Needing calculation of joint ownership

D

Dutchess

Guest
Could anyone do a calculation for me please?

House bought for 285.000 by me and my son and daughter-in-law
I put down 107.000
Son put down 17.000
Mortgage for 164.000 is paid by daughter-in-law.
They think that after making payment totaling 107.000 we will be equally vested in this house.
This does not seem correct to me.

I am not a math person, can anyone help me out here with a calculation . reasoning?
thank you
Dutchess Margaret
 
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