My self and my ex are try to broker some sort of a deal to get ourselfs out of the financial mess we are presently in.
She is living in the family home with our son and im in the investment property .
Personal and income details
Net 3000 monthy
Net 750 welfare monthly
400 maintanence from me monthly
500 rent allowance
Home loan
Lender: kbc
Amount outstanding: 270,000
Value of home: 150,000
Interest rate: variable 4.9
Monthly repayment 1400
Amount in arrears 500
has been on less than interest only for 6 months
Investment property -
Lender: kbc
Amount outstanding: 270,000
Value of home: 100,000
Interest rate: 4.9
Monthly repayment 1400
Amount in arrears 0
Monthly rent received ..im presently living in it..
Other loans and creditors - delete those which don't apply to you
Overdraft
Credit Card 1000
Family 3500 owed
Other savings and investments none
How important is retaining the family home to you?
Which of the following best describes your situation?
I dont care about the investment property which im resident in but want to keep on to the family home for the sake of my son.
Any other relevant information
What is your preferred realistic outcome?
maybe sell the investment property and come to some agreement where we can keep the family home..
Any advice would be great thanks
She is living in the family home with our son and im in the investment property .
Personal and income details
Net 3000 monthy
Net 750 welfare monthly
400 maintanence from me monthly
500 rent allowance
Home loan
Lender: kbc
Amount outstanding: 270,000
Value of home: 150,000
Interest rate: variable 4.9
Monthly repayment 1400
Amount in arrears 500
has been on less than interest only for 6 months
Investment property -
Lender: kbc
Amount outstanding: 270,000
Value of home: 100,000
Interest rate: 4.9
Monthly repayment 1400
Amount in arrears 0
Monthly rent received ..im presently living in it..
Other loans and creditors - delete those which don't apply to you
Overdraft
Credit Card 1000
Family 3500 owed
Other savings and investments none
How important is retaining the family home to you?
Which of the following best describes your situation?
I dont care about the investment property which im resident in but want to keep on to the family home for the sake of my son.
Any other relevant information
What is your preferred realistic outcome?
maybe sell the investment property and come to some agreement where we can keep the family home..
Any advice would be great thanks