FREE CALCULATOR

Divorce Financial Calculator

Estimate how assets will be divided, whether alimony applies, and how to fairly split co-parenting expenses. Free calculator for US couples.

1. Divorce Financial Snapshot

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Shared Assets ($320,000)

Shared Debts ($360,000)

Your Estimated Snapshot

Based on California Community Property laws.

Asset & Debt Division

You get:$160K
Partner gets:$160K

Community property states generally divide marital assets 50/50.

Alimony Estimate

Monthly Amount:$133$200
Est. Duration:4.05.0 years

Based on standard AAML formulas. Duration is usually tied to the length of the marriage.

Net Financial Picture

Estimated Net Worth Post-Divorce

Your Net Worth:-$20,000.00
Partner's Net Worth:-$20,000.00
Estimated Legal Costs: A typical uncontested divorce costs $1,500 to $5,000. If contested, expect $15,000+.
Post-TCJA Note: For divorces finalized after Dec 31, 2018, alimony is not tax-deductible for the payer, and not considered taxable income for the recipient.
California Note: CA guidelines generally calculate temporary spousal support as 40% of the high earner's net income minus 50% of the low earner's net income.

Sell vs. Keep the Home

Sell & Split

Each partner takes their share of the $150,000 equity.

You get:$75,000
Partner gets:$75,000
One Partner Keeps

The keeping partner buys out the other's share.

If you keep, you pay:$75,000
If partner keeps, they pay:$75,000

Disclaimer: This calculator provides general estimates for educational purposes only and does not constitute legal or financial advice. State laws vary significantly and judges have wide discretion. Always consult with a licensed family law attorney and financial professional in your state regarding your specific situation.

Frequently Asked Questions

Halfway makes tracking co-parenting expenses automatic.

Split shared child costs proportionally, settle up in real time, and keep your personal finances completely separate.