Estimated Annual Cost in 2042 | $123,790 |
Monthly savings required | $978 |
How much will it cost to send your child to Longwood University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $495,161.29 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $978.35 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 | $32,996.00 |
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 Longwood University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $978.35 | $0.00 | $0.00 | $978.35 |
2 | $978.35 | $978.35 | $0.00 | $5.53 | $1,962.23 |
3 | $1,962.23 | $978.35 | $0.00 | $11.09 | $2,951.67 |
4 | $2,951.67 | $978.35 | $0.00 | $16.69 | $3,946.71 |
5 | $3,946.71 | $978.35 | $0.00 | $22.32 | $4,947.38 |
6 | $4,947.38 | $978.35 | $0.00 | $27.97 | $5,953.70 |
7 | $5,953.70 | $978.35 | $0.00 | $33.66 | $6,965.71 |
8 | $6,965.71 | $978.35 | $0.00 | $39.39 | $7,983.45 |
9 | $7,983.45 | $978.35 | $0.00 | $45.14 | $9,006.94 |
10 | $9,006.94 | $978.35 | $0.00 | $50.93 | $10,036.22 |
11 | $10,036.22 | $978.35 | $0.00 | $56.75 | $11,071.32 |
12 | $11,071.32 | $978.35 | $0.00 | $62.60 | $12,112.27 |
13 | $12,112.27 | $978.35 | $0.00 | $68.48 | $13,159.10 |
14 | $13,159.10 | $978.35 | $0.00 | $74.40 | $14,211.85 |
15 | $14,211.85 | $978.35 | $0.00 | $80.36 | $15,270.56 |
16 | $15,270.56 | $978.35 | $0.00 | $86.34 | $16,335.25 |
17 | $16,335.25 | $978.35 | $0.00 | $92.36 | $17,405.96 |
18 | $17,405.96 | $978.35 | $0.00 | $98.42 | $18,482.73 |
19 | $18,482.73 | $978.35 | $0.00 | $104.50 | $19,565.58 |
20 | $19,565.58 | $978.35 | $0.00 | $110.63 | $20,654.56 |
21 | $20,654.56 | $978.35 | $0.00 | $116.78 | $21,749.69 |
22 | $21,749.69 | $978.35 | $0.00 | $122.98 | $22,851.02 |
23 | $22,851.02 | $978.35 | $0.00 | $129.20 | $23,958.57 |
24 | $23,958.57 | $978.35 | $0.00 | $135.47 | $25,072.39 |
25 | $25,072.39 | $978.35 | $0.00 | $141.76 | $26,192.50 |
26 | $26,192.50 | $978.35 | $0.00 | $148.10 | $27,318.95 |
27 | $27,318.95 | $978.35 | $0.00 | $154.47 | $28,451.77 |
28 | $28,451.77 | $978.35 | $0.00 | $160.87 | $29,590.99 |
29 | $29,590.99 | $978.35 | $0.00 | $167.31 | $30,736.65 |
30 | $30,736.65 | $978.35 | $0.00 | $173.79 | $31,888.79 |
31 | $31,888.79 | $978.35 | $0.00 | $180.30 | $33,047.44 |
32 | $33,047.44 | $978.35 | $0.00 | $186.86 | $34,212.65 |
33 | $34,212.65 | $978.35 | $0.00 | $193.44 | $35,384.44 |
34 | $35,384.44 | $978.35 | $0.00 | $200.07 | $36,562.86 |
35 | $36,562.86 | $978.35 | $0.00 | $206.73 | $37,747.94 |
36 | $37,747.94 | $978.35 | $0.00 | $213.43 | $38,939.72 |
37 | $38,939.72 | $978.35 | $0.00 | $220.17 | $40,138.24 |
38 | $40,138.24 | $978.35 | $0.00 | $226.95 | $41,343.54 |
39 | $41,343.54 | $978.35 | $0.00 | $233.76 | $42,555.65 |
40 | $42,555.65 | $978.35 | $0.00 | $240.62 | $43,774.62 |
41 | $43,774.62 | $978.35 | $0.00 | $247.51 | $45,000.48 |
42 | $45,000.48 | $978.35 | $0.00 | $254.44 | $46,233.27 |
43 | $46,233.27 | $978.35 | $0.00 | $261.41 | $47,473.03 |
44 | $47,473.03 | $978.35 | $0.00 | $268.42 | $48,719.80 |
45 | $48,719.80 | $978.35 | $0.00 | $275.47 | $49,973.62 |
46 | $49,973.62 | $978.35 | $0.00 | $282.56 | $51,234.53 |
47 | $51,234.53 | $978.35 | $0.00 | $289.69 | $52,502.57 |
48 | $52,502.57 | $978.35 | $0.00 | $296.86 | $53,777.78 |
49 | $53,777.78 | $978.35 | $0.00 | $304.07 | $55,060.20 |
50 | $55,060.20 | $978.35 | $0.00 | $311.32 | $56,349.87 |
51 | $56,349.87 | $978.35 | $0.00 | $318.61 | $57,646.83 |
52 | $57,646.83 | $978.35 | $0.00 | $325.94 | $58,951.12 |
53 | $58,951.12 | $978.35 | $0.00 | $333.32 | $60,262.79 |
54 | $60,262.79 | $978.35 | $0.00 | $340.73 | $61,581.87 |
55 | $61,581.87 | $978.35 | $0.00 | $348.19 | $62,908.41 |
56 | $62,908.41 | $978.35 | $0.00 | $355.69 | $64,242.45 |
57 | $64,242.45 | $978.35 | $0.00 | $363.24 | $65,584.04 |
58 | $65,584.04 | $978.35 | $0.00 | $370.82 | $66,933.21 |
59 | $66,933.21 | $978.35 | $0.00 | $378.45 | $68,290.01 |
60 | $68,290.01 | $978.35 | $0.00 | $386.12 | $69,654.48 |
61 | $69,654.48 | $978.35 | $0.00 | $393.84 | $71,026.67 |
62 | $71,026.67 | $978.35 | $0.00 | $401.60 | $72,406.62 |
63 | $72,406.62 | $978.35 | $0.00 | $409.40 | $73,794.37 |
64 | $73,794.37 | $978.35 | $0.00 | $417.24 | $75,189.96 |
65 | $75,189.96 | $978.35 | $0.00 | $425.13 | $76,593.44 |
66 | $76,593.44 | $978.35 | $0.00 | $433.07 | $78,004.86 |
67 | $78,004.86 | $978.35 | $0.00 | $441.05 | $79,424.26 |
68 | $79,424.26 | $978.35 | $0.00 | $449.08 | $80,851.69 |
69 | $80,851.69 | $978.35 | $0.00 | $457.15 | $82,287.19 |
70 | $82,287.19 | $978.35 | $0.00 | $465.26 | $83,730.80 |
71 | $83,730.80 | $978.35 | $0.00 | $473.43 | $85,182.58 |
72 | $85,182.58 | $978.35 | $0.00 | $481.63 | $86,642.56 |
73 | $86,642.56 | $978.35 | $0.00 | $489.89 | $88,110.80 |
74 | $88,110.80 | $978.35 | $0.00 | $498.19 | $89,587.34 |
75 | $89,587.34 | $978.35 | $0.00 | $506.54 | $91,072.23 |
76 | $91,072.23 | $978.35 | $0.00 | $514.94 | $92,565.52 |
77 | $92,565.52 | $978.35 | $0.00 | $523.38 | $94,067.25 |
78 | $94,067.25 | $978.35 | $0.00 | $531.87 | $95,577.47 |
79 | $95,577.47 | $978.35 | $0.00 | $540.41 | $97,096.23 |
80 | $97,096.23 | $978.35 | $0.00 | $549.00 | $98,623.58 |
81 | $98,623.58 | $978.35 | $0.00 | $557.63 | $100,159.56 |
82 | $100,159.56 | $978.35 | $0.00 | $566.32 | $101,704.23 |
83 | $101,704.23 | $978.35 | $0.00 | $575.05 | $103,257.63 |
84 | $103,257.63 | $978.35 | $0.00 | $583.83 | $104,819.81 |
85 | $104,819.81 | $978.35 | $0.00 | $592.67 | $106,390.83 |
86 | $106,390.83 | $978.35 | $0.00 | $601.55 | $107,970.73 |
87 | $107,970.73 | $978.35 | $0.00 | $610.48 | $109,559.56 |
88 | $109,559.56 | $978.35 | $0.00 | $619.47 | $111,157.38 |
89 | $111,157.38 | $978.35 | $0.00 | $628.50 | $112,764.23 |
90 | $112,764.23 | $978.35 | $0.00 | $637.59 | $114,380.17 |
91 | $114,380.17 | $978.35 | $0.00 | $646.72 | $116,005.24 |
92 | $116,005.24 | $978.35 | $0.00 | $655.91 | $117,639.50 |
93 | $117,639.50 | $978.35 | $0.00 | $665.15 | $119,283.00 |
94 | $119,283.00 | $978.35 | $0.00 | $674.44 | $120,935.79 |
95 | $120,935.79 | $978.35 | $0.00 | $683.79 | $122,597.93 |
96 | $122,597.93 | $978.35 | $0.00 | $693.19 | $124,269.47 |
97 | $124,269.47 | $978.35 | $0.00 | $702.64 | $125,950.46 |
98 | $125,950.46 | $978.35 | $0.00 | $712.14 | $127,640.95 |
99 | $127,640.95 | $978.35 | $0.00 | $721.70 | $129,341.00 |
100 | $129,341.00 | $978.35 | $0.00 | $731.31 | $131,050.66 |
101 | $131,050.66 | $978.35 | $0.00 | $740.98 | $132,769.99 |
102 | $132,769.99 | $978.35 | $0.00 | $750.70 | $134,499.04 |
103 | $134,499.04 | $978.35 | $0.00 | $760.48 | $136,237.87 |
104 | $136,237.87 | $978.35 | $0.00 | $770.31 | $137,986.53 |
105 | $137,986.53 | $978.35 | $0.00 | $780.20 | $139,745.08 |
106 | $139,745.08 | $978.35 | $0.00 | $790.14 | $141,513.57 |
107 | $141,513.57 | $978.35 | $0.00 | $800.14 | $143,292.06 |
108 | $143,292.06 | $978.35 | $0.00 | $810.19 | $145,080.60 |
109 | $145,080.60 | $978.35 | $0.00 | $820.31 | $146,879.26 |
110 | $146,879.26 | $978.35 | $0.00 | $830.48 | $148,688.09 |
111 | $148,688.09 | $978.35 | $0.00 | $840.70 | $150,507.14 |
112 | $150,507.14 | $978.35 | $0.00 | $850.99 | $152,336.48 |
113 | $152,336.48 | $978.35 | $0.00 | $861.33 | $154,176.16 |
114 | $154,176.16 | $978.35 | $0.00 | $871.73 | $156,026.24 |
115 | $156,026.24 | $978.35 | $0.00 | $882.20 | $157,886.79 |
116 | $157,886.79 | $978.35 | $0.00 | $892.71 | $159,757.85 |
117 | $159,757.85 | $978.35 | $0.00 | $903.29 | $161,639.49 |
118 | $161,639.49 | $978.35 | $0.00 | $913.93 | $163,531.77 |
119 | $163,531.77 | $978.35 | $0.00 | $924.63 | $165,434.75 |
120 | $165,434.75 | $978.35 | $0.00 | $935.39 | $167,348.49 |
121 | $167,348.49 | $978.35 | $0.00 | $946.21 | $169,273.05 |
122 | $169,273.05 | $978.35 | $0.00 | $957.09 | $171,208.49 |
123 | $171,208.49 | $978.35 | $0.00 | $968.04 | $173,154.88 |
124 | $173,154.88 | $978.35 | $0.00 | $979.04 | $175,112.27 |
125 | $175,112.27 | $978.35 | $0.00 | $990.11 | $177,080.73 |
126 | $177,080.73 | $978.35 | $0.00 | $1,001.24 | $179,060.32 |
127 | $179,060.32 | $978.35 | $0.00 | $1,012.43 | $181,051.10 |
128 | $181,051.10 | $978.35 | $0.00 | $1,023.69 | $183,053.14 |
129 | $183,053.14 | $978.35 | $0.00 | $1,035.01 | $185,066.50 |
130 | $185,066.50 | $978.35 | $0.00 | $1,046.39 | $187,091.24 |
131 | $187,091.24 | $978.35 | $0.00 | $1,057.84 | $189,127.43 |
132 | $189,127.43 | $978.35 | $0.00 | $1,069.35 | $191,175.13 |
133 | $191,175.13 | $978.35 | $0.00 | $1,080.93 | $193,234.41 |
134 | $193,234.41 | $978.35 | $0.00 | $1,092.58 | $195,305.34 |
135 | $195,305.34 | $978.35 | $0.00 | $1,104.28 | $197,387.97 |
136 | $197,387.97 | $978.35 | $0.00 | $1,116.06 | $199,482.38 |
137 | $199,482.38 | $978.35 | $0.00 | $1,127.90 | $201,588.63 |
138 | $201,588.63 | $978.35 | $0.00 | $1,139.81 | $203,706.79 |
139 | $203,706.79 | $978.35 | $0.00 | $1,151.79 | $205,836.93 |
140 | $205,836.93 | $978.35 | $0.00 | $1,163.83 | $207,979.11 |
141 | $207,979.11 | $978.35 | $0.00 | $1,175.94 | $210,133.40 |
142 | $210,133.40 | $978.35 | $0.00 | $1,188.12 | $212,299.87 |
143 | $212,299.87 | $978.35 | $0.00 | $1,200.37 | $214,478.59 |
144 | $214,478.59 | $978.35 | $0.00 | $1,212.69 | $216,669.63 |
145 | $216,669.63 | $978.35 | $0.00 | $1,225.08 | $218,873.06 |
146 | $218,873.06 | $978.35 | $0.00 | $1,237.54 | $221,088.95 |
147 | $221,088.95 | $978.35 | $0.00 | $1,250.07 | $223,317.37 |
148 | $223,317.37 | $978.35 | $0.00 | $1,262.67 | $225,558.39 |
149 | $225,558.39 | $978.35 | $0.00 | $1,275.34 | $227,812.08 |
150 | $227,812.08 | $978.35 | $0.00 | $1,288.08 | $230,078.51 |
151 | $230,078.51 | $978.35 | $0.00 | $1,300.90 | $232,357.76 |
152 | $232,357.76 | $978.35 | $0.00 | $1,313.78 | $234,649.89 |
153 | $234,649.89 | $978.35 | $0.00 | $1,326.74 | $236,954.98 |
154 | $236,954.98 | $978.35 | $0.00 | $1,339.78 | $239,273.11 |
155 | $239,273.11 | $978.35 | $0.00 | $1,352.88 | $241,604.34 |
156 | $241,604.34 | $978.35 | $0.00 | $1,366.07 | $243,948.76 |
157 | $243,948.76 | $978.35 | $0.00 | $1,379.32 | $246,306.43 |
158 | $246,306.43 | $978.35 | $0.00 | $1,392.65 | $248,677.43 |
159 | $248,677.43 | $978.35 | $0.00 | $1,406.06 | $251,061.84 |
160 | $251,061.84 | $978.35 | $0.00 | $1,419.54 | $253,459.73 |
161 | $253,459.73 | $978.35 | $0.00 | $1,433.10 | $255,871.18 |
162 | $255,871.18 | $978.35 | $0.00 | $1,446.73 | $258,296.26 |
163 | $258,296.26 | $978.35 | $0.00 | $1,460.44 | $260,735.05 |
164 | $260,735.05 | $978.35 | $0.00 | $1,474.23 | $263,187.63 |
165 | $263,187.63 | $978.35 | $0.00 | $1,488.10 | $265,654.08 |
166 | $265,654.08 | $978.35 | $0.00 | $1,502.05 | $268,134.48 |
167 | $268,134.48 | $978.35 | $0.00 | $1,516.07 | $270,628.90 |
168 | $270,628.90 | $978.35 | $0.00 | $1,530.18 | $273,137.43 |
169 | $273,137.43 | $978.35 | $0.00 | $1,544.36 | $275,660.14 |
170 | $275,660.14 | $978.35 | $0.00 | $1,558.62 | $278,197.11 |
171 | $278,197.11 | $978.35 | $0.00 | $1,572.97 | $280,748.43 |
172 | $280,748.43 | $978.35 | $0.00 | $1,587.39 | $283,314.17 |
173 | $283,314.17 | $978.35 | $0.00 | $1,601.90 | $285,894.42 |
174 | $285,894.42 | $978.35 | $0.00 | $1,616.49 | $288,489.26 |
175 | $288,489.26 | $978.35 | $0.00 | $1,631.16 | $291,098.77 |
176 | $291,098.77 | $978.35 | $0.00 | $1,645.91 | $293,723.03 |
177 | $293,723.03 | $978.35 | $0.00 | $1,660.75 | $296,362.13 |
178 | $296,362.13 | $978.35 | $0.00 | $1,675.67 | $299,016.15 |
179 | $299,016.15 | $978.35 | $0.00 | $1,690.68 | $301,685.18 |
180 | $301,685.18 | $978.35 | $0.00 | $1,705.77 | $304,369.30 |
181 | $304,369.30 | $978.35 | $0.00 | $1,720.95 | $307,068.60 |
182 | $307,068.60 | $978.35 | $0.00 | $1,736.21 | $309,783.16 |
183 | $309,783.16 | $978.35 | $0.00 | $1,751.56 | $312,513.07 |
184 | $312,513.07 | $978.35 | $0.00 | $1,766.99 | $315,258.41 |
185 | $315,258.41 | $978.35 | $0.00 | $1,782.52 | $318,019.28 |
186 | $318,019.28 | $978.35 | $0.00 | $1,798.13 | $320,795.76 |
187 | $320,795.76 | $978.35 | $0.00 | $1,813.83 | $323,587.94 |
188 | $323,587.94 | $978.35 | $0.00 | $1,829.61 | $326,395.90 |
189 | $326,395.90 | $978.35 | $0.00 | $1,845.49 | $329,219.74 |
190 | $329,219.74 | $978.35 | $0.00 | $1,861.46 | $332,059.55 |
191 | $332,059.55 | $978.35 | $0.00 | $1,877.51 | $334,915.41 |
192 | $334,915.41 | $978.35 | $0.00 | $1,893.66 | $337,787.42 |
193 | $337,787.42 | $978.35 | $0.00 | $1,909.90 | $340,675.67 |
194 | $340,675.67 | $978.35 | $0.00 | $1,926.23 | $343,580.25 |
195 | $343,580.25 | $978.35 | $0.00 | $1,942.65 | $346,501.25 |
196 | $346,501.25 | $978.35 | $0.00 | $1,959.17 | $349,438.77 |
197 | $349,438.77 | $978.35 | $0.00 | $1,975.78 | $352,392.90 |
198 | $352,392.90 | $978.35 | $0.00 | $1,992.48 | $355,363.73 |
199 | $355,363.73 | $978.35 | $0.00 | $2,009.28 | $358,351.36 |
200 | $358,351.36 | $978.35 | $0.00 | $2,026.17 | $361,355.88 |
201 | $361,355.88 | $978.35 | $0.00 | $2,043.16 | $364,377.39 |
202 | $364,377.39 | $978.35 | $0.00 | $2,060.24 | $367,415.98 |
203 | $367,415.98 | $978.35 | $0.00 | $2,077.42 | $370,471.75 |
204 | $370,471.75 | $978.35 | $0.00 | $2,094.70 | $373,544.80 |
205 | $373,544.80 | $978.35 | $0.00 | $2,112.08 | $376,635.23 |
206 | $376,635.23 | $978.35 | $0.00 | $2,129.55 | $379,743.13 |
207 | $379,743.13 | $978.35 | $0.00 | $2,147.12 | $382,868.60 |
208 | $382,868.60 | $978.35 | $0.00 | $2,164.79 | $386,011.74 |
209 | $386,011.74 | $978.35 | $0.00 | $2,182.57 | $389,172.66 |
210 | $389,172.66 | $978.35 | $0.00 | $2,200.44 | $392,351.45 |
211 | $392,351.45 | $978.35 | $0.00 | $2,218.41 | $395,548.21 |
212 | $395,548.21 | $978.35 | $0.00 | $2,236.49 | $398,763.05 |
213 | $398,763.05 | $978.35 | $0.00 | $2,254.66 | $401,996.06 |
214 | $401,996.06 | $978.35 | $0.00 | $2,272.94 | $405,247.35 |
215 | $405,247.35 | $978.35 | $0.00 | $2,291.33 | $408,517.03 |
216 | $408,517.03 | $978.35 | $0.00 | $2,309.81 | $411,805.19 |
217 | $411,805.19 | $978.35 | $111,524.25 | $2,328.41 | $303,587.70 |
218 | $303,587.70 | $978.35 | $0.00 | $1,716.53 | $306,282.58 |
219 | $306,282.58 | $978.35 | $0.00 | $1,731.77 | $308,992.70 |
220 | $308,992.70 | $978.35 | $0.00 | $1,747.09 | $311,718.14 |
221 | $311,718.14 | $978.35 | $0.00 | $1,762.50 | $314,458.99 |
222 | $314,458.99 | $978.35 | $0.00 | $1,778.00 | $317,215.34 |
223 | $317,215.34 | $978.35 | $0.00 | $1,793.58 | $319,987.27 |
224 | $319,987.27 | $978.35 | $0.00 | $1,809.25 | $322,774.87 |
225 | $322,774.87 | $978.35 | $0.00 | $1,825.02 | $325,578.24 |
226 | $325,578.24 | $978.35 | $0.00 | $1,840.87 | $328,397.46 |
227 | $328,397.46 | $978.35 | $0.00 | $1,856.81 | $331,232.62 |
228 | $331,232.62 | $978.35 | $0.00 | $1,872.84 | $334,083.81 |
229 | $334,083.81 | $978.35 | $119,330.94 | $1,888.96 | $217,620.18 |
230 | $217,620.18 | $978.35 | $0.00 | $1,230.46 | $219,828.99 |
231 | $219,828.99 | $978.35 | $0.00 | $1,242.95 | $222,050.29 |
232 | $222,050.29 | $978.35 | $0.00 | $1,255.50 | $224,284.14 |
233 | $224,284.14 | $978.35 | $0.00 | $1,268.14 | $226,530.63 |
234 | $226,530.63 | $978.35 | $0.00 | $1,280.84 | $228,789.82 |
235 | $228,789.82 | $978.35 | $0.00 | $1,293.61 | $231,061.78 |
236 | $231,061.78 | $978.35 | $0.00 | $1,306.46 | $233,346.59 |
237 | $233,346.59 | $978.35 | $0.00 | $1,319.38 | $235,644.32 |
238 | $235,644.32 | $978.35 | $0.00 | $1,332.37 | $237,955.04 |
239 | $237,955.04 | $978.35 | $0.00 | $1,345.43 | $240,278.82 |
240 | $240,278.82 | $978.35 | $0.00 | $1,358.57 | $242,615.74 |
241 | $242,615.74 | $978.35 | $127,684.11 | $1,371.78 | $117,281.76 |
242 | $117,281.76 | $978.35 | $0.00 | $663.13 | $118,923.24 |
243 | $118,923.24 | $978.35 | $0.00 | $672.41 | $120,574.00 |
244 | $120,574.00 | $978.35 | $0.00 | $681.74 | $122,234.09 |
245 | $122,234.09 | $978.35 | $0.00 | $691.13 | $123,903.57 |
246 | $123,903.57 | $978.35 | $0.00 | $700.57 | $125,582.49 |
247 | $125,582.49 | $978.35 | $0.00 | $710.06 | $127,270.90 |
248 | $127,270.90 | $978.35 | $0.00 | $719.61 | $128,968.86 |
249 | $128,968.86 | $978.35 | $0.00 | $729.21 | $130,676.42 |
250 | $130,676.42 | $978.35 | $0.00 | $738.86 | $132,393.63 |
251 | $132,393.63 | $978.35 | $0.00 | $748.57 | $134,120.55 |
252 | $134,120.55 | $978.35 | $0.00 | $758.34 | $135,857.24 |
253 | $135,857.24 | $0.00 | $136,622.00 | $768.16 | $3.40 |