It sounds like he is just trying to figure out how much to save on a heloc or construction loan paid early. would sya house but it seems to cheap for housing these days.

My mom passed away a while back. She wasn't very good with money so when my dad passed away she racked up a ton of debt and then paid off her debts with a home equity loan.

The house was bought for 125k. it's valued at 600k roughly. I know I don't have to pay her debts but if I want to keep the house, which I do want to since it's right by NYC and I love the area. There's a lot of stores around. I rent the basement to a friend. I am a registered nurse and I pick up a ton of overtime so I can pay this off in 1 yr. I don't want to have the debt/mortgage.

Once I pay the debt off I only pay 670/mth for property tax and about 140/mth for home insurance and that's really it. I would never find something like that with renting or buying property.