TopHot
How to fairly split house proceeds – should extra principle payments be weighed the same as interest?
How to fairly split house proceeds - should extra principle payments be weighed the same as interest? $300K house. I paid $150K down. We split closing costs, 10K ea. I think we agree this translates to an immediate 47% and 3% ‘share’ in the house. Going forward, for the next 50%: my partner is paying half of utilities, half of taxes, and half of minimum mortgage. I am paying double (the same, plus additional principle). I’m investing more in th...
Category:
