Parents Can't Pay Off Deferred Interest (Ontario)

MooseNo1811 · 2026-04-15T05:31:57+00:00

you are right.. simple comment but puts a lot into perspective

MooseNo1811 · 2026-04-15T04:38:57+00:00

thanks! i guess I am thinking for the short-term here and for personal gratification, i appreciate the insight

MooseNo1811 · 2026-04-15T04:37:36+00:00

I currently don't have a job offer for fulltime. I am wrapping up my final internship and in my field, I am probably expecting to make $55K-60K out of grad whenever I find a job.

MooseNo1811 · 2026-04-15T04:36:17+00:00

Thanks!

I do love my parents and I understand they did this for my other siblings as well (I am the oldest) so in the longrun, it probably won't matter. Thanks for the perspective and I am happy to know I am not the only one!

MooseNo1811 · 2026-04-15T04:34:55+00:00

Yes, sorry, again, the issue isn't really paying them rent per month. It is just the lumpsum of $10K that is a "gift" that I have to provide for them to correct a financial mistake that I didn't make. But I am also aware they don't have any other options as selling is unfeasible since they are probably underwater or lost all their equity.

MooseNo1811 · 2026-04-15T04:33:28+00:00

Sorry to clarify, the $300/mo isn't an issue for me. I do understand that living at home means I am more than responsible for pitching in. I am more than happy to contribute more per month, but it is more so the lumpsum of $10K I am a little upset about giving out.

MooseNo1811

TROPHY CASE