Estimated Annual Cost in 2042 | $80,203 |
Monthly savings required | $634 |
How much will it cost to send your child to University of Maine at Augusta in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $320,813.37 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $633.87 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.
Current Annual Cost | $21,378.00 |
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 Maine at Augusta in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $633.87 | $0.00 | $0.00 | $633.87 |
2 | $633.87 | $633.87 | $0.00 | $3.58 | $1,271.32 |
3 | $1,271.32 | $633.87 | $0.00 | $7.19 | $1,912.38 |
4 | $1,912.38 | $633.87 | $0.00 | $10.81 | $2,557.06 |
5 | $2,557.06 | $633.87 | $0.00 | $14.46 | $3,205.39 |
6 | $3,205.39 | $633.87 | $0.00 | $18.12 | $3,857.38 |
7 | $3,857.38 | $633.87 | $0.00 | $21.81 | $4,513.06 |
8 | $4,513.06 | $633.87 | $0.00 | $25.52 | $5,172.45 |
9 | $5,172.45 | $633.87 | $0.00 | $29.25 | $5,835.57 |
10 | $5,835.57 | $633.87 | $0.00 | $33.00 | $6,502.44 |
11 | $6,502.44 | $633.87 | $0.00 | $36.77 | $7,173.08 |
12 | $7,173.08 | $633.87 | $0.00 | $40.56 | $7,847.51 |
13 | $7,847.51 | $633.87 | $0.00 | $44.37 | $8,525.75 |
14 | $8,525.75 | $633.87 | $0.00 | $48.21 | $9,207.83 |
15 | $9,207.83 | $633.87 | $0.00 | $52.06 | $9,893.76 |
16 | $9,893.76 | $633.87 | $0.00 | $55.94 | $10,583.57 |
17 | $10,583.57 | $633.87 | $0.00 | $59.84 | $11,277.28 |
18 | $11,277.28 | $633.87 | $0.00 | $63.76 | $11,974.91 |
19 | $11,974.91 | $633.87 | $0.00 | $67.71 | $12,676.49 |
20 | $12,676.49 | $633.87 | $0.00 | $71.67 | $13,382.03 |
21 | $13,382.03 | $633.87 | $0.00 | $75.66 | $14,091.56 |
22 | $14,091.56 | $633.87 | $0.00 | $79.68 | $14,805.11 |
23 | $14,805.11 | $633.87 | $0.00 | $83.71 | $15,522.69 |
24 | $15,522.69 | $633.87 | $0.00 | $87.77 | $16,244.33 |
25 | $16,244.33 | $633.87 | $0.00 | $91.85 | $16,970.05 |
26 | $16,970.05 | $633.87 | $0.00 | $95.95 | $17,699.87 |
27 | $17,699.87 | $633.87 | $0.00 | $100.08 | $18,433.82 |
28 | $18,433.82 | $633.87 | $0.00 | $104.23 | $19,171.92 |
29 | $19,171.92 | $633.87 | $0.00 | $108.40 | $19,914.19 |
30 | $19,914.19 | $633.87 | $0.00 | $112.60 | $20,660.66 |
31 | $20,660.66 | $633.87 | $0.00 | $116.82 | $21,411.35 |
32 | $21,411.35 | $633.87 | $0.00 | $121.06 | $22,166.28 |
33 | $22,166.28 | $633.87 | $0.00 | $125.33 | $22,925.48 |
34 | $22,925.48 | $633.87 | $0.00 | $129.62 | $23,688.97 |
35 | $23,688.97 | $633.87 | $0.00 | $133.94 | $24,456.78 |
36 | $24,456.78 | $633.87 | $0.00 | $138.28 | $25,228.93 |
37 | $25,228.93 | $633.87 | $0.00 | $142.65 | $26,005.45 |
38 | $26,005.45 | $633.87 | $0.00 | $147.04 | $26,786.36 |
39 | $26,786.36 | $633.87 | $0.00 | $151.45 | $27,571.68 |
40 | $27,571.68 | $633.87 | $0.00 | $155.89 | $28,361.44 |
41 | $28,361.44 | $633.87 | $0.00 | $160.36 | $29,155.67 |
42 | $29,155.67 | $633.87 | $0.00 | $164.85 | $29,954.39 |
43 | $29,954.39 | $633.87 | $0.00 | $169.37 | $30,757.63 |
44 | $30,757.63 | $633.87 | $0.00 | $173.91 | $31,565.41 |
45 | $31,565.41 | $633.87 | $0.00 | $178.48 | $32,377.76 |
46 | $32,377.76 | $633.87 | $0.00 | $183.07 | $33,194.70 |
47 | $33,194.70 | $633.87 | $0.00 | $187.69 | $34,016.26 |
48 | $34,016.26 | $633.87 | $0.00 | $192.33 | $34,842.46 |
49 | $34,842.46 | $633.87 | $0.00 | $197.00 | $35,673.33 |
50 | $35,673.33 | $633.87 | $0.00 | $201.70 | $36,508.90 |
51 | $36,508.90 | $633.87 | $0.00 | $206.43 | $37,349.20 |
52 | $37,349.20 | $633.87 | $0.00 | $211.18 | $38,194.25 |
53 | $38,194.25 | $633.87 | $0.00 | $215.96 | $39,044.08 |
54 | $39,044.08 | $633.87 | $0.00 | $220.76 | $39,898.71 |
55 | $39,898.71 | $633.87 | $0.00 | $225.59 | $40,758.17 |
56 | $40,758.17 | $633.87 | $0.00 | $230.45 | $41,622.49 |
57 | $41,622.49 | $633.87 | $0.00 | $235.34 | $42,491.70 |
58 | $42,491.70 | $633.87 | $0.00 | $240.25 | $43,365.82 |
59 | $43,365.82 | $633.87 | $0.00 | $245.20 | $44,244.89 |
60 | $44,244.89 | $633.87 | $0.00 | $250.17 | $45,128.93 |
61 | $45,128.93 | $633.87 | $0.00 | $255.17 | $46,017.97 |
62 | $46,017.97 | $633.87 | $0.00 | $260.19 | $46,912.03 |
63 | $46,912.03 | $633.87 | $0.00 | $265.25 | $47,811.15 |
64 | $47,811.15 | $633.87 | $0.00 | $270.33 | $48,715.35 |
65 | $48,715.35 | $633.87 | $0.00 | $275.44 | $49,624.66 |
66 | $49,624.66 | $633.87 | $0.00 | $280.59 | $50,539.12 |
67 | $50,539.12 | $633.87 | $0.00 | $285.76 | $51,458.75 |
68 | $51,458.75 | $633.87 | $0.00 | $290.96 | $52,383.58 |
69 | $52,383.58 | $633.87 | $0.00 | $296.18 | $53,313.63 |
70 | $53,313.63 | $633.87 | $0.00 | $301.44 | $54,248.94 |
71 | $54,248.94 | $633.87 | $0.00 | $306.73 | $55,189.54 |
72 | $55,189.54 | $633.87 | $0.00 | $312.05 | $56,135.46 |
73 | $56,135.46 | $633.87 | $0.00 | $317.40 | $57,086.73 |
74 | $57,086.73 | $633.87 | $0.00 | $322.78 | $58,043.38 |
75 | $58,043.38 | $633.87 | $0.00 | $328.19 | $59,005.44 |
76 | $59,005.44 | $633.87 | $0.00 | $333.63 | $59,972.94 |
77 | $59,972.94 | $633.87 | $0.00 | $339.10 | $60,945.91 |
78 | $60,945.91 | $633.87 | $0.00 | $344.60 | $61,924.38 |
79 | $61,924.38 | $633.87 | $0.00 | $350.13 | $62,908.38 |
80 | $62,908.38 | $633.87 | $0.00 | $355.69 | $63,897.94 |
81 | $63,897.94 | $633.87 | $0.00 | $361.29 | $64,893.10 |
82 | $64,893.10 | $633.87 | $0.00 | $366.92 | $65,893.89 |
83 | $65,893.89 | $633.87 | $0.00 | $372.57 | $66,900.33 |
84 | $66,900.33 | $633.87 | $0.00 | $378.26 | $67,912.46 |
85 | $67,912.46 | $633.87 | $0.00 | $383.99 | $68,930.32 |
86 | $68,930.32 | $633.87 | $0.00 | $389.74 | $69,953.93 |
87 | $69,953.93 | $633.87 | $0.00 | $395.53 | $70,983.33 |
88 | $70,983.33 | $633.87 | $0.00 | $401.35 | $72,018.55 |
89 | $72,018.55 | $633.87 | $0.00 | $407.20 | $73,059.62 |
90 | $73,059.62 | $633.87 | $0.00 | $413.09 | $74,106.58 |
91 | $74,106.58 | $633.87 | $0.00 | $419.01 | $75,159.46 |
92 | $75,159.46 | $633.87 | $0.00 | $424.96 | $76,218.29 |
93 | $76,218.29 | $633.87 | $0.00 | $430.95 | $77,283.11 |
94 | $77,283.11 | $633.87 | $0.00 | $436.97 | $78,353.95 |
95 | $78,353.95 | $633.87 | $0.00 | $443.02 | $79,430.84 |
96 | $79,430.84 | $633.87 | $0.00 | $449.11 | $80,513.82 |
97 | $80,513.82 | $633.87 | $0.00 | $455.24 | $81,602.93 |
98 | $81,602.93 | $633.87 | $0.00 | $461.39 | $82,698.19 |
99 | $82,698.19 | $633.87 | $0.00 | $467.59 | $83,799.65 |
100 | $83,799.65 | $633.87 | $0.00 | $473.82 | $84,907.34 |
101 | $84,907.34 | $633.87 | $0.00 | $480.08 | $86,021.29 |
102 | $86,021.29 | $633.87 | $0.00 | $486.38 | $87,141.54 |
103 | $87,141.54 | $633.87 | $0.00 | $492.71 | $88,268.12 |
104 | $88,268.12 | $633.87 | $0.00 | $499.08 | $89,401.07 |
105 | $89,401.07 | $633.87 | $0.00 | $505.49 | $90,540.43 |
106 | $90,540.43 | $633.87 | $0.00 | $511.93 | $91,686.23 |
107 | $91,686.23 | $633.87 | $0.00 | $518.41 | $92,838.51 |
108 | $92,838.51 | $633.87 | $0.00 | $524.92 | $93,997.30 |
109 | $93,997.30 | $633.87 | $0.00 | $531.47 | $95,162.64 |
110 | $95,162.64 | $633.87 | $0.00 | $538.06 | $96,334.57 |
111 | $96,334.57 | $633.87 | $0.00 | $544.69 | $97,513.13 |
112 | $97,513.13 | $633.87 | $0.00 | $551.35 | $98,698.35 |
113 | $98,698.35 | $633.87 | $0.00 | $558.05 | $99,890.27 |
114 | $99,890.27 | $633.87 | $0.00 | $564.79 | $101,088.93 |
115 | $101,088.93 | $633.87 | $0.00 | $571.57 | $102,294.37 |
116 | $102,294.37 | $633.87 | $0.00 | $578.39 | $103,506.63 |
117 | $103,506.63 | $633.87 | $0.00 | $585.24 | $104,725.74 |
118 | $104,725.74 | $633.87 | $0.00 | $592.13 | $105,951.74 |
119 | $105,951.74 | $633.87 | $0.00 | $599.07 | $107,184.68 |
120 | $107,184.68 | $633.87 | $0.00 | $606.04 | $108,424.59 |
121 | $108,424.59 | $633.87 | $0.00 | $613.05 | $109,671.51 |
122 | $109,671.51 | $633.87 | $0.00 | $620.10 | $110,925.48 |
123 | $110,925.48 | $633.87 | $0.00 | $627.19 | $112,186.54 |
124 | $112,186.54 | $633.87 | $0.00 | $634.32 | $113,454.73 |
125 | $113,454.73 | $633.87 | $0.00 | $641.49 | $114,730.09 |
126 | $114,730.09 | $633.87 | $0.00 | $648.70 | $116,012.66 |
127 | $116,012.66 | $633.87 | $0.00 | $655.95 | $117,302.48 |
128 | $117,302.48 | $633.87 | $0.00 | $663.25 | $118,599.60 |
129 | $118,599.60 | $633.87 | $0.00 | $670.58 | $119,904.05 |
130 | $119,904.05 | $633.87 | $0.00 | $677.95 | $121,215.87 |
131 | $121,215.87 | $633.87 | $0.00 | $685.37 | $122,535.11 |
132 | $122,535.11 | $633.87 | $0.00 | $692.83 | $123,861.81 |
133 | $123,861.81 | $633.87 | $0.00 | $700.33 | $125,196.01 |
134 | $125,196.01 | $633.87 | $0.00 | $707.88 | $126,537.76 |
135 | $126,537.76 | $633.87 | $0.00 | $715.46 | $127,887.09 |
136 | $127,887.09 | $633.87 | $0.00 | $723.09 | $129,244.05 |
137 | $129,244.05 | $633.87 | $0.00 | $730.76 | $130,608.68 |
138 | $130,608.68 | $633.87 | $0.00 | $738.48 | $131,981.03 |
139 | $131,981.03 | $633.87 | $0.00 | $746.24 | $133,361.14 |
140 | $133,361.14 | $633.87 | $0.00 | $754.04 | $134,749.05 |
141 | $134,749.05 | $633.87 | $0.00 | $761.89 | $136,144.81 |
142 | $136,144.81 | $633.87 | $0.00 | $769.78 | $137,548.46 |
143 | $137,548.46 | $633.87 | $0.00 | $777.72 | $138,960.05 |
144 | $138,960.05 | $633.87 | $0.00 | $785.70 | $140,379.62 |
145 | $140,379.62 | $633.87 | $0.00 | $793.73 | $141,807.22 |
146 | $141,807.22 | $633.87 | $0.00 | $801.80 | $143,242.89 |
147 | $143,242.89 | $633.87 | $0.00 | $809.92 | $144,686.68 |
148 | $144,686.68 | $633.87 | $0.00 | $818.08 | $146,138.63 |
149 | $146,138.63 | $633.87 | $0.00 | $826.29 | $147,598.79 |
150 | $147,598.79 | $633.87 | $0.00 | $834.55 | $149,067.21 |
151 | $149,067.21 | $633.87 | $0.00 | $842.85 | $150,543.93 |
152 | $150,543.93 | $633.87 | $0.00 | $851.20 | $152,029.00 |
153 | $152,029.00 | $633.87 | $0.00 | $859.59 | $153,522.46 |
154 | $153,522.46 | $633.87 | $0.00 | $868.04 | $155,024.37 |
155 | $155,024.37 | $633.87 | $0.00 | $876.53 | $156,534.77 |
156 | $156,534.77 | $633.87 | $0.00 | $885.07 | $158,053.71 |
157 | $158,053.71 | $633.87 | $0.00 | $893.66 | $159,581.24 |
158 | $159,581.24 | $633.87 | $0.00 | $902.30 | $161,117.41 |
159 | $161,117.41 | $633.87 | $0.00 | $910.98 | $162,662.26 |
160 | $162,662.26 | $633.87 | $0.00 | $919.72 | $164,215.85 |
161 | $164,215.85 | $633.87 | $0.00 | $928.50 | $165,778.22 |
162 | $165,778.22 | $633.87 | $0.00 | $937.33 | $167,349.42 |
163 | $167,349.42 | $633.87 | $0.00 | $946.22 | $168,929.51 |
164 | $168,929.51 | $633.87 | $0.00 | $955.15 | $170,518.53 |
165 | $170,518.53 | $633.87 | $0.00 | $964.14 | $172,116.54 |
166 | $172,116.54 | $633.87 | $0.00 | $973.17 | $173,723.58 |
167 | $173,723.58 | $633.87 | $0.00 | $982.26 | $175,339.71 |
168 | $175,339.71 | $633.87 | $0.00 | $991.40 | $176,964.98 |
169 | $176,964.98 | $633.87 | $0.00 | $1,000.59 | $178,599.44 |
170 | $178,599.44 | $633.87 | $0.00 | $1,009.83 | $180,243.14 |
171 | $180,243.14 | $633.87 | $0.00 | $1,019.12 | $181,896.13 |
172 | $181,896.13 | $633.87 | $0.00 | $1,028.47 | $183,558.47 |
173 | $183,558.47 | $633.87 | $0.00 | $1,037.87 | $185,230.21 |
174 | $185,230.21 | $633.87 | $0.00 | $1,047.32 | $186,911.40 |
175 | $186,911.40 | $633.87 | $0.00 | $1,056.82 | $188,602.09 |
176 | $188,602.09 | $633.87 | $0.00 | $1,066.38 | $190,302.34 |
177 | $190,302.34 | $633.87 | $0.00 | $1,076.00 | $192,012.21 |
178 | $192,012.21 | $633.87 | $0.00 | $1,085.66 | $193,731.74 |
179 | $193,731.74 | $633.87 | $0.00 | $1,095.39 | $195,461.00 |
180 | $195,461.00 | $633.87 | $0.00 | $1,105.16 | $197,200.03 |
181 | $197,200.03 | $633.87 | $0.00 | $1,115.00 | $198,948.90 |
182 | $198,948.90 | $633.87 | $0.00 | $1,124.89 | $200,707.66 |
183 | $200,707.66 | $633.87 | $0.00 | $1,134.83 | $202,476.36 |
184 | $202,476.36 | $633.87 | $0.00 | $1,144.83 | $204,255.06 |
185 | $204,255.06 | $633.87 | $0.00 | $1,154.89 | $206,043.82 |
186 | $206,043.82 | $633.87 | $0.00 | $1,165.00 | $207,842.69 |
187 | $207,842.69 | $633.87 | $0.00 | $1,175.17 | $209,651.73 |
188 | $209,651.73 | $633.87 | $0.00 | $1,185.40 | $211,471.00 |
189 | $211,471.00 | $633.87 | $0.00 | $1,195.69 | $213,300.56 |
190 | $213,300.56 | $633.87 | $0.00 | $1,206.03 | $215,140.46 |
191 | $215,140.46 | $633.87 | $0.00 | $1,216.44 | $216,990.77 |
192 | $216,990.77 | $633.87 | $0.00 | $1,226.90 | $218,851.54 |
193 | $218,851.54 | $633.87 | $0.00 | $1,237.42 | $220,722.83 |
194 | $220,722.83 | $633.87 | $0.00 | $1,248.00 | $222,604.70 |
195 | $222,604.70 | $633.87 | $0.00 | $1,258.64 | $224,497.21 |
196 | $224,497.21 | $633.87 | $0.00 | $1,269.34 | $226,400.42 |
197 | $226,400.42 | $633.87 | $0.00 | $1,280.10 | $228,314.39 |
198 | $228,314.39 | $633.87 | $0.00 | $1,290.92 | $230,239.18 |
199 | $230,239.18 | $633.87 | $0.00 | $1,301.81 | $232,174.86 |
200 | $232,174.86 | $633.87 | $0.00 | $1,312.75 | $234,121.48 |
201 | $234,121.48 | $633.87 | $0.00 | $1,323.76 | $236,079.11 |
202 | $236,079.11 | $633.87 | $0.00 | $1,334.83 | $238,047.81 |
203 | $238,047.81 | $633.87 | $0.00 | $1,345.96 | $240,027.64 |
204 | $240,027.64 | $633.87 | $0.00 | $1,357.15 | $242,018.66 |
205 | $242,018.66 | $633.87 | $0.00 | $1,368.41 | $244,020.94 |
206 | $244,020.94 | $633.87 | $0.00 | $1,379.73 | $246,034.54 |
207 | $246,034.54 | $633.87 | $0.00 | $1,391.12 | $248,059.53 |
208 | $248,059.53 | $633.87 | $0.00 | $1,402.56 | $250,095.96 |
209 | $250,095.96 | $633.87 | $0.00 | $1,414.08 | $252,143.91 |
210 | $252,143.91 | $633.87 | $0.00 | $1,425.66 | $254,203.44 |
211 | $254,203.44 | $633.87 | $0.00 | $1,437.30 | $256,274.61 |
212 | $256,274.61 | $633.87 | $0.00 | $1,449.01 | $258,357.49 |
213 | $258,357.49 | $633.87 | $0.00 | $1,460.79 | $260,452.15 |
214 | $260,452.15 | $633.87 | $0.00 | $1,472.63 | $262,558.65 |
215 | $262,558.65 | $633.87 | $0.00 | $1,484.54 | $264,677.06 |
216 | $264,677.06 | $633.87 | $0.00 | $1,496.52 | $266,807.45 |
217 | $266,807.45 | $633.87 | $72,256.19 | $1,508.57 | $196,693.70 |
218 | $196,693.70 | $633.87 | $0.00 | $1,112.13 | $198,439.70 |
219 | $198,439.70 | $633.87 | $0.00 | $1,122.01 | $200,195.58 |
220 | $200,195.58 | $633.87 | $0.00 | $1,131.93 | $201,961.38 |
221 | $201,961.38 | $633.87 | $0.00 | $1,141.92 | $203,737.17 |
222 | $203,737.17 | $633.87 | $0.00 | $1,151.96 | $205,523.00 |
223 | $205,523.00 | $633.87 | $0.00 | $1,162.06 | $207,318.93 |
224 | $207,318.93 | $633.87 | $0.00 | $1,172.21 | $209,125.01 |
225 | $209,125.01 | $633.87 | $0.00 | $1,182.42 | $210,941.30 |
226 | $210,941.30 | $633.87 | $0.00 | $1,192.69 | $212,767.86 |
227 | $212,767.86 | $633.87 | $0.00 | $1,203.02 | $214,604.75 |
228 | $214,604.75 | $633.87 | $0.00 | $1,213.41 | $216,452.03 |
229 | $216,452.03 | $633.87 | $77,314.13 | $1,223.85 | $140,995.62 |
230 | $140,995.62 | $633.87 | $0.00 | $797.21 | $142,426.70 |
231 | $142,426.70 | $633.87 | $0.00 | $805.30 | $143,865.87 |
232 | $143,865.87 | $633.87 | $0.00 | $813.44 | $145,313.18 |
233 | $145,313.18 | $633.87 | $0.00 | $821.62 | $146,768.67 |
234 | $146,768.67 | $633.87 | $0.00 | $829.85 | $148,232.39 |
235 | $148,232.39 | $633.87 | $0.00 | $838.13 | $149,704.39 |
236 | $149,704.39 | $633.87 | $0.00 | $846.45 | $151,184.71 |
237 | $151,184.71 | $633.87 | $0.00 | $854.82 | $152,673.40 |
238 | $152,673.40 | $633.87 | $0.00 | $863.24 | $154,170.51 |
239 | $154,170.51 | $633.87 | $0.00 | $871.70 | $155,676.08 |
240 | $155,676.08 | $633.87 | $0.00 | $880.22 | $157,190.17 |
241 | $157,190.17 | $633.87 | $82,726.11 | $888.78 | $75,986.71 |
242 | $75,986.71 | $633.87 | $0.00 | $429.64 | $77,050.22 |
243 | $77,050.22 | $633.87 | $0.00 | $435.65 | $78,119.74 |
244 | $78,119.74 | $633.87 | $0.00 | $441.70 | $79,195.31 |
245 | $79,195.31 | $633.87 | $0.00 | $447.78 | $80,276.96 |
246 | $80,276.96 | $633.87 | $0.00 | $453.90 | $81,364.73 |
247 | $81,364.73 | $633.87 | $0.00 | $460.05 | $82,458.65 |
248 | $82,458.65 | $633.87 | $0.00 | $466.23 | $83,558.75 |
249 | $83,558.75 | $633.87 | $0.00 | $472.45 | $84,665.07 |
250 | $84,665.07 | $633.87 | $0.00 | $478.71 | $85,777.65 |
251 | $85,777.65 | $633.87 | $0.00 | $485.00 | $86,896.52 |
252 | $86,896.52 | $633.87 | $0.00 | $491.33 | $88,021.72 |
253 | $88,021.72 | $0.00 | $88,516.94 | $497.69 | $2.47 |