Viewing a single comment thread. View all comments

meamemg t1_j6obvgr wrote

  1. Closing costs are going to be at least double what you have estimated
  2. Room and board includes food. You haven't budgeted for that in here
  3. Do you all have 2 years of income history to show the lenders?
  4. What happens if someone drops out or moves to a different college?
  5. Interest rates are generally above 5% right now.
7

UltimatePlayer3301 OP t1_j6od1s9 wrote

What I budgeted was only for room at college, I didn't include food, but all your other points I agree with.

1