Estimated Annual Cost in 2042 | $115,533 |
Monthly savings required | $913 |
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 $462,131.53 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $913.08 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 | $30,795.00 |
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 Maryland Baltimore County in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $913.08 | $0.00 | $0.00 | $913.08 |
2 | $913.08 | $913.08 | $0.00 | $5.16 | $1,831.32 |
3 | $1,831.32 | $913.08 | $0.00 | $10.35 | $2,754.75 |
4 | $2,754.75 | $913.08 | $0.00 | $15.58 | $3,683.41 |
5 | $3,683.41 | $913.08 | $0.00 | $20.83 | $4,617.32 |
6 | $4,617.32 | $913.08 | $0.00 | $26.11 | $5,556.51 |
7 | $5,556.51 | $913.08 | $0.00 | $31.42 | $6,501.01 |
8 | $6,501.01 | $913.08 | $0.00 | $36.76 | $7,450.85 |
9 | $7,450.85 | $913.08 | $0.00 | $42.13 | $8,406.06 |
10 | $8,406.06 | $913.08 | $0.00 | $47.53 | $9,366.67 |
11 | $9,366.67 | $913.08 | $0.00 | $52.96 | $10,332.71 |
12 | $10,332.71 | $913.08 | $0.00 | $58.42 | $11,304.21 |
13 | $11,304.21 | $913.08 | $0.00 | $63.92 | $12,281.21 |
14 | $12,281.21 | $913.08 | $0.00 | $69.44 | $13,263.73 |
15 | $13,263.73 | $913.08 | $0.00 | $75.00 | $14,251.81 |
16 | $14,251.81 | $913.08 | $0.00 | $80.58 | $15,245.47 |
17 | $15,245.47 | $913.08 | $0.00 | $86.20 | $16,244.75 |
18 | $16,244.75 | $913.08 | $0.00 | $91.85 | $17,249.68 |
19 | $17,249.68 | $913.08 | $0.00 | $97.53 | $18,260.29 |
20 | $18,260.29 | $913.08 | $0.00 | $103.25 | $19,276.62 |
21 | $19,276.62 | $913.08 | $0.00 | $108.99 | $20,298.69 |
22 | $20,298.69 | $913.08 | $0.00 | $114.77 | $21,326.54 |
23 | $21,326.54 | $913.08 | $0.00 | $120.58 | $22,360.20 |
24 | $22,360.20 | $913.08 | $0.00 | $126.43 | $23,399.71 |
25 | $23,399.71 | $913.08 | $0.00 | $132.31 | $24,445.10 |
26 | $24,445.10 | $913.08 | $0.00 | $138.22 | $25,496.40 |
27 | $25,496.40 | $913.08 | $0.00 | $144.16 | $26,553.64 |
28 | $26,553.64 | $913.08 | $0.00 | $150.14 | $27,616.86 |
29 | $27,616.86 | $913.08 | $0.00 | $156.15 | $28,686.09 |
30 | $28,686.09 | $913.08 | $0.00 | $162.20 | $29,761.37 |
31 | $29,761.37 | $913.08 | $0.00 | $168.28 | $30,842.73 |
32 | $30,842.73 | $913.08 | $0.00 | $174.39 | $31,930.20 |
33 | $31,930.20 | $913.08 | $0.00 | $180.54 | $33,023.82 |
34 | $33,023.82 | $913.08 | $0.00 | $186.72 | $34,123.62 |
35 | $34,123.62 | $913.08 | $0.00 | $192.94 | $35,229.64 |
36 | $35,229.64 | $913.08 | $0.00 | $199.19 | $36,341.91 |
37 | $36,341.91 | $913.08 | $0.00 | $205.48 | $37,460.47 |
38 | $37,460.47 | $913.08 | $0.00 | $211.81 | $38,585.36 |
39 | $38,585.36 | $913.08 | $0.00 | $218.17 | $39,716.61 |
40 | $39,716.61 | $913.08 | $0.00 | $224.56 | $40,854.25 |
41 | $40,854.25 | $913.08 | $0.00 | $231.00 | $41,998.33 |
42 | $41,998.33 | $913.08 | $0.00 | $237.46 | $43,148.87 |
43 | $43,148.87 | $913.08 | $0.00 | $243.97 | $44,305.92 |
44 | $44,305.92 | $913.08 | $0.00 | $250.51 | $45,469.51 |
45 | $45,469.51 | $913.08 | $0.00 | $257.09 | $46,639.68 |
46 | $46,639.68 | $913.08 | $0.00 | $263.71 | $47,816.47 |
47 | $47,816.47 | $913.08 | $0.00 | $270.36 | $48,999.91 |
48 | $48,999.91 | $913.08 | $0.00 | $277.05 | $50,190.04 |
49 | $50,190.04 | $913.08 | $0.00 | $283.78 | $51,386.90 |
50 | $51,386.90 | $913.08 | $0.00 | $290.55 | $52,590.53 |
51 | $52,590.53 | $913.08 | $0.00 | $297.35 | $53,800.96 |
52 | $53,800.96 | $913.08 | $0.00 | $304.20 | $55,018.24 |
53 | $55,018.24 | $913.08 | $0.00 | $311.08 | $56,242.40 |
54 | $56,242.40 | $913.08 | $0.00 | $318.00 | $57,473.48 |
55 | $57,473.48 | $913.08 | $0.00 | $324.96 | $58,711.52 |
56 | $58,711.52 | $913.08 | $0.00 | $331.96 | $59,956.56 |
57 | $59,956.56 | $913.08 | $0.00 | $339.00 | $61,208.64 |
58 | $61,208.64 | $913.08 | $0.00 | $346.08 | $62,467.80 |
59 | $62,467.80 | $913.08 | $0.00 | $353.20 | $63,734.08 |
60 | $63,734.08 | $913.08 | $0.00 | $360.36 | $65,007.52 |
61 | $65,007.52 | $913.08 | $0.00 | $367.56 | $66,288.16 |
62 | $66,288.16 | $913.08 | $0.00 | $374.80 | $67,576.04 |
63 | $67,576.04 | $913.08 | $0.00 | $382.08 | $68,871.20 |
64 | $68,871.20 | $913.08 | $0.00 | $389.41 | $70,173.69 |
65 | $70,173.69 | $913.08 | $0.00 | $396.77 | $71,483.54 |
66 | $71,483.54 | $913.08 | $0.00 | $404.18 | $72,800.80 |
67 | $72,800.80 | $913.08 | $0.00 | $411.63 | $74,125.51 |
68 | $74,125.51 | $913.08 | $0.00 | $419.12 | $75,457.71 |
69 | $75,457.71 | $913.08 | $0.00 | $426.65 | $76,797.44 |
70 | $76,797.44 | $913.08 | $0.00 | $434.22 | $78,144.74 |
71 | $78,144.74 | $913.08 | $0.00 | $441.84 | $79,499.66 |
72 | $79,499.66 | $913.08 | $0.00 | $449.50 | $80,862.24 |
73 | $80,862.24 | $913.08 | $0.00 | $457.21 | $82,232.53 |
74 | $82,232.53 | $913.08 | $0.00 | $464.95 | $83,610.56 |
75 | $83,610.56 | $913.08 | $0.00 | $472.75 | $84,996.39 |
76 | $84,996.39 | $913.08 | $0.00 | $480.58 | $86,390.05 |
77 | $86,390.05 | $913.08 | $0.00 | $488.46 | $87,791.59 |
78 | $87,791.59 | $913.08 | $0.00 | $496.39 | $89,201.06 |
79 | $89,201.06 | $913.08 | $0.00 | $504.36 | $90,618.50 |
80 | $90,618.50 | $913.08 | $0.00 | $512.37 | $92,043.95 |
81 | $92,043.95 | $913.08 | $0.00 | $520.43 | $93,477.46 |
82 | $93,477.46 | $913.08 | $0.00 | $528.54 | $94,919.08 |
83 | $94,919.08 | $913.08 | $0.00 | $536.69 | $96,368.85 |
84 | $96,368.85 | $913.08 | $0.00 | $544.88 | $97,826.81 |
85 | $97,826.81 | $913.08 | $0.00 | $553.13 | $99,293.02 |
86 | $99,293.02 | $913.08 | $0.00 | $561.42 | $100,767.52 |
87 | $100,767.52 | $913.08 | $0.00 | $569.75 | $102,250.35 |
88 | $102,250.35 | $913.08 | $0.00 | $578.14 | $103,741.57 |
89 | $103,741.57 | $913.08 | $0.00 | $586.57 | $105,241.22 |
90 | $105,241.22 | $913.08 | $0.00 | $595.05 | $106,749.35 |
91 | $106,749.35 | $913.08 | $0.00 | $603.58 | $108,266.01 |
92 | $108,266.01 | $913.08 | $0.00 | $612.15 | $109,791.24 |
93 | $109,791.24 | $913.08 | $0.00 | $620.78 | $111,325.10 |
94 | $111,325.10 | $913.08 | $0.00 | $629.45 | $112,867.63 |
95 | $112,867.63 | $913.08 | $0.00 | $638.17 | $114,418.88 |
96 | $114,418.88 | $913.08 | $0.00 | $646.94 | $115,978.90 |
97 | $115,978.90 | $913.08 | $0.00 | $655.76 | $117,547.74 |
98 | $117,547.74 | $913.08 | $0.00 | $664.63 | $119,125.45 |
99 | $119,125.45 | $913.08 | $0.00 | $673.55 | $120,712.08 |
100 | $120,712.08 | $913.08 | $0.00 | $682.52 | $122,307.68 |
101 | $122,307.68 | $913.08 | $0.00 | $691.55 | $123,912.31 |
102 | $123,912.31 | $913.08 | $0.00 | $700.62 | $125,526.01 |
103 | $125,526.01 | $913.08 | $0.00 | $709.74 | $127,148.83 |
104 | $127,148.83 | $913.08 | $0.00 | $718.92 | $128,780.83 |
105 | $128,780.83 | $913.08 | $0.00 | $728.15 | $130,422.06 |
106 | $130,422.06 | $913.08 | $0.00 | $737.43 | $132,072.57 |
107 | $132,072.57 | $913.08 | $0.00 | $746.76 | $133,732.41 |
108 | $133,732.41 | $913.08 | $0.00 | $756.14 | $135,401.63 |
109 | $135,401.63 | $913.08 | $0.00 | $765.58 | $137,080.29 |
110 | $137,080.29 | $913.08 | $0.00 | $775.07 | $138,768.44 |
111 | $138,768.44 | $913.08 | $0.00 | $784.62 | $140,466.14 |
112 | $140,466.14 | $913.08 | $0.00 | $794.22 | $142,173.44 |
113 | $142,173.44 | $913.08 | $0.00 | $803.87 | $143,890.39 |
114 | $143,890.39 | $913.08 | $0.00 | $813.58 | $145,617.05 |
115 | $145,617.05 | $913.08 | $0.00 | $823.34 | $147,353.47 |
116 | $147,353.47 | $913.08 | $0.00 | $833.16 | $149,099.71 |
117 | $149,099.71 | $913.08 | $0.00 | $843.03 | $150,855.82 |
118 | $150,855.82 | $913.08 | $0.00 | $852.96 | $152,621.86 |
119 | $152,621.86 | $913.08 | $0.00 | $862.95 | $154,397.89 |
120 | $154,397.89 | $913.08 | $0.00 | $872.99 | $156,183.96 |
121 | $156,183.96 | $913.08 | $0.00 | $883.09 | $157,980.13 |
122 | $157,980.13 | $913.08 | $0.00 | $893.24 | $159,786.45 |
123 | $159,786.45 | $913.08 | $0.00 | $903.46 | $161,602.99 |
124 | $161,602.99 | $913.08 | $0.00 | $913.73 | $163,429.80 |
125 | $163,429.80 | $913.08 | $0.00 | $924.06 | $165,266.94 |
126 | $165,266.94 | $913.08 | $0.00 | $934.44 | $167,114.46 |
127 | $167,114.46 | $913.08 | $0.00 | $944.89 | $168,972.43 |
128 | $168,972.43 | $913.08 | $0.00 | $955.39 | $170,840.90 |
129 | $170,840.90 | $913.08 | $0.00 | $965.96 | $172,719.94 |
130 | $172,719.94 | $913.08 | $0.00 | $976.58 | $174,609.60 |
131 | $174,609.60 | $913.08 | $0.00 | $987.27 | $176,509.95 |
132 | $176,509.95 | $913.08 | $0.00 | $998.01 | $178,421.04 |
133 | $178,421.04 | $913.08 | $0.00 | $1,008.82 | $180,342.94 |
134 | $180,342.94 | $913.08 | $0.00 | $1,019.69 | $182,275.71 |
135 | $182,275.71 | $913.08 | $0.00 | $1,030.61 | $184,219.40 |
136 | $184,219.40 | $913.08 | $0.00 | $1,041.60 | $186,174.08 |
137 | $186,174.08 | $913.08 | $0.00 | $1,052.66 | $188,139.82 |
138 | $188,139.82 | $913.08 | $0.00 | $1,063.77 | $190,116.67 |
139 | $190,116.67 | $913.08 | $0.00 | $1,074.95 | $192,104.70 |
140 | $192,104.70 | $913.08 | $0.00 | $1,086.19 | $194,103.97 |
141 | $194,103.97 | $913.08 | $0.00 | $1,097.49 | $196,114.54 |
142 | $196,114.54 | $913.08 | $0.00 | $1,108.86 | $198,136.48 |
143 | $198,136.48 | $913.08 | $0.00 | $1,120.29 | $200,169.85 |
144 | $200,169.85 | $913.08 | $0.00 | $1,131.79 | $202,214.72 |
145 | $202,214.72 | $913.08 | $0.00 | $1,143.35 | $204,271.15 |
146 | $204,271.15 | $913.08 | $0.00 | $1,154.98 | $206,339.21 |
147 | $206,339.21 | $913.08 | $0.00 | $1,166.67 | $208,418.96 |
148 | $208,418.96 | $913.08 | $0.00 | $1,178.43 | $210,510.47 |
149 | $210,510.47 | $913.08 | $0.00 | $1,190.26 | $212,613.81 |
150 | $212,613.81 | $913.08 | $0.00 | $1,202.15 | $214,729.04 |
151 | $214,729.04 | $913.08 | $0.00 | $1,214.11 | $216,856.23 |
152 | $216,856.23 | $913.08 | $0.00 | $1,226.14 | $218,995.45 |
153 | $218,995.45 | $913.08 | $0.00 | $1,238.23 | $221,146.76 |
154 | $221,146.76 | $913.08 | $0.00 | $1,250.40 | $223,310.24 |
155 | $223,310.24 | $913.08 | $0.00 | $1,262.63 | $225,485.95 |
156 | $225,485.95 | $913.08 | $0.00 | $1,274.93 | $227,673.96 |
157 | $227,673.96 | $913.08 | $0.00 | $1,287.30 | $229,874.34 |
158 | $229,874.34 | $913.08 | $0.00 | $1,299.74 | $232,087.16 |
159 | $232,087.16 | $913.08 | $0.00 | $1,312.25 | $234,312.49 |
160 | $234,312.49 | $913.08 | $0.00 | $1,324.84 | $236,550.41 |
161 | $236,550.41 | $913.08 | $0.00 | $1,337.49 | $238,800.98 |
162 | $238,800.98 | $913.08 | $0.00 | $1,350.22 | $241,064.28 |
163 | $241,064.28 | $913.08 | $0.00 | $1,363.01 | $243,340.37 |
164 | $243,340.37 | $913.08 | $0.00 | $1,375.88 | $245,629.33 |
165 | $245,629.33 | $913.08 | $0.00 | $1,388.82 | $247,931.23 |
166 | $247,931.23 | $913.08 | $0.00 | $1,401.84 | $250,246.15 |
167 | $250,246.15 | $913.08 | $0.00 | $1,414.93 | $252,574.16 |
168 | $252,574.16 | $913.08 | $0.00 | $1,428.09 | $254,915.33 |
169 | $254,915.33 | $913.08 | $0.00 | $1,441.33 | $257,269.74 |
170 | $257,269.74 | $913.08 | $0.00 | $1,454.64 | $259,637.46 |
171 | $259,637.46 | $913.08 | $0.00 | $1,468.03 | $262,018.57 |
172 | $262,018.57 | $913.08 | $0.00 | $1,481.49 | $264,413.14 |
173 | $264,413.14 | $913.08 | $0.00 | $1,495.03 | $266,821.25 |
174 | $266,821.25 | $913.08 | $0.00 | $1,508.65 | $269,242.98 |
175 | $269,242.98 | $913.08 | $0.00 | $1,522.34 | $271,678.40 |
176 | $271,678.40 | $913.08 | $0.00 | $1,536.11 | $274,127.59 |
177 | $274,127.59 | $913.08 | $0.00 | $1,549.96 | $276,590.63 |
178 | $276,590.63 | $913.08 | $0.00 | $1,563.88 | $279,067.59 |
179 | $279,067.59 | $913.08 | $0.00 | $1,577.89 | $281,558.56 |
180 | $281,558.56 | $913.08 | $0.00 | $1,591.97 | $284,063.61 |
181 | $284,063.61 | $913.08 | $0.00 | $1,606.14 | $286,582.83 |
182 | $286,582.83 | $913.08 | $0.00 | $1,620.38 | $289,116.29 |
183 | $289,116.29 | $913.08 | $0.00 | $1,634.71 | $291,664.08 |
184 | $291,664.08 | $913.08 | $0.00 | $1,649.11 | $294,226.27 |
185 | $294,226.27 | $913.08 | $0.00 | $1,663.60 | $296,802.95 |
186 | $296,802.95 | $913.08 | $0.00 | $1,678.17 | $299,394.20 |
187 | $299,394.20 | $913.08 | $0.00 | $1,692.82 | $302,000.10 |
188 | $302,000.10 | $913.08 | $0.00 | $1,707.55 | $304,620.73 |
189 | $304,620.73 | $913.08 | $0.00 | $1,722.37 | $307,256.18 |
190 | $307,256.18 | $913.08 | $0.00 | $1,737.27 | $309,906.53 |
191 | $309,906.53 | $913.08 | $0.00 | $1,752.26 | $312,571.87 |
192 | $312,571.87 | $913.08 | $0.00 | $1,767.33 | $315,252.28 |
193 | $315,252.28 | $913.08 | $0.00 | $1,782.48 | $317,947.84 |
194 | $317,947.84 | $913.08 | $0.00 | $1,797.72 | $320,658.64 |
195 | $320,658.64 | $913.08 | $0.00 | $1,813.05 | $323,384.77 |
196 | $323,384.77 | $913.08 | $0.00 | $1,828.46 | $326,126.31 |
197 | $326,126.31 | $913.08 | $0.00 | $1,843.97 | $328,883.36 |
198 | $328,883.36 | $913.08 | $0.00 | $1,859.55 | $331,655.99 |
199 | $331,655.99 | $913.08 | $0.00 | $1,875.23 | $334,444.30 |
200 | $334,444.30 | $913.08 | $0.00 | $1,891.00 | $337,248.38 |
201 | $337,248.38 | $913.08 | $0.00 | $1,906.85 | $340,068.31 |
202 | $340,068.31 | $913.08 | $0.00 | $1,922.80 | $342,904.19 |
203 | $342,904.19 | $913.08 | $0.00 | $1,938.83 | $345,756.10 |
204 | $345,756.10 | $913.08 | $0.00 | $1,954.96 | $348,624.14 |
205 | $348,624.14 | $913.08 | $0.00 | $1,971.17 | $351,508.39 |
206 | $351,508.39 | $913.08 | $0.00 | $1,987.48 | $354,408.95 |
207 | $354,408.95 | $913.08 | $0.00 | $2,003.88 | $357,325.91 |
208 | $357,325.91 | $913.08 | $0.00 | $2,020.37 | $360,259.36 |
209 | $360,259.36 | $913.08 | $0.00 | $2,036.96 | $363,209.40 |
210 | $363,209.40 | $913.08 | $0.00 | $2,053.64 | $366,176.12 |
211 | $366,176.12 | $913.08 | $0.00 | $2,070.41 | $369,159.61 |
212 | $369,159.61 | $913.08 | $0.00 | $2,087.28 | $372,159.97 |
213 | $372,159.97 | $913.08 | $0.00 | $2,104.25 | $375,177.30 |
214 | $375,177.30 | $913.08 | $0.00 | $2,121.31 | $378,211.69 |
215 | $378,211.69 | $913.08 | $0.00 | $2,138.46 | $381,263.23 |
216 | $381,263.23 | $913.08 | $0.00 | $2,155.72 | $384,332.03 |
217 | $384,332.03 | $913.08 | $104,085.01 | $2,173.07 | $283,333.17 |
218 | $283,333.17 | $913.08 | $0.00 | $1,602.01 | $285,848.26 |
219 | $285,848.26 | $913.08 | $0.00 | $1,616.23 | $288,377.57 |
220 | $288,377.57 | $913.08 | $0.00 | $1,630.53 | $290,921.18 |
221 | $290,921.18 | $913.08 | $0.00 | $1,644.91 | $293,479.17 |
222 | $293,479.17 | $913.08 | $0.00 | $1,659.37 | $296,051.62 |
223 | $296,051.62 | $913.08 | $0.00 | $1,673.92 | $298,638.62 |
224 | $298,638.62 | $913.08 | $0.00 | $1,688.55 | $301,240.25 |
225 | $301,240.25 | $913.08 | $0.00 | $1,703.26 | $303,856.59 |
226 | $303,856.59 | $913.08 | $0.00 | $1,718.05 | $306,487.72 |
227 | $306,487.72 | $913.08 | $0.00 | $1,732.93 | $309,133.73 |
228 | $309,133.73 | $913.08 | $0.00 | $1,747.89 | $311,794.70 |
229 | $311,794.70 | $913.08 | $111,370.97 | $1,762.93 | $203,099.74 |
230 | $203,099.74 | $913.08 | $0.00 | $1,148.36 | $205,161.18 |
231 | $205,161.18 | $913.08 | $0.00 | $1,160.01 | $207,234.27 |
232 | $207,234.27 | $913.08 | $0.00 | $1,171.73 | $209,319.08 |
233 | $209,319.08 | $913.08 | $0.00 | $1,183.52 | $211,415.68 |
234 | $211,415.68 | $913.08 | $0.00 | $1,195.37 | $213,524.13 |
235 | $213,524.13 | $913.08 | $0.00 | $1,207.30 | $215,644.51 |
236 | $215,644.51 | $913.08 | $0.00 | $1,219.29 | $217,776.88 |
237 | $217,776.88 | $913.08 | $0.00 | $1,231.34 | $219,921.30 |
238 | $219,921.30 | $913.08 | $0.00 | $1,243.47 | $222,077.85 |
239 | $222,077.85 | $913.08 | $0.00 | $1,255.66 | $224,246.59 |
240 | $224,246.59 | $913.08 | $0.00 | $1,267.92 | $226,427.59 |
241 | $226,427.59 | $913.08 | $119,166.93 | $1,280.25 | $109,453.99 |
242 | $109,453.99 | $913.08 | $0.00 | $618.87 | $110,985.94 |
243 | $110,985.94 | $913.08 | $0.00 | $627.53 | $112,526.55 |
244 | $112,526.55 | $913.08 | $0.00 | $636.24 | $114,075.87 |
245 | $114,075.87 | $913.08 | $0.00 | $645.00 | $115,633.95 |
246 | $115,633.95 | $913.08 | $0.00 | $653.81 | $117,200.84 |
247 | $117,200.84 | $913.08 | $0.00 | $662.67 | $118,776.59 |
248 | $118,776.59 | $913.08 | $0.00 | $671.58 | $120,361.25 |
249 | $120,361.25 | $913.08 | $0.00 | $680.54 | $121,954.87 |
250 | $121,954.87 | $913.08 | $0.00 | $689.55 | $123,557.50 |
251 | $123,557.50 | $913.08 | $0.00 | $698.61 | $125,169.19 |
252 | $125,169.19 | $913.08 | $0.00 | $707.72 | $126,789.99 |
253 | $126,789.99 | $0.00 | $127,508.62 | $716.89 | -$1.74 |