How should a couple with disparate earnings divide costs?
October 8, 2013 6:42 AM Subscribe
My fiancé makes 200,000 a year while I make 116,000. He has an annual bonus potential between 300,000 and 600,000 in addition. My bonus potential is between 2,000 and 11,600.
posted by anonymous to work & money (44 answers total) 6 users marked this as a favorite
If we buy a house with a monthly mortgage of 4700, real estate tax included, what is a fair division of our monthly costs given the disparity in our earnings?
I was thinking I pay half the principal, mortgage and tax, as well as most groceries, and he pays for everything else. The latter would include energy and maintenance (heating, electric, housecleaning, landscaping) plus eating out. Also, various repair work. Later, a larger remodel, when his bonus happens.
If we have to sell down the line we split the profit 50-50.
Is that fair?