Savings Plan and Future Cost Estimation for Harrison College Fort Wayne

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$47,611
Monthly savings required$377

How much will it cost to send your child to Harrison College Fort Wayne in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $190,445.15 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $376.87 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$18,360.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $376.87 $0.00 $0.00 $376.87
2 $376.87 $376.87 $0.00 $2.13 $755.87
3 $755.87 $376.87 $0.00 $4.27 $1,137.01
4 $1,137.01 $376.87 $0.00 $6.43 $1,520.31
5 $1,520.31 $376.87 $0.00 $8.60 $1,905.78
6 $1,905.78 $376.87 $0.00 $10.78 $2,293.43
7 $2,293.43 $376.87 $0.00 $12.97 $2,683.27
8 $2,683.27 $376.87 $0.00 $15.17 $3,075.31
9 $3,075.31 $376.87 $0.00 $17.39 $3,469.57
10 $3,469.57 $376.87 $0.00 $19.62 $3,866.06
11 $3,866.06 $376.87 $0.00 $21.86 $4,264.79
12 $4,264.79 $376.87 $0.00 $24.11 $4,665.77
13 $4,665.77 $376.87 $0.00 $26.38 $5,069.02
14 $5,069.02 $376.87 $0.00 $28.66 $5,474.55
15 $5,474.55 $376.87 $0.00 $30.95 $5,882.37
16 $5,882.37 $376.87 $0.00 $33.26 $6,292.50
17 $6,292.50 $376.87 $0.00 $35.58 $6,704.95
18 $6,704.95 $376.87 $0.00 $37.91 $7,119.73
19 $7,119.73 $376.87 $0.00 $40.26 $7,536.86
20 $7,536.86 $376.87 $0.00 $42.61 $7,956.34
21 $7,956.34 $376.87 $0.00 $44.99 $8,378.20
22 $8,378.20 $376.87 $0.00 $47.37 $8,802.44
23 $8,802.44 $376.87 $0.00 $49.77 $9,229.08
24 $9,229.08 $376.87 $0.00 $52.18 $9,658.13
25 $9,658.13 $376.87 $0.00 $54.61 $10,089.61
26 $10,089.61 $376.87 $0.00 $57.05 $10,523.53
27 $10,523.53 $376.87 $0.00 $59.50 $10,959.90
28 $10,959.90 $376.87 $0.00 $61.97 $11,398.74
29 $11,398.74 $376.87 $0.00 $64.45 $11,840.06
30 $11,840.06 $376.87 $0.00 $66.95 $12,283.88
31 $12,283.88 $376.87 $0.00 $69.45 $12,730.20
32 $12,730.20 $376.87 $0.00 $71.98 $13,179.05
33 $13,179.05 $376.87 $0.00 $74.52 $13,630.44
34 $13,630.44 $376.87 $0.00 $77.07 $14,084.38
35 $14,084.38 $376.87 $0.00 $79.64 $14,540.89
36 $14,540.89 $376.87 $0.00 $82.22 $14,999.98
37 $14,999.98 $376.87 $0.00 $84.81 $15,461.66
38 $15,461.66 $376.87 $0.00 $87.42 $15,925.95
39 $15,925.95 $376.87 $0.00 $90.05 $16,392.87
40 $16,392.87 $376.87 $0.00 $92.69 $16,862.43
41 $16,862.43 $376.87 $0.00 $95.34 $17,334.64
42 $17,334.64 $376.87 $0.00 $98.01 $17,809.52
43 $17,809.52 $376.87 $0.00 $100.70 $18,287.09
44 $18,287.09 $376.87 $0.00 $103.40 $18,767.36
45 $18,767.36 $376.87 $0.00 $106.11 $19,250.34
46 $19,250.34 $376.87 $0.00 $108.84 $19,736.05
47 $19,736.05 $376.87 $0.00 $111.59 $20,224.51
48 $20,224.51 $376.87 $0.00 $114.35 $20,715.73
49 $20,715.73 $376.87 $0.00 $117.13 $21,209.73
50 $21,209.73 $376.87 $0.00 $119.92 $21,706.52
51 $21,706.52 $376.87 $0.00 $122.73 $22,206.12
52 $22,206.12 $376.87 $0.00 $125.56 $22,708.55
53 $22,708.55 $376.87 $0.00 $128.40 $23,213.82
54 $23,213.82 $376.87 $0.00 $131.25 $23,721.94
55 $23,721.94 $376.87 $0.00 $134.13 $24,232.94
56 $24,232.94 $376.87 $0.00 $137.02 $24,746.83
57 $24,746.83 $376.87 $0.00 $139.92 $25,263.62
58 $25,263.62 $376.87 $0.00 $142.84 $25,783.33
59 $25,783.33 $376.87 $0.00 $145.78 $26,305.98
60 $26,305.98 $376.87 $0.00 $148.74 $26,831.59
61 $26,831.59 $376.87 $0.00 $151.71 $27,360.17
62 $27,360.17 $376.87 $0.00 $154.70 $27,891.74
63 $27,891.74 $376.87 $0.00 $157.70 $28,426.31
64 $28,426.31 $376.87 $0.00 $160.73 $28,963.91
65 $28,963.91 $376.87 $0.00 $163.77 $29,504.55
66 $29,504.55 $376.87 $0.00 $166.82 $30,048.24
67 $30,048.24 $376.87 $0.00 $169.90 $30,595.01
68 $30,595.01 $376.87 $0.00 $172.99 $31,144.87
69 $31,144.87 $376.87 $0.00 $176.10 $31,697.84
70 $31,697.84 $376.87 $0.00 $179.22 $32,253.93
71 $32,253.93 $376.87 $0.00 $182.37 $32,813.17
72 $32,813.17 $376.87 $0.00 $185.53 $33,375.57
73 $33,375.57 $376.87 $0.00 $188.71 $33,941.15
74 $33,941.15 $376.87 $0.00 $191.91 $34,509.93
75 $34,509.93 $376.87 $0.00 $195.12 $35,081.92
76 $35,081.92 $376.87 $0.00 $198.36 $35,657.15
77 $35,657.15 $376.87 $0.00 $201.61 $36,235.63
78 $36,235.63 $376.87 $0.00 $204.88 $36,817.38
79 $36,817.38 $376.87 $0.00 $208.17 $37,402.42
80 $37,402.42 $376.87 $0.00 $211.48 $37,990.77
81 $37,990.77 $376.87 $0.00 $214.81 $38,582.45
82 $38,582.45 $376.87 $0.00 $218.15 $39,177.47
83 $39,177.47 $376.87 $0.00 $221.52 $39,775.86
84 $39,775.86 $376.87 $0.00 $224.90 $40,377.63
85 $40,377.63 $376.87 $0.00 $228.30 $40,982.80
86 $40,982.80 $376.87 $0.00 $231.72 $41,591.39
87 $41,591.39 $376.87 $0.00 $235.16 $42,203.42
88 $42,203.42 $376.87 $0.00 $238.62 $42,818.91
89 $42,818.91 $376.87 $0.00 $242.10 $43,437.88
90 $43,437.88 $376.87 $0.00 $245.60 $44,060.35
91 $44,060.35 $376.87 $0.00 $249.12 $44,686.34
92 $44,686.34 $376.87 $0.00 $252.66 $45,315.87
93 $45,315.87 $376.87 $0.00 $256.22 $45,948.96
94 $45,948.96 $376.87 $0.00 $259.80 $46,585.63
95 $46,585.63 $376.87 $0.00 $263.40 $47,225.90
96 $47,225.90 $376.87 $0.00 $267.02 $47,869.79
97 $47,869.79 $376.87 $0.00 $270.66 $48,517.32
98 $48,517.32 $376.87 $0.00 $274.32 $49,168.51
99 $49,168.51 $376.87 $0.00 $278.01 $49,823.39
100 $49,823.39 $376.87 $0.00 $281.71 $50,481.97
101 $50,481.97 $376.87 $0.00 $285.43 $51,144.27
102 $51,144.27 $376.87 $0.00 $289.18 $51,810.32
103 $51,810.32 $376.87 $0.00 $292.94 $52,480.13
104 $52,480.13 $376.87 $0.00 $296.73 $53,153.73
105 $53,153.73 $376.87 $0.00 $300.54 $53,831.14
106 $53,831.14 $376.87 $0.00 $304.37 $54,512.38
107 $54,512.38 $376.87 $0.00 $308.22 $55,197.47
108 $55,197.47 $376.87 $0.00 $312.09 $55,886.43
109 $55,886.43 $376.87 $0.00 $315.99 $56,579.29
110 $56,579.29 $376.87 $0.00 $319.91 $57,276.07
111 $57,276.07 $376.87 $0.00 $323.85 $57,976.79
112 $57,976.79 $376.87 $0.00 $327.81 $58,681.47
113 $58,681.47 $376.87 $0.00 $331.79 $59,390.13
114 $59,390.13 $376.87 $0.00 $335.80 $60,102.80
115 $60,102.80 $376.87 $0.00 $339.83 $60,819.50
116 $60,819.50 $376.87 $0.00 $343.88 $61,540.25
117 $61,540.25 $376.87 $0.00 $347.96 $62,265.08
118 $62,265.08 $376.87 $0.00 $352.06 $62,994.01
119 $62,994.01 $376.87 $0.00 $356.18 $63,727.06
120 $63,727.06 $376.87 $0.00 $360.32 $64,464.25
121 $64,464.25 $376.87 $0.00 $364.49 $65,205.61
122 $65,205.61 $376.87 $0.00 $368.68 $65,951.16
123 $65,951.16 $376.87 $0.00 $372.90 $66,700.93
124 $66,700.93 $376.87 $0.00 $377.14 $67,454.94
125 $67,454.94 $376.87 $0.00 $381.40 $68,213.21
126 $68,213.21 $376.87 $0.00 $385.69 $68,975.77
127 $68,975.77 $376.87 $0.00 $390.00 $69,742.64
128 $69,742.64 $376.87 $0.00 $394.34 $70,513.85
129 $70,513.85 $376.87 $0.00 $398.70 $71,289.42
130 $71,289.42 $376.87 $0.00 $403.08 $72,069.37
131 $72,069.37 $376.87 $0.00 $407.49 $72,853.73
132 $72,853.73 $376.87 $0.00 $411.93 $73,642.53
133 $73,642.53 $376.87 $0.00 $416.39 $74,435.79
134 $74,435.79 $376.87 $0.00 $420.87 $75,233.53
135 $75,233.53 $376.87 $0.00 $425.38 $76,035.78
136 $76,035.78 $376.87 $0.00 $429.92 $76,842.57
137 $76,842.57 $376.87 $0.00 $434.48 $77,653.92
138 $77,653.92 $376.87 $0.00 $439.07 $78,469.86
139 $78,469.86 $376.87 $0.00 $443.68 $79,290.41
140 $79,290.41 $376.87 $0.00 $448.32 $80,115.60
141 $80,115.60 $376.87 $0.00 $452.99 $80,945.46
142 $80,945.46 $376.87 $0.00 $457.68 $81,780.01
143 $81,780.01 $376.87 $0.00 $462.40 $82,619.28
144 $82,619.28 $376.87 $0.00 $467.14 $83,463.29
145 $83,463.29 $376.87 $0.00 $471.91 $84,312.07
146 $84,312.07 $376.87 $0.00 $476.71 $85,165.65
147 $85,165.65 $376.87 $0.00 $481.54 $86,024.06
148 $86,024.06 $376.87 $0.00 $486.39 $86,887.32
149 $86,887.32 $376.87 $0.00 $491.27 $87,755.46
150 $87,755.46 $376.87 $0.00 $496.18 $88,628.51
151 $88,628.51 $376.87 $0.00 $501.12 $89,506.50
152 $89,506.50 $376.87 $0.00 $506.08 $90,389.45
153 $90,389.45 $376.87 $0.00 $511.08 $91,277.40
154 $91,277.40 $376.87 $0.00 $516.10 $92,170.37
155 $92,170.37 $376.87 $0.00 $521.14 $93,068.38
156 $93,068.38 $376.87 $0.00 $526.22 $93,971.47
157 $93,971.47 $376.87 $0.00 $531.33 $94,879.67
158 $94,879.67 $376.87 $0.00 $536.46 $95,793.00
159 $95,793.00 $376.87 $0.00 $541.63 $96,711.50
160 $96,711.50 $376.87 $0.00 $546.82 $97,635.19
161 $97,635.19 $376.87 $0.00 $552.04 $98,564.10
162 $98,564.10 $376.87 $0.00 $557.30 $99,498.27
163 $99,498.27 $376.87 $0.00 $562.58 $100,437.72
164 $100,437.72 $376.87 $0.00 $567.89 $101,382.48
165 $101,382.48 $376.87 $0.00 $573.23 $102,332.58
166 $102,332.58 $376.87 $0.00 $578.60 $103,288.05
167 $103,288.05 $376.87 $0.00 $584.01 $104,248.93
168 $104,248.93 $376.87 $0.00 $589.44 $105,215.24
169 $105,215.24 $376.87 $0.00 $594.90 $106,187.01
170 $106,187.01 $376.87 $0.00 $600.40 $107,164.28
171 $107,164.28 $376.87 $0.00 $605.92 $108,147.07
172 $108,147.07 $376.87 $0.00 $611.48 $109,135.42
173 $109,135.42 $376.87 $0.00 $617.07 $110,129.36
174 $110,129.36 $376.87 $0.00 $622.69 $111,128.92
175 $111,128.92 $376.87 $0.00 $628.34 $112,134.13
176 $112,134.13 $376.87 $0.00 $634.02 $113,145.02
177 $113,145.02 $376.87 $0.00 $639.74 $114,161.63
178 $114,161.63 $376.87 $0.00 $645.49 $115,183.99
179 $115,183.99 $376.87 $0.00 $651.27 $116,212.13
180 $116,212.13 $376.87 $0.00 $657.08 $117,246.08
181 $117,246.08 $376.87 $0.00 $662.93 $118,285.88
182 $118,285.88 $376.87 $0.00 $668.81 $119,331.56
183 $119,331.56 $376.87 $0.00 $674.72 $120,383.15
184 $120,383.15 $376.87 $0.00 $680.66 $121,440.68
185 $121,440.68 $376.87 $0.00 $686.64 $122,504.19
186 $122,504.19 $376.87 $0.00 $692.66 $123,573.72
187 $123,573.72 $376.87 $0.00 $698.70 $124,649.29
188 $124,649.29 $376.87 $0.00 $704.79 $125,730.95
189 $125,730.95 $376.87 $0.00 $710.90 $126,818.72
190 $126,818.72 $376.87 $0.00 $717.05 $127,912.64
191 $127,912.64 $376.87 $0.00 $723.24 $129,012.75
192 $129,012.75 $376.87 $0.00 $729.46 $130,119.08
193 $130,119.08 $376.87 $0.00 $735.71 $131,231.66
194 $131,231.66 $376.87 $0.00 $742.00 $132,350.53
195 $132,350.53 $376.87 $0.00 $748.33 $133,475.73
196 $133,475.73 $376.87 $0.00 $754.69 $134,607.29
197 $134,607.29 $376.87 $0.00 $761.09 $135,745.25
198 $135,745.25 $376.87 $0.00 $767.52 $136,889.64
199 $136,889.64 $376.87 $0.00 $773.99 $138,040.50
200 $138,040.50 $376.87 $0.00 $780.50 $139,197.87
201 $139,197.87 $376.87 $0.00 $787.04 $140,361.78
202 $140,361.78 $376.87 $0.00 $793.63 $141,532.28
203 $141,532.28 $376.87 $0.00 $800.24 $142,709.39
204 $142,709.39 $376.87 $0.00 $806.90 $143,893.16
205 $143,893.16 $376.87 $0.00 $813.59 $145,083.62
206 $145,083.62 $376.87 $0.00 $820.32 $146,280.81
207 $146,280.81 $376.87 $0.00 $827.09 $147,484.77
208 $147,484.77 $376.87 $0.00 $833.90 $148,695.54
209 $148,695.54 $376.87 $0.00 $840.75 $149,913.16
210 $149,913.16 $376.87 $0.00 $847.63 $151,137.66
211 $151,137.66 $376.87 $0.00 $854.55 $152,369.08
212 $152,369.08 $376.87 $0.00 $861.52 $153,607.47
213 $153,607.47 $376.87 $0.00 $868.52 $154,852.86
214 $154,852.86 $376.87 $0.00 $875.56 $156,105.29
215 $156,105.29 $376.87 $0.00 $882.64 $157,364.80
216 $157,364.80 $376.87 $0.00 $889.76 $158,631.43
217 $158,631.43 $376.87 $44,185.53 $896.93 $115,719.70
218 $115,719.70 $376.87 $0.00 $654.30 $116,750.87
219 $116,750.87 $376.87 $0.00 $660.13 $117,787.87
220 $117,787.87 $376.87 $0.00 $665.99 $118,830.73
221 $118,830.73 $376.87 $0.00 $671.89 $119,879.49
222 $119,879.49 $376.87 $0.00 $677.82 $120,934.18
223 $120,934.18 $376.87 $0.00 $683.78 $121,994.83
224 $121,994.83 $376.87 $0.00 $689.78 $123,061.48
225 $123,061.48 $376.87 $0.00 $695.81 $124,134.16
226 $124,134.16 $376.87 $0.00 $701.87 $125,212.90
227 $125,212.90 $376.87 $0.00 $707.97 $126,297.74
228 $126,297.74 $376.87 $0.00 $714.11 $127,388.72
229 $127,388.72 $376.87 $46,394.81 $720.27 $82,091.05
230 $82,091.05 $376.87 $0.00 $464.15 $82,932.07
231 $82,932.07 $376.87 $0.00 $468.91 $83,777.85
232 $83,777.85 $376.87 $0.00 $473.69 $84,628.41
233 $84,628.41 $376.87 $0.00 $478.50 $85,483.78
234 $85,483.78 $376.87 $0.00 $483.34 $86,343.99
235 $86,343.99 $376.87 $0.00 $488.20 $87,209.06
236 $87,209.06 $376.87 $0.00 $493.09 $88,079.02
237 $88,079.02 $376.87 $0.00 $498.01 $88,953.90
238 $88,953.90 $376.87 $0.00 $502.96 $89,833.73
239 $89,833.73 $376.87 $0.00 $507.93 $90,718.53
240 $90,718.53 $376.87 $0.00 $512.94 $91,608.34
241 $91,608.34 $376.87 $48,714.55 $517.97 $43,788.63
242 $43,788.63 $376.87 $0.00 $247.59 $44,413.09
243 $44,413.09 $376.87 $0.00 $251.12 $45,041.08
244 $45,041.08 $376.87 $0.00 $254.67 $45,672.62
245 $45,672.62 $376.87 $0.00 $258.24 $46,307.73
246 $46,307.73 $376.87 $0.00 $261.83 $46,946.43
247 $46,946.43 $376.87 $0.00 $265.44 $47,588.74
248 $47,588.74 $376.87 $0.00 $269.07 $48,234.68
249 $48,234.68 $376.87 $0.00 $272.73 $48,884.28
250 $48,884.28 $376.87 $0.00 $276.40 $49,537.55
251 $49,537.55 $376.87 $0.00 $280.09 $50,194.51
252 $50,194.51 $376.87 $0.00 $283.81 $50,855.19
253 $50,855.19 $0.00 $51,150.27 $287.54 ($7.54)