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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.

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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

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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.

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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.

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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.

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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.

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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...

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

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Budget & Finance AdviceMay 29, 2014
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