Moving in and equity
I am going to move into my boyfriends house he has owned for 6 years. I will be put on the deed and pay 1/2 the mortgage of 80k,since the loan is only 6 years old it’s basically what he paid for the house. He has done some updates and now the house is worth 130,000. He is asking for 25K in the case if we break up and we have to sell the house I will get half of the 130 K. However things still need to be done to the house so not only would I be giving him 25,000 in move-in and have to pay off half the mortgage . There are things that still need to be done to the house and I’d probably have to give him another 5K for my half of finishing up. Is that a fair deal?