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Paying back Dad.

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Comments

  • BoGoF wrote: »
    In all honesty there's no point 'guessing'.....have there been any recent sales around you that you can look up on zoopla?

    Just had a look on Zoopla and then did a calculation on the borrower calculator on my building societies website .. I think I can wave this idea goodbye for now!! Thank you for all your help though :)
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Slybert07 wrote: »
    Just had a look on Zoopla and then did a calculation on the borrower calculator on my building societies website .. I think I can wave this idea goodbye for now!! Thank you for all your help though :)

    my question still stands though
  • new2012
    new2012 Posts: 158 Forumite
    How much do you owe your Dad?

    Find out how much you would need to repay every month for the amount borrowed if you borrowed it.

    Pay that amount to your Dad every month instead.

    Or does he want it all back at once?
  • Does your Dad want the money back now? Is he pressing for it?

    If not, it seems a bit daft putting yourself in the doo-doo for the sake of paying him off!

    I don't think there are any tax problems with paying him back.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
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