Savings Plan and Future Cost Estimation for University of Florida

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2041 \$55,575 Monthly savings required \$440

How much will it cost to send your child to University of Florida in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$222,300.11 for students enrolling in 2041 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$439.93 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 \$21,431.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 After Tax Return on Savings 7% Years of enrollment 4

Current Savings Shortfall

College Savings Calculator

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

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$439.93 \$0.00 \$0.00 \$439.93
2 \$439.93 \$439.93 \$0.00 \$2.49 \$882.35
3 \$882.35 \$439.93 \$0.00 \$4.99 \$1,327.27
4 \$1,327.27 \$439.93 \$0.00 \$7.50 \$1,774.70
5 \$1,774.70 \$439.93 \$0.00 \$10.03 \$2,224.66
6 \$2,224.66 \$439.93 \$0.00 \$12.58 \$2,677.17
7 \$2,677.17 \$439.93 \$0.00 \$15.14 \$3,132.24
8 \$3,132.24 \$439.93 \$0.00 \$17.71 \$3,589.88
9 \$3,589.88 \$439.93 \$0.00 \$20.30 \$4,050.11
10 \$4,050.11 \$439.93 \$0.00 \$22.90 \$4,512.94
11 \$4,512.94 \$439.93 \$0.00 \$25.52 \$4,978.39
12 \$4,978.39 \$439.93 \$0.00 \$28.15 \$5,446.47
13 \$5,446.47 \$439.93 \$0.00 \$30.80 \$5,917.20
14 \$5,917.20 \$439.93 \$0.00 \$33.46 \$6,390.59
15 \$6,390.59 \$439.93 \$0.00 \$36.13 \$6,866.65
16 \$6,866.65 \$439.93 \$0.00 \$38.83 \$7,345.41
17 \$7,345.41 \$439.93 \$0.00 \$41.53 \$7,826.87
18 \$7,826.87 \$439.93 \$0.00 \$44.25 \$8,311.05
19 \$8,311.05 \$439.93 \$0.00 \$46.99 \$8,797.97
20 \$8,797.97 \$439.93 \$0.00 \$49.75 \$9,287.65
21 \$9,287.65 \$439.93 \$0.00 \$52.51 \$9,780.09
22 \$9,780.09 \$439.93 \$0.00 \$55.30 \$10,275.32
23 \$10,275.32 \$439.93 \$0.00 \$58.10 \$10,773.35
24 \$10,773.35 \$439.93 \$0.00 \$60.91 \$11,274.19
25 \$11,274.19 \$439.93 \$0.00 \$63.75 \$11,777.87
26 \$11,777.87 \$439.93 \$0.00 \$66.59 \$12,284.39
27 \$12,284.39 \$439.93 \$0.00 \$69.46 \$12,793.78
28 \$12,793.78 \$439.93 \$0.00 \$72.34 \$13,306.05
29 \$13,306.05 \$439.93 \$0.00 \$75.23 \$13,821.21
30 \$13,821.21 \$439.93 \$0.00 \$78.15 \$14,339.29
31 \$14,339.29 \$439.93 \$0.00 \$81.08 \$14,860.30
32 \$14,860.30 \$439.93 \$0.00 \$84.02 \$15,384.25
33 \$15,384.25 \$439.93 \$0.00 \$86.98 \$15,911.16
34 \$15,911.16 \$439.93 \$0.00 \$89.96 \$16,441.05
35 \$16,441.05 \$439.93 \$0.00 \$92.96 \$16,973.94
36 \$16,973.94 \$439.93 \$0.00 \$95.97 \$17,509.84
37 \$17,509.84 \$439.93 \$0.00 \$99.00 \$18,048.77
38 \$18,048.77 \$439.93 \$0.00 \$102.05 \$18,590.75
39 \$18,590.75 \$439.93 \$0.00 \$105.11 \$19,135.79
40 \$19,135.79 \$439.93 \$0.00 \$108.20 \$19,683.92
41 \$19,683.92 \$439.93 \$0.00 \$111.30 \$20,235.15
42 \$20,235.15 \$439.93 \$0.00 \$114.41 \$20,789.49
43 \$20,789.49 \$439.93 \$0.00 \$117.55 \$21,346.97
44 \$21,346.97 \$439.93 \$0.00 \$120.70 \$21,907.60
45 \$21,907.60 \$439.93 \$0.00 \$123.87 \$22,471.40
46 \$22,471.40 \$439.93 \$0.00 \$127.06 \$23,038.39
47 \$23,038.39 \$439.93 \$0.00 \$130.26 \$23,608.58
48 \$23,608.58 \$439.93 \$0.00 \$133.49 \$24,182.00
49 \$24,182.00 \$439.93 \$0.00 \$136.73 \$24,758.66
50 \$24,758.66 \$439.93 \$0.00 \$139.99 \$25,338.58
51 \$25,338.58 \$439.93 \$0.00 \$143.27 \$25,921.78
52 \$25,921.78 \$439.93 \$0.00 \$146.57 \$26,508.28
53 \$26,508.28 \$439.93 \$0.00 \$149.88 \$27,098.09
54 \$27,098.09 \$439.93 \$0.00 \$153.22 \$27,691.24
55 \$27,691.24 \$439.93 \$0.00 \$156.57 \$28,287.74
56 \$28,287.74 \$439.93 \$0.00 \$159.94 \$28,887.61
57 \$28,887.61 \$439.93 \$0.00 \$163.33 \$29,490.87
58 \$29,490.87 \$439.93 \$0.00 \$166.75 \$30,097.55
59 \$30,097.55 \$439.93 \$0.00 \$170.18 \$30,707.66
60 \$30,707.66 \$439.93 \$0.00 \$173.63 \$31,321.22
61 \$31,321.22 \$439.93 \$0.00 \$177.09 \$31,938.24
62 \$31,938.24 \$439.93 \$0.00 \$180.58 \$32,558.75
63 \$32,558.75 \$439.93 \$0.00 \$184.09 \$33,182.77
64 \$33,182.77 \$439.93 \$0.00 \$187.62 \$33,810.32
65 \$33,810.32 \$439.93 \$0.00 \$191.17 \$34,441.42
66 \$34,441.42 \$439.93 \$0.00 \$194.74 \$35,076.09
67 \$35,076.09 \$439.93 \$0.00 \$198.33 \$35,714.35
68 \$35,714.35 \$439.93 \$0.00 \$201.93 \$36,356.21
69 \$36,356.21 \$439.93 \$0.00 \$205.56 \$37,001.70
70 \$37,001.70 \$439.93 \$0.00 \$209.21 \$37,650.84
71 \$37,650.84 \$439.93 \$0.00 \$212.88 \$38,303.65
72 \$38,303.65 \$439.93 \$0.00 \$216.57 \$38,960.15
73 \$38,960.15 \$439.93 \$0.00 \$220.29 \$39,620.37
74 \$39,620.37 \$439.93 \$0.00 \$224.02 \$40,284.32
75 \$40,284.32 \$439.93 \$0.00 \$227.77 \$40,952.02
76 \$40,952.02 \$439.93 \$0.00 \$231.55 \$41,623.50
77 \$41,623.50 \$439.93 \$0.00 \$235.35 \$42,298.78
78 \$42,298.78 \$439.93 \$0.00 \$239.16 \$42,977.87
79 \$42,977.87 \$439.93 \$0.00 \$243.00 \$43,660.80
80 \$43,660.80 \$439.93 \$0.00 \$246.86 \$44,347.59
81 \$44,347.59 \$439.93 \$0.00 \$250.75 \$45,038.27
82 \$45,038.27 \$439.93 \$0.00 \$254.65 \$45,732.85
83 \$45,732.85 \$439.93 \$0.00 \$258.58 \$46,431.36
84 \$46,431.36 \$439.93 \$0.00 \$262.53 \$47,133.82
85 \$47,133.82 \$439.93 \$0.00 \$266.50 \$47,840.25
86 \$47,840.25 \$439.93 \$0.00 \$270.50 \$48,550.68
87 \$48,550.68 \$439.93 \$0.00 \$274.51 \$49,265.12
88 \$49,265.12 \$439.93 \$0.00 \$278.55 \$49,983.60
89 \$49,983.60 \$439.93 \$0.00 \$282.61 \$50,706.14
90 \$50,706.14 \$439.93 \$0.00 \$286.70 \$51,432.77
91 \$51,432.77 \$439.93 \$0.00 \$290.81 \$52,163.51
92 \$52,163.51 \$439.93 \$0.00 \$294.94 \$52,898.38
93 \$52,898.38 \$439.93 \$0.00 \$299.10 \$53,637.41
94 \$53,637.41 \$439.93 \$0.00 \$303.27 \$54,380.61
95 \$54,380.61 \$439.93 \$0.00 \$307.48 \$55,128.02
96 \$55,128.02 \$439.93 \$0.00 \$311.70 \$55,879.65
97 \$55,879.65 \$439.93 \$0.00 \$315.95 \$56,635.53
98 \$56,635.53 \$439.93 \$0.00 \$320.23 \$57,395.69
99 \$57,395.69 \$439.93 \$0.00 \$324.52 \$58,160.14
100 \$58,160.14 \$439.93 \$0.00 \$328.85 \$58,928.92
101 \$58,928.92 \$439.93 \$0.00 \$333.19 \$59,702.04
102 \$59,702.04 \$439.93 \$0.00 \$337.56 \$60,479.53
103 \$60,479.53 \$439.93 \$0.00 \$341.96 \$61,261.42
104 \$61,261.42 \$439.93 \$0.00 \$346.38 \$62,047.73
105 \$62,047.73 \$439.93 \$0.00 \$350.83 \$62,838.49
106 \$62,838.49 \$439.93 \$0.00 \$355.30 \$63,633.72
107 \$63,633.72 \$439.93 \$0.00 \$359.79 \$64,433.44
108 \$64,433.44 \$439.93 \$0.00 \$364.32 \$65,237.69
109 \$65,237.69 \$439.93 \$0.00 \$368.86 \$66,046.48
110 \$66,046.48 \$439.93 \$0.00 \$373.44 \$66,859.85
111 \$66,859.85 \$439.93 \$0.00 \$378.04 \$67,677.82
112 \$67,677.82 \$439.93 \$0.00 \$382.66 \$68,500.41
113 \$68,500.41 \$439.93 \$0.00 \$387.31 \$69,327.65
114 \$69,327.65 \$439.93 \$0.00 \$391.99 \$70,159.57
115 \$70,159.57 \$439.93 \$0.00 \$396.69 \$70,996.19
116 \$70,996.19 \$439.93 \$0.00 \$401.42 \$71,837.54
117 \$71,837.54 \$439.93 \$0.00 \$406.18 \$72,683.65
118 \$72,683.65 \$439.93 \$0.00 \$410.96 \$73,534.54
119 \$73,534.54 \$439.93 \$0.00 \$415.77 \$74,390.24
120 \$74,390.24 \$439.93 \$0.00 \$420.61 \$75,250.78
121 \$75,250.78 \$439.93 \$0.00 \$425.48 \$76,116.19
122 \$76,116.19 \$439.93 \$0.00 \$430.37 \$76,986.49
123 \$76,986.49 \$439.93 \$0.00 \$435.29 \$77,861.71
124 \$77,861.71 \$439.93 \$0.00 \$440.24 \$78,741.88
125 \$78,741.88 \$439.93 \$0.00 \$445.22 \$79,627.03
126 \$79,627.03 \$439.93 \$0.00 \$450.22 \$80,517.18
127 \$80,517.18 \$439.93 \$0.00 \$455.26 \$81,412.37
128 \$81,412.37 \$439.93 \$0.00 \$460.32 \$82,312.62
129 \$82,312.62 \$439.93 \$0.00 \$465.41 \$83,217.96
130 \$83,217.96 \$439.93 \$0.00 \$470.53 \$84,128.42
131 \$84,128.42 \$439.93 \$0.00 \$475.67 \$85,044.02
132 \$85,044.02 \$439.93 \$0.00 \$480.85 \$85,964.80
133 \$85,964.80 \$439.93 \$0.00 \$486.06 \$86,890.79
134 \$86,890.79 \$439.93 \$0.00 \$491.29 \$87,822.01
135 \$87,822.01 \$439.93 \$0.00 \$496.56 \$88,758.50
136 \$88,758.50 \$439.93 \$0.00 \$501.85 \$89,700.28
137 \$89,700.28 \$439.93 \$0.00 \$507.18 \$90,647.39
138 \$90,647.39 \$439.93 \$0.00 \$512.53 \$91,599.85
139 \$91,599.85 \$439.93 \$0.00 \$517.92 \$92,557.70
140 \$92,557.70 \$439.93 \$0.00 \$523.33 \$93,520.96
141 \$93,520.96 \$439.93 \$0.00 \$528.78 \$94,489.67
142 \$94,489.67 \$439.93 \$0.00 \$534.26 \$95,463.86
143 \$95,463.86 \$439.93 \$0.00 \$539.77 \$96,443.56
144 \$96,443.56 \$439.93 \$0.00 \$545.31 \$97,428.80
145 \$97,428.80 \$439.93 \$0.00 \$550.88 \$98,419.61
146 \$98,419.61 \$439.93 \$0.00 \$556.48 \$99,416.02
147 \$99,416.02 \$439.93 \$0.00 \$562.11 \$100,418.06
148 \$100,418.06 \$439.93 \$0.00 \$567.78 \$101,425.77
149 \$101,425.77 \$439.93 \$0.00 \$573.48 \$102,439.18
150 \$102,439.18 \$439.93 \$0.00 \$579.21 \$103,458.32
151 \$103,458.32 \$439.93 \$0.00 \$584.97 \$104,483.22
152 \$104,483.22 \$439.93 \$0.00 \$590.76 \$105,513.91
153 \$105,513.91 \$439.93 \$0.00 \$596.59 \$106,550.43
154 \$106,550.43 \$439.93 \$0.00 \$602.45 \$107,592.81
155 \$107,592.81 \$439.93 \$0.00 \$608.35 \$108,641.09
156 \$108,641.09 \$439.93 \$0.00 \$614.27 \$109,695.29
157 \$109,695.29 \$439.93 \$0.00 \$620.23 \$110,755.45
158 \$110,755.45 \$439.93 \$0.00 \$626.23 \$111,821.61
159 \$111,821.61 \$439.93 \$0.00 \$632.26 \$112,893.80
160 \$112,893.80 \$439.93 \$0.00 \$638.32 \$113,972.05
161 \$113,972.05 \$439.93 \$0.00 \$644.41 \$115,056.39
162 \$115,056.39 \$439.93 \$0.00 \$650.55 \$116,146.87
163 \$116,146.87 \$439.93 \$0.00 \$656.71 \$117,243.51
164 \$117,243.51 \$439.93 \$0.00 \$662.91 \$118,346.35
165 \$118,346.35 \$439.93 \$0.00 \$669.15 \$119,455.43
166 \$119,455.43 \$439.93 \$0.00 \$675.42 \$120,570.78
167 \$120,570.78 \$439.93 \$0.00 \$681.72 \$121,692.43
168 \$121,692.43 \$439.93 \$0.00 \$688.07 \$122,820.43
169 \$122,820.43 \$439.93 \$0.00 \$694.44 \$123,954.80
170 \$123,954.80 \$439.93 \$0.00 \$700.86 \$125,095.59
171 \$125,095.59 \$439.93 \$0.00 \$707.31 \$126,242.83
172 \$126,242.83 \$439.93 \$0.00 \$713.80 \$127,396.56
173 \$127,396.56 \$439.93 \$0.00 \$720.32 \$128,556.81
174 \$128,556.81 \$439.93 \$0.00 \$726.88 \$129,723.62
175 \$129,723.62 \$439.93 \$0.00 \$733.48 \$130,897.03
176 \$130,897.03 \$439.93 \$0.00 \$740.11 \$132,077.07
177 \$132,077.07 \$439.93 \$0.00 \$746.78 \$133,263.78
178 \$133,263.78 \$439.93 \$0.00 \$753.49 \$134,457.20
179 \$134,457.20 \$439.93 \$0.00 \$760.24 \$135,657.37
180 \$135,657.37 \$439.93 \$0.00 \$767.03 \$136,864.33
181 \$136,864.33 \$439.93 \$0.00 \$773.85 \$138,078.11
182 \$138,078.11 \$439.93 \$0.00 \$780.71 \$139,298.75
183 \$139,298.75 \$439.93 \$0.00 \$787.62 \$140,526.30
184 \$140,526.30 \$439.93 \$0.00 \$794.56 \$141,760.79
185 \$141,760.79 \$439.93 \$0.00 \$801.54 \$143,002.26
186 \$143,002.26 \$439.93 \$0.00 \$808.56 \$144,250.75
187 \$144,250.75 \$439.93 \$0.00 \$815.61 \$145,506.29
188 \$145,506.29 \$439.93 \$0.00 \$822.71 \$146,768.93
189 \$146,768.93 \$439.93 \$0.00 \$829.85 \$148,038.71
190 \$148,038.71 \$439.93 \$0.00 \$837.03 \$149,315.67
191 \$149,315.67 \$439.93 \$0.00 \$844.25 \$150,599.85
192 \$150,599.85 \$439.93 \$0.00 \$851.51 \$151,891.29
193 \$151,891.29 \$439.93 \$0.00 \$858.82 \$153,190.04
194 \$153,190.04 \$439.93 \$0.00 \$866.16 \$154,496.13
195 \$154,496.13 \$439.93 \$0.00 \$873.54 \$155,809.60
196 \$155,809.60 \$439.93 \$0.00 \$880.97 \$157,130.50
197 \$157,130.50 \$439.93 \$0.00 \$888.44 \$158,458.87
198 \$158,458.87 \$439.93 \$0.00 \$895.95 \$159,794.75
199 \$159,794.75 \$439.93 \$0.00 \$903.50 \$161,138.18
200 \$161,138.18 \$439.93 \$0.00 \$911.10 \$162,489.21
201 \$162,489.21 \$439.93 \$0.00 \$918.74 \$163,847.88
202 \$163,847.88 \$439.93 \$0.00 \$926.42 \$165,214.23
203 \$165,214.23 \$439.93 \$0.00 \$934.15 \$166,588.31
204 \$166,588.31 \$439.93 \$0.00 \$941.91 \$167,970.15
205 \$167,970.15 \$439.93 \$0.00 \$949.73 \$169,359.81
206 \$169,359.81 \$439.93 \$0.00 \$957.58 \$170,757.32
207 \$170,757.32 \$439.93 \$0.00 \$965.49 \$172,162.74
208 \$172,162.74 \$439.93 \$0.00 \$973.43 \$173,576.10
209 \$173,576.10 \$439.93 \$0.00 \$981.42 \$174,997.45
210 \$174,997.45 \$439.93 \$0.00 \$989.46 \$176,426.84
211 \$176,426.84 \$439.93 \$0.00 \$997.54 \$177,864.31
212 \$177,864.31 \$439.93 \$0.00 \$1,005.67 \$179,309.91
213 \$179,309.91 \$439.93 \$0.00 \$1,013.84 \$180,763.68
214 \$180,763.68 \$439.93 \$0.00 \$1,022.06 \$182,225.67
215 \$182,225.67 \$439.93 \$0.00 \$1,030.33 \$183,695.93
216 \$183,695.93 \$439.93 \$0.00 \$1,038.64 \$185,174.50
217 \$185,174.50 \$439.93 \$51,576.26 \$1,047.00 \$135,085.17
218 \$135,085.17 \$439.93 \$0.00 \$763.79 \$136,288.89
219 \$136,288.89 \$439.93 \$0.00 \$770.60 \$137,499.42
220 \$137,499.42 \$439.93 \$0.00 \$777.44 \$138,716.79
221 \$138,716.79 \$439.93 \$0.00 \$784.32 \$139,941.04
222 \$139,941.04 \$439.93 \$0.00 \$791.25 \$141,172.22
223 \$141,172.22 \$439.93 \$0.00 \$798.21 \$142,410.36
224 \$142,410.36 \$439.93 \$0.00 \$805.21 \$143,655.50
225 \$143,655.50 \$439.93 \$0.00 \$812.25 \$144,907.68
226 \$144,907.68 \$439.93 \$0.00 \$819.33 \$146,166.94
227 \$146,166.94 \$439.93 \$0.00 \$826.45 \$147,433.32
228 \$147,433.32 \$439.93 \$0.00 \$833.61 \$148,706.86
229 \$148,706.86 \$439.93 \$54,155.07 \$840.81 \$95,832.53
230 \$95,832.53 \$439.93 \$0.00 \$541.85 \$96,814.31
231 \$96,814.31 \$439.93 \$0.00 \$547.40 \$97,801.64
232 \$97,801.64 \$439.93 \$0.00 \$552.98 \$98,794.55
233 \$98,794.55 \$439.93 \$0.00 \$558.60 \$99,793.08
234 \$99,793.08 \$439.93 \$0.00 \$564.24 \$100,797.25
235 \$100,797.25 \$439.93 \$0.00 \$569.92 \$101,807.10
236 \$101,807.10 \$439.93 \$0.00 \$575.63 \$102,822.66
237 \$102,822.66 \$439.93 \$0.00 \$581.37 \$103,843.96
238 \$103,843.96 \$439.93 \$0.00 \$587.15 \$104,871.04
239 \$104,871.04 \$439.93 \$0.00 \$592.96 \$105,903.93
240 \$105,903.93 \$439.93 \$0.00 \$598.80 \$106,942.66
241 \$106,942.66 \$439.93 \$56,862.82 \$604.67 \$51,124.44
242 \$51,124.44 \$439.93 \$0.00 \$289.07 \$51,853.44
243 \$51,853.44 \$439.93 \$0.00 \$293.19 \$52,586.56
244 \$52,586.56 \$439.93 \$0.00 \$297.33 \$53,323.82
245 \$53,323.82 \$439.93 \$0.00 \$301.50 \$54,065.25
246 \$54,065.25 \$439.93 \$0.00 \$305.69 \$54,810.87
247 \$54,810.87 \$439.93 \$0.00 \$309.91 \$55,560.71
248 \$55,560.71 \$439.93 \$0.00 \$314.15 \$56,314.79
249 \$56,314.79 \$439.93 \$0.00 \$318.41 \$57,073.13
250 \$57,073.13 \$439.93 \$0.00 \$322.70 \$57,835.76
251 \$57,835.76 \$439.93 \$0.00 \$327.01 \$58,602.70
252 \$58,602.70 \$439.93 \$0.00 \$331.35 \$59,373.98
253 \$59,373.98 \$0.00 \$59,705.96 \$335.71 \$3.73