Brendan Burgess
Founder
- Messages
- 52,401
Existing mortgage| € 300k|€300k
Existing house worth| € 250k|€300k
Existing negative equity |€50k|0
Savings |€80k|€30k
Following the good advice on Askaboutmoney, Mary has used her savings to pay down her mortgage and negative equity.
They want to buy a house for €400k
Johnny has the deposit and so can buy the house. Mary can't.