social

Sharing Mortgage Expenses With Boyfriend?

My boyfriend and I are moving in together. We have a 1 year old son and I have a 5 year old daughter. He bought a home last year and I bought one this year. The decision to move in together was made after our homes were purchased. He has found renters for his home so his mortgage (and more) is taken care of. We are planning on getting married in the next couple years.

Advertisement

He keeps saying he has no problem helping with the utilities, but I think he should help with the mortgage. Yes he is contributing to my equity, but as a result of living with me his home is gaining equity without him paying anything. What should I do and how should I approach this?

By Britt

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

 
May 29, 20140 found this helpful

Whatever you do, get everything done in writing and notarized. My opinion is he should be responsible for half of everything, including insurance and groceries. The way his attitude sounds, I wouldn't let him move in with your, and I would really hesitate marrying him too.

 

Gold Feedback Medal for All Time! 520 Feedbacks
May 31, 20140 found this helpful

So even if you marry, his house will still be his? I don't get that . surely marriage is supposed to be about sharing things. Would it be possible to sell both and get a house that was 'ours' instead of yours or his? My daughter moved in to her boyfriends house and it never felt like hers. When they split up, she was the one who'd given up her flat and furniture and had to start over.Perhaps he's thinking this way.Seems to me he'll do rather well out of this but then I don't know all the details.

Advertisement

I agree with redhatterb get it signed, sealed and settled before he moves in. You're not happy about it now. Afterwards will be too late.
Marg from England.

 

Silver Feedback Medal for All Time! 399 Feedbacks
May 31, 20140 found this helpful

Sounds like a good deal for him. He will be making money, and paying out minimum. What will you get out of this deal: the pleasure of cleaning and cooking for him? If he doesn't care about making your live easier now, he never will. It's ALL about him.

 
January 8, 20150 found this helpful

If you are putting your boyfriend's name on the house deeds then yes, he should pay half. Of course he should pay his way...

Advertisement

food, bills, entertainment, etc. but I don't see why he should have to pay for your house.

 

Add your voice! Click below to answer. ThriftyFun is powered by your wisdom!

 
In This Page
Categories
Budget & Finance AdviceMay 29, 2014
Pages
More
👔
Father's Day Ideas!
🌻
Gardening
👒
Mother's Day Ideas!
Facebook
Pinterest
YouTube
Instagram
Categories
Better LivingBudget & FinanceBusiness and LegalComputersConsumer AdviceCoronavirusCraftsEducationEntertainmentFood and RecipesHealth & BeautyHolidays and PartiesHome and GardenMake Your OwnOrganizingParentingPetsPhotosTravel and RecreationWeddings
Published by ThriftyFun.
Desktop Page | View Mobile
Disclaimer | Privacy Policy | Contact Us
Generated 2024-04-30 18:23:53 in 8 secs. ⛅️️
© 1997-2024 by Cumuli, Inc. All Rights Reserved.
https://www.thriftyfun.com/Sharing-Mortgage-Expenses-With-Boyfriend.html