Sell it ?

[John Leschber]

Please advise on best route.
- After purchasing a home for what I feel was to much I am trying to determine the best route. Should I keep the home, sell it, or assumable loan sell. And if I sell it why does it make more sense in the long run, and at what price should I sell it for if it’s appraised for less than I bought it with current market.

Should I save and pay it off quickly or would the money be better in my pocket or in stock market?

Information/situation

Purchased a 3/2 1800sf home for 480k with 3.5 down payment. fha. 3.8% interest and Currently owe 450k

Mortgage $3,400.00

Currently we are renting home out for $2,400 and taking a loss

Living in an apartment for $1700 making total living cost $2700 with the 1k for covering loss on home

Household income 180k-200k

Please help me figure out what makes the most sense in this situation. My first instinct is to try and have someone assume my loan and get out.