How much money am i entitled to get in refinancing a house where i am the coborrower?

Dot
i bought a house with my brother 50/50 almost 3 years ago. both names are on title and mortage. we are refinancing to get my name off (i'm moving on). there is about 30K in equity. we are planning on splitting the equity 50/50, but i am wondering what else am i entitled to? to i recoup any of the other payments i've made (down payment, mortgage and bill payments were all split 50/50 between the two of us).

Bart
It appears that you and your brother have gone through this investment on a full 50/50 basis, including any downpayments.That being the case, you are entitled to 50% of any excess derived over your combined total investment vs the final sale price.

Dotty
If you've put everything in 50/50 up to now, then your half of the equity would cover that and you wouldn't be entitled to more.

Shane
Entitled to ??What does the contract you and your brother each signed at the start - before the house purchase say?It sounds like he is buying out your half; which would mean the amount of the down payment you made, plus half of any equity gain (or loss - in which case minus). The mortgage, bills, etc should be considered like rent.But if you can't come to an agreement now; there is not much you can do. Any sort of legal action would cost far more than the amount of money involved.