How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $76,878 |
Monthly savings required | $609 |
How much will it cost to send your child to University of Maryland Baltimore County in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $307,512.91 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $608.55 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 | $29,646.00 |
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 Maryland Baltimore County in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $608.55 | $0.00 | $0.00 | $608.55 |
2 | $608.55 | $608.55 | $0.00 | $3.44 | $1,220.54 |
3 | $1,220.54 | $608.55 | $0.00 | $6.90 | $1,835.99 |
4 | $1,835.99 | $608.55 | $0.00 | $10.38 | $2,454.92 |
5 | $2,454.92 | $608.55 | $0.00 | $13.88 | $3,077.35 |
6 | $3,077.35 | $608.55 | $0.00 | $17.40 | $3,703.30 |
7 | $3,703.30 | $608.55 | $0.00 | $20.94 | $4,332.79 |
8 | $4,332.79 | $608.55 | $0.00 | $24.50 | $4,965.84 |
9 | $4,965.84 | $608.55 | $0.00 | $28.08 | $5,602.47 |
10 | $5,602.47 | $608.55 | $0.00 | $31.68 | $6,242.70 |
11 | $6,242.70 | $608.55 | $0.00 | $35.30 | $6,886.55 |
12 | $6,886.55 | $608.55 | $0.00 | $38.94 | $7,534.04 |
13 | $7,534.04 | $608.55 | $0.00 | $42.60 | $8,185.19 |
14 | $8,185.19 | $608.55 | $0.00 | $46.28 | $8,840.02 |
15 | $8,840.02 | $608.55 | $0.00 | $49.98 | $9,498.55 |
16 | $9,498.55 | $608.55 | $0.00 | $53.71 | $10,160.81 |
17 | $10,160.81 | $608.55 | $0.00 | $57.45 | $10,826.81 |
18 | $10,826.81 | $608.55 | $0.00 | $61.22 | $11,496.58 |
19 | $11,496.58 | $608.55 | $0.00 | $65.00 | $12,170.13 |
20 | $12,170.13 | $608.55 | $0.00 | $68.81 | $12,847.49 |
21 | $12,847.49 | $608.55 | $0.00 | $72.64 | $13,528.68 |
22 | $13,528.68 | $608.55 | $0.00 | $76.49 | $14,213.72 |
23 | $14,213.72 | $608.55 | $0.00 | $80.37 | $14,902.64 |
24 | $14,902.64 | $608.55 | $0.00 | $84.26 | $15,595.45 |
25 | $15,595.45 | $608.55 | $0.00 | $88.18 | $16,292.18 |
26 | $16,292.18 | $608.55 | $0.00 | $92.12 | $16,992.85 |
27 | $16,992.85 | $608.55 | $0.00 | $96.08 | $17,697.48 |
28 | $17,697.48 | $608.55 | $0.00 | $100.06 | $18,406.09 |
29 | $18,406.09 | $608.55 | $0.00 | $104.07 | $19,118.71 |
30 | $19,118.71 | $608.55 | $0.00 | $108.10 | $19,835.36 |
31 | $19,835.36 | $608.55 | $0.00 | $112.15 | $20,556.06 |
32 | $20,556.06 | $608.55 | $0.00 | $116.23 | $21,280.84 |
33 | $21,280.84 | $608.55 | $0.00 | $120.32 | $22,009.71 |
34 | $22,009.71 | $608.55 | $0.00 | $124.45 | $22,742.71 |
35 | $22,742.71 | $608.55 | $0.00 | $128.59 | $23,479.85 |
36 | $23,479.85 | $608.55 | $0.00 | $132.76 | $24,221.16 |
37 | $24,221.16 | $608.55 | $0.00 | $136.95 | $24,966.66 |
38 | $24,966.66 | $608.55 | $0.00 | $141.17 | $25,716.38 |
39 | $25,716.38 | $608.55 | $0.00 | $145.40 | $26,470.33 |
40 | $26,470.33 | $608.55 | $0.00 | $149.67 | $27,228.55 |
41 | $27,228.55 | $608.55 | $0.00 | $153.95 | $27,991.05 |
42 | $27,991.05 | $608.55 | $0.00 | $158.27 | $28,757.87 |
43 | $28,757.87 | $608.55 | $0.00 | $162.60 | $29,529.02 |
44 | $29,529.02 | $608.55 | $0.00 | $166.96 | $30,304.53 |
45 | $30,304.53 | $608.55 | $0.00 | $171.35 | $31,084.43 |
46 | $31,084.43 | $608.55 | $0.00 | $175.76 | $31,868.74 |
47 | $31,868.74 | $608.55 | $0.00 | $180.19 | $32,657.48 |
48 | $32,657.48 | $608.55 | $0.00 | $184.65 | $33,450.68 |
49 | $33,450.68 | $608.55 | $0.00 | $189.14 | $34,248.37 |
50 | $34,248.37 | $608.55 | $0.00 | $193.65 | $35,050.57 |
51 | $35,050.57 | $608.55 | $0.00 | $198.18 | $35,857.30 |
52 | $35,857.30 | $608.55 | $0.00 | $202.74 | $36,668.59 |
53 | $36,668.59 | $608.55 | $0.00 | $207.33 | $37,484.47 |
54 | $37,484.47 | $608.55 | $0.00 | $211.94 | $38,304.96 |
55 | $38,304.96 | $608.55 | $0.00 | $216.58 | $39,130.09 |
56 | $39,130.09 | $608.55 | $0.00 | $221.25 | $39,959.89 |
57 | $39,959.89 | $608.55 | $0.00 | $225.94 | $40,794.38 |
58 | $40,794.38 | $608.55 | $0.00 | $230.66 | $41,633.59 |
59 | $41,633.59 | $608.55 | $0.00 | $235.40 | $42,477.54 |
60 | $42,477.54 | $608.55 | $0.00 | $240.17 | $43,326.26 |
61 | $43,326.26 | $608.55 | $0.00 | $244.97 | $44,179.78 |
62 | $44,179.78 | $608.55 | $0.00 | $249.80 | $45,038.13 |
63 | $45,038.13 | $608.55 | $0.00 | $254.65 | $45,901.33 |
64 | $45,901.33 | $608.55 | $0.00 | $259.53 | $46,769.41 |
65 | $46,769.41 | $608.55 | $0.00 | $264.44 | $47,642.40 |
66 | $47,642.40 | $608.55 | $0.00 | $269.38 | $48,520.33 |
67 | $48,520.33 | $608.55 | $0.00 | $274.34 | $49,403.22 |
68 | $49,403.22 | $608.55 | $0.00 | $279.33 | $50,291.10 |
69 | $50,291.10 | $608.55 | $0.00 | $284.35 | $51,184.00 |
70 | $51,184.00 | $608.55 | $0.00 | $289.40 | $52,081.95 |
71 | $52,081.95 | $608.55 | $0.00 | $294.48 | $52,984.98 |
72 | $52,984.98 | $608.55 | $0.00 | $299.58 | $53,893.11 |
73 | $53,893.11 | $608.55 | $0.00 | $304.72 | $54,806.38 |
74 | $54,806.38 | $608.55 | $0.00 | $309.88 | $55,724.81 |
75 | $55,724.81 | $608.55 | $0.00 | $315.08 | $56,648.44 |
76 | $56,648.44 | $608.55 | $0.00 | $320.30 | $57,577.29 |
77 | $57,577.29 | $608.55 | $0.00 | $325.55 | $58,511.39 |
78 | $58,511.39 | $608.55 | $0.00 | $330.83 | $59,450.77 |
79 | $59,450.77 | $608.55 | $0.00 | $336.14 | $60,395.46 |
80 | $60,395.46 | $608.55 | $0.00 | $341.48 | $61,345.49 |
81 | $61,345.49 | $608.55 | $0.00 | $346.86 | $62,300.90 |
82 | $62,300.90 | $608.55 | $0.00 | $352.26 | $63,261.71 |
83 | $63,261.71 | $608.55 | $0.00 | $357.69 | $64,227.95 |
84 | $64,227.95 | $608.55 | $0.00 | $363.15 | $65,199.65 |
85 | $65,199.65 | $608.55 | $0.00 | $368.65 | $66,176.85 |
86 | $66,176.85 | $608.55 | $0.00 | $374.17 | $67,159.57 |
87 | $67,159.57 | $608.55 | $0.00 | $379.73 | $68,147.85 |
88 | $68,147.85 | $608.55 | $0.00 | $385.32 | $69,141.72 |
89 | $69,141.72 | $608.55 | $0.00 | $390.94 | $70,141.21 |
90 | $70,141.21 | $608.55 | $0.00 | $396.59 | $71,146.35 |
91 | $71,146.35 | $608.55 | $0.00 | $402.27 | $72,157.17 |
92 | $72,157.17 | $608.55 | $0.00 | $407.99 | $73,173.71 |
93 | $73,173.71 | $608.55 | $0.00 | $413.73 | $74,195.99 |
94 | $74,195.99 | $608.55 | $0.00 | $419.51 | $75,224.05 |
95 | $75,224.05 | $608.55 | $0.00 | $425.33 | $76,257.93 |
96 | $76,257.93 | $608.55 | $0.00 | $431.17 | $77,297.65 |
97 | $77,297.65 | $608.55 | $0.00 | $437.05 | $78,343.25 |
98 | $78,343.25 | $608.55 | $0.00 | $442.96 | $79,394.76 |
99 | $79,394.76 | $608.55 | $0.00 | $448.91 | $80,452.22 |
100 | $80,452.22 | $608.55 | $0.00 | $454.89 | $81,515.66 |
101 | $81,515.66 | $608.55 | $0.00 | $460.90 | $82,585.11 |
102 | $82,585.11 | $608.55 | $0.00 | $466.95 | $83,660.61 |
103 | $83,660.61 | $608.55 | $0.00 | $473.03 | $84,742.19 |
104 | $84,742.19 | $608.55 | $0.00 | $479.14 | $85,829.88 |
105 | $85,829.88 | $608.55 | $0.00 | $485.29 | $86,923.72 |
106 | $86,923.72 | $608.55 | $0.00 | $491.48 | $88,023.75 |
107 | $88,023.75 | $608.55 | $0.00 | $497.70 | $89,130.00 |
108 | $89,130.00 | $608.55 | $0.00 | $503.95 | $90,242.50 |
109 | $90,242.50 | $608.55 | $0.00 | $510.24 | $91,361.29 |
110 | $91,361.29 | $608.55 | $0.00 | $516.57 | $92,486.41 |
111 | $92,486.41 | $608.55 | $0.00 | $522.93 | $93,617.89 |
112 | $93,617.89 | $608.55 | $0.00 | $529.33 | $94,755.77 |
113 | $94,755.77 | $608.55 | $0.00 | $535.76 | $95,900.08 |
114 | $95,900.08 | $608.55 | $0.00 | $542.23 | $97,050.86 |
115 | $97,050.86 | $608.55 | $0.00 | $548.74 | $98,208.15 |
116 | $98,208.15 | $608.55 | $0.00 | $555.28 | $99,371.98 |
117 | $99,371.98 | $608.55 | $0.00 | $561.86 | $100,542.39 |
118 | $100,542.39 | $608.55 | $0.00 | $568.48 | $101,719.42 |
119 | $101,719.42 | $608.55 | $0.00 | $575.14 | $102,903.11 |
120 | $102,903.11 | $608.55 | $0.00 | $581.83 | $104,093.49 |
121 | $104,093.49 | $608.55 | $0.00 | $588.56 | $105,290.60 |
122 | $105,290.60 | $608.55 | $0.00 | $595.33 | $106,494.48 |
123 | $106,494.48 | $608.55 | $0.00 | $602.14 | $107,705.17 |
124 | $107,705.17 | $608.55 | $0.00 | $608.98 | $108,922.70 |
125 | $108,922.70 | $608.55 | $0.00 | $615.86 | $110,147.11 |
126 | $110,147.11 | $608.55 | $0.00 | $622.79 | $111,378.45 |
127 | $111,378.45 | $608.55 | $0.00 | $629.75 | $112,616.75 |
128 | $112,616.75 | $608.55 | $0.00 | $636.75 | $113,862.05 |
129 | $113,862.05 | $608.55 | $0.00 | $643.79 | $115,114.39 |
130 | $115,114.39 | $608.55 | $0.00 | $650.87 | $116,373.81 |
131 | $116,373.81 | $608.55 | $0.00 | $657.99 | $117,640.35 |
132 | $117,640.35 | $608.55 | $0.00 | $665.16 | $118,914.06 |
133 | $118,914.06 | $608.55 | $0.00 | $672.36 | $120,194.97 |
134 | $120,194.97 | $608.55 | $0.00 | $679.60 | $121,483.12 |
135 | $121,483.12 | $608.55 | $0.00 | $686.88 | $122,778.55 |
136 | $122,778.55 | $608.55 | $0.00 | $694.21 | $124,081.31 |
137 | $124,081.31 | $608.55 | $0.00 | $701.57 | $125,391.43 |
138 | $125,391.43 | $608.55 | $0.00 | $708.98 | $126,708.96 |
139 | $126,708.96 | $608.55 | $0.00 | $716.43 | $128,033.94 |
140 | $128,033.94 | $608.55 | $0.00 | $723.92 | $129,366.41 |
141 | $129,366.41 | $608.55 | $0.00 | $731.46 | $130,706.42 |
142 | $130,706.42 | $608.55 | $0.00 | $739.03 | $132,054.00 |
143 | $132,054.00 | $608.55 | $0.00 | $746.65 | $133,409.20 |
144 | $133,409.20 | $608.55 | $0.00 | $754.32 | $134,772.07 |
145 | $134,772.07 | $608.55 | $0.00 | $762.02 | $136,142.64 |
146 | $136,142.64 | $608.55 | $0.00 | $769.77 | $137,520.96 |
147 | $137,520.96 | $608.55 | $0.00 | $777.56 | $138,907.07 |
148 | $138,907.07 | $608.55 | $0.00 | $785.40 | $140,301.02 |
149 | $140,301.02 | $608.55 | $0.00 | $793.28 | $141,702.85 |
150 | $141,702.85 | $608.55 | $0.00 | $801.21 | $143,112.61 |
151 | $143,112.61 | $608.55 | $0.00 | $809.18 | $144,530.34 |
152 | $144,530.34 | $608.55 | $0.00 | $817.20 | $145,956.09 |
153 | $145,956.09 | $608.55 | $0.00 | $825.26 | $147,389.90 |
154 | $147,389.90 | $608.55 | $0.00 | $833.36 | $148,831.81 |
155 | $148,831.81 | $608.55 | $0.00 | $841.52 | $150,281.88 |
156 | $150,281.88 | $608.55 | $0.00 | $849.72 | $151,740.15 |
157 | $151,740.15 | $608.55 | $0.00 | $857.96 | $153,206.66 |
158 | $153,206.66 | $608.55 | $0.00 | $866.25 | $154,681.46 |
159 | $154,681.46 | $608.55 | $0.00 | $874.59 | $156,164.60 |
160 | $156,164.60 | $608.55 | $0.00 | $882.98 | $157,656.13 |
161 | $157,656.13 | $608.55 | $0.00 | $891.41 | $159,156.09 |
162 | $159,156.09 | $608.55 | $0.00 | $899.89 | $160,664.53 |
163 | $160,664.53 | $608.55 | $0.00 | $908.42 | $162,181.50 |
164 | $162,181.50 | $608.55 | $0.00 | $917.00 | $163,707.05 |
165 | $163,707.05 | $608.55 | $0.00 | $925.62 | $165,241.22 |
166 | $165,241.22 | $608.55 | $0.00 | $934.30 | $166,784.07 |
167 | $166,784.07 | $608.55 | $0.00 | $943.02 | $168,335.64 |
168 | $168,335.64 | $608.55 | $0.00 | $951.79 | $169,895.98 |
169 | $169,895.98 | $608.55 | $0.00 | $960.62 | $171,465.15 |
170 | $171,465.15 | $608.55 | $0.00 | $969.49 | $173,043.19 |
171 | $173,043.19 | $608.55 | $0.00 | $978.41 | $174,630.15 |
172 | $174,630.15 | $608.55 | $0.00 | $987.38 | $176,226.08 |
173 | $176,226.08 | $608.55 | $0.00 | $996.41 | $177,831.04 |
174 | $177,831.04 | $608.55 | $0.00 | $1,005.48 | $179,445.07 |
175 | $179,445.07 | $608.55 | $0.00 | $1,014.61 | $181,068.23 |
176 | $181,068.23 | $608.55 | $0.00 | $1,023.79 | $182,700.57 |
177 | $182,700.57 | $608.55 | $0.00 | $1,033.02 | $184,342.14 |
178 | $184,342.14 | $608.55 | $0.00 | $1,042.30 | $185,992.99 |
179 | $185,992.99 | $608.55 | $0.00 | $1,051.63 | $187,653.17 |
180 | $187,653.17 | $608.55 | $0.00 | $1,061.02 | $189,322.74 |
181 | $189,322.74 | $608.55 | $0.00 | $1,070.46 | $191,001.75 |
182 | $191,001.75 | $608.55 | $0.00 | $1,079.95 | $192,690.25 |
183 | $192,690.25 | $608.55 | $0.00 | $1,089.50 | $194,388.30 |
184 | $194,388.30 | $608.55 | $0.00 | $1,099.10 | $196,095.95 |
185 | $196,095.95 | $608.55 | $0.00 | $1,108.76 | $197,813.26 |
186 | $197,813.26 | $608.55 | $0.00 | $1,118.46 | $199,540.27 |
187 | $199,540.27 | $608.55 | $0.00 | $1,128.23 | $201,277.05 |
188 | $201,277.05 | $608.55 | $0.00 | $1,138.05 | $203,023.65 |
189 | $203,023.65 | $608.55 | $0.00 | $1,147.93 | $204,780.13 |
190 | $204,780.13 | $608.55 | $0.00 | $1,157.86 | $206,546.54 |
191 | $206,546.54 | $608.55 | $0.00 | $1,167.84 | $208,322.93 |
192 | $208,322.93 | $608.55 | $0.00 | $1,177.89 | $210,109.37 |
193 | $210,109.37 | $608.55 | $0.00 | $1,187.99 | $211,905.91 |
194 | $211,905.91 | $608.55 | $0.00 | $1,198.15 | $213,712.61 |
195 | $213,712.61 | $608.55 | $0.00 | $1,208.36 | $215,529.52 |
196 | $215,529.52 | $608.55 | $0.00 | $1,218.64 | $217,356.71 |
197 | $217,356.71 | $608.55 | $0.00 | $1,228.97 | $219,194.23 |
198 | $219,194.23 | $608.55 | $0.00 | $1,239.36 | $221,042.14 |
199 | $221,042.14 | $608.55 | $0.00 | $1,249.80 | $222,900.49 |
200 | $222,900.49 | $608.55 | $0.00 | $1,260.31 | $224,769.35 |
201 | $224,769.35 | $608.55 | $0.00 | $1,270.88 | $226,648.78 |
202 | $226,648.78 | $608.55 | $0.00 | $1,281.51 | $228,538.84 |
203 | $228,538.84 | $608.55 | $0.00 | $1,292.19 | $230,439.58 |
204 | $230,439.58 | $608.55 | $0.00 | $1,302.94 | $232,351.07 |
205 | $232,351.07 | $608.55 | $0.00 | $1,313.75 | $234,273.37 |
206 | $234,273.37 | $608.55 | $0.00 | $1,324.62 | $236,206.54 |
207 | $236,206.54 | $608.55 | $0.00 | $1,335.55 | $238,150.64 |
208 | $238,150.64 | $608.55 | $0.00 | $1,346.54 | $240,105.73 |
209 | $240,105.73 | $608.55 | $0.00 | $1,357.59 | $242,071.87 |
210 | $242,071.87 | $608.55 | $0.00 | $1,368.71 | $244,049.13 |
211 | $244,049.13 | $608.55 | $0.00 | $1,379.89 | $246,037.57 |
212 | $246,037.57 | $608.55 | $0.00 | $1,391.13 | $248,037.25 |
213 | $248,037.25 | $608.55 | $0.00 | $1,402.44 | $250,048.24 |
214 | $250,048.24 | $608.55 | $0.00 | $1,413.81 | $252,070.60 |
215 | $252,070.60 | $608.55 | $0.00 | $1,425.24 | $254,104.39 |
216 | $254,104.39 | $608.55 | $0.00 | $1,436.74 | $256,149.68 |
217 | $256,149.68 | $608.55 | $71,346.63 | $1,448.31 | $186,859.91 |
218 | $186,859.91 | $608.55 | $0.00 | $1,056.53 | $188,524.99 |
219 | $188,524.99 | $608.55 | $0.00 | $1,065.95 | $190,199.49 |
220 | $190,199.49 | $608.55 | $0.00 | $1,075.42 | $191,883.46 |
221 | $191,883.46 | $608.55 | $0.00 | $1,084.94 | $193,576.95 |
222 | $193,576.95 | $608.55 | $0.00 | $1,094.51 | $195,280.01 |
223 | $195,280.01 | $608.55 | $0.00 | $1,104.14 | $196,992.70 |
224 | $196,992.70 | $608.55 | $0.00 | $1,113.83 | $198,715.08 |
225 | $198,715.08 | $608.55 | $0.00 | $1,123.56 | $200,447.19 |
226 | $200,447.19 | $608.55 | $0.00 | $1,133.36 | $202,189.10 |
227 | $202,189.10 | $608.55 | $0.00 | $1,143.21 | $203,940.86 |
228 | $203,940.86 | $608.55 | $0.00 | $1,153.11 | $205,702.52 |
229 | $205,702.52 | $608.55 | $74,913.97 | $1,163.07 | $132,560.17 |
230 | $132,560.17 | $608.55 | $0.00 | $749.51 | $133,918.23 |
231 | $133,918.23 | $608.55 | $0.00 | $757.19 | $135,283.97 |
232 | $135,283.97 | $608.55 | $0.00 | $764.92 | $136,657.44 |
233 | $136,657.44 | $608.55 | $0.00 | $772.68 | $138,038.67 |
234 | $138,038.67 | $608.55 | $0.00 | $780.49 | $139,427.71 |
235 | $139,427.71 | $608.55 | $0.00 | $788.34 | $140,824.60 |
236 | $140,824.60 | $608.55 | $0.00 | $796.24 | $142,229.39 |
237 | $142,229.39 | $608.55 | $0.00 | $804.19 | $143,642.13 |
238 | $143,642.13 | $608.55 | $0.00 | $812.17 | $145,062.85 |
239 | $145,062.85 | $608.55 | $0.00 | $820.21 | $146,491.61 |
240 | $146,491.61 | $608.55 | $0.00 | $828.28 | $147,928.44 |
241 | $147,928.44 | $608.55 | $78,659.66 | $836.41 | $70,713.74 |
242 | $70,713.74 | $608.55 | $0.00 | $399.83 | $71,722.12 |
243 | $71,722.12 | $608.55 | $0.00 | $405.53 | $72,736.20 |
244 | $72,736.20 | $608.55 | $0.00 | $411.26 | $73,756.01 |
245 | $73,756.01 | $608.55 | $0.00 | $417.03 | $74,781.59 |
246 | $74,781.59 | $608.55 | $0.00 | $422.83 | $75,812.97 |
247 | $75,812.97 | $608.55 | $0.00 | $428.66 | $76,850.18 |
248 | $76,850.18 | $608.55 | $0.00 | $434.52 | $77,893.25 |
249 | $77,893.25 | $608.55 | $0.00 | $440.42 | $78,942.22 |
250 | $78,942.22 | $608.55 | $0.00 | $446.35 | $79,997.12 |
251 | $79,997.12 | $608.55 | $0.00 | $452.32 | $81,057.99 |
252 | $81,057.99 | $608.55 | $0.00 | $458.31 | $82,124.85 |
253 | $82,124.85 | $0.00 | $82,592.65 | $464.35 | ($3.45) |