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Reply to "HHI to send 2 kids to private w/o FA?"
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[quote=Anonymous][quote=Anonymous]We make about 225k and have a 5k per month mortgage. We can only pull it off with grandparents paying for one tuition and financial aid covering 1/3 of the other (leaves us 2500 per month in tuition payments). We also have almost free healthcare with no insurance premiums. For us to be good to go without help (knowing we have a high mortgage), I'd say we would need to pull in 300k per year. To do it AND save well, 350k per year.[/quote] First, I get heart palpitations that you pay 5k in mortgage on that HHI. We're a bit lower but with less than half that mortgage and I couldn't imagine going that high. I mean, this isn't a criticism; just me saying that I'm nervous on your behalf! But if 1/3 of your other tuition is $2500, then the the tuition is $7500? Per month?[/quote]
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