Quantcast

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2037$64,926
Monthly savings required$514

How much will it cost to send your child to University of Toledo in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $259,704.54 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $513.95 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.

Assumptions

Current Annual Cost$25,037.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford University of Toledo in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $513.95 $0.00 $0.00 $513.95
2 $513.95 $513.95 $0.00 $2.91 $1,030.81
3 $1,030.81 $513.95 $0.00 $5.83 $1,550.59
4 $1,550.59 $513.95 $0.00 $8.77 $2,073.31
5 $2,073.31 $513.95 $0.00 $11.72 $2,598.98
6 $2,598.98 $513.95 $0.00 $14.70 $3,127.63
7 $3,127.63 $513.95 $0.00 $17.68 $3,659.26
8 $3,659.26 $513.95 $0.00 $20.69 $4,193.90
9 $4,193.90 $513.95 $0.00 $23.71 $4,731.56
10 $4,731.56 $513.95 $0.00 $26.75 $5,272.26
11 $5,272.26 $513.95 $0.00 $29.81 $5,816.02
12 $5,816.02 $513.95 $0.00 $32.88 $6,362.85
13 $6,362.85 $513.95 $0.00 $35.98 $6,912.78
14 $6,912.78 $513.95 $0.00 $39.09 $7,465.82
15 $7,465.82 $513.95 $0.00 $42.21 $8,021.98
16 $8,021.98 $513.95 $0.00 $45.36 $8,581.29
17 $8,581.29 $513.95 $0.00 $48.52 $9,143.76
18 $9,143.76 $513.95 $0.00 $51.70 $9,709.41
19 $9,709.41 $513.95 $0.00 $54.90 $10,278.26
20 $10,278.26 $513.95 $0.00 $58.11 $10,850.32
21 $10,850.32 $513.95 $0.00 $61.35 $11,425.62
22 $11,425.62 $513.95 $0.00 $64.60 $12,004.17
23 $12,004.17 $513.95 $0.00 $67.87 $12,585.99
24 $12,585.99 $513.95 $0.00 $71.16 $13,171.10
25 $13,171.10 $513.95 $0.00 $74.47 $13,759.52
26 $13,759.52 $513.95 $0.00 $77.80 $14,351.27
27 $14,351.27 $513.95 $0.00 $81.14 $14,946.36
28 $14,946.36 $513.95 $0.00 $84.51 $15,544.82
29 $15,544.82 $513.95 $0.00 $87.89 $16,146.66
30 $16,146.66 $513.95 $0.00 $91.30 $16,751.91
31 $16,751.91 $513.95 $0.00 $94.72 $17,360.58
32 $17,360.58 $513.95 $0.00 $98.16 $17,972.69
33 $17,972.69 $513.95 $0.00 $101.62 $18,588.26
34 $18,588.26 $513.95 $0.00 $105.10 $19,207.31
35 $19,207.31 $513.95 $0.00 $108.60 $19,829.86
36 $19,829.86 $513.95 $0.00 $112.12 $20,455.93
37 $20,455.93 $513.95 $0.00 $115.66 $21,085.54
38 $21,085.54 $513.95 $0.00 $119.22 $21,718.71
39 $21,718.71 $513.95 $0.00 $122.80 $22,355.46
40 $22,355.46 $513.95 $0.00 $126.40 $22,995.81
41 $22,995.81 $513.95 $0.00 $130.02 $23,639.78
42 $23,639.78 $513.95 $0.00 $133.66 $24,287.39
43 $24,287.39 $513.95 $0.00 $137.32 $24,938.66
44 $24,938.66 $513.95 $0.00 $141.01 $25,593.62
45 $25,593.62 $513.95 $0.00 $144.71 $26,252.28
46 $26,252.28 $513.95 $0.00 $148.43 $26,914.66
47 $26,914.66 $513.95 $0.00 $152.18 $27,580.79
48 $27,580.79 $513.95 $0.00 $155.95 $28,250.69
49 $28,250.69 $513.95 $0.00 $159.73 $28,924.37
50 $28,924.37 $513.95 $0.00 $163.54 $29,601.86
51 $29,601.86 $513.95 $0.00 $167.37 $30,283.18
52 $30,283.18 $513.95 $0.00 $171.23 $30,968.36
53 $30,968.36 $513.95 $0.00 $175.10 $31,657.41
54 $31,657.41 $513.95 $0.00 $179.00 $32,350.36
55 $32,350.36 $513.95 $0.00 $182.91 $33,047.22
56 $33,047.22 $513.95 $0.00 $186.85 $33,748.02
57 $33,748.02 $513.95 $0.00 $190.82 $34,452.79
58 $34,452.79 $513.95 $0.00 $194.80 $35,161.54
59 $35,161.54 $513.95 $0.00 $198.81 $35,874.30
60 $35,874.30 $513.95 $0.00 $202.84 $36,591.09
61 $36,591.09 $513.95 $0.00 $206.89 $37,311.93
62 $37,311.93 $513.95 $0.00 $210.97 $38,036.85
63 $38,036.85 $513.95 $0.00 $215.07 $38,765.87
64 $38,765.87 $513.95 $0.00 $219.19 $39,499.01
65 $39,499.01 $513.95 $0.00 $223.33 $40,236.29
66 $40,236.29 $513.95 $0.00 $227.50 $40,977.74
67 $40,977.74 $513.95 $0.00 $231.69 $41,723.38
68 $41,723.38 $513.95 $0.00 $235.91 $42,473.24
69 $42,473.24 $513.95 $0.00 $240.15 $43,227.34
70 $43,227.34 $513.95 $0.00 $244.41 $43,985.70
71 $43,985.70 $513.95 $0.00 $248.70 $44,748.35
72 $44,748.35 $513.95 $0.00 $253.01 $45,515.31
73 $45,515.31 $513.95 $0.00 $257.35 $46,286.61
74 $46,286.61 $513.95 $0.00 $261.71 $47,062.27
75 $47,062.27 $513.95 $0.00 $266.10 $47,842.32
76 $47,842.32 $513.95 $0.00 $270.51 $48,626.78
77 $48,626.78 $513.95 $0.00 $274.94 $49,415.67
78 $49,415.67 $513.95 $0.00 $279.40 $50,209.02
79 $50,209.02 $513.95 $0.00 $283.89 $51,006.86
80 $51,006.86 $513.95 $0.00 $288.40 $51,809.21
81 $51,809.21 $513.95 $0.00 $292.94 $52,616.10
82 $52,616.10 $513.95 $0.00 $297.50 $53,427.55
83 $53,427.55 $513.95 $0.00 $302.09 $54,243.59
84 $54,243.59 $513.95 $0.00 $306.70 $55,064.24
85 $55,064.24 $513.95 $0.00 $311.34 $55,889.53
86 $55,889.53 $513.95 $0.00 $316.01 $56,719.49
87 $56,719.49 $513.95 $0.00 $320.70 $57,554.14
88 $57,554.14 $513.95 $0.00 $325.42 $58,393.51
89 $58,393.51 $513.95 $0.00 $330.17 $59,237.63
90 $59,237.63 $513.95 $0.00 $334.94 $60,086.52
91 $60,086.52 $513.95 $0.00 $339.74 $60,940.21
92 $60,940.21 $513.95 $0.00 $344.56 $61,798.72
93 $61,798.72 $513.95 $0.00 $349.42 $62,662.09
94 $62,662.09 $513.95 $0.00 $354.30 $63,530.34
95 $63,530.34 $513.95 $0.00 $359.21 $64,403.50
96 $64,403.50 $513.95 $0.00 $364.15 $65,281.60
97 $65,281.60 $513.95 $0.00 $369.11 $66,164.66
98 $66,164.66 $513.95 $0.00 $374.10 $67,052.71
99 $67,052.71 $513.95 $0.00 $379.13 $67,945.79
100 $67,945.79 $513.95 $0.00 $384.18 $68,843.92
101 $68,843.92 $513.95 $0.00 $389.25 $69,747.12
102 $69,747.12 $513.95 $0.00 $394.36 $70,655.43
103 $70,655.43 $513.95 $0.00 $399.50 $71,568.88
104 $71,568.88 $513.95 $0.00 $404.66 $72,487.49
105 $72,487.49 $513.95 $0.00 $409.85 $73,411.29
106 $73,411.29 $513.95 $0.00 $415.08 $74,340.32
107 $74,340.32 $513.95 $0.00 $420.33 $75,274.60
108 $75,274.60 $513.95 $0.00 $425.61 $76,214.16
109 $76,214.16 $513.95 $0.00 $430.93 $77,159.04
110 $77,159.04 $513.95 $0.00 $436.27 $78,109.26
111 $78,109.26 $513.95 $0.00 $441.64 $79,064.85
112 $79,064.85 $513.95 $0.00 $447.04 $80,025.84
113 $80,025.84 $513.95 $0.00 $452.48 $80,992.27
114 $80,992.27 $513.95 $0.00 $457.94 $81,964.16
115 $81,964.16 $513.95 $0.00 $463.44 $82,941.55
116 $82,941.55 $513.95 $0.00 $468.96 $83,924.46
117 $83,924.46 $513.95 $0.00 $474.52 $84,912.93
118 $84,912.93 $513.95 $0.00 $480.11 $85,906.99
119 $85,906.99 $513.95 $0.00 $485.73 $86,906.67
120 $86,906.67 $513.95 $0.00 $491.38 $87,912.00
121 $87,912.00 $513.95 $0.00 $497.07 $88,923.02
122 $88,923.02 $513.95 $0.00 $502.78 $89,939.75
123 $89,939.75 $513.95 $0.00 $508.53 $90,962.23
124 $90,962.23 $513.95 $0.00 $514.31 $91,990.49
125 $91,990.49 $513.95 $0.00 $520.13 $93,024.57
126 $93,024.57 $513.95 $0.00 $525.97 $94,064.49
127 $94,064.49 $513.95 $0.00 $531.85 $95,110.29
128 $95,110.29 $513.95 $0.00 $537.77 $96,162.01
129 $96,162.01 $513.95 $0.00 $543.71 $97,219.67
130 $97,219.67 $513.95 $0.00 $549.69 $98,283.31
131 $98,283.31 $513.95 $0.00 $555.71 $99,352.97
132 $99,352.97 $513.95 $0.00 $561.76 $100,428.68
133 $100,428.68 $513.95 $0.00 $567.84 $101,510.47
134 $101,510.47 $513.95 $0.00 $573.95 $102,598.37
135 $102,598.37 $513.95 $0.00 $580.11 $103,692.43
136 $103,692.43 $513.95 $0.00 $586.29 $104,792.67
137 $104,792.67 $513.95 $0.00 $592.51 $105,899.13
138 $105,899.13 $513.95 $0.00 $598.77 $107,011.85
139 $107,011.85 $513.95 $0.00 $605.06 $108,130.86
140 $108,130.86 $513.95 $0.00 $611.39 $109,256.20
141 $109,256.20 $513.95 $0.00 $617.75 $110,387.90
142 $110,387.90 $513.95 $0.00 $624.15 $111,526.00
143 $111,526.00 $513.95 $0.00 $630.58 $112,670.53
144 $112,670.53 $513.95 $0.00 $637.06 $113,821.54
145 $113,821.54 $513.95 $0.00 $643.56 $114,979.05
146 $114,979.05 $513.95 $0.00 $650.11 $116,143.11
147 $116,143.11 $513.95 $0.00 $656.69 $117,313.75
148 $117,313.75 $513.95 $0.00 $663.31 $118,491.01
149 $118,491.01 $513.95 $0.00 $669.97 $119,674.93
150 $119,674.93 $513.95 $0.00 $676.66 $120,865.54
151 $120,865.54 $513.95 $0.00 $683.39 $122,062.88
152 $122,062.88 $513.95 $0.00 $690.16 $123,266.99
153 $123,266.99 $513.95 $0.00 $696.97 $124,477.91
154 $124,477.91 $513.95 $0.00 $703.82 $125,695.68
155 $125,695.68 $513.95 $0.00 $710.70 $126,920.33
156 $126,920.33 $513.95 $0.00 $717.63 $128,151.91
157 $128,151.91 $513.95 $0.00 $724.59 $129,390.45
158 $129,390.45 $513.95 $0.00 $731.59 $130,635.99
159 $130,635.99 $513.95 $0.00 $738.63 $131,888.57
160 $131,888.57 $513.95 $0.00 $745.72 $133,148.24
161 $133,148.24 $513.95 $0.00 $752.84 $134,415.03
162 $134,415.03 $513.95 $0.00 $760.00 $135,688.98
163 $135,688.98 $513.95 $0.00 $767.21 $136,970.14
164 $136,970.14 $513.95 $0.00 $774.45 $138,258.54
165 $138,258.54 $513.95 $0.00 $781.73 $139,554.22
166 $139,554.22 $513.95 $0.00 $789.06 $140,857.23
167 $140,857.23 $513.95 $0.00 $796.43 $142,167.61
168 $142,167.61 $513.95 $0.00 $803.84 $143,485.40
169 $143,485.40 $513.95 $0.00 $811.29 $144,810.64
170 $144,810.64 $513.95 $0.00 $818.78 $146,143.37
171 $146,143.37 $513.95 $0.00 $826.32 $147,483.64
172 $147,483.64 $513.95 $0.00 $833.89 $148,831.48
173 $148,831.48 $513.95 $0.00 $841.51 $150,186.94
174 $150,186.94 $513.95 $0.00 $849.18 $151,550.07
175 $151,550.07 $513.95 $0.00 $856.89 $152,920.91
176 $152,920.91 $513.95 $0.00 $864.64 $154,299.50
177 $154,299.50 $513.95 $0.00 $872.43 $155,685.88
178 $155,685.88 $513.95 $0.00 $880.27 $157,080.10
179 $157,080.10 $513.95 $0.00 $888.15 $158,482.20
180 $158,482.20 $513.95 $0.00 $896.08 $159,892.23
181 $159,892.23 $513.95 $0.00 $904.05 $161,310.23
182 $161,310.23 $513.95 $0.00 $912.07 $162,736.25
183 $162,736.25 $513.95 $0.00 $920.13 $164,170.33
184 $164,170.33 $513.95 $0.00 $928.24 $165,612.52
185 $165,612.52 $513.95 $0.00 $936.40 $167,062.87
186 $167,062.87 $513.95 $0.00 $944.60 $168,521.42
187 $168,521.42 $513.95 $0.00 $952.84 $169,988.21
188 $169,988.21 $513.95 $0.00 $961.14 $171,463.30
189 $171,463.30 $513.95 $0.00 $969.48 $172,946.73
190 $172,946.73 $513.95 $0.00 $977.87 $174,438.55
191 $174,438.55 $513.95 $0.00 $986.30 $175,938.80
192 $175,938.80 $513.95 $0.00 $994.78 $177,447.53
193 $177,447.53 $513.95 $0.00 $1,003.31 $178,964.79
194 $178,964.79 $513.95 $0.00 $1,011.89 $180,490.63
195 $180,490.63 $513.95 $0.00 $1,020.52 $182,025.10
196 $182,025.10 $513.95 $0.00 $1,029.20 $183,568.25
197 $183,568.25 $513.95 $0.00 $1,037.92 $185,120.12
198 $185,120.12 $513.95 $0.00 $1,046.70 $186,680.77
199 $186,680.77 $513.95 $0.00 $1,055.52 $188,250.24
200 $188,250.24 $513.95 $0.00 $1,064.39 $189,828.58
201 $189,828.58 $513.95 $0.00 $1,073.32 $191,415.85
202 $191,415.85 $513.95 $0.00 $1,082.29 $193,012.09
203 $193,012.09 $513.95 $0.00 $1,091.32 $194,617.36
204 $194,617.36 $513.95 $0.00 $1,100.39 $196,231.70
205 $196,231.70 $513.95 $0.00 $1,109.52 $197,855.17
206 $197,855.17 $513.95 $0.00 $1,118.70 $199,487.82
207 $199,487.82 $513.95 $0.00 $1,127.93 $201,129.70
208 $201,129.70 $513.95 $0.00 $1,137.22 $202,780.87
209 $202,780.87 $513.95 $0.00 $1,146.55 $204,441.37
210 $204,441.37 $513.95 $0.00 $1,155.94 $206,111.26
211 $206,111.26 $513.95 $0.00 $1,165.38 $207,790.59
212 $207,790.59 $513.95 $0.00 $1,174.88 $209,479.42
213 $209,479.42 $513.95 $0.00 $1,184.43 $211,177.80
214 $211,177.80 $513.95 $0.00 $1,194.03 $212,885.78
215 $212,885.78 $513.95 $0.00 $1,203.69 $214,603.42
216 $214,603.42 $513.95 $0.00 $1,213.40 $216,330.77
217 $216,330.77 $513.95 $60,254.53 $1,223.17 $157,813.36
218 $157,813.36 $513.95 $0.00 $892.30 $159,219.61
219 $159,219.61 $513.95 $0.00 $900.25 $160,633.81
220 $160,633.81 $513.95 $0.00 $908.25 $162,056.01
221 $162,056.01 $513.95 $0.00 $916.29 $163,486.25
222 $163,486.25 $513.95 $0.00 $924.38 $164,924.58
223 $164,924.58 $513.95 $0.00 $932.51 $166,371.04
224 $166,371.04 $513.95 $0.00 $940.69 $167,825.68
225 $167,825.68 $513.95 $0.00 $948.91 $169,288.54
226 $169,288.54 $513.95 $0.00 $957.18 $170,759.67
227 $170,759.67 $513.95 $0.00 $965.50 $172,239.12
228 $172,239.12 $513.95 $0.00 $973.87 $173,726.94
229 $173,726.94 $513.95 $63,267.25 $982.28 $111,955.92
230 $111,955.92 $513.95 $0.00 $633.02 $113,102.89
231 $113,102.89 $513.95 $0.00 $639.50 $114,256.34
232 $114,256.34 $513.95 $0.00 $646.02 $115,416.31
233 $115,416.31 $513.95 $0.00 $652.58 $116,582.84
234 $116,582.84 $513.95 $0.00 $659.18 $117,755.97
235 $117,755.97 $513.95 $0.00 $665.81 $118,935.73
236 $118,935.73 $513.95 $0.00 $672.48 $120,122.16
237 $120,122.16 $513.95 $0.00 $679.19 $121,315.30
238 $121,315.30 $513.95 $0.00 $685.93 $122,515.18
239 $122,515.18 $513.95 $0.00 $692.72 $123,721.85
240 $123,721.85 $513.95 $0.00 $699.54 $124,935.34
241 $124,935.34 $513.95 $66,430.61 $706.40 $59,725.08
242 $59,725.08 $513.95 $0.00 $337.69 $60,576.72
243 $60,576.72 $513.95 $0.00 $342.51 $61,433.18
244 $61,433.18 $513.95 $0.00 $347.35 $62,294.48
245 $62,294.48 $513.95 $0.00 $352.22 $63,160.65
246 $63,160.65 $513.95 $0.00 $357.12 $64,031.72
247 $64,031.72 $513.95 $0.00 $362.04 $64,907.71
248 $64,907.71 $513.95 $0.00 $367.00 $65,788.66
249 $65,788.66 $513.95 $0.00 $371.98 $66,674.59
250 $66,674.59 $513.95 $0.00 $376.99 $67,565.53
251 $67,565.53 $513.95 $0.00 $382.03 $68,461.51
252 $68,461.51 $513.95 $0.00 $387.09 $69,362.55
253 $69,362.55 $0.00 $69,752.15 $392.19 $2.59