# What to Offer on a House Calculator

URL: https://speedycalculator.com/calculators/finance/what-to-offer-on-a-house/
Last updated: 2026-10-25

> The what to offer on a house calculator suggests an offer price from the home's fair market value, the cost of renovations it needs, the discount you want and – for investors – your desired profit.

## Inputs

- Fair market value
- Cost of renovation
- Desired discount (%)
- Desired profit (0 to keep the home)

## Results

- Offer amount
- Offer as a share of market value

## Formula

```
Offer = fair market value × (1 − desired discount) − cost of renovation − desired profit
```

## Explanation

An offer should reflect comparable sales, the condition of the home and the market. In a seller's market you may need to offer at or above value; in a buyer's market, a discount and repair credits are common.

### How to use the What to Offer on a House Calculator

- **Fair market value**
- **Cost of renovation**
- **Desired discount**
- **Desired profit (0 to keep the home)**

Results update as you type, and every field accepts the units shown in its menu.

### How it works

Enter the fair market value, renovation costs, desired discount and desired profit (enter 0 if you will live in the home).

### Tips

- Get a written loan estimate and compare the APR, not just the interest rate.
- Include property tax, insurance, HOA fees and maintenance in your monthly budget.
- A larger down payment lowers the payment and can remove mortgage insurance.
- Rates change daily – use a current quote for the most accurate result.

### Common mistakes to avoid

- Looking only at the monthly payment instead of the total cost of the loan.
- Forgetting closing costs and fees.
- Assuming home prices always rise.

### Inputs explained

FieldWhat to enterFair market valueAmount in your currencyCost of renovationAmount in your currencyDesired discountIn %Desired profit (0 to keep the home)Amount in your currency

### What each result means

- **Offer amount** = [Fair market value]×(1 - [Desired discount]÷100) - [Cost of renovation] - [Desired profit (0 to keep the home)]
- **Offer as a share of market value** = [Offer amount]÷[Fair market value]×100

### Example values

How the main result changes when **Fair market value** changes and everything else stays at the example values above:

Fair market valueOffer amount210,000178,700315,000280,550420,000382,400525,000484,250630,000586,100840,000789,800

## Worked example

Inputs — Fair market value: $420,000; Cost of renovation: $25,000; Desired discount: 3 %; Desired profit (0 to keep the home): $0.

Results — **Offer amount = $382,400.00**; Offer as a share of market value = 91.05 %.

## FAQ

**How much below asking should I offer?**
It depends on the market – 0–5% below in balanced markets, more if the home has issues.

**Should I deduct repairs from my offer?**
Yes, for repairs not reflected in the price.

**How do I find fair market value?**
Look at recent sales of comparable homes nearby.

**What formula does the What to Offer on a House Calculator use?**
Offer = fair market value × (1 − desired discount) − cost of renovation − desired profit.