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Reply to "Calculating how much to claim for portion of house value during divorce"
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[quote=Anonymous]I think you would have to figure out how much of the original loan amount was paid down during the marriage, so you can calculate what percentage was paid before and after the marriage. For example, if he/she had a $1 million mortgage and paid down $500k before the marriage and $250k during, I would argue that 1/3 of the "original" equity in the house is joint property. I would then deduct the value of the house at the time of the marriage from the current value, deduct the remaining mortgage value and then divide 1/3 of the remainder 50/50. [/quote]
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