Compare moving to a smaller house or a condo. See your freed equity, monthly savings, one-time costs, and what investing the difference could grow to over time.
🏠Current Home
$
$
$
$
%
$
Net Equity After Sale
—
Enter your home value to calculate
🏠Smaller House
$
%
%
yrs
yrs
$
🏡New Property Costs
$
$
$
$
$
💡 Condo fees cover building insurance, common area maintenance, snow removal and landscaping — but can increase annually. Always request the Status Certificate before buying!
$
$
$
$
$
💰Household Income
$
$
$
✦ Include CPP, OAS, pension or any other monthly income.
🛒Monthly Expenses
$
$
$
$
$
$
🏛️Land Transfer Tax
⏳ Full provincial calculation coming soon. Showing Ontario rates as estimate.
🎁 First Time Home Buyer?
Land Transfer Tax
—
Enter a purchase price to calculate
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The PennyJar
Wealth Portal · Downsize Analysis
Downsize Decision Report
Downsize Analysis — Smaller House
📊
Calculating...
Enter your numbers above to see the verdict.
💰Equity Released by Downsizing
Current Home Value
—
Estimated market value
Selling & Mortgage
—
Commission + legal + payoff
Down Payment Used
—
For new property
Equity Freed Up
—
Available to invest or keep
📊Before vs After — Monthly Picture
🏠 Current Home
Mortgage Payment—
Property Costs—
Lifestyle & Vehicles—
Monthly Total
—
Monthly Surplus
—
⬇️ After Downsize
New Mortgage Payment—
New Property Costs—
Lifestyle & Vehicles—
Monthly Total
—
Monthly Surplus
—
✅ Your Monthly Savings
Mortgage Savings—
Property Cost Savings—
Lifestyle (unchanged)—
Total Monthly Savings
—
Annual Savings
—
🏛️One-Time Costs to Downsize
Selling Costs
—
Commission + legal to sell
Land Transfer Tax
—
—
Legal Fees to Buy
—
Estimated legal costs
Total Move Cost
—
Due before or on closing day
Household Income—
New Monthly Total—
Expense Ratio—
Monthly Savings—
Equity Freed—
Next Step
What could your freed equity grow to?
You've seen what downsizing puts in your pocket. Now see what happens when you put that equity and monthly savings to work — explore the investment calculator to model growth over 10, 20, even 30 years.