diff --git a/src/wallet/rpc/spend.cpp b/src/wallet/rpc/spend.cpp
index 8ea93665af56fc..39b194d4663d69 100644
--- a/src/wallet/rpc/spend.cpp
+++ b/src/wallet/rpc/spend.cpp
@@ -1472,10 +1472,22 @@ RPCHelpMan sendall()
                 }
             }
 
+            std::vector<COutPoint> outpoints_spent;
+            outpoints_spent.reserve(rawTx.vin.size());
+
+            for (const CTxIn& tx_in : rawTx.vin) {
+                outpoints_spent.push_back(tx_in.prevout);
+            }
+
             // estimate final size of tx
             const TxSize tx_size{CalculateMaximumSignedTxSize(CTransaction(rawTx), pwallet.get())};
             const CAmount fee_from_size{fee_rate.GetFee(tx_size.vsize)};
-            const CAmount effective_value{total_input_value - fee_from_size};
+            CAmount effective_value{total_input_value - fee_from_size};
+
+            const std::optional<CAmount> total_bump_fees{pwallet->chain().calculateCombinedBumpFee(outpoints_spent, fee_rate)};
+            if (total_bump_fees) {
+                effective_value -= *total_bump_fees;
+            }
 
             if (fee_from_size > pwallet->m_default_max_tx_fee) {
                 throw JSONRPCError(RPC_WALLET_ERROR, TransactionErrorString(TransactionError::MAX_FEE_EXCEEDED).original);