If I change my Apple ID will I lose my apps?

I have an iPhone and I use my dad's Apple ID along with my two brothers so we can all have the same apps. But we now have about seven devices using the same ID, which means it can slow my iTunes down quite a bit when it tries to download all of the apps.
I'm thinking about making my own Apple ID, but will I lose all of my apps I've paid for? All I want to do is change the ID, I'm not changing my phone or anything.

No you wouldn't but in-order to re-download the paid apps you would need to download it from the original apple id it was bought on.

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