I hold a registered collateral mortgage on my now husbands house & he also...

[goodcarol2003]

...has a 1st mortgage.My name is now? going on the title...IF we separate say the home is worth 260,000.00, the 1st mortgage is 123,000.00, the second mortgage which I am holding is 130,000.00...would it be fair to subtract from 260,000.00 minus 123,000.00 equals 137,000,.00 minus my 2nd mortgage which would leave in equity 7,000.00, for him...say the home increased in price to 400,000.00 divide by 2 (split) = 200,000.00 and deduct his mortgage from his half ( in the prenup it states its his 1st mortgage since I paid my half) and I get my 130,000.00 plus 200,000.00......to me this isn't fair I think we should deduct the 1st and 2nd mortgage off the 400,00.00 and then split.....I don't want ruin the guy like his first wife. Hope I explained this properly.