We are going thru this with our home right now. We paid over $100,000. so far on a house only worth $65,000. Husband refuses to to see that we are sunk. To top it off-it's a falling down rotten POS of a house built decades ago. The $1,000. a month payment leaves no room for improvements. I begged him to let it go but he freaked out and we are still there with no way to refinance or improve our situation at hand. It's very demoralizing.