Latest Posts
Home > Reader Questions > What Kind of Loan Do I Need to Pay Off Husband in Divorce? – Joann

What Kind of Loan Do I Need to Pay Off Husband in Divorce? – Joann

Divorce and house paid off what loan do i need to pay half back to husband.

Hi, I am getting a divorce but I will keep the house. The house is paid off but I will have to pay spouse half of value of house. What loan would be best to get. The house should stand good for loan also. Looking to borrow around 40,000.


This is your chance to be a hero and help out this person by providing your feedback and answer to the question in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Consumer

This is information that was submitted by a third party and not generated by or Steve Rhode.
  • G

    I would refinance so you can get a better interest rate and you can write that interest off on your taxes.

  • John

    Hello Friend,

    The best opyion for you would be to re-fi your house if it’s paid. Cheaper interest rate.

  • Sans Credit

    With decent credit you should be good to go on a refi.  Rates are extra low now, and like msullivan said, go for a 10 or 15 year loan – generally only $80 – $200 per month more, but paid in half the time.

    Good luck.

  • Msullivan


    I would suggest refinancing the home for the amount you owe your ex. That will assure that you have a clean title (the lender would otherwise insist on your ex’s signature). That also provides you with tax benefits and you are likely to get a 4% APR which is rather inexpensive financing. It would be wise to to get a 10 or 15 year mortgage if you can afford it. The shorter the mortgage period the less the interest cost.

    I am assuming from your question that you can borrow and have good credit and a reasonable income. You will have to qualify for any type of loan.

    Good Luck!

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.