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The Ramsey Show Highlights

"Here's Why You Shouldn't Keep Your House"

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 22 August 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.0

I had a question. My husband and I are finally able to live together after being married

0:13.0

for three years. But I own my house and he doesn't, he rents, but because of our jobs, you know, his house is the better option to live at.

0:24.7

I'm just not sure what to do with my house.

0:26.6

It's got that great interest rate.

0:28.6

It's, you know, I'm not sure what to do.

0:30.6

What's it worth if you were to sell it today?

0:35.1

Probably two, over 200, 220.

0:39.3

What do you owe?

0:41.1

122, $122,000.

0:43.7

Sell it today and put $100,000 down on a new house, both get out of his rent house and you find yours.

0:48.7

Who cares about that stupid interest rate, man?

0:50.7

You don't want to be a long-distance landlord.

0:52.5

People are parking their whole lives on a once in a

0:56.4

millennium interest rate. Yeah. Let's play this out a little bit. Let's play it out. Because I hear the

1:03.2

doubt and we love doubt. Doubt's not bad. Love it. Let's put this to the test. Okay. So let's say

1:08.9

you keep it at that fabulous interest rate that you're in love

1:12.1

with. What do you think you would rent it for? Any idea? Well, I think it depends on the runner.

1:20.7

My daughter, she's an adult. She's actually interested in either renting it herself or buying it.

1:29.9

Give her a great deal.

1:30.9

Let's keep playing this out.

1:31.9

Let's play the renting thing out because you presented us with,

...

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