Estimated Annual Cost in 2042 | $81,670 |
Monthly savings required | $363 |
How much will it cost to send your child to Fortis College Phoenix in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $163,339.35 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $362.85 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 | $23,346.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Fortis College Phoenix in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $362.85 | $0.00 | $0.00 | $362.85 |
2 | $362.85 | $362.85 | $0.00 | $2.05 | $727.75 |
3 | $727.75 | $362.85 | $0.00 | $4.11 | $1,094.71 |
4 | $1,094.71 | $362.85 | $0.00 | $6.19 | $1,463.75 |
5 | $1,463.75 | $362.85 | $0.00 | $8.28 | $1,834.88 |
6 | $1,834.88 | $362.85 | $0.00 | $10.37 | $2,208.10 |
7 | $2,208.10 | $362.85 | $0.00 | $12.48 | $2,583.43 |
8 | $2,583.43 | $362.85 | $0.00 | $14.61 | $2,960.89 |
9 | $2,960.89 | $362.85 | $0.00 | $16.74 | $3,340.48 |
10 | $3,340.48 | $362.85 | $0.00 | $18.89 | $3,722.22 |
11 | $3,722.22 | $362.85 | $0.00 | $21.05 | $4,106.12 |
12 | $4,106.12 | $362.85 | $0.00 | $23.22 | $4,492.19 |
13 | $4,492.19 | $362.85 | $0.00 | $25.40 | $4,880.44 |
14 | $4,880.44 | $362.85 | $0.00 | $27.59 | $5,270.88 |
15 | $5,270.88 | $362.85 | $0.00 | $29.80 | $5,663.53 |
16 | $5,663.53 | $362.85 | $0.00 | $32.02 | $6,058.40 |
17 | $6,058.40 | $362.85 | $0.00 | $34.26 | $6,455.51 |
18 | $6,455.51 | $362.85 | $0.00 | $36.50 | $6,854.86 |
19 | $6,854.86 | $362.85 | $0.00 | $38.76 | $7,256.47 |
20 | $7,256.47 | $362.85 | $0.00 | $41.03 | $7,660.35 |
21 | $7,660.35 | $362.85 | $0.00 | $43.31 | $8,066.51 |
22 | $8,066.51 | $362.85 | $0.00 | $45.61 | $8,474.97 |
23 | $8,474.97 | $362.85 | $0.00 | $47.92 | $8,885.74 |
24 | $8,885.74 | $362.85 | $0.00 | $50.24 | $9,298.83 |
25 | $9,298.83 | $362.85 | $0.00 | $52.58 | $9,714.26 |
26 | $9,714.26 | $362.85 | $0.00 | $54.93 | $10,132.04 |
27 | $10,132.04 | $362.85 | $0.00 | $57.29 | $10,552.18 |
28 | $10,552.18 | $362.85 | $0.00 | $59.66 | $10,974.69 |
29 | $10,974.69 | $362.85 | $0.00 | $62.05 | $11,399.59 |
30 | $11,399.59 | $362.85 | $0.00 | $64.45 | $11,826.89 |
31 | $11,826.89 | $362.85 | $0.00 | $66.87 | $12,256.61 |
32 | $12,256.61 | $362.85 | $0.00 | $69.30 | $12,688.76 |
33 | $12,688.76 | $362.85 | $0.00 | $71.74 | $13,123.35 |
34 | $13,123.35 | $362.85 | $0.00 | $74.20 | $13,560.40 |
35 | $13,560.40 | $362.85 | $0.00 | $76.67 | $13,999.92 |
36 | $13,999.92 | $362.85 | $0.00 | $79.16 | $14,441.93 |
37 | $14,441.93 | $362.85 | $0.00 | $81.66 | $14,886.44 |
38 | $14,886.44 | $362.85 | $0.00 | $84.17 | $15,333.46 |
39 | $15,333.46 | $362.85 | $0.00 | $86.70 | $15,783.01 |
40 | $15,783.01 | $362.85 | $0.00 | $89.24 | $16,235.10 |
41 | $16,235.10 | $362.85 | $0.00 | $91.80 | $16,689.75 |
42 | $16,689.75 | $362.85 | $0.00 | $94.37 | $17,146.97 |
43 | $17,146.97 | $362.85 | $0.00 | $96.95 | $17,606.77 |
44 | $17,606.77 | $362.85 | $0.00 | $99.55 | $18,069.17 |
45 | $18,069.17 | $362.85 | $0.00 | $102.17 | $18,534.19 |
46 | $18,534.19 | $362.85 | $0.00 | $104.80 | $19,001.84 |
47 | $19,001.84 | $362.85 | $0.00 | $107.44 | $19,472.13 |
48 | $19,472.13 | $362.85 | $0.00 | $110.10 | $19,945.08 |
49 | $19,945.08 | $362.85 | $0.00 | $112.77 | $20,420.70 |
50 | $20,420.70 | $362.85 | $0.00 | $115.46 | $20,899.01 |
51 | $20,899.01 | $362.85 | $0.00 | $118.17 | $21,380.03 |
52 | $21,380.03 | $362.85 | $0.00 | $120.89 | $21,863.77 |
53 | $21,863.77 | $362.85 | $0.00 | $123.62 | $22,350.24 |
54 | $22,350.24 | $362.85 | $0.00 | $126.37 | $22,839.46 |
55 | $22,839.46 | $362.85 | $0.00 | $129.14 | $23,331.45 |
56 | $23,331.45 | $362.85 | $0.00 | $131.92 | $23,826.22 |
57 | $23,826.22 | $362.85 | $0.00 | $134.72 | $24,323.79 |
58 | $24,323.79 | $362.85 | $0.00 | $137.53 | $24,824.17 |
59 | $24,824.17 | $362.85 | $0.00 | $140.36 | $25,327.38 |
60 | $25,327.38 | $362.85 | $0.00 | $143.20 | $25,833.43 |
61 | $25,833.43 | $362.85 | $0.00 | $146.07 | $26,342.35 |
62 | $26,342.35 | $362.85 | $0.00 | $148.94 | $26,854.14 |
63 | $26,854.14 | $362.85 | $0.00 | $151.84 | $27,368.83 |
64 | $27,368.83 | $362.85 | $0.00 | $154.75 | $27,886.43 |
65 | $27,886.43 | $362.85 | $0.00 | $157.67 | $28,406.95 |
66 | $28,406.95 | $362.85 | $0.00 | $160.62 | $28,930.42 |
67 | $28,930.42 | $362.85 | $0.00 | $163.58 | $29,456.85 |
68 | $29,456.85 | $362.85 | $0.00 | $166.55 | $29,986.25 |
69 | $29,986.25 | $362.85 | $0.00 | $169.55 | $30,518.65 |
70 | $30,518.65 | $362.85 | $0.00 | $172.56 | $31,054.06 |
71 | $31,054.06 | $362.85 | $0.00 | $175.58 | $31,592.49 |
72 | $31,592.49 | $362.85 | $0.00 | $178.63 | $32,133.97 |
73 | $32,133.97 | $362.85 | $0.00 | $181.69 | $32,678.51 |
74 | $32,678.51 | $362.85 | $0.00 | $184.77 | $33,226.13 |
75 | $33,226.13 | $362.85 | $0.00 | $187.87 | $33,776.85 |
76 | $33,776.85 | $362.85 | $0.00 | $190.98 | $34,330.68 |
77 | $34,330.68 | $362.85 | $0.00 | $194.11 | $34,887.64 |
78 | $34,887.64 | $362.85 | $0.00 | $197.26 | $35,447.75 |
79 | $35,447.75 | $362.85 | $0.00 | $200.43 | $36,011.03 |
80 | $36,011.03 | $362.85 | $0.00 | $203.61 | $36,577.49 |
81 | $36,577.49 | $362.85 | $0.00 | $206.81 | $37,147.15 |
82 | $37,147.15 | $362.85 | $0.00 | $210.04 | $37,720.04 |
83 | $37,720.04 | $362.85 | $0.00 | $213.27 | $38,296.16 |
84 | $38,296.16 | $362.85 | $0.00 | $216.53 | $38,875.54 |
85 | $38,875.54 | $362.85 | $0.00 | $219.81 | $39,458.20 |
86 | $39,458.20 | $362.85 | $0.00 | $223.10 | $40,044.15 |
87 | $40,044.15 | $362.85 | $0.00 | $226.42 | $40,633.42 |
88 | $40,633.42 | $362.85 | $0.00 | $229.75 | $41,226.02 |
89 | $41,226.02 | $362.85 | $0.00 | $233.10 | $41,821.97 |
90 | $41,821.97 | $362.85 | $0.00 | $236.47 | $42,421.29 |
91 | $42,421.29 | $362.85 | $0.00 | $239.86 | $43,024.00 |
92 | $43,024.00 | $362.85 | $0.00 | $243.26 | $43,630.11 |
93 | $43,630.11 | $362.85 | $0.00 | $246.69 | $44,239.65 |
94 | $44,239.65 | $362.85 | $0.00 | $250.14 | $44,852.64 |
95 | $44,852.64 | $362.85 | $0.00 | $253.60 | $45,469.09 |
96 | $45,469.09 | $362.85 | $0.00 | $257.09 | $46,089.03 |
97 | $46,089.03 | $362.85 | $0.00 | $260.59 | $46,712.47 |
98 | $46,712.47 | $362.85 | $0.00 | $264.12 | $47,339.44 |
99 | $47,339.44 | $362.85 | $0.00 | $267.66 | $47,969.95 |
100 | $47,969.95 | $362.85 | $0.00 | $271.23 | $48,604.03 |
101 | $48,604.03 | $362.85 | $0.00 | $274.81 | $49,241.69 |
102 | $49,241.69 | $362.85 | $0.00 | $278.42 | $49,882.96 |
103 | $49,882.96 | $362.85 | $0.00 | $282.05 | $50,527.86 |
104 | $50,527.86 | $362.85 | $0.00 | $285.69 | $51,176.40 |
105 | $51,176.40 | $362.85 | $0.00 | $289.36 | $51,828.61 |
106 | $51,828.61 | $362.85 | $0.00 | $293.05 | $52,484.51 |
107 | $52,484.51 | $362.85 | $0.00 | $296.76 | $53,144.12 |
108 | $53,144.12 | $362.85 | $0.00 | $300.48 | $53,807.45 |
109 | $53,807.45 | $362.85 | $0.00 | $304.24 | $54,474.54 |
110 | $54,474.54 | $362.85 | $0.00 | $308.01 | $55,145.40 |
111 | $55,145.40 | $362.85 | $0.00 | $311.80 | $55,820.05 |
112 | $55,820.05 | $362.85 | $0.00 | $315.61 | $56,498.51 |
113 | $56,498.51 | $362.85 | $0.00 | $319.45 | $57,180.81 |
114 | $57,180.81 | $362.85 | $0.00 | $323.31 | $57,866.97 |
115 | $57,866.97 | $362.85 | $0.00 | $327.19 | $58,557.01 |
116 | $58,557.01 | $362.85 | $0.00 | $331.09 | $59,250.95 |
117 | $59,250.95 | $362.85 | $0.00 | $335.01 | $59,948.81 |
118 | $59,948.81 | $362.85 | $0.00 | $338.96 | $60,650.62 |
119 | $60,650.62 | $362.85 | $0.00 | $342.93 | $61,356.40 |
120 | $61,356.40 | $362.85 | $0.00 | $346.92 | $62,066.17 |
121 | $62,066.17 | $362.85 | $0.00 | $350.93 | $62,779.95 |
122 | $62,779.95 | $362.85 | $0.00 | $354.97 | $63,497.77 |
123 | $63,497.77 | $362.85 | $0.00 | $359.03 | $64,219.65 |
124 | $64,219.65 | $362.85 | $0.00 | $363.11 | $64,945.61 |
125 | $64,945.61 | $362.85 | $0.00 | $367.21 | $65,675.67 |
126 | $65,675.67 | $362.85 | $0.00 | $371.34 | $66,409.86 |
127 | $66,409.86 | $362.85 | $0.00 | $375.49 | $67,148.20 |
128 | $67,148.20 | $362.85 | $0.00 | $379.67 | $67,890.72 |
129 | $67,890.72 | $362.85 | $0.00 | $383.86 | $68,637.43 |
130 | $68,637.43 | $362.85 | $0.00 | $388.09 | $69,388.37 |
131 | $69,388.37 | $362.85 | $0.00 | $392.33 | $70,143.55 |
132 | $70,143.55 | $362.85 | $0.00 | $396.60 | $70,903.00 |
133 | $70,903.00 | $362.85 | $0.00 | $400.90 | $71,666.75 |
134 | $71,666.75 | $362.85 | $0.00 | $405.21 | $72,434.81 |
135 | $72,434.81 | $362.85 | $0.00 | $409.56 | $73,207.22 |
136 | $73,207.22 | $362.85 | $0.00 | $413.92 | $73,983.99 |
137 | $73,983.99 | $362.85 | $0.00 | $418.32 | $74,765.16 |
138 | $74,765.16 | $362.85 | $0.00 | $422.73 | $75,550.74 |
139 | $75,550.74 | $362.85 | $0.00 | $427.17 | $76,340.76 |
140 | $76,340.76 | $362.85 | $0.00 | $431.64 | $77,135.25 |
141 | $77,135.25 | $362.85 | $0.00 | $436.13 | $77,934.23 |
142 | $77,934.23 | $362.85 | $0.00 | $440.65 | $78,737.73 |
143 | $78,737.73 | $362.85 | $0.00 | $445.19 | $79,545.77 |
144 | $79,545.77 | $362.85 | $0.00 | $449.76 | $80,358.38 |
145 | $80,358.38 | $362.85 | $0.00 | $454.36 | $81,175.59 |
146 | $81,175.59 | $362.85 | $0.00 | $458.98 | $81,997.42 |
147 | $81,997.42 | $362.85 | $0.00 | $463.63 | $82,823.90 |
148 | $82,823.90 | $362.85 | $0.00 | $468.30 | $83,655.05 |
149 | $83,655.05 | $362.85 | $0.00 | $473.00 | $84,490.90 |
150 | $84,490.90 | $362.85 | $0.00 | $477.72 | $85,331.47 |
151 | $85,331.47 | $362.85 | $0.00 | $482.48 | $86,176.80 |
152 | $86,176.80 | $362.85 | $0.00 | $487.26 | $87,026.91 |
153 | $87,026.91 | $362.85 | $0.00 | $492.06 | $87,881.82 |
154 | $87,881.82 | $362.85 | $0.00 | $496.90 | $88,741.57 |
155 | $88,741.57 | $362.85 | $0.00 | $501.76 | $89,606.18 |
156 | $89,606.18 | $362.85 | $0.00 | $506.65 | $90,475.68 |
157 | $90,475.68 | $362.85 | $0.00 | $511.56 | $91,350.09 |
158 | $91,350.09 | $362.85 | $0.00 | $516.51 | $92,229.45 |
159 | $92,229.45 | $362.85 | $0.00 | $521.48 | $93,113.78 |
160 | $93,113.78 | $362.85 | $0.00 | $526.48 | $94,003.11 |
161 | $94,003.11 | $362.85 | $0.00 | $531.51 | $94,897.47 |
162 | $94,897.47 | $362.85 | $0.00 | $536.56 | $95,796.88 |
163 | $95,796.88 | $362.85 | $0.00 | $541.65 | $96,701.38 |
164 | $96,701.38 | $362.85 | $0.00 | $546.76 | $97,610.99 |
165 | $97,610.99 | $362.85 | $0.00 | $551.91 | $98,525.75 |
166 | $98,525.75 | $362.85 | $0.00 | $557.08 | $99,445.68 |
167 | $99,445.68 | $362.85 | $0.00 | $562.28 | $100,370.81 |
168 | $100,370.81 | $362.85 | $0.00 | $567.51 | $101,301.17 |
169 | $101,301.17 | $362.85 | $0.00 | $572.77 | $102,236.79 |
170 | $102,236.79 | $362.85 | $0.00 | $578.06 | $103,177.70 |
171 | $103,177.70 | $362.85 | $0.00 | $583.38 | $104,123.93 |
172 | $104,123.93 | $362.85 | $0.00 | $588.73 | $105,075.51 |
173 | $105,075.51 | $362.85 | $0.00 | $594.11 | $106,032.47 |
174 | $106,032.47 | $362.85 | $0.00 | $599.52 | $106,994.84 |
175 | $106,994.84 | $362.85 | $0.00 | $604.96 | $107,962.65 |
176 | $107,962.65 | $362.85 | $0.00 | $610.44 | $108,935.94 |
177 | $108,935.94 | $362.85 | $0.00 | $615.94 | $109,914.73 |
178 | $109,914.73 | $362.85 | $0.00 | $621.47 | $110,899.05 |
179 | $110,899.05 | $362.85 | $0.00 | $627.04 | $111,888.94 |
180 | $111,888.94 | $362.85 | $0.00 | $632.64 | $112,884.43 |
181 | $112,884.43 | $362.85 | $0.00 | $638.26 | $113,885.54 |
182 | $113,885.54 | $362.85 | $0.00 | $643.93 | $114,892.32 |
183 | $114,892.32 | $362.85 | $0.00 | $649.62 | $115,904.79 |
184 | $115,904.79 | $362.85 | $0.00 | $655.34 | $116,922.98 |
185 | $116,922.98 | $362.85 | $0.00 | $661.10 | $117,946.93 |
186 | $117,946.93 | $362.85 | $0.00 | $666.89 | $118,976.67 |
187 | $118,976.67 | $362.85 | $0.00 | $672.71 | $120,012.23 |
188 | $120,012.23 | $362.85 | $0.00 | $678.57 | $121,053.65 |
189 | $121,053.65 | $362.85 | $0.00 | $684.45 | $122,100.95 |
190 | $122,100.95 | $362.85 | $0.00 | $690.38 | $123,154.18 |
191 | $123,154.18 | $362.85 | $0.00 | $696.33 | $124,213.36 |
192 | $124,213.36 | $362.85 | $0.00 | $702.32 | $125,278.53 |
193 | $125,278.53 | $362.85 | $0.00 | $708.34 | $126,349.72 |
194 | $126,349.72 | $362.85 | $0.00 | $714.40 | $127,426.97 |
195 | $127,426.97 | $362.85 | $0.00 | $720.49 | $128,510.31 |
196 | $128,510.31 | $362.85 | $0.00 | $726.62 | $129,599.78 |
197 | $129,599.78 | $362.85 | $0.00 | $732.78 | $130,695.41 |
198 | $130,695.41 | $362.85 | $0.00 | $738.97 | $131,797.23 |
199 | $131,797.23 | $362.85 | $0.00 | $745.20 | $132,905.28 |
200 | $132,905.28 | $362.85 | $0.00 | $751.47 | $134,019.60 |
201 | $134,019.60 | $362.85 | $0.00 | $757.77 | $135,140.22 |
202 | $135,140.22 | $362.85 | $0.00 | $764.10 | $136,267.17 |
203 | $136,267.17 | $362.85 | $0.00 | $770.47 | $137,400.49 |
204 | $137,400.49 | $362.85 | $0.00 | $776.88 | $138,540.22 |
205 | $138,540.22 | $362.85 | $0.00 | $783.33 | $139,686.40 |
206 | $139,686.40 | $362.85 | $0.00 | $789.81 | $140,839.06 |
207 | $140,839.06 | $362.85 | $0.00 | $796.32 | $141,998.23 |
208 | $141,998.23 | $362.85 | $0.00 | $802.88 | $143,163.96 |
209 | $143,163.96 | $362.85 | $0.00 | $809.47 | $144,336.28 |
210 | $144,336.28 | $362.85 | $0.00 | $816.10 | $145,515.23 |
211 | $145,515.23 | $362.85 | $0.00 | $822.76 | $146,700.84 |
212 | $146,700.84 | $362.85 | $0.00 | $829.47 | $147,893.16 |
213 | $147,893.16 | $362.85 | $0.00 | $836.21 | $149,092.22 |
214 | $149,092.22 | $362.85 | $0.00 | $842.99 | $150,298.06 |
215 | $150,298.06 | $362.85 | $0.00 | $849.81 | $151,510.72 |
216 | $151,510.72 | $362.85 | $0.00 | $856.66 | $152,730.23 |
217 | $152,730.23 | $362.85 | $78,907.90 | $863.56 | $75,048.74 |
218 | $75,048.74 | $362.85 | $0.00 | $424.34 | $75,835.93 |
219 | $75,835.93 | $362.85 | $0.00 | $428.79 | $76,627.57 |
220 | $76,627.57 | $362.85 | $0.00 | $433.26 | $77,423.68 |
221 | $77,423.68 | $362.85 | $0.00 | $437.76 | $78,224.29 |
222 | $78,224.29 | $362.85 | $0.00 | $442.29 | $79,029.43 |
223 | $79,029.43 | $362.85 | $0.00 | $446.84 | $79,839.12 |
224 | $79,839.12 | $362.85 | $0.00 | $451.42 | $80,653.39 |
225 | $80,653.39 | $362.85 | $0.00 | $456.03 | $81,472.27 |
226 | $81,472.27 | $362.85 | $0.00 | $460.66 | $82,295.78 |
227 | $82,295.78 | $362.85 | $0.00 | $465.31 | $83,123.94 |
228 | $83,123.94 | $362.85 | $0.00 | $469.99 | $83,956.78 |
229 | $83,956.78 | $0.00 | $84,431.45 | $474.70 | $0.03 |