Estimated Annual Cost in 2042 | $118,853 |
Monthly savings required | $939 |
How much will it cost to send your child to University of Louisville in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $475,412.47 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $939.32 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 | $31,680.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
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 University of Louisville in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $939.32 | $0.00 | $0.00 | $939.32 |
2 | $939.32 | $939.32 | $0.00 | $5.31 | $1,883.95 |
3 | $1,883.95 | $939.32 | $0.00 | $10.65 | $2,833.92 |
4 | $2,833.92 | $939.32 | $0.00 | $16.02 | $3,789.26 |
5 | $3,789.26 | $939.32 | $0.00 | $21.43 | $4,750.01 |
6 | $4,750.01 | $939.32 | $0.00 | $26.86 | $5,716.19 |
7 | $5,716.19 | $939.32 | $0.00 | $32.32 | $6,687.83 |
8 | $6,687.83 | $939.32 | $0.00 | $37.81 | $7,664.96 |
9 | $7,664.96 | $939.32 | $0.00 | $43.34 | $8,647.62 |
10 | $8,647.62 | $939.32 | $0.00 | $48.89 | $9,635.83 |
11 | $9,635.83 | $939.32 | $0.00 | $54.48 | $10,629.63 |
12 | $10,629.63 | $939.32 | $0.00 | $60.10 | $11,629.05 |
13 | $11,629.05 | $939.32 | $0.00 | $65.75 | $12,634.12 |
14 | $12,634.12 | $939.32 | $0.00 | $71.44 | $13,644.88 |
15 | $13,644.88 | $939.32 | $0.00 | $77.15 | $14,661.35 |
16 | $14,661.35 | $939.32 | $0.00 | $82.90 | $15,683.57 |
17 | $15,683.57 | $939.32 | $0.00 | $88.68 | $16,711.57 |
18 | $16,711.57 | $939.32 | $0.00 | $94.49 | $17,745.38 |
19 | $17,745.38 | $939.32 | $0.00 | $100.33 | $18,785.03 |
20 | $18,785.03 | $939.32 | $0.00 | $106.21 | $19,830.56 |
21 | $19,830.56 | $939.32 | $0.00 | $112.12 | $20,882.00 |
22 | $20,882.00 | $939.32 | $0.00 | $118.07 | $21,939.39 |
23 | $21,939.39 | $939.32 | $0.00 | $124.05 | $23,002.76 |
24 | $23,002.76 | $939.32 | $0.00 | $130.06 | $24,072.14 |
25 | $24,072.14 | $939.32 | $0.00 | $136.11 | $25,147.57 |
26 | $25,147.57 | $939.32 | $0.00 | $142.19 | $26,229.08 |
27 | $26,229.08 | $939.32 | $0.00 | $148.30 | $27,316.70 |
28 | $27,316.70 | $939.32 | $0.00 | $154.45 | $28,410.47 |
29 | $28,410.47 | $939.32 | $0.00 | $160.64 | $29,510.43 |
30 | $29,510.43 | $939.32 | $0.00 | $166.86 | $30,616.61 |
31 | $30,616.61 | $939.32 | $0.00 | $173.11 | $31,729.04 |
32 | $31,729.04 | $939.32 | $0.00 | $179.40 | $32,847.76 |
33 | $32,847.76 | $939.32 | $0.00 | $185.73 | $33,972.81 |
34 | $33,972.81 | $939.32 | $0.00 | $192.09 | $35,104.22 |
35 | $35,104.22 | $939.32 | $0.00 | $198.48 | $36,242.02 |
36 | $36,242.02 | $939.32 | $0.00 | $204.92 | $37,386.26 |
37 | $37,386.26 | $939.32 | $0.00 | $211.39 | $38,536.97 |
38 | $38,536.97 | $939.32 | $0.00 | $217.89 | $39,694.18 |
39 | $39,694.18 | $939.32 | $0.00 | $224.44 | $40,857.94 |
40 | $40,857.94 | $939.32 | $0.00 | $231.02 | $42,028.28 |
41 | $42,028.28 | $939.32 | $0.00 | $237.63 | $43,205.23 |
42 | $43,205.23 | $939.32 | $0.00 | $244.29 | $44,388.84 |
43 | $44,388.84 | $939.32 | $0.00 | $250.98 | $45,579.14 |
44 | $45,579.14 | $939.32 | $0.00 | $257.71 | $46,776.17 |
45 | $46,776.17 | $939.32 | $0.00 | $264.48 | $47,979.97 |
46 | $47,979.97 | $939.32 | $0.00 | $271.29 | $49,190.58 |
47 | $49,190.58 | $939.32 | $0.00 | $278.13 | $50,408.03 |
48 | $50,408.03 | $939.32 | $0.00 | $285.01 | $51,632.36 |
49 | $51,632.36 | $939.32 | $0.00 | $291.94 | $52,863.62 |
50 | $52,863.62 | $939.32 | $0.00 | $298.90 | $54,101.84 |
51 | $54,101.84 | $939.32 | $0.00 | $305.90 | $55,347.06 |
52 | $55,347.06 | $939.32 | $0.00 | $312.94 | $56,599.32 |
53 | $56,599.32 | $939.32 | $0.00 | $320.02 | $57,858.66 |
54 | $57,858.66 | $939.32 | $0.00 | $327.14 | $59,125.12 |
55 | $59,125.12 | $939.32 | $0.00 | $334.30 | $60,398.74 |
56 | $60,398.74 | $939.32 | $0.00 | $341.50 | $61,679.56 |
57 | $61,679.56 | $939.32 | $0.00 | $348.75 | $62,967.63 |
58 | $62,967.63 | $939.32 | $0.00 | $356.03 | $64,262.98 |
59 | $64,262.98 | $939.32 | $0.00 | $363.35 | $65,565.65 |
60 | $65,565.65 | $939.32 | $0.00 | $370.72 | $66,875.69 |
61 | $66,875.69 | $939.32 | $0.00 | $378.12 | $68,193.13 |
62 | $68,193.13 | $939.32 | $0.00 | $385.57 | $69,518.02 |
63 | $69,518.02 | $939.32 | $0.00 | $393.06 | $70,850.40 |
64 | $70,850.40 | $939.32 | $0.00 | $400.60 | $72,190.32 |
65 | $72,190.32 | $939.32 | $0.00 | $408.17 | $73,537.81 |
66 | $73,537.81 | $939.32 | $0.00 | $415.79 | $74,892.92 |
67 | $74,892.92 | $939.32 | $0.00 | $423.46 | $76,255.70 |
68 | $76,255.70 | $939.32 | $0.00 | $431.16 | $77,626.18 |
69 | $77,626.18 | $939.32 | $0.00 | $438.91 | $79,004.41 |
70 | $79,004.41 | $939.32 | $0.00 | $446.70 | $80,390.43 |
71 | $80,390.43 | $939.32 | $0.00 | $454.54 | $81,784.29 |
72 | $81,784.29 | $939.32 | $0.00 | $462.42 | $83,186.03 |
73 | $83,186.03 | $939.32 | $0.00 | $470.35 | $84,595.70 |
74 | $84,595.70 | $939.32 | $0.00 | $478.32 | $86,013.34 |
75 | $86,013.34 | $939.32 | $0.00 | $486.33 | $87,438.99 |
76 | $87,438.99 | $939.32 | $0.00 | $494.39 | $88,872.70 |
77 | $88,872.70 | $939.32 | $0.00 | $502.50 | $90,314.52 |
78 | $90,314.52 | $939.32 | $0.00 | $510.65 | $91,764.49 |
79 | $91,764.49 | $939.32 | $0.00 | $518.85 | $93,222.66 |
80 | $93,222.66 | $939.32 | $0.00 | $527.09 | $94,689.07 |
81 | $94,689.07 | $939.32 | $0.00 | $535.39 | $96,163.78 |
82 | $96,163.78 | $939.32 | $0.00 | $543.72 | $97,646.82 |
83 | $97,646.82 | $939.32 | $0.00 | $552.11 | $99,138.25 |
84 | $99,138.25 | $939.32 | $0.00 | $560.54 | $100,638.11 |
85 | $100,638.11 | $939.32 | $0.00 | $569.02 | $102,146.45 |
86 | $102,146.45 | $939.32 | $0.00 | $577.55 | $103,663.32 |
87 | $103,663.32 | $939.32 | $0.00 | $586.13 | $105,188.77 |
88 | $105,188.77 | $939.32 | $0.00 | $594.75 | $106,722.84 |
89 | $106,722.84 | $939.32 | $0.00 | $603.43 | $108,265.59 |
90 | $108,265.59 | $939.32 | $0.00 | $612.15 | $109,817.06 |
91 | $109,817.06 | $939.32 | $0.00 | $620.92 | $111,377.30 |
92 | $111,377.30 | $939.32 | $0.00 | $629.74 | $112,946.36 |
93 | $112,946.36 | $939.32 | $0.00 | $638.62 | $114,524.30 |
94 | $114,524.30 | $939.32 | $0.00 | $647.54 | $116,111.16 |
95 | $116,111.16 | $939.32 | $0.00 | $656.51 | $117,706.99 |
96 | $117,706.99 | $939.32 | $0.00 | $665.53 | $119,311.84 |
97 | $119,311.84 | $939.32 | $0.00 | $674.61 | $120,925.77 |
98 | $120,925.77 | $939.32 | $0.00 | $683.73 | $122,548.82 |
99 | $122,548.82 | $939.32 | $0.00 | $692.91 | $124,181.05 |
100 | $124,181.05 | $939.32 | $0.00 | $702.14 | $125,822.51 |
101 | $125,822.51 | $939.32 | $0.00 | $711.42 | $127,473.25 |
102 | $127,473.25 | $939.32 | $0.00 | $720.75 | $129,133.32 |
103 | $129,133.32 | $939.32 | $0.00 | $730.14 | $130,802.78 |
104 | $130,802.78 | $939.32 | $0.00 | $739.58 | $132,481.68 |
105 | $132,481.68 | $939.32 | $0.00 | $749.07 | $134,170.07 |
106 | $134,170.07 | $939.32 | $0.00 | $758.62 | $135,868.01 |
107 | $135,868.01 | $939.32 | $0.00 | $768.22 | $137,575.55 |
108 | $137,575.55 | $939.32 | $0.00 | $777.87 | $139,292.74 |
109 | $139,292.74 | $939.32 | $0.00 | $787.58 | $141,019.64 |
110 | $141,019.64 | $939.32 | $0.00 | $797.35 | $142,756.31 |
111 | $142,756.31 | $939.32 | $0.00 | $807.16 | $144,502.79 |
112 | $144,502.79 | $939.32 | $0.00 | $817.04 | $146,259.15 |
113 | $146,259.15 | $939.32 | $0.00 | $826.97 | $148,025.44 |
114 | $148,025.44 | $939.32 | $0.00 | $836.96 | $149,801.72 |
115 | $149,801.72 | $939.32 | $0.00 | $847.00 | $151,588.04 |
116 | $151,588.04 | $939.32 | $0.00 | $857.10 | $153,384.46 |
117 | $153,384.46 | $939.32 | $0.00 | $867.26 | $155,191.04 |
118 | $155,191.04 | $939.32 | $0.00 | $877.47 | $157,007.83 |
119 | $157,007.83 | $939.32 | $0.00 | $887.75 | $158,834.90 |
120 | $158,834.90 | $939.32 | $0.00 | $898.08 | $160,672.30 |
121 | $160,672.30 | $939.32 | $0.00 | $908.46 | $162,520.08 |
122 | $162,520.08 | $939.32 | $0.00 | $918.91 | $164,378.31 |
123 | $164,378.31 | $939.32 | $0.00 | $929.42 | $166,247.05 |
124 | $166,247.05 | $939.32 | $0.00 | $939.98 | $168,126.35 |
125 | $168,126.35 | $939.32 | $0.00 | $950.61 | $170,016.28 |
126 | $170,016.28 | $939.32 | $0.00 | $961.30 | $171,916.90 |
127 | $171,916.90 | $939.32 | $0.00 | $972.04 | $173,828.26 |
128 | $173,828.26 | $939.32 | $0.00 | $982.85 | $175,750.43 |
129 | $175,750.43 | $939.32 | $0.00 | $993.72 | $177,683.47 |
130 | $177,683.47 | $939.32 | $0.00 | $1,004.65 | $179,627.44 |
131 | $179,627.44 | $939.32 | $0.00 | $1,015.64 | $181,582.40 |
132 | $181,582.40 | $939.32 | $0.00 | $1,026.69 | $183,548.41 |
133 | $183,548.41 | $939.32 | $0.00 | $1,037.81 | $185,525.54 |
134 | $185,525.54 | $939.32 | $0.00 | $1,048.99 | $187,513.85 |
135 | $187,513.85 | $939.32 | $0.00 | $1,060.23 | $189,513.40 |
136 | $189,513.40 | $939.32 | $0.00 | $1,071.54 | $191,524.26 |
137 | $191,524.26 | $939.32 | $0.00 | $1,082.91 | $193,546.49 |
138 | $193,546.49 | $939.32 | $0.00 | $1,094.34 | $195,580.15 |
139 | $195,580.15 | $939.32 | $0.00 | $1,105.84 | $197,625.31 |
140 | $197,625.31 | $939.32 | $0.00 | $1,117.40 | $199,682.03 |
141 | $199,682.03 | $939.32 | $0.00 | $1,129.03 | $201,750.38 |
142 | $201,750.38 | $939.32 | $0.00 | $1,140.73 | $203,830.43 |
143 | $203,830.43 | $939.32 | $0.00 | $1,152.49 | $205,922.24 |
144 | $205,922.24 | $939.32 | $0.00 | $1,164.31 | $208,025.87 |
145 | $208,025.87 | $939.32 | $0.00 | $1,176.21 | $210,141.40 |
146 | $210,141.40 | $939.32 | $0.00 | $1,188.17 | $212,268.89 |
147 | $212,268.89 | $939.32 | $0.00 | $1,200.20 | $214,408.41 |
148 | $214,408.41 | $939.32 | $0.00 | $1,212.30 | $216,560.03 |
149 | $216,560.03 | $939.32 | $0.00 | $1,224.46 | $218,723.81 |
150 | $218,723.81 | $939.32 | $0.00 | $1,236.70 | $220,899.83 |
151 | $220,899.83 | $939.32 | $0.00 | $1,249.00 | $223,088.15 |
152 | $223,088.15 | $939.32 | $0.00 | $1,261.37 | $225,288.84 |
153 | $225,288.84 | $939.32 | $0.00 | $1,273.82 | $227,501.98 |
154 | $227,501.98 | $939.32 | $0.00 | $1,286.33 | $229,727.63 |
155 | $229,727.63 | $939.32 | $0.00 | $1,298.91 | $231,965.86 |
156 | $231,965.86 | $939.32 | $0.00 | $1,311.57 | $234,216.75 |
157 | $234,216.75 | $939.32 | $0.00 | $1,324.30 | $236,480.37 |
158 | $236,480.37 | $939.32 | $0.00 | $1,337.09 | $238,756.78 |
159 | $238,756.78 | $939.32 | $0.00 | $1,349.97 | $241,046.07 |
160 | $241,046.07 | $939.32 | $0.00 | $1,362.91 | $243,348.30 |
161 | $243,348.30 | $939.32 | $0.00 | $1,375.93 | $245,663.55 |
162 | $245,663.55 | $939.32 | $0.00 | $1,389.02 | $247,991.89 |
163 | $247,991.89 | $939.32 | $0.00 | $1,402.18 | $250,333.39 |
164 | $250,333.39 | $939.32 | $0.00 | $1,415.42 | $252,688.13 |
165 | $252,688.13 | $939.32 | $0.00 | $1,428.74 | $255,056.19 |
166 | $255,056.19 | $939.32 | $0.00 | $1,442.12 | $257,437.63 |
167 | $257,437.63 | $939.32 | $0.00 | $1,455.59 | $259,832.54 |
168 | $259,832.54 | $939.32 | $0.00 | $1,469.13 | $262,240.99 |
169 | $262,240.99 | $939.32 | $0.00 | $1,482.75 | $264,663.06 |
170 | $264,663.06 | $939.32 | $0.00 | $1,496.44 | $267,098.82 |
171 | $267,098.82 | $939.32 | $0.00 | $1,510.22 | $269,548.36 |
172 | $269,548.36 | $939.32 | $0.00 | $1,524.07 | $272,011.75 |
173 | $272,011.75 | $939.32 | $0.00 | $1,537.99 | $274,489.06 |
174 | $274,489.06 | $939.32 | $0.00 | $1,552.00 | $276,980.38 |
175 | $276,980.38 | $939.32 | $0.00 | $1,566.09 | $279,485.79 |
176 | $279,485.79 | $939.32 | $0.00 | $1,580.25 | $282,005.36 |
177 | $282,005.36 | $939.32 | $0.00 | $1,594.50 | $284,539.18 |
178 | $284,539.18 | $939.32 | $0.00 | $1,608.83 | $287,087.33 |
179 | $287,087.33 | $939.32 | $0.00 | $1,623.23 | $289,649.88 |
180 | $289,649.88 | $939.32 | $0.00 | $1,637.72 | $292,226.92 |
181 | $292,226.92 | $939.32 | $0.00 | $1,652.29 | $294,818.53 |
182 | $294,818.53 | $939.32 | $0.00 | $1,666.95 | $297,424.80 |
183 | $297,424.80 | $939.32 | $0.00 | $1,681.68 | $300,045.80 |
184 | $300,045.80 | $939.32 | $0.00 | $1,696.50 | $302,681.62 |
185 | $302,681.62 | $939.32 | $0.00 | $1,711.41 | $305,332.35 |
186 | $305,332.35 | $939.32 | $0.00 | $1,726.39 | $307,998.06 |
187 | $307,998.06 | $939.32 | $0.00 | $1,741.47 | $310,678.85 |
188 | $310,678.85 | $939.32 | $0.00 | $1,756.62 | $313,374.79 |
189 | $313,374.79 | $939.32 | $0.00 | $1,771.87 | $316,085.98 |
190 | $316,085.98 | $939.32 | $0.00 | $1,787.20 | $318,812.50 |
191 | $318,812.50 | $939.32 | $0.00 | $1,802.61 | $321,554.43 |
192 | $321,554.43 | $939.32 | $0.00 | $1,818.12 | $324,311.87 |
193 | $324,311.87 | $939.32 | $0.00 | $1,833.71 | $327,084.90 |
194 | $327,084.90 | $939.32 | $0.00 | $1,849.39 | $329,873.61 |
195 | $329,873.61 | $939.32 | $0.00 | $1,865.15 | $332,678.08 |
196 | $332,678.08 | $939.32 | $0.00 | $1,881.01 | $335,498.41 |
197 | $335,498.41 | $939.32 | $0.00 | $1,896.96 | $338,334.69 |
198 | $338,334.69 | $939.32 | $0.00 | $1,912.99 | $341,187.00 |
199 | $341,187.00 | $939.32 | $0.00 | $1,929.12 | $344,055.44 |
200 | $344,055.44 | $939.32 | $0.00 | $1,945.34 | $346,940.10 |
201 | $346,940.10 | $939.32 | $0.00 | $1,961.65 | $349,841.07 |
202 | $349,841.07 | $939.32 | $0.00 | $1,978.05 | $352,758.44 |
203 | $352,758.44 | $939.32 | $0.00 | $1,994.55 | $355,692.31 |
204 | $355,692.31 | $939.32 | $0.00 | $2,011.14 | $358,642.77 |
205 | $358,642.77 | $939.32 | $0.00 | $2,027.82 | $361,609.91 |
206 | $361,609.91 | $939.32 | $0.00 | $2,044.60 | $364,593.83 |
207 | $364,593.83 | $939.32 | $0.00 | $2,061.47 | $367,594.62 |
208 | $367,594.62 | $939.32 | $0.00 | $2,078.43 | $370,612.37 |
209 | $370,612.37 | $939.32 | $0.00 | $2,095.50 | $373,647.19 |
210 | $373,647.19 | $939.32 | $0.00 | $2,112.66 | $376,699.17 |
211 | $376,699.17 | $939.32 | $0.00 | $2,129.91 | $379,768.40 |
212 | $379,768.40 | $939.32 | $0.00 | $2,147.27 | $382,854.99 |
213 | $382,854.99 | $939.32 | $0.00 | $2,164.72 | $385,959.03 |
214 | $385,959.03 | $939.32 | $0.00 | $2,182.27 | $389,080.62 |
215 | $389,080.62 | $939.32 | $0.00 | $2,199.92 | $392,219.86 |
216 | $392,219.86 | $939.32 | $0.00 | $2,217.67 | $395,376.85 |
217 | $395,376.85 | $939.32 | $107,076.25 | $2,235.52 | $291,475.44 |
218 | $291,475.44 | $939.32 | $0.00 | $1,648.04 | $294,062.80 |
219 | $294,062.80 | $939.32 | $0.00 | $1,662.67 | $296,664.79 |
220 | $296,664.79 | $939.32 | $0.00 | $1,677.39 | $299,281.50 |
221 | $299,281.50 | $939.32 | $0.00 | $1,692.18 | $301,913.00 |
222 | $301,913.00 | $939.32 | $0.00 | $1,707.06 | $304,559.38 |
223 | $304,559.38 | $939.32 | $0.00 | $1,722.02 | $307,220.72 |
224 | $307,220.72 | $939.32 | $0.00 | $1,737.07 | $309,897.11 |
225 | $309,897.11 | $939.32 | $0.00 | $1,752.20 | $312,588.63 |
226 | $312,588.63 | $939.32 | $0.00 | $1,767.42 | $315,295.37 |
227 | $315,295.37 | $939.32 | $0.00 | $1,782.73 | $318,017.42 |
228 | $318,017.42 | $939.32 | $0.00 | $1,798.12 | $320,754.86 |
229 | $320,754.86 | $939.32 | $114,571.59 | $1,813.59 | $208,936.18 |
230 | $208,936.18 | $939.32 | $0.00 | $1,181.36 | $211,056.86 |
231 | $211,056.86 | $939.32 | $0.00 | $1,193.35 | $213,189.53 |
232 | $213,189.53 | $939.32 | $0.00 | $1,205.40 | $215,334.25 |
233 | $215,334.25 | $939.32 | $0.00 | $1,217.53 | $217,491.10 |
234 | $217,491.10 | $939.32 | $0.00 | $1,229.73 | $219,660.15 |
235 | $219,660.15 | $939.32 | $0.00 | $1,241.99 | $221,841.46 |
236 | $221,841.46 | $939.32 | $0.00 | $1,254.32 | $224,035.10 |
237 | $224,035.10 | $939.32 | $0.00 | $1,266.73 | $226,241.15 |
238 | $226,241.15 | $939.32 | $0.00 | $1,279.20 | $228,459.67 |
239 | $228,459.67 | $939.32 | $0.00 | $1,291.74 | $230,690.73 |
240 | $230,690.73 | $939.32 | $0.00 | $1,304.36 | $232,934.41 |
241 | $232,934.41 | $939.32 | $122,591.60 | $1,317.05 | $112,599.18 |
242 | $112,599.18 | $939.32 | $0.00 | $636.65 | $114,175.15 |
243 | $114,175.15 | $939.32 | $0.00 | $645.56 | $115,760.03 |
244 | $115,760.03 | $939.32 | $0.00 | $654.52 | $117,353.87 |
245 | $117,353.87 | $939.32 | $0.00 | $663.54 | $118,956.73 |
246 | $118,956.73 | $939.32 | $0.00 | $672.60 | $120,568.65 |
247 | $120,568.65 | $939.32 | $0.00 | $681.71 | $122,189.68 |
248 | $122,189.68 | $939.32 | $0.00 | $690.88 | $123,819.88 |
249 | $123,819.88 | $939.32 | $0.00 | $700.10 | $125,459.30 |
250 | $125,459.30 | $939.32 | $0.00 | $709.37 | $127,107.99 |
251 | $127,107.99 | $939.32 | $0.00 | $718.69 | $128,766.00 |
252 | $128,766.00 | $939.32 | $0.00 | $728.06 | $130,433.38 |
253 | $130,433.38 | $0.00 | $131,173.02 | $737.49 | -$2.15 |