A California man purchases a house for $500,000, putting $100,000 down in cash and borrowing $400,000 via a purchase money mortgage. The man marries one month later and immediately refinances the home, borrowing the remaining $100,000 via a second mortgage taken in his sole name. Upon dissolution of marriage, what is the man's separate property interest in the home, if its fair market value at trial is $750,000?
Tags: 100000, 40000, 500000, borrowing, California, Cash, House, purchases, putting