how is it ok for you to pay extra 575 ( interest is 2.5%, not 0 %) for your debt, 9100 for interest on your mortgage; pay the minimum for your mortgage and get the debt paid off then put extra toward your mortgage

1. you need a written contact and list detail term, time frame, interest for pay back, also listed what happen if he dies then who will pay for his debt, it's business, treat it like it

be sure you understand that you have to pay taxes on the proceed

Yes, there is a significant tax penalty for selling a house you've owned for less than 2 years. This penalty happens because you will have to pay capital gains taxes on any profits from the sale of the property, even if it was your primary residence. Here are the implications if you sell your home too soon.

The penalty for selling a house before living in it for 2 years is that you won't qualify for the capital gains tax exemption, and you will have to pay a capital gains tax on any profit. If you've owned the home for over 1 year, but under 2 you'll pay long-term capital gains, while if you've owned it for less than one year, you'll pay short-term capital gains taxes.

have a budget, no extra spending, 2nd job, cut out unnecessary services/trip/purchase which will take some self-control, last option is to move to other part of country that is low cost of living!