Can anyone help me work out the financial bit before my head explodes?

[MotherForker]

We are going to apply for a financial consent order, but only the one where we already agree. And we sort of do, its fairly amicable.

So far- I am staying n the house and remortgaging to buy him out. Unfortunately due mortgage repayment fees and a slight down valuation I can't borrow as much as I wanted. So I will owe him about £6k of equity (less than 5% value of house).

We have £6k of joint debt and we have a car which is worth £6k. Then we have £1700 of an asset that we could sell, but would be worth keeping for one of us (most likely me).

I can't get my head around how to split the debt and the car and other stuff. If I take the debt and he takes the car, will that cancel out some of it?

I know it doesn't have to be 50/50 but it needs to be as close to as possible. He is very rigid and expects 50/50 and as he doesn't want this divorce I need it to be as smooth as possible. We've both earned roughly similar amounts over our marriage when you do an average- to include maternity leave etc.

You both need a car. Or rather the children need each parent to have a car of equal value.
You have a joint asset worth 6k - 3k each
And you two need to buy a new one for 6k again 3k each. .
The 2 assets will be worth 12k.
The one who has the car worth £6k needs to be the one to give the other £6k to buy a car.

But I also owe him 6k equity.

Equity 6k to ex
Joint debt less joint asset if you keep both = £6000-1700 = £4300
This should be split 50/50 so £2150 each which you can take off the equity shortfall
You need to find another £3850