Estimated Annual Cost in 2042 | $122,800 |
Monthly savings required | $971 |
How much will it cost to send your child to University of Massachusetts Lowell in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $491,199.52 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $970.51 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.
Current Annual Cost | $32,732.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 4 |
Discover how much will you need to start saving now to afford University of Massachusetts Lowell in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $970.51 | $0.00 | $0.00 | $970.51 |
2 | $970.51 | $970.51 | $0.00 | $5.49 | $1,946.51 |
3 | $1,946.51 | $970.51 | $0.00 | $11.01 | $2,928.03 |
4 | $2,928.03 | $970.51 | $0.00 | $16.56 | $3,915.10 |
5 | $3,915.10 | $970.51 | $0.00 | $22.14 | $4,907.75 |
6 | $4,907.75 | $970.51 | $0.00 | $27.75 | $5,906.01 |
7 | $5,906.01 | $970.51 | $0.00 | $33.39 | $6,909.91 |
8 | $6,909.91 | $970.51 | $0.00 | $39.07 | $7,919.49 |
9 | $7,919.49 | $970.51 | $0.00 | $44.78 | $8,934.78 |
10 | $8,934.78 | $970.51 | $0.00 | $50.52 | $9,955.81 |
11 | $9,955.81 | $970.51 | $0.00 | $56.29 | $10,982.61 |
12 | $10,982.61 | $970.51 | $0.00 | $62.10 | $12,015.22 |
13 | $12,015.22 | $970.51 | $0.00 | $67.94 | $13,053.67 |
14 | $13,053.67 | $970.51 | $0.00 | $73.81 | $14,097.99 |
15 | $14,097.99 | $970.51 | $0.00 | $79.71 | $15,148.21 |
16 | $15,148.21 | $970.51 | $0.00 | $85.65 | $16,204.37 |
17 | $16,204.37 | $970.51 | $0.00 | $91.62 | $17,266.50 |
18 | $17,266.50 | $970.51 | $0.00 | $97.63 | $18,334.64 |
19 | $18,334.64 | $970.51 | $0.00 | $103.67 | $19,408.82 |
20 | $19,408.82 | $970.51 | $0.00 | $109.74 | $20,489.07 |
21 | $20,489.07 | $970.51 | $0.00 | $115.85 | $21,575.43 |
22 | $21,575.43 | $970.51 | $0.00 | $121.99 | $22,667.93 |
23 | $22,667.93 | $970.51 | $0.00 | $128.17 | $23,766.61 |
24 | $23,766.61 | $970.51 | $0.00 | $134.38 | $24,871.50 |
25 | $24,871.50 | $970.51 | $0.00 | $140.63 | $25,982.64 |
26 | $25,982.64 | $970.51 | $0.00 | $146.91 | $27,100.06 |
27 | $27,100.06 | $970.51 | $0.00 | $153.23 | $28,223.80 |
28 | $28,223.80 | $970.51 | $0.00 | $159.58 | $29,353.89 |
29 | $29,353.89 | $970.51 | $0.00 | $165.97 | $30,490.37 |
30 | $30,490.37 | $970.51 | $0.00 | $172.40 | $31,633.28 |
31 | $31,633.28 | $970.51 | $0.00 | $178.86 | $32,782.65 |
32 | $32,782.65 | $970.51 | $0.00 | $185.36 | $33,938.52 |
33 | $33,938.52 | $970.51 | $0.00 | $191.89 | $35,100.92 |
34 | $35,100.92 | $970.51 | $0.00 | $198.47 | $36,269.90 |
35 | $36,269.90 | $970.51 | $0.00 | $205.08 | $37,445.49 |
36 | $37,445.49 | $970.51 | $0.00 | $211.72 | $38,627.72 |
37 | $38,627.72 | $970.51 | $0.00 | $218.41 | $39,816.64 |
38 | $39,816.64 | $970.51 | $0.00 | $225.13 | $41,012.28 |
39 | $41,012.28 | $970.51 | $0.00 | $231.89 | $42,214.68 |
40 | $42,214.68 | $970.51 | $0.00 | $238.69 | $43,423.88 |
41 | $43,423.88 | $970.51 | $0.00 | $245.52 | $44,639.91 |
42 | $44,639.91 | $970.51 | $0.00 | $252.40 | $45,862.82 |
43 | $45,862.82 | $970.51 | $0.00 | $259.32 | $47,092.65 |
44 | $47,092.65 | $970.51 | $0.00 | $266.27 | $48,329.43 |
45 | $48,329.43 | $970.51 | $0.00 | $273.26 | $49,573.20 |
46 | $49,573.20 | $970.51 | $0.00 | $280.29 | $50,824.00 |
47 | $50,824.00 | $970.51 | $0.00 | $287.37 | $52,081.88 |
48 | $52,081.88 | $970.51 | $0.00 | $294.48 | $53,346.87 |
49 | $53,346.87 | $970.51 | $0.00 | $301.63 | $54,619.01 |
50 | $54,619.01 | $970.51 | $0.00 | $308.82 | $55,898.34 |
51 | $55,898.34 | $970.51 | $0.00 | $316.06 | $57,184.91 |
52 | $57,184.91 | $970.51 | $0.00 | $323.33 | $58,478.75 |
53 | $58,478.75 | $970.51 | $0.00 | $330.65 | $59,779.91 |
54 | $59,779.91 | $970.51 | $0.00 | $338.00 | $61,088.42 |
55 | $61,088.42 | $970.51 | $0.00 | $345.40 | $62,404.33 |
56 | $62,404.33 | $970.51 | $0.00 | $352.84 | $63,727.68 |
57 | $63,727.68 | $970.51 | $0.00 | $360.33 | $65,058.52 |
58 | $65,058.52 | $970.51 | $0.00 | $367.85 | $66,396.88 |
59 | $66,396.88 | $970.51 | $0.00 | $375.42 | $67,742.81 |
60 | $67,742.81 | $970.51 | $0.00 | $383.03 | $69,096.35 |
61 | $69,096.35 | $970.51 | $0.00 | $390.68 | $70,457.54 |
62 | $70,457.54 | $970.51 | $0.00 | $398.38 | $71,826.43 |
63 | $71,826.43 | $970.51 | $0.00 | $406.12 | $73,203.06 |
64 | $73,203.06 | $970.51 | $0.00 | $413.90 | $74,587.47 |
65 | $74,587.47 | $970.51 | $0.00 | $421.73 | $75,979.71 |
66 | $75,979.71 | $970.51 | $0.00 | $429.60 | $77,379.82 |
67 | $77,379.82 | $970.51 | $0.00 | $437.52 | $78,787.85 |
68 | $78,787.85 | $970.51 | $0.00 | $445.48 | $80,203.84 |
69 | $80,203.84 | $970.51 | $0.00 | $453.48 | $81,627.83 |
70 | $81,627.83 | $970.51 | $0.00 | $461.54 | $83,059.88 |
71 | $83,059.88 | $970.51 | $0.00 | $469.63 | $84,500.02 |
72 | $84,500.02 | $970.51 | $0.00 | $477.78 | $85,948.31 |
73 | $85,948.31 | $970.51 | $0.00 | $485.96 | $87,404.78 |
74 | $87,404.78 | $970.51 | $0.00 | $494.20 | $88,869.49 |
75 | $88,869.49 | $970.51 | $0.00 | $502.48 | $90,342.48 |
76 | $90,342.48 | $970.51 | $0.00 | $510.81 | $91,823.80 |
77 | $91,823.80 | $970.51 | $0.00 | $519.19 | $93,313.50 |
78 | $93,313.50 | $970.51 | $0.00 | $527.61 | $94,811.62 |
79 | $94,811.62 | $970.51 | $0.00 | $536.08 | $96,318.21 |
80 | $96,318.21 | $970.51 | $0.00 | $544.60 | $97,833.32 |
81 | $97,833.32 | $970.51 | $0.00 | $553.16 | $99,356.99 |
82 | $99,356.99 | $970.51 | $0.00 | $561.78 | $100,889.28 |
83 | $100,889.28 | $970.51 | $0.00 | $570.44 | $102,430.23 |
84 | $102,430.23 | $970.51 | $0.00 | $579.16 | $103,979.90 |
85 | $103,979.90 | $970.51 | $0.00 | $587.92 | $105,538.33 |
86 | $105,538.33 | $970.51 | $0.00 | $596.73 | $107,105.57 |
87 | $107,105.57 | $970.51 | $0.00 | $605.59 | $108,681.67 |
88 | $108,681.67 | $970.51 | $0.00 | $614.50 | $110,266.68 |
89 | $110,266.68 | $970.51 | $0.00 | $623.46 | $111,860.65 |
90 | $111,860.65 | $970.51 | $0.00 | $632.48 | $113,463.64 |
91 | $113,463.64 | $970.51 | $0.00 | $641.54 | $115,075.69 |
92 | $115,075.69 | $970.51 | $0.00 | $650.65 | $116,696.85 |
93 | $116,696.85 | $970.51 | $0.00 | $659.82 | $118,327.18 |
94 | $118,327.18 | $970.51 | $0.00 | $669.04 | $119,966.73 |
95 | $119,966.73 | $970.51 | $0.00 | $678.31 | $121,615.55 |
96 | $121,615.55 | $970.51 | $0.00 | $687.63 | $123,273.69 |
97 | $123,273.69 | $970.51 | $0.00 | $697.01 | $124,941.21 |
98 | $124,941.21 | $970.51 | $0.00 | $706.44 | $126,618.16 |
99 | $126,618.16 | $970.51 | $0.00 | $715.92 | $128,304.59 |
100 | $128,304.59 | $970.51 | $0.00 | $725.45 | $130,000.55 |
101 | $130,000.55 | $970.51 | $0.00 | $735.04 | $131,706.10 |
102 | $131,706.10 | $970.51 | $0.00 | $744.69 | $133,421.30 |
103 | $133,421.30 | $970.51 | $0.00 | $754.38 | $135,146.19 |
104 | $135,146.19 | $970.51 | $0.00 | $764.14 | $136,880.84 |
105 | $136,880.84 | $970.51 | $0.00 | $773.94 | $138,625.29 |
106 | $138,625.29 | $970.51 | $0.00 | $783.81 | $140,379.61 |
107 | $140,379.61 | $970.51 | $0.00 | $793.73 | $142,143.85 |
108 | $142,143.85 | $970.51 | $0.00 | $803.70 | $143,918.06 |
109 | $143,918.06 | $970.51 | $0.00 | $813.73 | $145,702.30 |
110 | $145,702.30 | $970.51 | $0.00 | $823.82 | $147,496.63 |
111 | $147,496.63 | $970.51 | $0.00 | $833.97 | $149,301.11 |
112 | $149,301.11 | $970.51 | $0.00 | $844.17 | $151,115.79 |
113 | $151,115.79 | $970.51 | $0.00 | $854.43 | $152,940.73 |
114 | $152,940.73 | $970.51 | $0.00 | $864.75 | $154,775.99 |
115 | $154,775.99 | $970.51 | $0.00 | $875.13 | $156,621.63 |
116 | $156,621.63 | $970.51 | $0.00 | $885.56 | $158,477.70 |
117 | $158,477.70 | $970.51 | $0.00 | $896.06 | $160,344.27 |
118 | $160,344.27 | $970.51 | $0.00 | $906.61 | $162,221.39 |
119 | $162,221.39 | $970.51 | $0.00 | $917.22 | $164,109.12 |
120 | $164,109.12 | $970.51 | $0.00 | $927.90 | $166,007.53 |
121 | $166,007.53 | $970.51 | $0.00 | $938.63 | $167,916.67 |
122 | $167,916.67 | $970.51 | $0.00 | $949.43 | $169,836.61 |
123 | $169,836.61 | $970.51 | $0.00 | $960.28 | $171,767.40 |
124 | $171,767.40 | $970.51 | $0.00 | $971.20 | $173,709.11 |
125 | $173,709.11 | $970.51 | $0.00 | $982.18 | $175,661.80 |
126 | $175,661.80 | $970.51 | $0.00 | $993.22 | $177,625.53 |
127 | $177,625.53 | $970.51 | $0.00 | $1,004.32 | $179,600.36 |
128 | $179,600.36 | $970.51 | $0.00 | $1,015.49 | $181,586.36 |
129 | $181,586.36 | $970.51 | $0.00 | $1,026.72 | $183,583.59 |
130 | $183,583.59 | $970.51 | $0.00 | $1,038.01 | $185,592.11 |
131 | $185,592.11 | $970.51 | $0.00 | $1,049.36 | $187,611.98 |
132 | $187,611.98 | $970.51 | $0.00 | $1,060.79 | $189,643.28 |
133 | $189,643.28 | $970.51 | $0.00 | $1,072.27 | $191,686.06 |
134 | $191,686.06 | $970.51 | $0.00 | $1,083.82 | $193,740.39 |
135 | $193,740.39 | $970.51 | $0.00 | $1,095.44 | $195,806.34 |
136 | $195,806.34 | $970.51 | $0.00 | $1,107.12 | $197,883.97 |
137 | $197,883.97 | $970.51 | $0.00 | $1,118.86 | $199,973.34 |
138 | $199,973.34 | $970.51 | $0.00 | $1,130.68 | $202,074.53 |
139 | $202,074.53 | $970.51 | $0.00 | $1,142.56 | $204,187.60 |
140 | $204,187.60 | $970.51 | $0.00 | $1,154.51 | $206,312.62 |
141 | $206,312.62 | $970.51 | $0.00 | $1,166.52 | $208,449.65 |
142 | $208,449.65 | $970.51 | $0.00 | $1,178.60 | $210,598.76 |
143 | $210,598.76 | $970.51 | $0.00 | $1,190.76 | $212,760.03 |
144 | $212,760.03 | $970.51 | $0.00 | $1,202.98 | $214,933.52 |
145 | $214,933.52 | $970.51 | $0.00 | $1,215.27 | $217,119.30 |
146 | $217,119.30 | $970.51 | $0.00 | $1,227.62 | $219,317.43 |
147 | $219,317.43 | $970.51 | $0.00 | $1,240.05 | $221,527.99 |
148 | $221,527.99 | $970.51 | $0.00 | $1,252.55 | $223,751.05 |
149 | $223,751.05 | $970.51 | $0.00 | $1,265.12 | $225,986.68 |
150 | $225,986.68 | $970.51 | $0.00 | $1,277.76 | $228,234.95 |
151 | $228,234.95 | $970.51 | $0.00 | $1,290.47 | $230,495.93 |
152 | $230,495.93 | $970.51 | $0.00 | $1,303.26 | $232,769.70 |
153 | $232,769.70 | $970.51 | $0.00 | $1,316.11 | $235,056.32 |
154 | $235,056.32 | $970.51 | $0.00 | $1,329.04 | $237,355.87 |
155 | $237,355.87 | $970.51 | $0.00 | $1,342.04 | $239,668.42 |
156 | $239,668.42 | $970.51 | $0.00 | $1,355.12 | $241,994.05 |
157 | $241,994.05 | $970.51 | $0.00 | $1,368.27 | $244,332.83 |
158 | $244,332.83 | $970.51 | $0.00 | $1,381.49 | $246,684.83 |
159 | $246,684.83 | $970.51 | $0.00 | $1,394.79 | $249,050.13 |
160 | $249,050.13 | $970.51 | $0.00 | $1,408.17 | $251,428.81 |
161 | $251,428.81 | $970.51 | $0.00 | $1,421.62 | $253,820.94 |
162 | $253,820.94 | $970.51 | $0.00 | $1,435.14 | $256,226.59 |
163 | $256,226.59 | $970.51 | $0.00 | $1,448.74 | $258,645.84 |
164 | $258,645.84 | $970.51 | $0.00 | $1,462.42 | $261,078.77 |
165 | $261,078.77 | $970.51 | $0.00 | $1,476.18 | $263,525.46 |
166 | $263,525.46 | $970.51 | $0.00 | $1,490.01 | $265,985.98 |
167 | $265,985.98 | $970.51 | $0.00 | $1,503.92 | $268,460.41 |
168 | $268,460.41 | $970.51 | $0.00 | $1,517.91 | $270,948.83 |
169 | $270,948.83 | $970.51 | $0.00 | $1,531.98 | $273,451.32 |
170 | $273,451.32 | $970.51 | $0.00 | $1,546.13 | $275,967.96 |
171 | $275,967.96 | $970.51 | $0.00 | $1,560.36 | $278,498.83 |
172 | $278,498.83 | $970.51 | $0.00 | $1,574.67 | $281,044.01 |
173 | $281,044.01 | $970.51 | $0.00 | $1,589.06 | $283,603.58 |
174 | $283,603.58 | $970.51 | $0.00 | $1,603.54 | $286,177.63 |
175 | $286,177.63 | $970.51 | $0.00 | $1,618.09 | $288,766.23 |
176 | $288,766.23 | $970.51 | $0.00 | $1,632.73 | $291,369.47 |
177 | $291,369.47 | $970.51 | $0.00 | $1,647.45 | $293,987.43 |
178 | $293,987.43 | $970.51 | $0.00 | $1,662.25 | $296,620.19 |
179 | $296,620.19 | $970.51 | $0.00 | $1,677.13 | $299,267.83 |
180 | $299,267.83 | $970.51 | $0.00 | $1,692.10 | $301,930.44 |
181 | $301,930.44 | $970.51 | $0.00 | $1,707.16 | $304,608.11 |
182 | $304,608.11 | $970.51 | $0.00 | $1,722.30 | $307,300.92 |
183 | $307,300.92 | $970.51 | $0.00 | $1,737.52 | $310,008.95 |
184 | $310,008.95 | $970.51 | $0.00 | $1,752.84 | $312,732.30 |
185 | $312,732.30 | $970.51 | $0.00 | $1,768.23 | $315,471.04 |
186 | $315,471.04 | $970.51 | $0.00 | $1,783.72 | $318,225.27 |
187 | $318,225.27 | $970.51 | $0.00 | $1,799.29 | $320,995.07 |
188 | $320,995.07 | $970.51 | $0.00 | $1,814.95 | $323,780.53 |
189 | $323,780.53 | $970.51 | $0.00 | $1,830.70 | $326,581.74 |
190 | $326,581.74 | $970.51 | $0.00 | $1,846.54 | $329,398.79 |
191 | $329,398.79 | $970.51 | $0.00 | $1,862.47 | $332,231.77 |
192 | $332,231.77 | $970.51 | $0.00 | $1,878.49 | $335,080.77 |
193 | $335,080.77 | $970.51 | $0.00 | $1,894.60 | $337,945.88 |
194 | $337,945.88 | $970.51 | $0.00 | $1,910.80 | $340,827.19 |
195 | $340,827.19 | $970.51 | $0.00 | $1,927.09 | $343,724.79 |
196 | $343,724.79 | $970.51 | $0.00 | $1,943.47 | $346,638.77 |
197 | $346,638.77 | $970.51 | $0.00 | $1,959.95 | $349,569.23 |
198 | $349,569.23 | $970.51 | $0.00 | $1,976.52 | $352,516.26 |
199 | $352,516.26 | $970.51 | $0.00 | $1,993.18 | $355,479.95 |
200 | $355,479.95 | $970.51 | $0.00 | $2,009.94 | $358,460.40 |
201 | $358,460.40 | $970.51 | $0.00 | $2,026.79 | $361,457.70 |
202 | $361,457.70 | $970.51 | $0.00 | $2,043.73 | $364,471.94 |
203 | $364,471.94 | $970.51 | $0.00 | $2,060.78 | $367,503.23 |
204 | $367,503.23 | $970.51 | $0.00 | $2,077.92 | $370,551.66 |
205 | $370,551.66 | $970.51 | $0.00 | $2,095.15 | $373,617.32 |
206 | $373,617.32 | $970.51 | $0.00 | $2,112.49 | $376,700.32 |
207 | $376,700.32 | $970.51 | $0.00 | $2,129.92 | $379,800.75 |
208 | $379,800.75 | $970.51 | $0.00 | $2,147.45 | $382,918.71 |
209 | $382,918.71 | $970.51 | $0.00 | $2,165.08 | $386,054.30 |
210 | $386,054.30 | $970.51 | $0.00 | $2,182.81 | $389,207.62 |
211 | $389,207.62 | $970.51 | $0.00 | $2,200.64 | $392,378.77 |
212 | $392,378.77 | $970.51 | $0.00 | $2,218.57 | $395,567.85 |
213 | $395,567.85 | $970.51 | $0.00 | $2,236.60 | $398,774.96 |
214 | $398,774.96 | $970.51 | $0.00 | $2,254.73 | $402,000.20 |
215 | $402,000.20 | $970.51 | $0.00 | $2,272.97 | $405,243.68 |
216 | $405,243.68 | $970.51 | $0.00 | $2,291.31 | $408,505.50 |
217 | $408,505.50 | $970.51 | $110,631.94 | $2,309.75 | $301,153.82 |
218 | $301,153.82 | $970.51 | $0.00 | $1,702.77 | $303,827.10 |
219 | $303,827.10 | $970.51 | $0.00 | $1,717.88 | $306,515.49 |
220 | $306,515.49 | $970.51 | $0.00 | $1,733.08 | $309,219.08 |
221 | $309,219.08 | $970.51 | $0.00 | $1,748.37 | $311,937.96 |
222 | $311,937.96 | $970.51 | $0.00 | $1,763.74 | $314,672.21 |
223 | $314,672.21 | $970.51 | $0.00 | $1,779.20 | $317,421.92 |
224 | $317,421.92 | $970.51 | $0.00 | $1,794.75 | $320,187.18 |
225 | $320,187.18 | $970.51 | $0.00 | $1,810.38 | $322,968.07 |
226 | $322,968.07 | $970.51 | $0.00 | $1,826.11 | $325,764.69 |
227 | $325,764.69 | $970.51 | $0.00 | $1,841.92 | $328,577.12 |
228 | $328,577.12 | $970.51 | $0.00 | $1,857.82 | $331,405.45 |
229 | $331,405.45 | $970.51 | $118,376.18 | $1,873.81 | $215,873.59 |
230 | $215,873.59 | $970.51 | $0.00 | $1,220.58 | $218,064.68 |
231 | $218,064.68 | $970.51 | $0.00 | $1,232.97 | $220,268.16 |
232 | $220,268.16 | $970.51 | $0.00 | $1,245.43 | $222,484.10 |
233 | $222,484.10 | $970.51 | $0.00 | $1,257.96 | $224,712.57 |
234 | $224,712.57 | $970.51 | $0.00 | $1,270.56 | $226,953.64 |
235 | $226,953.64 | $970.51 | $0.00 | $1,283.23 | $229,207.38 |
236 | $229,207.38 | $970.51 | $0.00 | $1,295.97 | $231,473.86 |
237 | $231,473.86 | $970.51 | $0.00 | $1,308.79 | $233,753.16 |
238 | $233,753.16 | $970.51 | $0.00 | $1,321.67 | $236,045.34 |
239 | $236,045.34 | $970.51 | $0.00 | $1,334.63 | $238,350.48 |
240 | $238,350.48 | $970.51 | $0.00 | $1,347.67 | $240,668.66 |
241 | $240,668.66 | $970.51 | $126,662.51 | $1,360.78 | $116,337.44 |
242 | $116,337.44 | $970.51 | $0.00 | $657.79 | $117,965.74 |
243 | $117,965.74 | $970.51 | $0.00 | $667.00 | $119,603.25 |
244 | $119,603.25 | $970.51 | $0.00 | $676.25 | $121,250.01 |
245 | $121,250.01 | $970.51 | $0.00 | $685.57 | $122,906.09 |
246 | $122,906.09 | $970.51 | $0.00 | $694.93 | $124,571.53 |
247 | $124,571.53 | $970.51 | $0.00 | $704.35 | $126,246.39 |
248 | $126,246.39 | $970.51 | $0.00 | $713.82 | $127,930.72 |
249 | $127,930.72 | $970.51 | $0.00 | $723.34 | $129,624.57 |
250 | $129,624.57 | $970.51 | $0.00 | $732.92 | $131,328.00 |
251 | $131,328.00 | $970.51 | $0.00 | $742.55 | $133,041.06 |
252 | $133,041.06 | $970.51 | $0.00 | $752.23 | $134,763.80 |
253 | $134,763.80 | $0.00 | $135,528.89 | $761.97 | -$3.12 |