How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $125,286 |
Monthly savings required | $992 |
How much will it cost to send your child to The College of Idaho in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $501,142.52 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $991.74 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 | $48,313.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 5% |
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 The College of Idaho in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $991.74 | $0.00 | $0.00 | $991.74 |
2 | $991.74 | $991.74 | $0.00 | $5.61 | $1,989.09 |
3 | $1,989.09 | $991.74 | $0.00 | $11.25 | $2,992.08 |
4 | $2,992.08 | $991.74 | $0.00 | $16.92 | $4,000.74 |
5 | $4,000.74 | $991.74 | $0.00 | $22.62 | $5,015.10 |
6 | $5,015.10 | $991.74 | $0.00 | $28.36 | $6,035.20 |
7 | $6,035.20 | $991.74 | $0.00 | $34.12 | $7,061.06 |
8 | $7,061.06 | $991.74 | $0.00 | $39.92 | $8,092.72 |
9 | $8,092.72 | $991.74 | $0.00 | $45.76 | $9,130.22 |
10 | $9,130.22 | $991.74 | $0.00 | $51.62 | $10,173.58 |
11 | $10,173.58 | $991.74 | $0.00 | $57.52 | $11,222.84 |
12 | $11,222.84 | $991.74 | $0.00 | $63.46 | $12,278.04 |
13 | $12,278.04 | $991.74 | $0.00 | $69.42 | $13,339.20 |
14 | $13,339.20 | $991.74 | $0.00 | $75.42 | $14,406.36 |
15 | $14,406.36 | $991.74 | $0.00 | $81.46 | $15,479.56 |
16 | $15,479.56 | $991.74 | $0.00 | $87.52 | $16,558.82 |
17 | $16,558.82 | $991.74 | $0.00 | $93.63 | $17,644.19 |
18 | $17,644.19 | $991.74 | $0.00 | $99.76 | $18,735.69 |
19 | $18,735.69 | $991.74 | $0.00 | $105.93 | $19,833.36 |
20 | $19,833.36 | $991.74 | $0.00 | $112.14 | $20,937.24 |
21 | $20,937.24 | $991.74 | $0.00 | $118.38 | $22,047.36 |
22 | $22,047.36 | $991.74 | $0.00 | $124.66 | $23,163.76 |
23 | $23,163.76 | $991.74 | $0.00 | $130.97 | $24,286.47 |
24 | $24,286.47 | $991.74 | $0.00 | $137.32 | $25,415.53 |
25 | $25,415.53 | $991.74 | $0.00 | $143.70 | $26,550.97 |
26 | $26,550.97 | $991.74 | $0.00 | $150.12 | $27,692.83 |
27 | $27,692.83 | $991.74 | $0.00 | $156.58 | $28,841.15 |
28 | $28,841.15 | $991.74 | $0.00 | $163.07 | $29,995.96 |
29 | $29,995.96 | $991.74 | $0.00 | $169.60 | $31,157.30 |
30 | $31,157.30 | $991.74 | $0.00 | $176.17 | $32,325.21 |
31 | $32,325.21 | $991.74 | $0.00 | $182.77 | $33,499.72 |
32 | $33,499.72 | $991.74 | $0.00 | $189.41 | $34,680.87 |
33 | $34,680.87 | $991.74 | $0.00 | $196.09 | $35,868.70 |
34 | $35,868.70 | $991.74 | $0.00 | $202.81 | $37,063.25 |
35 | $37,063.25 | $991.74 | $0.00 | $209.56 | $38,264.55 |
36 | $38,264.55 | $991.74 | $0.00 | $216.35 | $39,472.64 |
37 | $39,472.64 | $991.74 | $0.00 | $223.18 | $40,687.56 |
38 | $40,687.56 | $991.74 | $0.00 | $230.05 | $41,909.35 |
39 | $41,909.35 | $991.74 | $0.00 | $236.96 | $43,138.05 |
40 | $43,138.05 | $991.74 | $0.00 | $243.91 | $44,373.70 |
41 | $44,373.70 | $991.74 | $0.00 | $250.90 | $45,616.34 |
42 | $45,616.34 | $991.74 | $0.00 | $257.92 | $46,866.00 |
43 | $46,866.00 | $991.74 | $0.00 | $264.99 | $48,122.73 |
44 | $48,122.73 | $991.74 | $0.00 | $272.09 | $49,386.56 |
45 | $49,386.56 | $991.74 | $0.00 | $279.24 | $50,657.54 |
46 | $50,657.54 | $991.74 | $0.00 | $286.43 | $51,935.71 |
47 | $51,935.71 | $991.74 | $0.00 | $293.65 | $53,221.10 |
48 | $53,221.10 | $991.74 | $0.00 | $300.92 | $54,513.76 |
49 | $54,513.76 | $991.74 | $0.00 | $308.23 | $55,813.73 |
50 | $55,813.73 | $991.74 | $0.00 | $315.58 | $57,121.05 |
51 | $57,121.05 | $991.74 | $0.00 | $322.97 | $58,435.76 |
52 | $58,435.76 | $991.74 | $0.00 | $330.40 | $59,757.90 |
53 | $59,757.90 | $991.74 | $0.00 | $337.88 | $61,087.52 |
54 | $61,087.52 | $991.74 | $0.00 | $345.40 | $62,424.66 |
55 | $62,424.66 | $991.74 | $0.00 | $352.96 | $63,769.36 |
56 | $63,769.36 | $991.74 | $0.00 | $360.56 | $65,121.66 |
57 | $65,121.66 | $991.74 | $0.00 | $368.21 | $66,481.61 |
58 | $66,481.61 | $991.74 | $0.00 | $375.90 | $67,849.25 |
59 | $67,849.25 | $991.74 | $0.00 | $383.63 | $69,224.62 |
60 | $69,224.62 | $991.74 | $0.00 | $391.41 | $70,607.77 |
61 | $70,607.77 | $991.74 | $0.00 | $399.23 | $71,998.74 |
62 | $71,998.74 | $991.74 | $0.00 | $407.09 | $73,397.57 |
63 | $73,397.57 | $991.74 | $0.00 | $415.00 | $74,804.31 |
64 | $74,804.31 | $991.74 | $0.00 | $422.95 | $76,219.00 |
65 | $76,219.00 | $991.74 | $0.00 | $430.95 | $77,641.69 |
66 | $77,641.69 | $991.74 | $0.00 | $439.00 | $79,072.43 |
67 | $79,072.43 | $991.74 | $0.00 | $447.09 | $80,511.26 |
68 | $80,511.26 | $991.74 | $0.00 | $455.22 | $81,958.22 |
69 | $81,958.22 | $991.74 | $0.00 | $463.40 | $83,413.36 |
70 | $83,413.36 | $991.74 | $0.00 | $471.63 | $84,876.73 |
71 | $84,876.73 | $991.74 | $0.00 | $479.91 | $86,348.38 |
72 | $86,348.38 | $991.74 | $0.00 | $488.23 | $87,828.35 |
73 | $87,828.35 | $991.74 | $0.00 | $496.59 | $89,316.68 |
74 | $89,316.68 | $991.74 | $0.00 | $505.01 | $90,813.43 |
75 | $90,813.43 | $991.74 | $0.00 | $513.47 | $92,318.64 |
76 | $92,318.64 | $991.74 | $0.00 | $521.98 | $93,832.36 |
77 | $93,832.36 | $991.74 | $0.00 | $530.54 | $95,354.64 |
78 | $95,354.64 | $991.74 | $0.00 | $539.15 | $96,885.53 |
79 | $96,885.53 | $991.74 | $0.00 | $547.80 | $98,425.07 |
80 | $98,425.07 | $991.74 | $0.00 | $556.51 | $99,973.32 |
81 | $99,973.32 | $991.74 | $0.00 | $565.26 | $101,530.32 |
82 | $101,530.32 | $991.74 | $0.00 | $574.07 | $103,096.13 |
83 | $103,096.13 | $991.74 | $0.00 | $582.92 | $104,670.79 |
84 | $104,670.79 | $991.74 | $0.00 | $591.82 | $106,254.35 |
85 | $106,254.35 | $991.74 | $0.00 | $600.78 | $107,846.87 |
86 | $107,846.87 | $991.74 | $0.00 | $609.78 | $109,448.39 |
87 | $109,448.39 | $991.74 | $0.00 | $618.84 | $111,058.97 |
88 | $111,058.97 | $991.74 | $0.00 | $627.94 | $112,678.65 |
89 | $112,678.65 | $991.74 | $0.00 | $637.10 | $114,307.49 |
90 | $114,307.49 | $991.74 | $0.00 | $646.31 | $115,945.54 |
91 | $115,945.54 | $991.74 | $0.00 | $655.57 | $117,592.85 |
92 | $117,592.85 | $991.74 | $0.00 | $664.89 | $119,249.48 |
93 | $119,249.48 | $991.74 | $0.00 | $674.25 | $120,915.47 |
94 | $120,915.47 | $991.74 | $0.00 | $683.67 | $122,590.88 |
95 | $122,590.88 | $991.74 | $0.00 | $693.15 | $124,275.77 |
96 | $124,275.77 | $991.74 | $0.00 | $702.67 | $125,970.18 |
97 | $125,970.18 | $991.74 | $0.00 | $712.25 | $127,674.17 |
98 | $127,674.17 | $991.74 | $0.00 | $721.89 | $129,387.80 |
99 | $129,387.80 | $991.74 | $0.00 | $731.58 | $131,111.12 |
100 | $131,111.12 | $991.74 | $0.00 | $741.32 | $132,844.18 |
101 | $132,844.18 | $991.74 | $0.00 | $751.12 | $134,587.04 |
102 | $134,587.04 | $991.74 | $0.00 | $760.97 | $136,339.75 |
103 | $136,339.75 | $991.74 | $0.00 | $770.88 | $138,102.37 |
104 | $138,102.37 | $991.74 | $0.00 | $780.85 | $139,874.96 |
105 | $139,874.96 | $991.74 | $0.00 | $790.87 | $141,657.57 |
106 | $141,657.57 | $991.74 | $0.00 | $800.95 | $143,450.26 |
107 | $143,450.26 | $991.74 | $0.00 | $811.09 | $145,253.09 |
108 | $145,253.09 | $991.74 | $0.00 | $821.28 | $147,066.11 |
109 | $147,066.11 | $991.74 | $0.00 | $831.53 | $148,889.38 |
110 | $148,889.38 | $991.74 | $0.00 | $841.84 | $150,722.96 |
111 | $150,722.96 | $991.74 | $0.00 | $852.21 | $152,566.91 |
112 | $152,566.91 | $991.74 | $0.00 | $862.64 | $154,421.29 |
113 | $154,421.29 | $991.74 | $0.00 | $873.12 | $156,286.15 |
114 | $156,286.15 | $991.74 | $0.00 | $883.66 | $158,161.55 |
115 | $158,161.55 | $991.74 | $0.00 | $894.27 | $160,047.56 |
116 | $160,047.56 | $991.74 | $0.00 | $904.93 | $161,944.23 |
117 | $161,944.23 | $991.74 | $0.00 | $915.66 | $163,851.63 |
118 | $163,851.63 | $991.74 | $0.00 | $926.44 | $165,769.81 |
119 | $165,769.81 | $991.74 | $0.00 | $937.29 | $167,698.84 |
120 | $167,698.84 | $991.74 | $0.00 | $948.19 | $169,638.77 |
121 | $169,638.77 | $991.74 | $0.00 | $959.16 | $171,589.67 |
122 | $171,589.67 | $991.74 | $0.00 | $970.19 | $173,551.60 |
123 | $173,551.60 | $991.74 | $0.00 | $981.29 | $175,524.63 |
124 | $175,524.63 | $991.74 | $0.00 | $992.44 | $177,508.81 |
125 | $177,508.81 | $991.74 | $0.00 | $1,003.66 | $179,504.21 |
126 | $179,504.21 | $991.74 | $0.00 | $1,014.94 | $181,510.89 |
127 | $181,510.89 | $991.74 | $0.00 | $1,026.29 | $183,528.92 |
128 | $183,528.92 | $991.74 | $0.00 | $1,037.70 | $185,558.36 |
129 | $185,558.36 | $991.74 | $0.00 | $1,049.17 | $187,599.27 |
130 | $187,599.27 | $991.74 | $0.00 | $1,060.71 | $189,651.72 |
131 | $189,651.72 | $991.74 | $0.00 | $1,072.32 | $191,715.78 |
132 | $191,715.78 | $991.74 | $0.00 | $1,083.99 | $193,791.51 |
133 | $193,791.51 | $991.74 | $0.00 | $1,095.73 | $195,878.98 |
134 | $195,878.98 | $991.74 | $0.00 | $1,107.53 | $197,978.25 |
135 | $197,978.25 | $991.74 | $0.00 | $1,119.40 | $200,089.39 |
136 | $200,089.39 | $991.74 | $0.00 | $1,131.33 | $202,212.46 |
137 | $202,212.46 | $991.74 | $0.00 | $1,143.34 | $204,347.54 |
138 | $204,347.54 | $991.74 | $0.00 | $1,155.41 | $206,494.69 |
139 | $206,494.69 | $991.74 | $0.00 | $1,167.55 | $208,653.98 |
140 | $208,653.98 | $991.74 | $0.00 | $1,179.76 | $210,825.48 |
141 | $210,825.48 | $991.74 | $0.00 | $1,192.04 | $213,009.26 |
142 | $213,009.26 | $991.74 | $0.00 | $1,204.39 | $215,205.39 |
143 | $215,205.39 | $991.74 | $0.00 | $1,216.80 | $217,413.93 |
144 | $217,413.93 | $991.74 | $0.00 | $1,229.29 | $219,634.96 |
145 | $219,634.96 | $991.74 | $0.00 | $1,241.85 | $221,868.55 |
146 | $221,868.55 | $991.74 | $0.00 | $1,254.48 | $224,114.77 |
147 | $224,114.77 | $991.74 | $0.00 | $1,267.18 | $226,373.69 |
148 | $226,373.69 | $991.74 | $0.00 | $1,279.95 | $228,645.38 |
149 | $228,645.38 | $991.74 | $0.00 | $1,292.79 | $230,929.91 |
150 | $230,929.91 | $991.74 | $0.00 | $1,305.71 | $233,227.36 |
151 | $233,227.36 | $991.74 | $0.00 | $1,318.70 | $235,537.80 |
152 | $235,537.80 | $991.74 | $0.00 | $1,331.76 | $237,861.30 |
153 | $237,861.30 | $991.74 | $0.00 | $1,344.90 | $240,197.94 |
154 | $240,197.94 | $991.74 | $0.00 | $1,358.11 | $242,547.79 |
155 | $242,547.79 | $991.74 | $0.00 | $1,371.40 | $244,910.93 |
156 | $244,910.93 | $991.74 | $0.00 | $1,384.76 | $247,287.43 |
157 | $247,287.43 | $991.74 | $0.00 | $1,398.20 | $249,677.37 |
158 | $249,677.37 | $991.74 | $0.00 | $1,411.71 | $252,080.82 |
159 | $252,080.82 | $991.74 | $0.00 | $1,425.30 | $254,497.86 |
160 | $254,497.86 | $991.74 | $0.00 | $1,438.97 | $256,928.57 |
161 | $256,928.57 | $991.74 | $0.00 | $1,452.71 | $259,373.02 |
162 | $259,373.02 | $991.74 | $0.00 | $1,466.53 | $261,831.29 |
163 | $261,831.29 | $991.74 | $0.00 | $1,480.43 | $264,303.46 |
164 | $264,303.46 | $991.74 | $0.00 | $1,494.41 | $266,789.61 |
165 | $266,789.61 | $991.74 | $0.00 | $1,508.47 | $269,289.82 |
166 | $269,289.82 | $991.74 | $0.00 | $1,522.60 | $271,804.16 |
167 | $271,804.16 | $991.74 | $0.00 | $1,536.82 | $274,332.72 |
168 | $274,332.72 | $991.74 | $0.00 | $1,551.12 | $276,875.58 |
169 | $276,875.58 | $991.74 | $0.00 | $1,565.49 | $279,432.81 |
170 | $279,432.81 | $991.74 | $0.00 | $1,579.95 | $282,004.50 |
171 | $282,004.50 | $991.74 | $0.00 | $1,594.49 | $284,590.73 |
172 | $284,590.73 | $991.74 | $0.00 | $1,609.12 | $287,191.59 |
173 | $287,191.59 | $991.74 | $0.00 | $1,623.82 | $289,807.15 |
174 | $289,807.15 | $991.74 | $0.00 | $1,638.61 | $292,437.50 |
175 | $292,437.50 | $991.74 | $0.00 | $1,653.48 | $295,082.72 |
176 | $295,082.72 | $991.74 | $0.00 | $1,668.44 | $297,742.90 |
177 | $297,742.90 | $991.74 | $0.00 | $1,683.48 | $300,418.12 |
178 | $300,418.12 | $991.74 | $0.00 | $1,698.61 | $303,108.47 |
179 | $303,108.47 | $991.74 | $0.00 | $1,713.82 | $305,814.03 |
180 | $305,814.03 | $991.74 | $0.00 | $1,729.12 | $308,534.89 |
181 | $308,534.89 | $991.74 | $0.00 | $1,744.50 | $311,271.13 |
182 | $311,271.13 | $991.74 | $0.00 | $1,759.97 | $314,022.84 |
183 | $314,022.84 | $991.74 | $0.00 | $1,775.53 | $316,790.11 |
184 | $316,790.11 | $991.74 | $0.00 | $1,791.18 | $319,573.03 |
185 | $319,573.03 | $991.74 | $0.00 | $1,806.91 | $322,371.68 |
186 | $322,371.68 | $991.74 | $0.00 | $1,822.74 | $325,186.16 |
187 | $325,186.16 | $991.74 | $0.00 | $1,838.65 | $328,016.55 |
188 | $328,016.55 | $991.74 | $0.00 | $1,854.65 | $330,862.94 |
189 | $330,862.94 | $991.74 | $0.00 | $1,870.75 | $333,725.43 |
190 | $333,725.43 | $991.74 | $0.00 | $1,886.93 | $336,604.10 |
191 | $336,604.10 | $991.74 | $0.00 | $1,903.21 | $339,499.05 |
192 | $339,499.05 | $991.74 | $0.00 | $1,919.58 | $342,410.37 |
193 | $342,410.37 | $991.74 | $0.00 | $1,936.04 | $345,338.15 |
194 | $345,338.15 | $991.74 | $0.00 | $1,952.59 | $348,282.48 |
195 | $348,282.48 | $991.74 | $0.00 | $1,969.24 | $351,243.46 |
196 | $351,243.46 | $991.74 | $0.00 | $1,985.98 | $354,221.18 |
197 | $354,221.18 | $991.74 | $0.00 | $2,002.82 | $357,215.74 |
198 | $357,215.74 | $991.74 | $0.00 | $2,019.75 | $360,227.23 |
199 | $360,227.23 | $991.74 | $0.00 | $2,036.78 | $363,255.75 |
200 | $363,255.75 | $991.74 | $0.00 | $2,053.90 | $366,301.39 |
201 | $366,301.39 | $991.74 | $0.00 | $2,071.12 | $369,364.25 |
202 | $369,364.25 | $991.74 | $0.00 | $2,088.44 | $372,444.43 |
203 | $372,444.43 | $991.74 | $0.00 | $2,105.85 | $375,542.02 |
204 | $375,542.02 | $991.74 | $0.00 | $2,123.37 | $378,657.13 |
205 | $378,657.13 | $991.74 | $0.00 | $2,140.98 | $381,789.85 |
206 | $381,789.85 | $991.74 | $0.00 | $2,158.70 | $384,940.29 |
207 | $384,940.29 | $991.74 | $0.00 | $2,176.51 | $388,108.54 |
208 | $388,108.54 | $991.74 | $0.00 | $2,194.42 | $391,294.70 |
209 | $391,294.70 | $991.74 | $0.00 | $2,212.44 | $394,498.88 |
210 | $394,498.88 | $991.74 | $0.00 | $2,230.55 | $397,721.17 |
211 | $397,721.17 | $991.74 | $0.00 | $2,248.77 | $400,961.68 |
212 | $400,961.68 | $991.74 | $0.00 | $2,267.10 | $404,220.52 |
213 | $404,220.52 | $991.74 | $0.00 | $2,285.52 | $407,497.78 |
214 | $407,497.78 | $991.74 | $0.00 | $2,304.05 | $410,793.57 |
215 | $410,793.57 | $991.74 | $0.00 | $2,322.69 | $414,108.00 |
216 | $414,108.00 | $991.74 | $0.00 | $2,341.43 | $417,441.17 |
217 | $417,441.17 | $991.74 | $116,271.00 | $2,360.27 | $304,522.18 |
218 | $304,522.18 | $991.74 | $0.00 | $1,721.81 | $307,235.73 |
219 | $307,235.73 | $991.74 | $0.00 | $1,737.16 | $309,964.63 |
220 | $309,964.63 | $991.74 | $0.00 | $1,752.59 | $312,708.96 |
221 | $312,708.96 | $991.74 | $0.00 | $1,768.10 | $315,468.80 |
222 | $315,468.80 | $991.74 | $0.00 | $1,783.71 | $318,244.25 |
223 | $318,244.25 | $991.74 | $0.00 | $1,799.40 | $321,035.39 |
224 | $321,035.39 | $991.74 | $0.00 | $1,815.18 | $323,842.31 |
225 | $323,842.31 | $991.74 | $0.00 | $1,831.05 | $326,665.10 |
226 | $326,665.10 | $991.74 | $0.00 | $1,847.01 | $329,503.85 |
227 | $329,503.85 | $991.74 | $0.00 | $1,863.06 | $332,358.65 |
228 | $332,358.65 | $991.74 | $0.00 | $1,879.20 | $335,229.59 |
229 | $335,229.59 | $991.74 | $122,084.54 | $1,895.44 | $216,032.23 |
230 | $216,032.23 | $991.74 | $0.00 | $1,221.48 | $218,245.45 |
231 | $218,245.45 | $991.74 | $0.00 | $1,233.99 | $220,471.18 |
232 | $220,471.18 | $991.74 | $0.00 | $1,246.58 | $222,709.50 |
233 | $222,709.50 | $991.74 | $0.00 | $1,259.23 | $224,960.47 |
234 | $224,960.47 | $991.74 | $0.00 | $1,271.96 | $227,224.17 |
235 | $227,224.17 | $991.74 | $0.00 | $1,284.76 | $229,500.67 |
236 | $229,500.67 | $991.74 | $0.00 | $1,297.63 | $231,790.04 |
237 | $231,790.04 | $991.74 | $0.00 | $1,310.57 | $234,092.35 |
238 | $234,092.35 | $991.74 | $0.00 | $1,323.59 | $236,407.68 |
239 | $236,407.68 | $991.74 | $0.00 | $1,336.68 | $238,736.10 |
240 | $238,736.10 | $991.74 | $0.00 | $1,349.85 | $241,077.69 |
241 | $241,077.69 | $991.74 | $128,188.77 | $1,363.09 | $115,243.75 |
242 | $115,243.75 | $991.74 | $0.00 | $651.60 | $116,887.09 |
243 | $116,887.09 | $991.74 | $0.00 | $660.90 | $118,539.73 |
244 | $118,539.73 | $991.74 | $0.00 | $670.24 | $120,201.71 |
245 | $120,201.71 | $991.74 | $0.00 | $679.64 | $121,873.09 |
246 | $121,873.09 | $991.74 | $0.00 | $689.09 | $123,553.92 |
247 | $123,553.92 | $991.74 | $0.00 | $698.59 | $125,244.25 |
248 | $125,244.25 | $991.74 | $0.00 | $708.15 | $126,944.14 |
249 | $126,944.14 | $991.74 | $0.00 | $717.76 | $128,653.64 |
250 | $128,653.64 | $991.74 | $0.00 | $727.43 | $130,372.81 |
251 | $130,372.81 | $991.74 | $0.00 | $737.15 | $132,101.70 |
252 | $132,101.70 | $991.74 | $0.00 | $746.92 | $133,840.36 |
253 | $133,840.36 | $0.00 | $134,598.21 | $756.75 | ($1.10) |