Maintenance Buyout: Lump Sum or Monthly Payments?
Is a lump sum today worth more or less than the monthly maintenance it would replace? Every piece below can be linked to, so it opens in a window on your reader's screen, current as of the record. No form to fill in.
2026 law · Reviewed September 7, 2026 · The full page, with methodology and sources · the terms · All tools
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The monthly amount, the months left, a discount rate, a stop-early allowance, and a proposed lump sum in; the stream's value today, the value after the allowance, the lump sum's monthly equivalent, and the crossover rate out, with both drawn over the term. In a frame it carries no cookies, no tracking, and a visible link back to the methodology. Your site has to allow frames; most do. The link that opens it in a small window is on the professionals page.
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- In plain words.
- Money paid over years is worth less than the same total paid today, because money in hand can be invested. This tool adds up the monthly payments, discounts them at a rate you set, and shows what the whole stream is worth now. It takes off an allowance for the chance the payments stop early, which they do if the receiving spouse remarries or moves in with a partner, or if either spouse dies. Then it shows what monthly payment a proposed lump sum would replace, and the rate of return at which the two come out equal.
- Why it matters.
- A buyout is a real choice in many settlements. The paying spouse is done, with no petitions to modify and nothing owed if the other remarries. The receiving spouse gets certainty and control of the money, and gives up the chance the payments would have run their full course. The number that decides it is the discount rate, and each side has a different one.
- An example.
- $2,000 a month for 72 months adds up to $144,000. At 5 percent it is worth about $124,000 today, and about $112,000 after a 10 percent allowance for stopping early. A $110,000 lump sum would replace about $1,770 a month over the same term, and the two are equal at a rate of about 9.3 percent.
- Where it stops.
- Every input is an assumption. It ignores tax on what the lump sum earns, changes to the monthly amount by a later court order, and how each side would actually invest or borrow. For an order entered after 2018, neither form is deductible to the payer or taxed to the receiver, so tax does not tip the comparison.
The facts
Six quotable sentences on trading maintenance for a lump sum.
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- A stream of monthly maintenance and a lump sum paid today are compared at a discount rate: the return the recipient could earn on the money, or the cost of the money to the payor. The present value of the stream is the lump sum that, invested at that rate, would pay out the same amount for the same months.
- Maintenance is not a sure thing. Unless the parties agree otherwise in writing, it ends on the recipient's remarriage or cohabitation on a resident, continuing conjugal basis, or on either party's death (750 ILCS 5/510(c)), and the amount can be modified on a substantial change in circumstances. A lump-sum property settlement in lieu of maintenance is non-modifiable and survives remarriage; that is the trade.
- Example: $2,000 a month for 72 months is $144,000 in all. At 5% it is worth $124,186 today, and $111,767 after a 10% allowance for the payments ending early. A $110,000 lump sum would replace $1,772 a month over the same term, and the two are equal at a rate of 9.3%.
- The crossover rate is the number to argue about. Below it the payments are worth more than the lump sum on offer; above it, less. Each side's own rate is different, which is why a buyout can suit both.
- For an instrument executed after 2018, neither form is deductible to the payor or income to the recipient (Pub. L. 115-97 § 11051), so tax does not tip the comparison; what the lump sum earns once invested is taxed in the ordinary way and is not modeled here.
- A buyout also settles the future: no petitions to modify, no proof of cohabitation, no life insurance to secure the payments. Those costs are real and unpriced, and they run in both directions.
The stream by discount rate
How the value moves with the one assumption that matters most.
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| Discount rate | Value of the payments today | After the 10% allowance | Monthly payment $110,000 would replace |
|---|---|---|---|
| 3% | $131,634 | $118,470 | $1,671 |
| 4% | $127,835 | $115,051 | $1,721 |
| 5% | $124,186 | $111,767 | $1,772 |
| 6% | $120,679 | $108,611 | $1,823 |
| 7% | $117,309 | $105,578 | $1,875 |
| 8% | $114,069 | $102,662 | $1,929 |
Cite and link.
The clean address, a citation generated from the record so it can never carry a stale review date, and an address for every section so you can point a reader at the exact table or method.
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- Link
- https://consideratecapital.com/tools/maintenance-buyout-calculator
- Citation
- Considerate Capital, "Maintenance Buyout: Lump Sum or Monthly Payments?," reviewed September 7, 2026, https://consideratecapital.com/tools/maintenance-buyout-calculator.
Link to a section
- The calculator https://consideratecapital.com/tools/maintenance-buyout-calculator#calculator
- The facts https://consideratecapital.com/tools/maintenance-buyout-calculator#facts
- By discount rate https://consideratecapital.com/tools/maintenance-buyout-calculator#key-numbers
- How the comparison works https://consideratecapital.com/tools/maintenance-buyout-calculator#how-it-works
- Methodology https://consideratecapital.com/tools/maintenance-buyout-calculator#methodology
- Revision history https://consideratecapital.com/tools/maintenance-buyout-calculator#revision-history
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