# Home and kids

Let's add your best guesses as to if, when, and where you want to buy a home, and also get some info about whether or not you want to have kids.
1. Do you want to buy a home?
Yes
00
48
Feel free to adjust the home price in the table below so that it’s reasonable for you.
in the table below, then select it ☝️
Table here to adjust your mortgage and home parameters here if you want to!
:
i : monthly interest rate (annual interest rate divided by 12)
n : number of months to repay loan (years to repay loan multiplied by 12)
P : amount borrowed (price of home minus down payment)
% down payment :
00
20
Annual interest rate :
000
3.1
Years to repay the loan :
00
30
Search
Active
State
Home Price
Monthly Mortgage
Down Payment
Notes
1
California
$1,500,000$5,124.20
$300,000 Standard 3 bedroom in Mountain View, CA (Zillow) 2 Colorado$800,000
$2,732.90$160,000
Standard 3 bedroom in Boulder, CO (Zillow)
There are no rows in this table
How much is your monthly rent ($/month) until you buy your home? 00000 9300 2. Do you want to have kids? Yes Let's just get a bit more info about these kid(s) of yours! At what age do you want to have / did you have your kids? (check the box for each kid you want to have!) First kid 00 30 Second kid 00 32 Third kid 00 30 Fourth kid 00 30 What category of spending/economic status do you fall into? Upper Middle Class These numbers come from based on a 2017 . Search Active Spending Status Cost of 1st kid 2nd 3rd 4th 1 Frugal Spender$5,000
$4,000$4,000
$4,000 2 Moderate Spender$9,000
$7,000$7,000
$7,000 3 Upper Middle Class$13,000
$10,000$10,000
$10,000 4 Upper (Private School)$30,000
$30,000$30,000
$30,000 There are no rows in this table How much does 1 year of college cost for 1 kid? 000000 80000 This is the total cost of attendance today for the type of college or university you would want your children to go to. Don’t worry, we’ll automatically add in the tuition inflation calculation for you ( minus 2% inflation rate - ). For reference, today college costs this much per year (just search “School X cost of attendance” in Google) 🤯 Private schools :$85,000
: $78,000 :$78,600
(non-Latter-Day Saint) : $25,600 :$23,000
State schools
(out-of-state) : $73,000 (in-state) :$42,000
(international) : $60,000 (out-of-state) :$54,000
(in-state) : $28,000 International (non-EU resident) :$19,000
(EU resident) : $15,000 (non-Canadian resident) :$63,000
(Canadian resident) : $19,000 Community college :$25,000
What % of your kid's college costs do you want to pay for?
000
100
If you want to pay for all of your kid(s)’s college costs, put this to 100%. If you want them to pay for some of it themselves, then put this at a lower percentage (for example if you put it at 80%, then you would pay 80% and your kid would pay 20%).
👉 Home and kids ✅. Let’s check out:
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