How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $78,325 |
Monthly savings required | $620 |
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 $313,300.95 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $620.00 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 | $30,204.00 |
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 University of Louisville in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $620.00 | $0.00 | $0.00 | $620.00 |
2 | $620.00 | $620.00 | $0.00 | $3.51 | $1,243.51 |
3 | $1,243.51 | $620.00 | $0.00 | $7.03 | $1,870.54 |
4 | $1,870.54 | $620.00 | $0.00 | $10.58 | $2,501.12 |
5 | $2,501.12 | $620.00 | $0.00 | $14.14 | $3,135.26 |
6 | $3,135.26 | $620.00 | $0.00 | $17.73 | $3,772.99 |
7 | $3,772.99 | $620.00 | $0.00 | $21.33 | $4,414.32 |
8 | $4,414.32 | $620.00 | $0.00 | $24.96 | $5,059.28 |
9 | $5,059.28 | $620.00 | $0.00 | $28.61 | $5,707.89 |
10 | $5,707.89 | $620.00 | $0.00 | $32.27 | $6,360.16 |
11 | $6,360.16 | $620.00 | $0.00 | $35.96 | $7,016.12 |
12 | $7,016.12 | $620.00 | $0.00 | $39.67 | $7,675.79 |
13 | $7,675.79 | $620.00 | $0.00 | $43.40 | $8,339.19 |
14 | $8,339.19 | $620.00 | $0.00 | $47.15 | $9,006.34 |
15 | $9,006.34 | $620.00 | $0.00 | $50.92 | $9,677.26 |
16 | $9,677.26 | $620.00 | $0.00 | $54.72 | $10,351.98 |
17 | $10,351.98 | $620.00 | $0.00 | $58.53 | $11,030.51 |
18 | $11,030.51 | $620.00 | $0.00 | $62.37 | $11,712.88 |
19 | $11,712.88 | $620.00 | $0.00 | $66.23 | $12,399.11 |
20 | $12,399.11 | $620.00 | $0.00 | $70.11 | $13,089.22 |
21 | $13,089.22 | $620.00 | $0.00 | $74.01 | $13,783.23 |
22 | $13,783.23 | $620.00 | $0.00 | $77.93 | $14,481.16 |
23 | $14,481.16 | $620.00 | $0.00 | $81.88 | $15,183.04 |
24 | $15,183.04 | $620.00 | $0.00 | $85.85 | $15,888.89 |
25 | $15,888.89 | $620.00 | $0.00 | $89.84 | $16,598.73 |
26 | $16,598.73 | $620.00 | $0.00 | $93.85 | $17,312.58 |
27 | $17,312.58 | $620.00 | $0.00 | $97.89 | $18,030.47 |
28 | $18,030.47 | $620.00 | $0.00 | $101.95 | $18,752.42 |
29 | $18,752.42 | $620.00 | $0.00 | $106.03 | $19,478.45 |
30 | $19,478.45 | $620.00 | $0.00 | $110.13 | $20,208.58 |
31 | $20,208.58 | $620.00 | $0.00 | $114.26 | $20,942.84 |
32 | $20,942.84 | $620.00 | $0.00 | $118.41 | $21,681.25 |
33 | $21,681.25 | $620.00 | $0.00 | $122.59 | $22,423.84 |
34 | $22,423.84 | $620.00 | $0.00 | $126.79 | $23,170.63 |
35 | $23,170.63 | $620.00 | $0.00 | $131.01 | $23,921.64 |
36 | $23,921.64 | $620.00 | $0.00 | $135.26 | $24,676.90 |
37 | $24,676.90 | $620.00 | $0.00 | $139.53 | $25,436.43 |
38 | $25,436.43 | $620.00 | $0.00 | $143.82 | $26,200.25 |
39 | $26,200.25 | $620.00 | $0.00 | $148.14 | $26,968.39 |
40 | $26,968.39 | $620.00 | $0.00 | $152.48 | $27,740.87 |
41 | $27,740.87 | $620.00 | $0.00 | $156.85 | $28,517.72 |
42 | $28,517.72 | $620.00 | $0.00 | $161.24 | $29,298.96 |
43 | $29,298.96 | $620.00 | $0.00 | $165.66 | $30,084.62 |
44 | $30,084.62 | $620.00 | $0.00 | $170.10 | $30,874.72 |
45 | $30,874.72 | $620.00 | $0.00 | $174.57 | $31,669.29 |
46 | $31,669.29 | $620.00 | $0.00 | $179.06 | $32,468.35 |
47 | $32,468.35 | $620.00 | $0.00 | $183.58 | $33,271.93 |
48 | $33,271.93 | $620.00 | $0.00 | $188.12 | $34,080.05 |
49 | $34,080.05 | $620.00 | $0.00 | $192.69 | $34,892.74 |
50 | $34,892.74 | $620.00 | $0.00 | $197.29 | $35,710.03 |
51 | $35,710.03 | $620.00 | $0.00 | $201.91 | $36,531.94 |
52 | $36,531.94 | $620.00 | $0.00 | $206.56 | $37,358.50 |
53 | $37,358.50 | $620.00 | $0.00 | $211.23 | $38,189.73 |
54 | $38,189.73 | $620.00 | $0.00 | $215.93 | $39,025.66 |
55 | $39,025.66 | $620.00 | $0.00 | $220.66 | $39,866.32 |
56 | $39,866.32 | $620.00 | $0.00 | $225.41 | $40,711.73 |
57 | $40,711.73 | $620.00 | $0.00 | $230.19 | $41,561.92 |
58 | $41,561.92 | $620.00 | $0.00 | $235.00 | $42,416.92 |
59 | $42,416.92 | $620.00 | $0.00 | $239.83 | $43,276.75 |
60 | $43,276.75 | $620.00 | $0.00 | $244.69 | $44,141.44 |
61 | $44,141.44 | $620.00 | $0.00 | $249.58 | $45,011.02 |
62 | $45,011.02 | $620.00 | $0.00 | $254.50 | $45,885.52 |
63 | $45,885.52 | $620.00 | $0.00 | $259.44 | $46,764.96 |
64 | $46,764.96 | $620.00 | $0.00 | $264.42 | $47,649.38 |
65 | $47,649.38 | $620.00 | $0.00 | $269.42 | $48,538.80 |
66 | $48,538.80 | $620.00 | $0.00 | $274.45 | $49,433.25 |
67 | $49,433.25 | $620.00 | $0.00 | $279.50 | $50,332.75 |
68 | $50,332.75 | $620.00 | $0.00 | $284.59 | $51,237.34 |
69 | $51,237.34 | $620.00 | $0.00 | $289.70 | $52,147.04 |
70 | $52,147.04 | $620.00 | $0.00 | $294.85 | $53,061.89 |
71 | $53,061.89 | $620.00 | $0.00 | $300.02 | $53,981.91 |
72 | $53,981.91 | $620.00 | $0.00 | $305.22 | $54,907.13 |
73 | $54,907.13 | $620.00 | $0.00 | $310.45 | $55,837.58 |
74 | $55,837.58 | $620.00 | $0.00 | $315.71 | $56,773.29 |
75 | $56,773.29 | $620.00 | $0.00 | $321.00 | $57,714.29 |
76 | $57,714.29 | $620.00 | $0.00 | $326.32 | $58,660.61 |
77 | $58,660.61 | $620.00 | $0.00 | $331.68 | $59,612.29 |
78 | $59,612.29 | $620.00 | $0.00 | $337.06 | $60,569.35 |
79 | $60,569.35 | $620.00 | $0.00 | $342.47 | $61,531.82 |
80 | $61,531.82 | $620.00 | $0.00 | $347.91 | $62,499.73 |
81 | $62,499.73 | $620.00 | $0.00 | $353.38 | $63,473.11 |
82 | $63,473.11 | $620.00 | $0.00 | $358.89 | $64,452.00 |
83 | $64,452.00 | $620.00 | $0.00 | $364.42 | $65,436.42 |
84 | $65,436.42 | $620.00 | $0.00 | $369.99 | $66,426.41 |
85 | $66,426.41 | $620.00 | $0.00 | $375.58 | $67,421.99 |
86 | $67,421.99 | $620.00 | $0.00 | $381.21 | $68,423.20 |
87 | $68,423.20 | $620.00 | $0.00 | $386.87 | $69,430.07 |
88 | $69,430.07 | $620.00 | $0.00 | $392.57 | $70,442.64 |
89 | $70,442.64 | $620.00 | $0.00 | $398.29 | $71,460.93 |
90 | $71,460.93 | $620.00 | $0.00 | $404.05 | $72,484.98 |
91 | $72,484.98 | $620.00 | $0.00 | $409.84 | $73,514.82 |
92 | $73,514.82 | $620.00 | $0.00 | $415.66 | $74,550.48 |
93 | $74,550.48 | $620.00 | $0.00 | $421.52 | $75,592.00 |
94 | $75,592.00 | $620.00 | $0.00 | $427.41 | $76,639.41 |
95 | $76,639.41 | $620.00 | $0.00 | $433.33 | $77,692.74 |
96 | $77,692.74 | $620.00 | $0.00 | $439.29 | $78,752.03 |
97 | $78,752.03 | $620.00 | $0.00 | $445.28 | $79,817.31 |
98 | $79,817.31 | $620.00 | $0.00 | $451.30 | $80,888.61 |
99 | $80,888.61 | $620.00 | $0.00 | $457.36 | $81,965.97 |
100 | $81,965.97 | $620.00 | $0.00 | $463.45 | $83,049.42 |
101 | $83,049.42 | $620.00 | $0.00 | $469.57 | $84,138.99 |
102 | $84,138.99 | $620.00 | $0.00 | $475.73 | $85,234.72 |
103 | $85,234.72 | $620.00 | $0.00 | $481.93 | $86,336.65 |
104 | $86,336.65 | $620.00 | $0.00 | $488.16 | $87,444.81 |
105 | $87,444.81 | $620.00 | $0.00 | $494.43 | $88,559.24 |
106 | $88,559.24 | $620.00 | $0.00 | $500.73 | $89,679.97 |
107 | $89,679.97 | $620.00 | $0.00 | $507.06 | $90,807.03 |
108 | $90,807.03 | $620.00 | $0.00 | $513.44 | $91,940.47 |
109 | $91,940.47 | $620.00 | $0.00 | $519.84 | $93,080.31 |
110 | $93,080.31 | $620.00 | $0.00 | $526.29 | $94,226.60 |
111 | $94,226.60 | $620.00 | $0.00 | $532.77 | $95,379.37 |
112 | $95,379.37 | $620.00 | $0.00 | $539.29 | $96,538.66 |
113 | $96,538.66 | $620.00 | $0.00 | $545.84 | $97,704.50 |
114 | $97,704.50 | $620.00 | $0.00 | $552.44 | $98,876.94 |
115 | $98,876.94 | $620.00 | $0.00 | $559.06 | $100,056.00 |
116 | $100,056.00 | $620.00 | $0.00 | $565.73 | $101,241.73 |
117 | $101,241.73 | $620.00 | $0.00 | $572.44 | $102,434.17 |
118 | $102,434.17 | $620.00 | $0.00 | $579.18 | $103,633.35 |
119 | $103,633.35 | $620.00 | $0.00 | $585.96 | $104,839.31 |
120 | $104,839.31 | $620.00 | $0.00 | $592.78 | $106,052.09 |
121 | $106,052.09 | $620.00 | $0.00 | $599.63 | $107,271.72 |
122 | $107,271.72 | $620.00 | $0.00 | $606.53 | $108,498.25 |
123 | $108,498.25 | $620.00 | $0.00 | $613.46 | $109,731.71 |
124 | $109,731.71 | $620.00 | $0.00 | $620.44 | $110,972.15 |
125 | $110,972.15 | $620.00 | $0.00 | $627.45 | $112,219.60 |
126 | $112,219.60 | $620.00 | $0.00 | $634.51 | $113,474.11 |
127 | $113,474.11 | $620.00 | $0.00 | $641.60 | $114,735.71 |
128 | $114,735.71 | $620.00 | $0.00 | $648.73 | $116,004.44 |
129 | $116,004.44 | $620.00 | $0.00 | $655.91 | $117,280.35 |
130 | $117,280.35 | $620.00 | $0.00 | $663.12 | $118,563.47 |
131 | $118,563.47 | $620.00 | $0.00 | $670.38 | $119,853.85 |
132 | $119,853.85 | $620.00 | $0.00 | $677.67 | $121,151.52 |
133 | $121,151.52 | $620.00 | $0.00 | $685.01 | $122,456.53 |
134 | $122,456.53 | $620.00 | $0.00 | $692.39 | $123,768.92 |
135 | $123,768.92 | $620.00 | $0.00 | $699.81 | $125,088.73 |
136 | $125,088.73 | $620.00 | $0.00 | $707.27 | $126,416.00 |
137 | $126,416.00 | $620.00 | $0.00 | $714.77 | $127,750.77 |
138 | $127,750.77 | $620.00 | $0.00 | $722.32 | $129,093.09 |
139 | $129,093.09 | $620.00 | $0.00 | $729.91 | $130,443.00 |
140 | $130,443.00 | $620.00 | $0.00 | $737.54 | $131,800.54 |
141 | $131,800.54 | $620.00 | $0.00 | $745.22 | $133,165.76 |
142 | $133,165.76 | $620.00 | $0.00 | $752.94 | $134,538.70 |
143 | $134,538.70 | $620.00 | $0.00 | $760.70 | $135,919.40 |
144 | $135,919.40 | $620.00 | $0.00 | $768.51 | $137,307.91 |
145 | $137,307.91 | $620.00 | $0.00 | $776.36 | $138,704.27 |
146 | $138,704.27 | $620.00 | $0.00 | $784.25 | $140,108.52 |
147 | $140,108.52 | $620.00 | $0.00 | $792.19 | $141,520.71 |
148 | $141,520.71 | $620.00 | $0.00 | $800.18 | $142,940.89 |
149 | $142,940.89 | $620.00 | $0.00 | $808.21 | $144,369.10 |
150 | $144,369.10 | $620.00 | $0.00 | $816.28 | $145,805.38 |
151 | $145,805.38 | $620.00 | $0.00 | $824.40 | $147,249.78 |
152 | $147,249.78 | $620.00 | $0.00 | $832.57 | $148,702.35 |
153 | $148,702.35 | $620.00 | $0.00 | $840.78 | $150,163.13 |
154 | $150,163.13 | $620.00 | $0.00 | $849.04 | $151,632.17 |
155 | $151,632.17 | $620.00 | $0.00 | $857.35 | $153,109.52 |
156 | $153,109.52 | $620.00 | $0.00 | $865.70 | $154,595.22 |
157 | $154,595.22 | $620.00 | $0.00 | $874.10 | $156,089.32 |
158 | $156,089.32 | $620.00 | $0.00 | $882.55 | $157,591.87 |
159 | $157,591.87 | $620.00 | $0.00 | $891.05 | $159,102.92 |
160 | $159,102.92 | $620.00 | $0.00 | $899.59 | $160,622.51 |
161 | $160,622.51 | $620.00 | $0.00 | $908.18 | $162,150.69 |
162 | $162,150.69 | $620.00 | $0.00 | $916.82 | $163,687.51 |
163 | $163,687.51 | $620.00 | $0.00 | $925.51 | $165,233.02 |
164 | $165,233.02 | $620.00 | $0.00 | $934.25 | $166,787.27 |
165 | $166,787.27 | $620.00 | $0.00 | $943.04 | $168,350.31 |
166 | $168,350.31 | $620.00 | $0.00 | $951.88 | $169,922.19 |
167 | $169,922.19 | $620.00 | $0.00 | $960.76 | $171,502.95 |
168 | $171,502.95 | $620.00 | $0.00 | $969.70 | $173,092.65 |
169 | $173,092.65 | $620.00 | $0.00 | $978.69 | $174,691.34 |
170 | $174,691.34 | $620.00 | $0.00 | $987.73 | $176,299.07 |
171 | $176,299.07 | $620.00 | $0.00 | $996.82 | $177,915.89 |
172 | $177,915.89 | $620.00 | $0.00 | $1,005.96 | $179,541.85 |
173 | $179,541.85 | $620.00 | $0.00 | $1,015.16 | $181,177.01 |
174 | $181,177.01 | $620.00 | $0.00 | $1,024.40 | $182,821.41 |
175 | $182,821.41 | $620.00 | $0.00 | $1,033.70 | $184,475.11 |
176 | $184,475.11 | $620.00 | $0.00 | $1,043.05 | $186,138.16 |
177 | $186,138.16 | $620.00 | $0.00 | $1,052.45 | $187,810.61 |
178 | $187,810.61 | $620.00 | $0.00 | $1,061.91 | $189,492.52 |
179 | $189,492.52 | $620.00 | $0.00 | $1,071.42 | $191,183.94 |
180 | $191,183.94 | $620.00 | $0.00 | $1,080.98 | $192,884.92 |
181 | $192,884.92 | $620.00 | $0.00 | $1,090.60 | $194,595.52 |
182 | $194,595.52 | $620.00 | $0.00 | $1,100.27 | $196,315.79 |
183 | $196,315.79 | $620.00 | $0.00 | $1,110.00 | $198,045.79 |
184 | $198,045.79 | $620.00 | $0.00 | $1,119.78 | $199,785.57 |
185 | $199,785.57 | $620.00 | $0.00 | $1,129.62 | $201,535.19 |
186 | $201,535.19 | $620.00 | $0.00 | $1,139.51 | $203,294.70 |
187 | $203,294.70 | $620.00 | $0.00 | $1,149.46 | $205,064.16 |
188 | $205,064.16 | $620.00 | $0.00 | $1,159.46 | $206,843.62 |
189 | $206,843.62 | $620.00 | $0.00 | $1,169.52 | $208,633.14 |
190 | $208,633.14 | $620.00 | $0.00 | $1,179.64 | $210,432.78 |
191 | $210,432.78 | $620.00 | $0.00 | $1,189.82 | $212,242.60 |
192 | $212,242.60 | $620.00 | $0.00 | $1,200.05 | $214,062.65 |
193 | $214,062.65 | $620.00 | $0.00 | $1,210.34 | $215,892.99 |
194 | $215,892.99 | $620.00 | $0.00 | $1,220.69 | $217,733.68 |
195 | $217,733.68 | $620.00 | $0.00 | $1,231.10 | $219,584.78 |
196 | $219,584.78 | $620.00 | $0.00 | $1,241.56 | $221,446.34 |
197 | $221,446.34 | $620.00 | $0.00 | $1,252.09 | $223,318.43 |
198 | $223,318.43 | $620.00 | $0.00 | $1,262.67 | $225,201.10 |
199 | $225,201.10 | $620.00 | $0.00 | $1,273.32 | $227,094.42 |
200 | $227,094.42 | $620.00 | $0.00 | $1,284.02 | $228,998.44 |
201 | $228,998.44 | $620.00 | $0.00 | $1,294.79 | $230,913.23 |
202 | $230,913.23 | $620.00 | $0.00 | $1,305.62 | $232,838.85 |
203 | $232,838.85 | $620.00 | $0.00 | $1,316.50 | $234,775.35 |
204 | $234,775.35 | $620.00 | $0.00 | $1,327.45 | $236,722.80 |
205 | $236,722.80 | $620.00 | $0.00 | $1,338.47 | $238,681.27 |
206 | $238,681.27 | $620.00 | $0.00 | $1,349.54 | $240,650.81 |
207 | $240,650.81 | $620.00 | $0.00 | $1,360.67 | $242,631.48 |
208 | $242,631.48 | $620.00 | $0.00 | $1,371.87 | $244,623.35 |
209 | $244,623.35 | $620.00 | $0.00 | $1,383.14 | $246,626.49 |
210 | $246,626.49 | $620.00 | $0.00 | $1,394.46 | $248,640.95 |
211 | $248,640.95 | $620.00 | $0.00 | $1,405.85 | $250,666.80 |
212 | $250,666.80 | $620.00 | $0.00 | $1,417.31 | $252,704.11 |
213 | $252,704.11 | $620.00 | $0.00 | $1,428.83 | $254,752.94 |
214 | $254,752.94 | $620.00 | $0.00 | $1,440.41 | $256,813.35 |
215 | $256,813.35 | $620.00 | $0.00 | $1,452.06 | $258,885.41 |
216 | $258,885.41 | $620.00 | $0.00 | $1,463.78 | $260,969.19 |
217 | $260,969.19 | $620.00 | $72,689.53 | $1,475.56 | $190,375.22 |
218 | $190,375.22 | $620.00 | $0.00 | $1,076.41 | $192,071.63 |
219 | $192,071.63 | $620.00 | $0.00 | $1,086.00 | $193,777.63 |
220 | $193,777.63 | $620.00 | $0.00 | $1,095.65 | $195,493.28 |
221 | $195,493.28 | $620.00 | $0.00 | $1,105.35 | $197,218.63 |
222 | $197,218.63 | $620.00 | $0.00 | $1,115.10 | $198,953.73 |
223 | $198,953.73 | $620.00 | $0.00 | $1,124.91 | $200,698.64 |
224 | $200,698.64 | $620.00 | $0.00 | $1,134.78 | $202,453.42 |
225 | $202,453.42 | $620.00 | $0.00 | $1,144.70 | $204,218.12 |
226 | $204,218.12 | $620.00 | $0.00 | $1,154.68 | $205,992.80 |
227 | $205,992.80 | $620.00 | $0.00 | $1,164.71 | $207,777.51 |
228 | $207,777.51 | $620.00 | $0.00 | $1,174.80 | $209,572.31 |
229 | $209,572.31 | $620.00 | $76,324.00 | $1,184.95 | $135,053.26 |
230 | $135,053.26 | $620.00 | $0.00 | $763.61 | $136,436.87 |
231 | $136,436.87 | $620.00 | $0.00 | $771.43 | $137,828.30 |
232 | $137,828.30 | $620.00 | $0.00 | $779.30 | $139,227.60 |
233 | $139,227.60 | $620.00 | $0.00 | $787.21 | $140,634.81 |
234 | $140,634.81 | $620.00 | $0.00 | $795.17 | $142,049.98 |
235 | $142,049.98 | $620.00 | $0.00 | $803.17 | $143,473.15 |
236 | $143,473.15 | $620.00 | $0.00 | $811.22 | $144,904.37 |
237 | $144,904.37 | $620.00 | $0.00 | $819.31 | $146,343.68 |
238 | $146,343.68 | $620.00 | $0.00 | $827.45 | $147,791.13 |
239 | $147,791.13 | $620.00 | $0.00 | $835.63 | $149,246.76 |
240 | $149,246.76 | $620.00 | $0.00 | $843.86 | $150,710.62 |
241 | $150,710.62 | $620.00 | $80,140.20 | $852.14 | $72,042.56 |
242 | $72,042.56 | $620.00 | $0.00 | $407.34 | $73,069.90 |
243 | $73,069.90 | $620.00 | $0.00 | $413.15 | $74,103.05 |
244 | $74,103.05 | $620.00 | $0.00 | $418.99 | $75,142.04 |
245 | $75,142.04 | $620.00 | $0.00 | $424.86 | $76,186.90 |
246 | $76,186.90 | $620.00 | $0.00 | $430.77 | $77,237.67 |
247 | $77,237.67 | $620.00 | $0.00 | $436.71 | $78,294.38 |
248 | $78,294.38 | $620.00 | $0.00 | $442.69 | $79,357.07 |
249 | $79,357.07 | $620.00 | $0.00 | $448.70 | $80,425.77 |
250 | $80,425.77 | $620.00 | $0.00 | $454.74 | $81,500.51 |
251 | $81,500.51 | $620.00 | $0.00 | $460.82 | $82,581.33 |
252 | $82,581.33 | $620.00 | $0.00 | $466.93 | $83,668.26 |
253 | $83,668.26 | $0.00 | $84,147.21 | $473.07 | ($5.88) |