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Reply to "Calculating how much to claim for portion of house value during divorce"
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[quote=Anonymous]OP here. I don't have any of the mortgage documents and it may take a long while to get access to them. Is there some decent way to at least come up with a rough estimate of how much equity would have been paid down between year X and year Y? I know the initial purchase price, I am guessing the down payment amount was about 20%. I also know how the house value changed over time, and roughly what the monthly mortgage payment was. I think it is a 30-year mortgage, like most mortgages. I can probably look up historical interest rates and take a guess at the interest rate too. Does it make sense that I can come up with a reasonable rough figure by plugging all that into some formula, or are there just too many unknowns?[/quote]
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