Is estate responsible for mortgage

[helptoknow]

If my name is on a mortgage with another person and I die, is my estate required to pay the mortgage.

 

[dee_dub]

No, it is not required to pay the mortgage. But there may be repercussions if it does not - the property might get foreclosed on, or the other named person might pay the mortgage and have a claim against the estate for that amount.

You might want to consider life insurance on the mortgage.