Downsizing Calculator

Discover the true financial impact of downsizing your home, including potential savings, renovation costs, and what inaction might be costing you over time.

Current Home
Enter details about your current property
$750,000
$250,000
$2,500

Include mortgage payments, property taxes, utilities, etc.

$5,000
Current Equity:$500,000
New Home
Enter details about your potential new property
$450,000
$150,000
$1,500
$2,500
New Equity:$300,000
Downsizing Financial Impact
Basic financial comparison between your current and new home
Equity Difference:$200,000
Cash Available After Downsizing:$170,000
Monthly Savings:$1,000
Annual Savings:$14,500

This calculator provides estimates based on the information you provide. Actual costs and savings may vary.

Consult with a financial advisor before making major financial decisions.