Savings Plan and Future Cost Estimation for University of Phoenix Indianapolis Campus

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$46,444
Monthly savings required$368

How much will it cost to send your child to University of Phoenix Indianapolis Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $185,777.38 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $367.65 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$17,910.00
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 $367.65 $0.00 $0.00 $367.65
2 $367.65 $367.65 $0.00 $2.08 $737.38
3 $737.38 $367.65 $0.00 $4.17 $1,109.20
4 $1,109.20 $367.65 $0.00 $6.27 $1,483.12
5 $1,483.12 $367.65 $0.00 $8.39 $1,859.16
6 $1,859.16 $367.65 $0.00 $10.51 $2,237.32
7 $2,237.32 $367.65 $0.00 $12.65 $2,617.62
8 $2,617.62 $367.65 $0.00 $14.80 $3,000.07
9 $3,000.07 $367.65 $0.00 $16.96 $3,384.68
10 $3,384.68 $367.65 $0.00 $19.14 $3,771.47
11 $3,771.47 $367.65 $0.00 $21.32 $4,160.44
12 $4,160.44 $367.65 $0.00 $23.52 $4,551.61
13 $4,551.61 $367.65 $0.00 $25.74 $4,945.00
14 $4,945.00 $367.65 $0.00 $27.96 $5,340.61
15 $5,340.61 $367.65 $0.00 $30.20 $5,738.46
16 $5,738.46 $367.65 $0.00 $32.45 $6,138.56
17 $6,138.56 $367.65 $0.00 $34.71 $6,540.92
18 $6,540.92 $367.65 $0.00 $36.98 $6,945.55
19 $6,945.55 $367.65 $0.00 $39.27 $7,352.47
20 $7,352.47 $367.65 $0.00 $41.57 $7,761.69
21 $7,761.69 $367.65 $0.00 $43.89 $8,173.23
22 $8,173.23 $367.65 $0.00 $46.21 $8,587.09
23 $8,587.09 $367.65 $0.00 $48.55 $9,003.29
24 $9,003.29 $367.65 $0.00 $50.91 $9,421.85
25 $9,421.85 $367.65 $0.00 $53.27 $9,842.77
26 $9,842.77 $367.65 $0.00 $55.65 $10,266.07
27 $10,266.07 $367.65 $0.00 $58.05 $10,691.77
28 $10,691.77 $367.65 $0.00 $60.45 $11,119.87
29 $11,119.87 $367.65 $0.00 $62.87 $11,550.39
30 $11,550.39 $367.65 $0.00 $65.31 $11,983.35
31 $11,983.35 $367.65 $0.00 $67.76 $12,418.76
32 $12,418.76 $367.65 $0.00 $70.22 $12,856.63
33 $12,856.63 $367.65 $0.00 $72.69 $13,296.97
34 $13,296.97 $367.65 $0.00 $75.18 $13,739.80
35 $13,739.80 $367.65 $0.00 $77.69 $14,185.14
36 $14,185.14 $367.65 $0.00 $80.20 $14,632.99
37 $14,632.99 $367.65 $0.00 $82.74 $15,083.38
38 $15,083.38 $367.65 $0.00 $85.28 $15,536.31
39 $15,536.31 $367.65 $0.00 $87.84 $15,991.80
40 $15,991.80 $367.65 $0.00 $90.42 $16,449.87
41 $16,449.87 $367.65 $0.00 $93.01 $16,910.53
42 $16,910.53 $367.65 $0.00 $95.61 $17,373.79
43 $17,373.79 $367.65 $0.00 $98.23 $17,839.67
44 $17,839.67 $367.65 $0.00 $100.87 $18,308.19
45 $18,308.19 $367.65 $0.00 $103.52 $18,779.36
46 $18,779.36 $367.65 $0.00 $106.18 $19,253.19
47 $19,253.19 $367.65 $0.00 $108.86 $19,729.70
48 $19,729.70 $367.65 $0.00 $111.55 $20,208.90
49 $20,208.90 $367.65 $0.00 $114.26 $20,690.81
50 $20,690.81 $367.65 $0.00 $116.99 $21,175.45
51 $21,175.45 $367.65 $0.00 $119.73 $21,662.83
52 $21,662.83 $367.65 $0.00 $122.48 $22,152.96
53 $22,152.96 $367.65 $0.00 $125.26 $22,645.87
54 $22,645.87 $367.65 $0.00 $128.04 $23,141.56
55 $23,141.56 $367.65 $0.00 $130.85 $23,640.06
56 $23,640.06 $367.65 $0.00 $133.66 $24,141.37
57 $24,141.37 $367.65 $0.00 $136.50 $24,645.52
58 $24,645.52 $367.65 $0.00 $139.35 $25,152.52
59 $25,152.52 $367.65 $0.00 $142.22 $25,662.39
60 $25,662.39 $367.65 $0.00 $145.10 $26,175.14
61 $26,175.14 $367.65 $0.00 $148.00 $26,690.79
62 $26,690.79 $367.65 $0.00 $150.91 $27,209.35
63 $27,209.35 $367.65 $0.00 $153.85 $27,730.85
64 $27,730.85 $367.65 $0.00 $156.79 $28,255.29
65 $28,255.29 $367.65 $0.00 $159.76 $28,782.70
66 $28,782.70 $367.65 $0.00 $162.74 $29,313.09
67 $29,313.09 $367.65 $0.00 $165.74 $29,846.48
68 $29,846.48 $367.65 $0.00 $168.76 $30,382.89
69 $30,382.89 $367.65 $0.00 $171.79 $30,922.33
70 $30,922.33 $367.65 $0.00 $174.84 $31,464.82
71 $31,464.82 $367.65 $0.00 $177.91 $32,010.38
72 $32,010.38 $367.65 $0.00 $180.99 $32,559.02
73 $32,559.02 $367.65 $0.00 $184.09 $33,110.76
74 $33,110.76 $367.65 $0.00 $187.21 $33,665.62
75 $33,665.62 $367.65 $0.00 $190.35 $34,223.62
76 $34,223.62 $367.65 $0.00 $193.51 $34,784.78
77 $34,784.78 $367.65 $0.00 $196.68 $35,349.11
78 $35,349.11 $367.65 $0.00 $199.87 $35,916.63
79 $35,916.63 $367.65 $0.00 $203.08 $36,487.36
80 $36,487.36 $367.65 $0.00 $206.30 $37,061.31
81 $37,061.31 $367.65 $0.00 $209.55 $37,638.51
82 $37,638.51 $367.65 $0.00 $212.81 $38,218.97
83 $38,218.97 $367.65 $0.00 $216.10 $38,802.72
84 $38,802.72 $367.65 $0.00 $219.40 $39,389.77
85 $39,389.77 $367.65 $0.00 $222.72 $39,980.14
86 $39,980.14 $367.65 $0.00 $226.05 $40,573.84
87 $40,573.84 $367.65 $0.00 $229.41 $41,170.90
88 $41,170.90 $367.65 $0.00 $232.79 $41,771.34
89 $41,771.34 $367.65 $0.00 $236.18 $42,375.17
90 $42,375.17 $367.65 $0.00 $239.60 $42,982.42
91 $42,982.42 $367.65 $0.00 $243.03 $43,593.10
92 $43,593.10 $367.65 $0.00 $246.48 $44,207.23
93 $44,207.23 $367.65 $0.00 $249.95 $44,824.83
94 $44,824.83 $367.65 $0.00 $253.45 $45,445.93
95 $45,445.93 $367.65 $0.00 $256.96 $46,070.54
96 $46,070.54 $367.65 $0.00 $260.49 $46,698.68
97 $46,698.68 $367.65 $0.00 $264.04 $47,330.37
98 $47,330.37 $367.65 $0.00 $267.61 $47,965.63
99 $47,965.63 $367.65 $0.00 $271.20 $48,604.48
100 $48,604.48 $367.65 $0.00 $274.82 $49,246.95
101 $49,246.95 $367.65 $0.00 $278.45 $49,893.05
102 $49,893.05 $367.65 $0.00 $282.10 $50,542.80
103 $50,542.80 $367.65 $0.00 $285.78 $51,196.23
104 $51,196.23 $367.65 $0.00 $289.47 $51,853.35
105 $51,853.35 $367.65 $0.00 $293.19 $52,514.19
106 $52,514.19 $367.65 $0.00 $296.92 $53,178.76
107 $53,178.76 $367.65 $0.00 $300.68 $53,847.09
108 $53,847.09 $367.65 $0.00 $304.46 $54,519.20
109 $54,519.20 $367.65 $0.00 $308.26 $55,195.11
110 $55,195.11 $367.65 $0.00 $312.08 $55,874.84
111 $55,874.84 $367.65 $0.00 $315.92 $56,558.41
112 $56,558.41 $367.65 $0.00 $319.79 $57,245.85
113 $57,245.85 $367.65 $0.00 $323.68 $57,937.18
114 $57,937.18 $367.65 $0.00 $327.59 $58,632.42
115 $58,632.42 $367.65 $0.00 $331.52 $59,331.59
116 $59,331.59 $367.65 $0.00 $335.47 $60,034.71
117 $60,034.71 $367.65 $0.00 $339.44 $60,741.80
118 $60,741.80 $367.65 $0.00 $343.44 $61,452.89
119 $61,452.89 $367.65 $0.00 $347.46 $62,168.00
120 $62,168.00 $367.65 $0.00 $351.51 $62,887.16
121 $62,887.16 $367.65 $0.00 $355.57 $63,610.38
122 $63,610.38 $367.65 $0.00 $359.66 $64,337.69
123 $64,337.69 $367.65 $0.00 $363.77 $65,069.11
124 $65,069.11 $367.65 $0.00 $367.91 $65,804.67
125 $65,804.67 $367.65 $0.00 $372.07 $66,544.39
126 $66,544.39 $367.65 $0.00 $376.25 $67,288.29
127 $67,288.29 $367.65 $0.00 $380.46 $68,036.40
128 $68,036.40 $367.65 $0.00 $384.69 $68,788.74
129 $68,788.74 $367.65 $0.00 $388.94 $69,545.33
130 $69,545.33 $367.65 $0.00 $393.22 $70,306.20
131 $70,306.20 $367.65 $0.00 $397.52 $71,071.37
132 $71,071.37 $367.65 $0.00 $401.85 $71,840.87
133 $71,840.87 $367.65 $0.00 $406.20 $72,614.72
134 $72,614.72 $367.65 $0.00 $410.57 $73,392.94
135 $73,392.94 $367.65 $0.00 $414.97 $74,175.56
136 $74,175.56 $367.65 $0.00 $419.40 $74,962.61
137 $74,962.61 $367.65 $0.00 $423.85 $75,754.11
138 $75,754.11 $367.65 $0.00 $428.32 $76,550.08
139 $76,550.08 $367.65 $0.00 $432.83 $77,350.56
140 $77,350.56 $367.65 $0.00 $437.35 $78,155.56
141 $78,155.56 $367.65 $0.00 $441.90 $78,965.11
142 $78,965.11 $367.65 $0.00 $446.48 $79,779.24
143 $79,779.24 $367.65 $0.00 $451.08 $80,597.97
144 $80,597.97 $367.65 $0.00 $455.71 $81,421.33
145 $81,421.33 $367.65 $0.00 $460.37 $82,249.35
146 $82,249.35 $367.65 $0.00 $465.05 $83,082.05
147 $83,082.05 $367.65 $0.00 $469.76 $83,919.46
148 $83,919.46 $367.65 $0.00 $474.49 $84,761.60
149 $84,761.60 $367.65 $0.00 $479.25 $85,608.50
150 $85,608.50 $367.65 $0.00 $484.04 $86,460.19
151 $86,460.19 $367.65 $0.00 $488.86 $87,316.70
152 $87,316.70 $367.65 $0.00 $493.70 $88,178.05
153 $88,178.05 $367.65 $0.00 $498.57 $89,044.27
154 $89,044.27 $367.65 $0.00 $503.47 $89,915.39
155 $89,915.39 $367.65 $0.00 $508.39 $90,791.43
156 $90,791.43 $367.65 $0.00 $513.35 $91,672.43
157 $91,672.43 $367.65 $0.00 $518.33 $92,558.41
158 $92,558.41 $367.65 $0.00 $523.34 $93,449.40
159 $93,449.40 $367.65 $0.00 $528.38 $94,345.43
160 $94,345.43 $367.65 $0.00 $533.44 $95,246.52
161 $95,246.52 $367.65 $0.00 $538.54 $96,152.71
162 $96,152.71 $367.65 $0.00 $543.66 $97,064.02
163 $97,064.02 $367.65 $0.00 $548.81 $97,980.48
164 $97,980.48 $367.65 $0.00 $554.00 $98,902.13
165 $98,902.13 $367.65 $0.00 $559.21 $99,828.99
166 $99,828.99 $367.65 $0.00 $564.45 $100,761.09
167 $100,761.09 $367.65 $0.00 $569.72 $101,698.46
168 $101,698.46 $367.65 $0.00 $575.02 $102,641.13
169 $102,641.13 $367.65 $0.00 $580.35 $103,589.13
170 $103,589.13 $367.65 $0.00 $585.71 $104,542.49
171 $104,542.49 $367.65 $0.00 $591.10 $105,501.24
172 $105,501.24 $367.65 $0.00 $596.52 $106,465.41
173 $106,465.41 $367.65 $0.00 $601.97 $107,435.03
174 $107,435.03 $367.65 $0.00 $607.45 $108,410.13
175 $108,410.13 $367.65 $0.00 $612.97 $109,390.75
176 $109,390.75 $367.65 $0.00 $618.51 $110,376.91
177 $110,376.91 $367.65 $0.00 $624.09 $111,368.65
178 $111,368.65 $367.65 $0.00 $629.69 $112,365.99
179 $112,365.99 $367.65 $0.00 $635.33 $113,368.97
180 $113,368.97 $367.65 $0.00 $641.00 $114,377.62
181 $114,377.62 $367.65 $0.00 $646.71 $115,391.98
182 $115,391.98 $367.65 $0.00 $652.44 $116,412.07
183 $116,412.07 $367.65 $0.00 $658.21 $117,437.93
184 $117,437.93 $367.65 $0.00 $664.01 $118,469.59
185 $118,469.59 $367.65 $0.00 $669.84 $119,507.08
186 $119,507.08 $367.65 $0.00 $675.71 $120,550.44
187 $120,550.44 $367.65 $0.00 $681.61 $121,599.70
188 $121,599.70 $367.65 $0.00 $687.54 $122,654.89
189 $122,654.89 $367.65 $0.00 $693.51 $123,716.05
190 $123,716.05 $367.65 $0.00 $699.51 $124,783.21
191 $124,783.21 $367.65 $0.00 $705.54 $125,856.40
192 $125,856.40 $367.65 $0.00 $711.61 $126,935.66
193 $126,935.66 $367.65 $0.00 $717.71 $128,021.02
194 $128,021.02 $367.65 $0.00 $723.85 $129,112.52
195 $129,112.52 $367.65 $0.00 $730.02 $130,210.19
196 $130,210.19 $367.65 $0.00 $736.23 $131,314.07
197 $131,314.07 $367.65 $0.00 $742.47 $132,424.19
198 $132,424.19 $367.65 $0.00 $748.75 $133,540.59
199 $133,540.59 $367.65 $0.00 $755.06 $134,663.30
200 $134,663.30 $367.65 $0.00 $761.41 $135,792.36
201 $135,792.36 $367.65 $0.00 $767.79 $136,927.80
202 $136,927.80 $367.65 $0.00 $774.21 $138,069.66
203 $138,069.66 $367.65 $0.00 $780.67 $139,217.98
204 $139,217.98 $367.65 $0.00 $787.16 $140,372.79
205 $140,372.79 $367.65 $0.00 $793.69 $141,534.13
206 $141,534.13 $367.65 $0.00 $800.25 $142,702.03
207 $142,702.03 $367.65 $0.00 $806.86 $143,876.54
208 $143,876.54 $367.65 $0.00 $813.50 $145,057.69
209 $145,057.69 $367.65 $0.00 $820.18 $146,245.52
210 $146,245.52 $367.65 $0.00 $826.89 $147,440.06
211 $147,440.06 $367.65 $0.00 $833.65 $148,641.36
212 $148,641.36 $367.65 $0.00 $840.44 $149,849.45
213 $149,849.45 $367.65 $0.00 $847.27 $151,064.37
214 $151,064.37 $367.65 $0.00 $854.14 $152,286.16
215 $152,286.16 $367.65 $0.00 $861.05 $153,514.86
216 $153,514.86 $367.65 $0.00 $868.00 $154,750.51
217 $154,750.51 $367.65 $43,102.55 $874.98 $112,890.59
218 $112,890.59 $367.65 $0.00 $638.30 $113,896.54
219 $113,896.54 $367.65 $0.00 $643.99 $114,908.18
220 $114,908.18 $367.65 $0.00 $649.71 $115,925.54
221 $115,925.54 $367.65 $0.00 $655.46 $116,948.65
222 $116,948.65 $367.65 $0.00 $661.24 $117,977.54
223 $117,977.54 $367.65 $0.00 $667.06 $119,012.25
224 $119,012.25 $367.65 $0.00 $672.91 $120,052.81
225 $120,052.81 $367.65 $0.00 $678.80 $121,099.26
226 $121,099.26 $367.65 $0.00 $684.71 $122,151.62
227 $122,151.62 $367.65 $0.00 $690.66 $123,209.93
228 $123,209.93 $367.65 $0.00 $696.65 $124,274.23
229 $124,274.23 $367.65 $45,257.68 $702.66 $80,086.86
230 $80,086.86 $367.65 $0.00 $452.82 $80,907.33
231 $80,907.33 $367.65 $0.00 $457.46 $81,732.44
232 $81,732.44 $367.65 $0.00 $462.13 $82,562.22
233 $82,562.22 $367.65 $0.00 $466.82 $83,396.69
234 $83,396.69 $367.65 $0.00 $471.54 $84,235.88
235 $84,235.88 $367.65 $0.00 $476.28 $85,079.81
236 $85,079.81 $367.65 $0.00 $481.05 $85,928.51
237 $85,928.51 $367.65 $0.00 $485.85 $86,782.01
238 $86,782.01 $367.65 $0.00 $490.68 $87,640.34
239 $87,640.34 $367.65 $0.00 $495.53 $88,503.52
240 $88,503.52 $367.65 $0.00 $500.41 $89,371.58
241 $89,371.58 $367.65 $47,520.56 $505.32 $42,723.99
242 $42,723.99 $367.65 $0.00 $241.57 $43,333.21
243 $43,333.21 $367.65 $0.00 $245.01 $43,945.87
244 $43,945.87 $367.65 $0.00 $248.48 $44,562.00
245 $44,562.00 $367.65 $0.00 $251.96 $45,181.61
246 $45,181.61 $367.65 $0.00 $255.46 $45,804.72
247 $45,804.72 $367.65 $0.00 $258.99 $46,431.36
248 $46,431.36 $367.65 $0.00 $262.53 $47,061.54
249 $47,061.54 $367.65 $0.00 $266.09 $47,695.28
250 $47,695.28 $367.65 $0.00 $269.68 $48,332.61
251 $48,332.61 $367.65 $0.00 $273.28 $48,973.54
252 $48,973.54 $367.65 $0.00 $276.90 $49,618.09
253 $49,618.09 $0.00 $49,896.59 $280.55 $2.05