How much would this breakup cost me?
Regretfully co purchased first house with girlfriend of 4 years. Now just 5 months after the purchase realizing this isn’t going to work. Lived together for majority of those 4 years at previous rental house.
I provided 100% of the down payment/closing costs and used the rrsp first time buyer program. I also purchased several big ticket items (furnishings) without her assistance upon moving in.
We have made 10 mortgage payments. Our mortgage payments include our property tax. She is currently paying less than 1/4 of the payment.
I do not suspect the value of the home has increased any in the time we have been here.
So how would this play out?