In response to:

How Much Does President Obama Still Owe on His House?

russhughes Wrote: Apr 23, 2012 6:58 AM
You need to look at the chart again,it states he balance is $1,159,389.21 however who cares

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

Related Tags: Obama