My boyfriend’s brother gave me $6,000 to buy a house 12 years ago. It rose 128% in value. How much should I give him back?

I love reading your column, and hearing about all the different aspects of financial questions, but now it’s my turn to ask for your advice. Twelve years ago, my boyfriend’s brother lent us $6,000 to cover closing costs on a home purchase, plus a little extra for initial repairs.

When I refinanced the mortgage a year and a half later, I offered to pay him back, but since he knew we were in the process of renovating and my boyfriend wasn’t making as much money as he was accustomed to because of some serious health problems he was experiencing at the time, he said to just hold onto the money, and we could pay it back at another time.

“ ‘Interest was never discussed, nor do I have any idea what, if any, expectations he has regarding any growth in his investment.’ ” I’m glad that you all remain close, but I would be remiss if I did not gently chastise you for not putting this loan on paper. What if you had split from your boyfriend? Or if his brother suddenly needed dough that you didn’t have? There are so many ways where this could have gone horribly wrong.

— The Moneyist I also see the argument for, “What if he had invested the $6,000 in the stock market in 2009?” But he didn’t do that, and we don’t know whether he would have invested it anywhere during this time, wisely or otherwise. It’s also easy to be generous with other people’s money. I have not taken a purely scientific approach to your letter because I don’t believe it’s a purely scientific dilemma. Whatever you decide, take him for dinner, present him with a nice card, and explain that you appreciate him trusting you, and helping to make this house purchase possible.

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Quantanamo $12,000. You more than doubled your money, but then likely had some selling costs. You really should have paid him back earlier.

You will give him $7,680 extra Which makes $13,680 total accompanied with a big smile 😁

Quantanamo 6,001

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