Estimated Annual Cost in 2042 | $107,748 |
Monthly savings required | $852 |
How much will it cost to send your child to Towson University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $430,992.61 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $851.56 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 | $28,720.00 |
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 Towson University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $851.56 | $0.00 | $0.00 | $851.56 |
2 | $851.56 | $851.56 | $0.00 | $4.81 | $1,707.93 |
3 | $1,707.93 | $851.56 | $0.00 | $9.66 | $2,569.15 |
4 | $2,569.15 | $851.56 | $0.00 | $14.53 | $3,435.24 |
5 | $3,435.24 | $851.56 | $0.00 | $19.42 | $4,306.22 |
6 | $4,306.22 | $851.56 | $0.00 | $24.35 | $5,182.13 |
7 | $5,182.13 | $851.56 | $0.00 | $29.30 | $6,062.99 |
8 | $6,062.99 | $851.56 | $0.00 | $34.28 | $6,948.83 |
9 | $6,948.83 | $851.56 | $0.00 | $39.29 | $7,839.68 |
10 | $7,839.68 | $851.56 | $0.00 | $44.33 | $8,735.57 |
11 | $8,735.57 | $851.56 | $0.00 | $49.39 | $9,636.52 |
12 | $9,636.52 | $851.56 | $0.00 | $54.49 | $10,542.57 |
13 | $10,542.57 | $851.56 | $0.00 | $59.61 | $11,453.74 |
14 | $11,453.74 | $851.56 | $0.00 | $64.76 | $12,370.06 |
15 | $12,370.06 | $851.56 | $0.00 | $69.94 | $13,291.56 |
16 | $13,291.56 | $851.56 | $0.00 | $75.15 | $14,218.27 |
17 | $14,218.27 | $851.56 | $0.00 | $80.39 | $15,150.22 |
18 | $15,150.22 | $851.56 | $0.00 | $85.66 | $16,087.44 |
19 | $16,087.44 | $851.56 | $0.00 | $90.96 | $17,029.96 |
20 | $17,029.96 | $851.56 | $0.00 | $96.29 | $17,977.81 |
21 | $17,977.81 | $851.56 | $0.00 | $101.65 | $18,931.02 |
22 | $18,931.02 | $851.56 | $0.00 | $107.04 | $19,889.62 |
23 | $19,889.62 | $851.56 | $0.00 | $112.46 | $20,853.64 |
24 | $20,853.64 | $851.56 | $0.00 | $117.91 | $21,823.11 |
25 | $21,823.11 | $851.56 | $0.00 | $123.39 | $22,798.06 |
26 | $22,798.06 | $851.56 | $0.00 | $128.90 | $23,778.52 |
27 | $23,778.52 | $851.56 | $0.00 | $134.45 | $24,764.53 |
28 | $24,764.53 | $851.56 | $0.00 | $140.02 | $25,756.11 |
29 | $25,756.11 | $851.56 | $0.00 | $145.63 | $26,753.30 |
30 | $26,753.30 | $851.56 | $0.00 | $151.27 | $27,756.13 |
31 | $27,756.13 | $851.56 | $0.00 | $156.94 | $28,764.63 |
32 | $28,764.63 | $851.56 | $0.00 | $162.64 | $29,778.83 |
33 | $29,778.83 | $851.56 | $0.00 | $168.37 | $30,798.76 |
34 | $30,798.76 | $851.56 | $0.00 | $174.14 | $31,824.46 |
35 | $31,824.46 | $851.56 | $0.00 | $179.94 | $32,855.96 |
36 | $32,855.96 | $851.56 | $0.00 | $185.77 | $33,893.29 |
37 | $33,893.29 | $851.56 | $0.00 | $191.64 | $34,936.49 |
38 | $34,936.49 | $851.56 | $0.00 | $197.54 | $35,985.59 |
39 | $35,985.59 | $851.56 | $0.00 | $203.47 | $37,040.62 |
40 | $37,040.62 | $851.56 | $0.00 | $209.43 | $38,101.61 |
41 | $38,101.61 | $851.56 | $0.00 | $215.43 | $39,168.60 |
42 | $39,168.60 | $851.56 | $0.00 | $221.46 | $40,241.62 |
43 | $40,241.62 | $851.56 | $0.00 | $227.53 | $41,320.71 |
44 | $41,320.71 | $851.56 | $0.00 | $233.63 | $42,405.90 |
45 | $42,405.90 | $851.56 | $0.00 | $239.77 | $43,497.23 |
46 | $43,497.23 | $851.56 | $0.00 | $245.94 | $44,594.73 |
47 | $44,594.73 | $851.56 | $0.00 | $252.15 | $45,698.44 |
48 | $45,698.44 | $851.56 | $0.00 | $258.39 | $46,808.39 |
49 | $46,808.39 | $851.56 | $0.00 | $264.66 | $47,924.61 |
50 | $47,924.61 | $851.56 | $0.00 | $270.97 | $49,047.14 |
51 | $49,047.14 | $851.56 | $0.00 | $277.32 | $50,176.02 |
52 | $50,176.02 | $851.56 | $0.00 | $283.70 | $51,311.28 |
53 | $51,311.28 | $851.56 | $0.00 | $290.12 | $52,452.96 |
54 | $52,452.96 | $851.56 | $0.00 | $296.58 | $53,601.10 |
55 | $53,601.10 | $851.56 | $0.00 | $303.07 | $54,755.73 |
56 | $54,755.73 | $851.56 | $0.00 | $309.60 | $55,916.89 |
57 | $55,916.89 | $851.56 | $0.00 | $316.16 | $57,084.61 |
58 | $57,084.61 | $851.56 | $0.00 | $322.76 | $58,258.93 |
59 | $58,258.93 | $851.56 | $0.00 | $329.40 | $59,439.89 |
60 | $59,439.89 | $851.56 | $0.00 | $336.08 | $60,627.53 |
61 | $60,627.53 | $851.56 | $0.00 | $342.80 | $61,821.89 |
62 | $61,821.89 | $851.56 | $0.00 | $349.55 | $63,023.00 |
63 | $63,023.00 | $851.56 | $0.00 | $356.34 | $64,230.90 |
64 | $64,230.90 | $851.56 | $0.00 | $363.17 | $65,445.63 |
65 | $65,445.63 | $851.56 | $0.00 | $370.04 | $66,667.23 |
66 | $66,667.23 | $851.56 | $0.00 | $376.95 | $67,895.74 |
67 | $67,895.74 | $851.56 | $0.00 | $383.89 | $69,131.19 |
68 | $69,131.19 | $851.56 | $0.00 | $390.88 | $70,373.63 |
69 | $70,373.63 | $851.56 | $0.00 | $397.90 | $71,623.09 |
70 | $71,623.09 | $851.56 | $0.00 | $404.97 | $72,879.62 |
71 | $72,879.62 | $851.56 | $0.00 | $412.07 | $74,143.25 |
72 | $74,143.25 | $851.56 | $0.00 | $419.22 | $75,414.03 |
73 | $75,414.03 | $851.56 | $0.00 | $426.40 | $76,691.99 |
74 | $76,691.99 | $851.56 | $0.00 | $433.63 | $77,977.18 |
75 | $77,977.18 | $851.56 | $0.00 | $440.89 | $79,269.63 |
76 | $79,269.63 | $851.56 | $0.00 | $448.20 | $80,569.39 |
77 | $80,569.39 | $851.56 | $0.00 | $455.55 | $81,876.50 |
78 | $81,876.50 | $851.56 | $0.00 | $462.94 | $83,191.00 |
79 | $83,191.00 | $851.56 | $0.00 | $470.37 | $84,512.93 |
80 | $84,512.93 | $851.56 | $0.00 | $477.85 | $85,842.34 |
81 | $85,842.34 | $851.56 | $0.00 | $485.37 | $87,179.27 |
82 | $87,179.27 | $851.56 | $0.00 | $492.92 | $88,523.75 |
83 | $88,523.75 | $851.56 | $0.00 | $500.53 | $89,875.84 |
84 | $89,875.84 | $851.56 | $0.00 | $508.17 | $91,235.57 |
85 | $91,235.57 | $851.56 | $0.00 | $515.86 | $92,602.99 |
86 | $92,602.99 | $851.56 | $0.00 | $523.59 | $93,978.14 |
87 | $93,978.14 | $851.56 | $0.00 | $531.37 | $95,361.07 |
88 | $95,361.07 | $851.56 | $0.00 | $539.19 | $96,751.82 |
89 | $96,751.82 | $851.56 | $0.00 | $547.05 | $98,150.43 |
90 | $98,150.43 | $851.56 | $0.00 | $554.96 | $99,556.95 |
91 | $99,556.95 | $851.56 | $0.00 | $562.91 | $100,971.42 |
92 | $100,971.42 | $851.56 | $0.00 | $570.91 | $102,393.89 |
93 | $102,393.89 | $851.56 | $0.00 | $578.95 | $103,824.40 |
94 | $103,824.40 | $851.56 | $0.00 | $587.04 | $105,263.00 |
95 | $105,263.00 | $851.56 | $0.00 | $595.17 | $106,709.73 |
96 | $106,709.73 | $851.56 | $0.00 | $603.35 | $108,164.64 |
97 | $108,164.64 | $851.56 | $0.00 | $611.58 | $109,627.78 |
98 | $109,627.78 | $851.56 | $0.00 | $619.85 | $111,099.19 |
99 | $111,099.19 | $851.56 | $0.00 | $628.17 | $112,578.92 |
100 | $112,578.92 | $851.56 | $0.00 | $636.54 | $114,067.02 |
101 | $114,067.02 | $851.56 | $0.00 | $644.95 | $115,563.53 |
102 | $115,563.53 | $851.56 | $0.00 | $653.41 | $117,068.50 |
103 | $117,068.50 | $851.56 | $0.00 | $661.92 | $118,581.98 |
104 | $118,581.98 | $851.56 | $0.00 | $670.48 | $120,104.02 |
105 | $120,104.02 | $851.56 | $0.00 | $679.09 | $121,634.67 |
106 | $121,634.67 | $851.56 | $0.00 | $687.74 | $123,173.97 |
107 | $123,173.97 | $851.56 | $0.00 | $696.44 | $124,721.97 |
108 | $124,721.97 | $851.56 | $0.00 | $705.20 | $126,278.73 |
109 | $126,278.73 | $851.56 | $0.00 | $714.00 | $127,844.29 |
110 | $127,844.29 | $851.56 | $0.00 | $722.85 | $129,418.70 |
111 | $129,418.70 | $851.56 | $0.00 | $731.75 | $131,002.01 |
112 | $131,002.01 | $851.56 | $0.00 | $740.70 | $132,594.27 |
113 | $132,594.27 | $851.56 | $0.00 | $749.71 | $134,195.54 |
114 | $134,195.54 | $851.56 | $0.00 | $758.76 | $135,805.86 |
115 | $135,805.86 | $851.56 | $0.00 | $767.87 | $137,425.29 |
116 | $137,425.29 | $851.56 | $0.00 | $777.02 | $139,053.87 |
117 | $139,053.87 | $851.56 | $0.00 | $786.23 | $140,691.66 |
118 | $140,691.66 | $851.56 | $0.00 | $795.49 | $142,338.71 |
119 | $142,338.71 | $851.56 | $0.00 | $804.80 | $143,995.07 |
120 | $143,995.07 | $851.56 | $0.00 | $814.17 | $145,660.80 |
121 | $145,660.80 | $851.56 | $0.00 | $823.59 | $147,335.95 |
122 | $147,335.95 | $851.56 | $0.00 | $833.06 | $149,020.57 |
123 | $149,020.57 | $851.56 | $0.00 | $842.58 | $150,714.71 |
124 | $150,714.71 | $851.56 | $0.00 | $852.16 | $152,418.43 |
125 | $152,418.43 | $851.56 | $0.00 | $861.80 | $154,131.79 |
126 | $154,131.79 | $851.56 | $0.00 | $871.48 | $155,854.83 |
127 | $155,854.83 | $851.56 | $0.00 | $881.23 | $157,587.62 |
128 | $157,587.62 | $851.56 | $0.00 | $891.02 | $159,330.20 |
129 | $159,330.20 | $851.56 | $0.00 | $900.88 | $161,082.64 |
130 | $161,082.64 | $851.56 | $0.00 | $910.78 | $162,844.98 |
131 | $162,844.98 | $851.56 | $0.00 | $920.75 | $164,617.29 |
132 | $164,617.29 | $851.56 | $0.00 | $930.77 | $166,399.62 |
133 | $166,399.62 | $851.56 | $0.00 | $940.85 | $168,192.03 |
134 | $168,192.03 | $851.56 | $0.00 | $950.98 | $169,994.57 |
135 | $169,994.57 | $851.56 | $0.00 | $961.17 | $171,807.30 |
136 | $171,807.30 | $851.56 | $0.00 | $971.42 | $173,630.28 |
137 | $173,630.28 | $851.56 | $0.00 | $981.73 | $175,463.57 |
138 | $175,463.57 | $851.56 | $0.00 | $992.10 | $177,307.23 |
139 | $177,307.23 | $851.56 | $0.00 | $1,002.52 | $179,161.31 |
140 | $179,161.31 | $851.56 | $0.00 | $1,013.00 | $181,025.87 |
141 | $181,025.87 | $851.56 | $0.00 | $1,023.55 | $182,900.98 |
142 | $182,900.98 | $851.56 | $0.00 | $1,034.15 | $184,786.69 |
143 | $184,786.69 | $851.56 | $0.00 | $1,044.81 | $186,683.06 |
144 | $186,683.06 | $851.56 | $0.00 | $1,055.53 | $188,590.15 |
145 | $188,590.15 | $851.56 | $0.00 | $1,066.32 | $190,508.03 |
146 | $190,508.03 | $851.56 | $0.00 | $1,077.16 | $192,436.75 |
147 | $192,436.75 | $851.56 | $0.00 | $1,088.07 | $194,376.38 |
148 | $194,376.38 | $851.56 | $0.00 | $1,099.03 | $196,326.97 |
149 | $196,326.97 | $851.56 | $0.00 | $1,110.06 | $198,288.59 |
150 | $198,288.59 | $851.56 | $0.00 | $1,121.15 | $200,261.30 |
151 | $200,261.30 | $851.56 | $0.00 | $1,132.31 | $202,245.17 |
152 | $202,245.17 | $851.56 | $0.00 | $1,143.52 | $204,240.25 |
153 | $204,240.25 | $851.56 | $0.00 | $1,154.80 | $206,246.61 |
154 | $206,246.61 | $851.56 | $0.00 | $1,166.15 | $208,264.32 |
155 | $208,264.32 | $851.56 | $0.00 | $1,177.56 | $210,293.44 |
156 | $210,293.44 | $851.56 | $0.00 | $1,189.03 | $212,334.03 |
157 | $212,334.03 | $851.56 | $0.00 | $1,200.57 | $214,386.16 |
158 | $214,386.16 | $851.56 | $0.00 | $1,212.17 | $216,449.89 |
159 | $216,449.89 | $851.56 | $0.00 | $1,223.84 | $218,525.29 |
160 | $218,525.29 | $851.56 | $0.00 | $1,235.57 | $220,612.42 |
161 | $220,612.42 | $851.56 | $0.00 | $1,247.37 | $222,711.35 |
162 | $222,711.35 | $851.56 | $0.00 | $1,259.24 | $224,822.15 |
163 | $224,822.15 | $851.56 | $0.00 | $1,271.18 | $226,944.89 |
164 | $226,944.89 | $851.56 | $0.00 | $1,283.18 | $229,079.63 |
165 | $229,079.63 | $851.56 | $0.00 | $1,295.25 | $231,226.44 |
166 | $231,226.44 | $851.56 | $0.00 | $1,307.39 | $233,385.39 |
167 | $233,385.39 | $851.56 | $0.00 | $1,319.59 | $235,556.54 |
168 | $235,556.54 | $851.56 | $0.00 | $1,331.87 | $237,739.97 |
169 | $237,739.97 | $851.56 | $0.00 | $1,344.22 | $239,935.75 |
170 | $239,935.75 | $851.56 | $0.00 | $1,356.63 | $242,143.94 |
171 | $242,143.94 | $851.56 | $0.00 | $1,369.12 | $244,364.62 |
172 | $244,364.62 | $851.56 | $0.00 | $1,381.67 | $246,597.85 |
173 | $246,597.85 | $851.56 | $0.00 | $1,394.30 | $248,843.71 |
174 | $248,843.71 | $851.56 | $0.00 | $1,407.00 | $251,102.27 |
175 | $251,102.27 | $851.56 | $0.00 | $1,419.77 | $253,373.60 |
176 | $253,373.60 | $851.56 | $0.00 | $1,432.61 | $255,657.77 |
177 | $255,657.77 | $851.56 | $0.00 | $1,445.53 | $257,954.86 |
178 | $257,954.86 | $851.56 | $0.00 | $1,458.51 | $260,264.93 |
179 | $260,264.93 | $851.56 | $0.00 | $1,471.58 | $262,588.07 |
180 | $262,588.07 | $851.56 | $0.00 | $1,484.71 | $264,924.34 |
181 | $264,924.34 | $851.56 | $0.00 | $1,497.92 | $267,273.82 |
182 | $267,273.82 | $851.56 | $0.00 | $1,511.21 | $269,636.59 |
183 | $269,636.59 | $851.56 | $0.00 | $1,524.56 | $272,012.71 |
184 | $272,012.71 | $851.56 | $0.00 | $1,538.00 | $274,402.27 |
185 | $274,402.27 | $851.56 | $0.00 | $1,551.51 | $276,805.34 |
186 | $276,805.34 | $851.56 | $0.00 | $1,565.10 | $279,222.00 |
187 | $279,222.00 | $851.56 | $0.00 | $1,578.76 | $281,652.32 |
188 | $281,652.32 | $851.56 | $0.00 | $1,592.50 | $284,096.38 |
189 | $284,096.38 | $851.56 | $0.00 | $1,606.32 | $286,554.26 |
190 | $286,554.26 | $851.56 | $0.00 | $1,620.22 | $289,026.04 |
191 | $289,026.04 | $851.56 | $0.00 | $1,634.20 | $291,511.80 |
192 | $291,511.80 | $851.56 | $0.00 | $1,648.25 | $294,011.61 |
193 | $294,011.61 | $851.56 | $0.00 | $1,662.38 | $296,525.55 |
194 | $296,525.55 | $851.56 | $0.00 | $1,676.60 | $299,053.71 |
195 | $299,053.71 | $851.56 | $0.00 | $1,690.89 | $301,596.16 |
196 | $301,596.16 | $851.56 | $0.00 | $1,705.27 | $304,152.99 |
197 | $304,152.99 | $851.56 | $0.00 | $1,719.73 | $306,724.28 |
198 | $306,724.28 | $851.56 | $0.00 | $1,734.26 | $309,310.10 |
199 | $309,310.10 | $851.56 | $0.00 | $1,748.88 | $311,910.54 |
200 | $311,910.54 | $851.56 | $0.00 | $1,763.59 | $314,525.69 |
201 | $314,525.69 | $851.56 | $0.00 | $1,778.37 | $317,155.62 |
202 | $317,155.62 | $851.56 | $0.00 | $1,793.24 | $319,800.42 |
203 | $319,800.42 | $851.56 | $0.00 | $1,808.20 | $322,460.18 |
204 | $322,460.18 | $851.56 | $0.00 | $1,823.24 | $325,134.98 |
205 | $325,134.98 | $851.56 | $0.00 | $1,838.36 | $327,824.90 |
206 | $327,824.90 | $851.56 | $0.00 | $1,853.57 | $330,530.03 |
207 | $330,530.03 | $851.56 | $0.00 | $1,868.86 | $333,250.45 |
208 | $333,250.45 | $851.56 | $0.00 | $1,884.25 | $335,986.26 |
209 | $335,986.26 | $851.56 | $0.00 | $1,899.72 | $338,737.54 |
210 | $338,737.54 | $851.56 | $0.00 | $1,915.27 | $341,504.37 |
211 | $341,504.37 | $851.56 | $0.00 | $1,930.92 | $344,286.85 |
212 | $344,286.85 | $851.56 | $0.00 | $1,946.65 | $347,085.06 |
213 | $347,085.06 | $851.56 | $0.00 | $1,962.47 | $349,899.09 |
214 | $349,899.09 | $851.56 | $0.00 | $1,978.38 | $352,729.03 |
215 | $352,729.03 | $851.56 | $0.00 | $1,994.38 | $355,574.97 |
216 | $355,574.97 | $851.56 | $0.00 | $2,010.47 | $358,437.00 |
217 | $358,437.00 | $851.56 | $97,071.65 | $2,026.65 | $264,243.56 |
218 | $264,243.56 | $851.56 | $0.00 | $1,494.07 | $266,589.19 |
219 | $266,589.19 | $851.56 | $0.00 | $1,507.33 | $268,948.08 |
220 | $268,948.08 | $851.56 | $0.00 | $1,520.67 | $271,320.31 |
221 | $271,320.31 | $851.56 | $0.00 | $1,534.08 | $273,705.95 |
222 | $273,705.95 | $851.56 | $0.00 | $1,547.57 | $276,105.08 |
223 | $276,105.08 | $851.56 | $0.00 | $1,561.14 | $278,517.78 |
224 | $278,517.78 | $851.56 | $0.00 | $1,574.78 | $280,944.12 |
225 | $280,944.12 | $851.56 | $0.00 | $1,588.50 | $283,384.18 |
226 | $283,384.18 | $851.56 | $0.00 | $1,602.30 | $285,838.04 |
227 | $285,838.04 | $851.56 | $0.00 | $1,616.17 | $288,305.77 |
228 | $288,305.77 | $851.56 | $0.00 | $1,630.12 | $290,787.45 |
229 | $290,787.45 | $851.56 | $103,866.67 | $1,644.15 | $189,416.49 |
230 | $189,416.49 | $851.56 | $0.00 | $1,070.99 | $191,339.04 |
231 | $191,339.04 | $851.56 | $0.00 | $1,081.86 | $193,272.46 |
232 | $193,272.46 | $851.56 | $0.00 | $1,092.79 | $195,216.81 |
233 | $195,216.81 | $851.56 | $0.00 | $1,103.78 | $197,172.15 |
234 | $197,172.15 | $851.56 | $0.00 | $1,114.84 | $199,138.55 |
235 | $199,138.55 | $851.56 | $0.00 | $1,125.96 | $201,116.07 |
236 | $201,116.07 | $851.56 | $0.00 | $1,137.14 | $203,104.77 |
237 | $203,104.77 | $851.56 | $0.00 | $1,148.38 | $205,104.71 |
238 | $205,104.71 | $851.56 | $0.00 | $1,159.69 | $207,115.96 |
239 | $207,115.96 | $851.56 | $0.00 | $1,171.06 | $209,138.58 |
240 | $209,138.58 | $851.56 | $0.00 | $1,182.50 | $211,172.64 |
241 | $211,172.64 | $851.56 | $111,137.34 | $1,194.00 | $102,080.86 |
242 | $102,080.86 | $851.56 | $0.00 | $577.18 | $103,509.60 |
243 | $103,509.60 | $851.56 | $0.00 | $585.26 | $104,946.42 |
244 | $104,946.42 | $851.56 | $0.00 | $593.38 | $106,391.36 |
245 | $106,391.36 | $851.56 | $0.00 | $601.55 | $107,844.47 |
246 | $107,844.47 | $851.56 | $0.00 | $609.77 | $109,305.80 |
247 | $109,305.80 | $851.56 | $0.00 | $618.03 | $110,775.39 |
248 | $110,775.39 | $851.56 | $0.00 | $626.34 | $112,253.29 |
249 | $112,253.29 | $851.56 | $0.00 | $634.70 | $113,739.55 |
250 | $113,739.55 | $851.56 | $0.00 | $643.10 | $115,234.21 |
251 | $115,234.21 | $851.56 | $0.00 | $651.55 | $116,737.32 |
252 | $116,737.32 | $851.56 | $0.00 | $660.05 | $118,248.93 |
253 | $118,248.93 | $0.00 | $118,916.95 | $668.60 | $0.58 |