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How long did you live together and how old are the children.
How much is the house worth and how much is outstanding on the loans?
What other assets are there and what income do you each have?
If you sell the property where will you and the children live?
Do you not wish to remain in the property until your youngest is 18?
Setting aside the issue of the transfer of the loans - could you actually afford to stay there/
Could you renegotiate the mortgage terms?
Are you intending to start divorce proceedings?
If the matter had to be decided by the family court there is little doubt that the court would order that the loans were paid out of the proceeds of sale - and in fact given the contribution by your parents it is likely that you would then receive the balance of the equity - such as it is
If your ex will not be reasonable in discussions using Family Mediation then you would be better off issuing Divorce proceedings and dealing with the financial matters within the Court process.
I hope that this is of assistance - please ask if you need further details