Savings Plan and Future Cost Estimation for University of Idaho

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$56,584
Monthly savings required$448

How much will it cost to send your child to University of Idaho in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $226,335.14 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $447.92 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$21,820.00
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 Idaho in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $447.92 $0.00 $0.00 $447.92
2 $447.92 $447.92 $0.00 $2.53 $898.37
3 $898.37 $447.92 $0.00 $5.08 $1,351.37
4 $1,351.37 $447.92 $0.00 $7.64 $1,806.93
5 $1,806.93 $447.92 $0.00 $10.22 $2,265.07
6 $2,265.07 $447.92 $0.00 $12.81 $2,725.80
7 $2,725.80 $447.92 $0.00 $15.41 $3,189.13
8 $3,189.13 $447.92 $0.00 $18.03 $3,655.08
9 $3,655.08 $447.92 $0.00 $20.67 $4,123.67
10 $4,123.67 $447.92 $0.00 $23.32 $4,594.91
11 $4,594.91 $447.92 $0.00 $25.98 $5,068.81
12 $5,068.81 $447.92 $0.00 $28.66 $5,545.39
13 $5,545.39 $447.92 $0.00 $31.35 $6,024.66
14 $6,024.66 $447.92 $0.00 $34.06 $6,506.64
15 $6,506.64 $447.92 $0.00 $36.79 $6,991.35
16 $6,991.35 $447.92 $0.00 $39.53 $7,478.80
17 $7,478.80 $447.92 $0.00 $42.29 $7,969.01
18 $7,969.01 $447.92 $0.00 $45.06 $8,461.99
19 $8,461.99 $447.92 $0.00 $47.85 $8,957.76
20 $8,957.76 $447.92 $0.00 $50.65 $9,456.33
21 $9,456.33 $447.92 $0.00 $53.47 $9,957.72
22 $9,957.72 $447.92 $0.00 $56.30 $10,461.94
23 $10,461.94 $447.92 $0.00 $59.15 $10,969.01
24 $10,969.01 $447.92 $0.00 $62.02 $11,478.95
25 $11,478.95 $447.92 $0.00 $64.90 $11,991.77
26 $11,991.77 $447.92 $0.00 $67.80 $12,507.49
27 $12,507.49 $447.92 $0.00 $70.72 $13,026.13
28 $13,026.13 $447.92 $0.00 $73.65 $13,547.70
29 $13,547.70 $447.92 $0.00 $76.60 $14,072.22
30 $14,072.22 $447.92 $0.00 $79.57 $14,599.71
31 $14,599.71 $447.92 $0.00 $82.55 $15,130.18
32 $15,130.18 $447.92 $0.00 $85.55 $15,663.65
33 $15,663.65 $447.92 $0.00 $88.56 $16,200.13
34 $16,200.13 $447.92 $0.00 $91.60 $16,739.65
35 $16,739.65 $447.92 $0.00 $94.65 $17,282.22
36 $17,282.22 $447.92 $0.00 $97.72 $17,827.86
37 $17,827.86 $447.92 $0.00 $100.80 $18,376.58
38 $18,376.58 $447.92 $0.00 $103.90 $18,928.40
39 $18,928.40 $447.92 $0.00 $107.02 $19,483.34
40 $19,483.34 $447.92 $0.00 $110.16 $20,041.42
41 $20,041.42 $447.92 $0.00 $113.32 $20,602.66
42 $20,602.66 $447.92 $0.00 $116.49 $21,167.07
43 $21,167.07 $447.92 $0.00 $119.68 $21,734.67
44 $21,734.67 $447.92 $0.00 $122.89 $22,305.48
45 $22,305.48 $447.92 $0.00 $126.12 $22,879.52
46 $22,879.52 $447.92 $0.00 $129.36 $23,456.80
47 $23,456.80 $447.92 $0.00 $132.63 $24,037.35
48 $24,037.35 $447.92 $0.00 $135.91 $24,621.18
49 $24,621.18 $447.92 $0.00 $139.21 $25,208.31
50 $25,208.31 $447.92 $0.00 $142.53 $25,798.76
51 $25,798.76 $447.92 $0.00 $145.87 $26,392.55
52 $26,392.55 $447.92 $0.00 $149.23 $26,989.70
53 $26,989.70 $447.92 $0.00 $152.60 $27,590.22
54 $27,590.22 $447.92 $0.00 $156.00 $28,194.14
55 $28,194.14 $447.92 $0.00 $159.41 $28,801.47
56 $28,801.47 $447.92 $0.00 $162.85 $29,412.24
57 $29,412.24 $447.92 $0.00 $166.30 $30,026.46
58 $30,026.46 $447.92 $0.00 $169.77 $30,644.15
59 $30,644.15 $447.92 $0.00 $173.27 $31,265.34
60 $31,265.34 $447.92 $0.00 $176.78 $31,890.04
61 $31,890.04 $447.92 $0.00 $180.31 $32,518.27
62 $32,518.27 $447.92 $0.00 $183.86 $33,150.05
63 $33,150.05 $447.92 $0.00 $187.44 $33,785.41
64 $33,785.41 $447.92 $0.00 $191.03 $34,424.36
65 $34,424.36 $447.92 $0.00 $194.64 $35,066.92
66 $35,066.92 $447.92 $0.00 $198.27 $35,713.11
67 $35,713.11 $447.92 $0.00 $201.93 $36,362.96
68 $36,362.96 $447.92 $0.00 $205.60 $37,016.48
69 $37,016.48 $447.92 $0.00 $209.30 $37,673.70
70 $37,673.70 $447.92 $0.00 $213.01 $38,334.63
71 $38,334.63 $447.92 $0.00 $216.75 $38,999.30
72 $38,999.30 $447.92 $0.00 $220.51 $39,667.73
73 $39,667.73 $447.92 $0.00 $224.29 $40,339.94
74 $40,339.94 $447.92 $0.00 $228.09 $41,015.95
75 $41,015.95 $447.92 $0.00 $231.91 $41,695.78
76 $41,695.78 $447.92 $0.00 $235.75 $42,379.45
77 $42,379.45 $447.92 $0.00 $239.62 $43,066.99
78 $43,066.99 $447.92 $0.00 $243.51 $43,758.42
79 $43,758.42 $447.92 $0.00 $247.42 $44,453.76
80 $44,453.76 $447.92 $0.00 $251.35 $45,153.03
81 $45,153.03 $447.92 $0.00 $255.30 $45,856.25
82 $45,856.25 $447.92 $0.00 $259.28 $46,563.45
83 $46,563.45 $447.92 $0.00 $263.28 $47,274.65
84 $47,274.65 $447.92 $0.00 $267.30 $47,989.87
85 $47,989.87 $447.92 $0.00 $271.34 $48,709.13
86 $48,709.13 $447.92 $0.00 $275.41 $49,432.46
87 $49,432.46 $447.92 $0.00 $279.50 $50,159.88
88 $50,159.88 $447.92 $0.00 $283.61 $50,891.41
89 $50,891.41 $447.92 $0.00 $287.75 $51,627.08
90 $51,627.08 $447.92 $0.00 $291.91 $52,366.91
91 $52,366.91 $447.92 $0.00 $296.09 $53,110.92
92 $53,110.92 $447.92 $0.00 $300.30 $53,859.14
93 $53,859.14 $447.92 $0.00 $304.53 $54,611.59
94 $54,611.59 $447.92 $0.00 $308.78 $55,368.29
95 $55,368.29 $447.92 $0.00 $313.06 $56,129.27
96 $56,129.27 $447.92 $0.00 $317.36 $56,894.55
97 $56,894.55 $447.92 $0.00 $321.69 $57,664.16
98 $57,664.16 $447.92 $0.00 $326.04 $58,438.12
99 $58,438.12 $447.92 $0.00 $330.42 $59,216.46
100 $59,216.46 $447.92 $0.00 $334.82 $59,999.20
101 $59,999.20 $447.92 $0.00 $339.24 $60,786.36
102 $60,786.36 $447.92 $0.00 $343.69 $61,577.97
103 $61,577.97 $447.92 $0.00 $348.17 $62,374.06
104 $62,374.06 $447.92 $0.00 $352.67 $63,174.65
105 $63,174.65 $447.92 $0.00 $357.20 $63,979.77
106 $63,979.77 $447.92 $0.00 $361.75 $64,789.44
107 $64,789.44 $447.92 $0.00 $366.33 $65,603.69
108 $65,603.69 $447.92 $0.00 $370.93 $66,422.54
109 $66,422.54 $447.92 $0.00 $375.56 $67,246.02
110 $67,246.02 $447.92 $0.00 $380.22 $68,074.16
111 $68,074.16 $447.92 $0.00 $384.90 $68,906.98
112 $68,906.98 $447.92 $0.00 $389.61 $69,744.51
113 $69,744.51 $447.92 $0.00 $394.35 $70,586.78
114 $70,586.78 $447.92 $0.00 $399.11 $71,433.81
115 $71,433.81 $447.92 $0.00 $403.90 $72,285.63
116 $72,285.63 $447.92 $0.00 $408.71 $73,142.26
117 $73,142.26 $447.92 $0.00 $413.56 $74,003.74
118 $74,003.74 $447.92 $0.00 $418.43 $74,870.09
119 $74,870.09 $447.92 $0.00 $423.33 $75,741.34
120 $75,741.34 $447.92 $0.00 $428.25 $76,617.51
121 $76,617.51 $447.92 $0.00 $433.21 $77,498.64
122 $77,498.64 $447.92 $0.00 $438.19 $78,384.75
123 $78,384.75 $447.92 $0.00 $443.20 $79,275.87
124 $79,275.87 $447.92 $0.00 $448.24 $80,172.03
125 $80,172.03 $447.92 $0.00 $453.30 $81,073.25
126 $81,073.25 $447.92 $0.00 $458.40 $81,979.57
127 $81,979.57 $447.92 $0.00 $463.52 $82,891.01
128 $82,891.01 $447.92 $0.00 $468.68 $83,807.61
129 $83,807.61 $447.92 $0.00 $473.86 $84,729.39
130 $84,729.39 $447.92 $0.00 $479.07 $85,656.38
131 $85,656.38 $447.92 $0.00 $484.31 $86,588.61
132 $86,588.61 $447.92 $0.00 $489.58 $87,526.11
133 $87,526.11 $447.92 $0.00 $494.89 $88,468.92
134 $88,468.92 $447.92 $0.00 $500.22 $89,417.06
135 $89,417.06 $447.92 $0.00 $505.58 $90,370.56
136 $90,370.56 $447.92 $0.00 $510.97 $91,329.45
137 $91,329.45 $447.92 $0.00 $516.39 $92,293.76
138 $92,293.76 $447.92 $0.00 $521.84 $93,263.52
139 $93,263.52 $447.92 $0.00 $527.33 $94,238.77
140 $94,238.77 $447.92 $0.00 $532.84 $95,219.53
141 $95,219.53 $447.92 $0.00 $538.39 $96,205.84
142 $96,205.84 $447.92 $0.00 $543.96 $97,197.72
143 $97,197.72 $447.92 $0.00 $549.57 $98,195.21
144 $98,195.21 $447.92 $0.00 $555.21 $99,198.34
145 $99,198.34 $447.92 $0.00 $560.88 $100,207.14
146 $100,207.14 $447.92 $0.00 $566.59 $101,221.65
147 $101,221.65 $447.92 $0.00 $572.32 $102,241.89
148 $102,241.89 $447.92 $0.00 $578.09 $103,267.90
149 $103,267.90 $447.92 $0.00 $583.89 $104,299.71
150 $104,299.71 $447.92 $0.00 $589.73 $105,337.36
151 $105,337.36 $447.92 $0.00 $595.59 $106,380.87
152 $106,380.87 $447.92 $0.00 $601.49 $107,430.28
153 $107,430.28 $447.92 $0.00 $607.43 $108,485.63
154 $108,485.63 $447.92 $0.00 $613.39 $109,546.94
155 $109,546.94 $447.92 $0.00 $619.39 $110,614.25
156 $110,614.25 $447.92 $0.00 $625.43 $111,687.60
157 $111,687.60 $447.92 $0.00 $631.50 $112,767.02
158 $112,767.02 $447.92 $0.00 $637.60 $113,852.54
159 $113,852.54 $447.92 $0.00 $643.74 $114,944.20
160 $114,944.20 $447.92 $0.00 $649.91 $116,042.03
161 $116,042.03 $447.92 $0.00 $656.12 $117,146.07
162 $117,146.07 $447.92 $0.00 $662.36 $118,256.35
163 $118,256.35 $447.92 $0.00 $668.64 $119,372.91
164 $119,372.91 $447.92 $0.00 $674.95 $120,495.78
165 $120,495.78 $447.92 $0.00 $681.30 $121,625.00
166 $121,625.00 $447.92 $0.00 $687.69 $122,760.61
167 $122,760.61 $447.92 $0.00 $694.11 $123,902.64
168 $123,902.64 $447.92 $0.00 $700.56 $125,051.12
169 $125,051.12 $447.92 $0.00 $707.06 $126,206.10
170 $126,206.10 $447.92 $0.00 $713.59 $127,367.61
171 $127,367.61 $447.92 $0.00 $720.15 $128,535.68
172 $128,535.68 $447.92 $0.00 $726.76 $129,710.36
173 $129,710.36 $447.92 $0.00 $733.40 $130,891.68
174 $130,891.68 $447.92 $0.00 $740.08 $132,079.68
175 $132,079.68 $447.92 $0.00 $746.80 $133,274.40
176 $133,274.40 $447.92 $0.00 $753.55 $134,475.87
177 $134,475.87 $447.92 $0.00 $760.35 $135,684.14
178 $135,684.14 $447.92 $0.00 $767.18 $136,899.24
179 $136,899.24 $447.92 $0.00 $774.05 $138,121.21
180 $138,121.21 $447.92 $0.00 $780.96 $139,350.09
181 $139,350.09 $447.92 $0.00 $787.91 $140,585.92
182 $140,585.92 $447.92 $0.00 $794.89 $141,828.73
183 $141,828.73 $447.92 $0.00 $801.92 $143,078.57
184 $143,078.57 $447.92 $0.00 $808.99 $144,335.48
185 $144,335.48 $447.92 $0.00 $816.09 $145,599.49
186 $145,599.49 $447.92 $0.00 $823.24 $146,870.65
187 $146,870.65 $447.92 $0.00 $830.43 $148,149.00
188 $148,149.00 $447.92 $0.00 $837.66 $149,434.58
189 $149,434.58 $447.92 $0.00 $844.92 $150,727.42
190 $150,727.42 $447.92 $0.00 $852.23 $152,027.57
191 $152,027.57 $447.92 $0.00 $859.59 $153,335.08
192 $153,335.08 $447.92 $0.00 $866.98 $154,649.98
193 $154,649.98 $447.92 $0.00 $874.41 $155,972.31
194 $155,972.31 $447.92 $0.00 $881.89 $157,302.12
195 $157,302.12 $447.92 $0.00 $889.41 $158,639.45
196 $158,639.45 $447.92 $0.00 $896.97 $159,984.34
197 $159,984.34 $447.92 $0.00 $904.57 $161,336.83
198 $161,336.83 $447.92 $0.00 $912.22 $162,696.97
199 $162,696.97 $447.92 $0.00 $919.91 $164,064.80
200 $164,064.80 $447.92 $0.00 $927.65 $165,440.37
201 $165,440.37 $447.92 $0.00 $935.42 $166,823.71
202 $166,823.71 $447.92 $0.00 $943.25 $168,214.88
203 $168,214.88 $447.92 $0.00 $951.11 $169,613.91
204 $169,613.91 $447.92 $0.00 $959.02 $171,020.85
205 $171,020.85 $447.92 $0.00 $966.98 $172,435.75
206 $172,435.75 $447.92 $0.00 $974.98 $173,858.65
207 $173,858.65 $447.92 $0.00 $983.02 $175,289.59
208 $175,289.59 $447.92 $0.00 $991.11 $176,728.62
209 $176,728.62 $447.92 $0.00 $999.25 $178,175.79
210 $178,175.79 $447.92 $0.00 $1,007.43 $179,631.14
211 $179,631.14 $447.92 $0.00 $1,015.66 $181,094.72
212 $181,094.72 $447.92 $0.00 $1,023.94 $182,566.58
213 $182,566.58 $447.92 $0.00 $1,032.26 $184,046.76
214 $184,046.76 $447.92 $0.00 $1,040.63 $185,535.31
215 $185,535.31 $447.92 $0.00 $1,049.04 $187,032.27
216 $187,032.27 $447.92 $0.00 $1,057.51 $188,537.70
217 $188,537.70 $447.92 $52,512.43 $1,066.02 $137,539.21
218 $137,539.21 $447.92 $0.00 $777.67 $138,764.80
219 $138,764.80 $447.92 $0.00 $784.60 $139,997.32
220 $139,997.32 $447.92 $0.00 $791.57 $141,236.81
221 $141,236.81 $447.92 $0.00 $798.57 $142,483.30
222 $142,483.30 $447.92 $0.00 $805.62 $143,736.84
223 $143,736.84 $447.92 $0.00 $812.71 $144,997.47
224 $144,997.47 $447.92 $0.00 $819.84 $146,265.23
225 $146,265.23 $447.92 $0.00 $827.00 $147,540.15
226 $147,540.15 $447.92 $0.00 $834.21 $148,822.28
227 $148,822.28 $447.92 $0.00 $841.46 $150,111.66
228 $150,111.66 $447.92 $0.00 $848.75 $151,408.33
229 $151,408.33 $447.92 $55,138.05 $856.08 $97,574.28
230 $97,574.28 $447.92 $0.00 $551.70 $98,573.90
231 $98,573.90 $447.92 $0.00 $557.35 $99,579.17
232 $99,579.17 $447.92 $0.00 $563.04 $100,590.13
233 $100,590.13 $447.92 $0.00 $568.75 $101,606.80
234 $101,606.80 $447.92 $0.00 $574.50 $102,629.22
235 $102,629.22 $447.92 $0.00 $580.28 $103,657.42
236 $103,657.42 $447.92 $0.00 $586.09 $104,691.43
237 $104,691.43 $447.92 $0.00 $591.94 $105,731.29
238 $105,731.29 $447.92 $0.00 $597.82 $106,777.03
239 $106,777.03 $447.92 $0.00 $603.73 $107,828.68
240 $107,828.68 $447.92 $0.00 $609.68 $108,886.28
241 $108,886.28 $447.92 $57,894.96 $615.66 $52,054.90
242 $52,054.90 $447.92 $0.00 $294.33 $52,797.15
243 $52,797.15 $447.92 $0.00 $298.52 $53,543.59
244 $53,543.59 $447.92 $0.00 $302.74 $54,294.25
245 $54,294.25 $447.92 $0.00 $306.99 $55,049.16
246 $55,049.16 $447.92 $0.00 $311.26 $55,808.34
247 $55,808.34 $447.92 $0.00 $315.55 $56,571.81
248 $56,571.81 $447.92 $0.00 $319.87 $57,339.60
249 $57,339.60 $447.92 $0.00 $324.21 $58,111.73
250 $58,111.73 $447.92 $0.00 $328.57 $58,888.22
251 $58,888.22 $447.92 $0.00 $332.96 $59,669.10
252 $59,669.10 $447.92 $0.00 $337.38 $60,454.40
253 $60,454.40 $0.00 $60,789.70 $341.82 $6.52