<prompt> Human: So I need some serious financial advice on pretty short notice.To start:My Income: 69000Moms Income: 53000 Bought a house in November 2015 with my mother as co-signer. The house was purchased for 525,000 2.49 interest with a 5 down payment of 25,000 and a monthly payment of 2600 400 for the bills . We had an initial agreement that she would pay 1000 towards the mortgage each month as I was starting at a new job and just getting my footing, I couldnt afford to pay the full mortgage at the time so we agreed that by the end of the first term I would take over the entire mortgage and all of the bills in November 2020. Unfortunately this didnt go as planned. Last year around April she begins to tell me that she cant afford her end of the mortgage anymore for whatever reason and she wouldnt tell me why...it took me a week of constant prying for her to finally tell me that she had around 7-8 credit cards totaling a whopping 140,000 in debt and that she couldnt afford to pay her minimum payments anymore on top of the 1000 she was supposed to pay on the mortgage. This left us with two options... debt consolidation or bankruptcy. We opted for debt consolidation as bankruptcy would mean losing the house so we ended up with a nice fat 156,000 interest-only second mortgage with a 12.99 interest rate, 1688 monthly payment, and an annual renewal fee of 9800. She agreed to take care of this so I thought we were fine. At this time the house was appraised at 780,000 For whatever reason my mom failed to tell me about this renewal fee that the mortgage company had informed her of months earlier and now we are pretty much 1 month away from the renewal date and ive only just been shown the paper last weekend. Now im trying to fix this situation by avoiding the renewal fee all together and combining the two mortgages into one at a higher interest rate. The problem is the house has now been appraised at 705,000 and we will need a mortgage of 637,000 to be able to combine the two existing mortgages into one.Essentially this means we are above the maximum LTV ratio when trying to refinance the mortgage MAX is 85In numbers:705,000 x 85 599250156,000 2nd mortgage 481,000 637,000637,000 divided by 705,000 90637,000 - 599,250 37,750So basically I need to find a way to obtain 37,750 in the next month or im forced to pay an insane renewal fee along with interest-only payments for at least another year. I guess its worth mentioning that im having little to no luck with trying to find somewhere to give me this loan even at insane interest rates, seems to be impossible but id hate for that to be the case.How do I get out of this? I dont want to sell whatsoever but I am open to any advice.Any help is greatly appreciated. ThanksAssistant: Sell the house. It should never have been purchased in the first place at that price for what you make. Human: Right and wrong. at the time of purchase my Moms income was 65000 and mine was 35000. She was on a commission based salary at the time and I was hourly. I got two promotions the following two years and my annual income was 69000 as of last year and it will only go up from there, I have three raises coming annually for the next 3 years.Im in a much better position to afford this now, and even when I only made 35000 it was still doable.  <response>: I think your definition of afford is very different from anyone elses here. 