These are starting assumptions, not statistics — tune every chip to your own reality.
Your numbers stay in your browser until you ask the advisor.
A new family member adds about
$1,070 /month in year one
Tight but workable — little slack left. The childcare and cost-level chips are the levers most worth adjusting.
Estimates based on the assumptions above — real offers will differ.
Stacked bar: estimated added monthly cost by child age, split into childcare, education, and everyday costs — all editable assumptions, not researched figures.
Make sense of these numbers
AI readingGet a plain-language reading of your result — what looks solid, what to watch, and questions worth asking a lender.
Educational guidance, not financial advice.
How to Read Your Result
Four things worth understanding before you rely on this for a real decision.
What This Tool Does and Doesn't Do
This tool takes the assumptions you set — your income, current spending, and the three cost chips — and does simple arithmetic on them, entirely in your browser. Nothing you type is sent anywhere unless you press "Explain my numbers", and even then only the figures go, never your name or contact details.
What it can't do is tell you the "real" cost of raising a child — there is no single real number, and any tool that claims one is guessing. Every default here is a rough starting profile for a mid-range household, deliberately labelled as such. Replace it with your own numbers whenever you can.
Important: This is educational information, not financial advice — and not a statement about family decisions, which are personal, not financial ones. Confirm the figures with a qualified adviser before you rely on them.
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