SOLUTION: If one person puts down 50,000 on a house and the spouse puts down 30,000 and the total home loan is 250,000, how much should each pay individually based on different down payments

Question 864639: If one person puts down 50,000 on a house and the spouse puts down 30,000 and the total home loan is 250,000, how much should each pay individually based on different down payments? One would obviously pay a little more to be fair.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The husband will now pay dollars
The spouse will now pay
The spouse will now pay or

To make their payments the same,

and

The husband should pay $75,000
The spouse should pay $95,000
-------------------------------
check:

( they pay the same total amount )
and
( their payments add up to $250K )
OK
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