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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What do you think is a comfortable--neither extravagant nor penny pinching lifestyles--HHI for a family to send two children to private school in NW DC, assuming that one does not need to rely upon financial aid? I'm guessing $300K.[/quote] mortgage: $5,000 monthly Tuition for two kids: $6,000 monthly living expenses: food, utilities, car payment, health insurance, etc: $2,000 round up to 15K a month take home. Not sure what taxes would be, but maybe you could do it on $225K to 250 K.[/quote] We have Hhi of $280 and make a little under $12k a month with mortgage f $3 and student loans of 2 there is definitely no money left for private tuition.[/quote]
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