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Forum
-> Household Management
-> Finances
Which one is more $
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| Tuition |
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47% |
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| Mortgage |
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52% |
[ 42 ] |
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| Total Votes : 80 |
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amother
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 Yesterday at 9:22 pm
Just for fun and to collect statistics
Which category do you pay more towards each month? See poll above
I know this varies based on where you live and number of kids. Feel free to comment below
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amother
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Yesterday at 9:27 pm
Mortgage $69k
Tuition $37k but only 3 young kids so far
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amother
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Yesterday at 9:34 pm
| amother Cyan wrote: | Mortgage $69k
Tuition $37k but only 3 young kids so far |
Hope you are financially prepared for tuition to jump significantly as your kids get older
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amother
Poinsettia
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Yesterday at 9:38 pm
| amother OP wrote: | Just for fun and to collect statistics
Which category do you pay more towards each month? See poll above
I know this varies based on where you live and number of kids. Feel free to comment below |
4 kids in school, tuition is close to $100k (full tuition, which we pay with no break)
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amother
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Yesterday at 9:39 pm
| amother OP wrote: | | Hope you are financially prepared for tuition to jump significantly as your kids get older |
BH yes with Hashem’s help.
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amother
Antiquewhite
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Yesterday at 9:42 pm
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3 kids. Mortgage is 2k/month. Tuition is about 3k. Of course there’s camp in the summer which is even more.
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amother
Slateblue
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Yesterday at 9:45 pm
4 kids, 2 in school 2 in playgroup
When I lived in lkwd my mortgage was $43k
And my schools were 14k and playgroups abt 14k too. 28k total
Moved OOT. Mortgage approx 60k. Full tuition is 29k (bh bh they offered a break, I volunteer in the school) play groups are around 18k. 47k total
When all my kids are in school my mortgage and tuition will both be abt 60k. I’m also hoping to one day have more kids
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amother
Quince
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Yesterday at 9:47 pm
Mortgage is $1500 a month
Tuition is $2000 a month
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amother
Blue
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Yesterday at 9:50 pm
OOT
Mortgage - <$15K/yr.
Tuition - $30K / yr
Four kids. Full tuition is about $12K/yr, but we get vouchers worth $6K for three of the kids. We bought our house 12 years ago for $225K with 20% down.
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amother
Lightcyan
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Yesterday at 10:16 pm
Mortgage $30k
Tuition $15k
4 kids bh for this because even with these “low numbers” and nice income we don’t really have extra.
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amother
Brickred
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Yesterday at 10:26 pm
Not even close.
Mortgage 24k
Tuition 4 kids 49k
Yes, I live in an oot area and bought my house over 10 years ago. And this is with a tuition break.
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amother
SandyBrown
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Yesterday at 10:26 pm
Mortgage 15K a yr (OOT)
Tuition $45K a yr does not include $24K worth in vouchers
Paying for 7 kids bh
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Hashem_Yaazor
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Yesterday at 10:31 pm
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Just my 2 BM boys alone are combined tuition more than my mortgage (which went up more than $100/month recently due to property tax increase)...
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amother
Wine
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Yesterday at 10:43 pm
Your mortgage vs tuition payments is really going to depend on when you bought your house and how many kids you have.
We bought our house before covid which means we payed much less than the current market, plus we have an insanely low interest rate. With property taxes our monthly payment is right around $3,000.
We have 6 kids, k"h. If we payed full tuition for all of them it would be over $95,000. Right now we're paying about $54,000 per year total. We expect that to go up by $10,000 or more next year.
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amother
Sunflower
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Yesterday at 10:54 pm
We bought our house 12 yrs ago, small out of town house.
If we would pay full tuition it would be double our mortgage!
We are both in Chinuch and BH get significant discount.
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amother
NeonPurple
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Yesterday at 11:02 pm
we pay about $30k in tuition
BH we just paid off our mortgage in full!
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small bean
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Today at 12:19 am
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My tuition is more than double my mortgage
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