In response to:

How Much Does President Obama Still Owe on His House?

Highsider Wrote: Apr 23, 2012 3:07 PM
So Barry and company are paying $4.75 per $1000 in value with the credit rating of the biggest spendthrift in American history while I'm paying $7.70 per $1000 with my excellent credit? What's that smell???

In June 2005, President Barack Obama paid $1.65 million to acquire his house in Chicago. How much do you think he still owes on it today?  Stately Obama Manor (Image Source: Zillow)

Believe it or not we can actually answer that question using information from the President's tax returns, which he has released to the public! Combined with information about his mortgage, which the Washington Post has been kind enough to publish, we estimate that as of this month, April 2012, President Obama still owes approximately $806,000 on his residence at

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