My girlfriend and I are planning to move in together in ~3 months.
I own a small apartment in Amsterdam, my mortgage, heating, water and electricity is about 2000 Euro a month, and I earn 30% more than she does.
Some context: Amsterdam is damn expensive and in an housing crisis, since living here she’s been paying about 1000/m to rent a room. Both of us earn quite well and money isn’t tight
What is a fair way to split costs? I’ve heard everything from she should live here for free because I was paying for everything anyway to we should split everything 50/50, and I’m not sure what is fair.
I don’t think 50/50 is fair, because the way I see it, I’m going to get back a fair amount of the money I pay to my mortgage when I sell the apartment.
So what is fair? My gut feeling is something like we split the heating, electricity, groceries etc. 50/50. And she pays say 500 Euro a month for living here (less than half what she’s used to paying in rent)
that still means she helped pay off the mortgage, and she should accordingly own a part of the house even if she “bolted”
The logic is that she didn’t pay any equity into the house. That makes the situation similar to two people sharing the monthly rent on a rented apartment except they’re paying a bank and not the landlord.
it’s the cost of purchasing a house. Two people paying a landlord is more similar to having two girlfriends who pay off the mortgage. This is more like one person sharing the cost of the loan on a house they won’t get to keep.
Ok, but like it also doesn’t seem fair for the non-owner romantic partner to just get free rent, no?
If the owner sells the property, they will not get back any of the money spent on interest. Thats the point. The assumption is that the principal is the best representation of the portion that the property owner gets to keep.