<prompt> Human: Parent have about 115k left on their mortgage, they are tired of the extra 600-700 a month that goes towards interest.They are tired of it because I have 100k sitting in the bank and theyd rather pay me monthly instead of the bank?whats the best way to go about this? can I add my name as owner of the house?Edit: I dont want to loan or gift or just help like most are advising against? I want legitimate financial plans that protects me and them, like can I be co-owner of the house? what are the benefits of that etc  <response>: Dont loan money to family or friends in amounts you arent willing to gift. 