How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $71,142 |
Monthly savings required | $563 |
How much will it cost to send your child to University of Michigan Flint in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $284,568.21 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $563.14 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 | $27,434.00 |
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 Michigan Flint in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $563.14 | $0.00 | $0.00 | $563.14 |
2 | $563.14 | $563.14 | $0.00 | $3.18 | $1,129.46 |
3 | $1,129.46 | $563.14 | $0.00 | $6.39 | $1,698.99 |
4 | $1,698.99 | $563.14 | $0.00 | $9.61 | $2,271.74 |
5 | $2,271.74 | $563.14 | $0.00 | $12.84 | $2,847.72 |
6 | $2,847.72 | $563.14 | $0.00 | $16.10 | $3,426.96 |
7 | $3,426.96 | $563.14 | $0.00 | $19.38 | $4,009.48 |
8 | $4,009.48 | $563.14 | $0.00 | $22.67 | $4,595.29 |
9 | $4,595.29 | $563.14 | $0.00 | $25.98 | $5,184.41 |
10 | $5,184.41 | $563.14 | $0.00 | $29.31 | $5,776.86 |
11 | $5,776.86 | $563.14 | $0.00 | $32.66 | $6,372.66 |
12 | $6,372.66 | $563.14 | $0.00 | $36.03 | $6,971.83 |
13 | $6,971.83 | $563.14 | $0.00 | $39.42 | $7,574.39 |
14 | $7,574.39 | $563.14 | $0.00 | $42.83 | $8,180.36 |
15 | $8,180.36 | $563.14 | $0.00 | $46.25 | $8,789.75 |
16 | $8,789.75 | $563.14 | $0.00 | $49.70 | $9,402.59 |
17 | $9,402.59 | $563.14 | $0.00 | $53.16 | $10,018.89 |
18 | $10,018.89 | $563.14 | $0.00 | $56.65 | $10,638.68 |
19 | $10,638.68 | $563.14 | $0.00 | $60.15 | $11,261.97 |
20 | $11,261.97 | $563.14 | $0.00 | $63.68 | $11,888.79 |
21 | $11,888.79 | $563.14 | $0.00 | $67.22 | $12,519.15 |
22 | $12,519.15 | $563.14 | $0.00 | $70.79 | $13,153.08 |
23 | $13,153.08 | $563.14 | $0.00 | $74.37 | $13,790.59 |
24 | $13,790.59 | $563.14 | $0.00 | $77.97 | $14,431.70 |
25 | $14,431.70 | $563.14 | $0.00 | $81.60 | $15,076.44 |
26 | $15,076.44 | $563.14 | $0.00 | $85.24 | $15,724.82 |
27 | $15,724.82 | $563.14 | $0.00 | $88.91 | $16,376.87 |
28 | $16,376.87 | $563.14 | $0.00 | $92.60 | $17,032.61 |
29 | $17,032.61 | $563.14 | $0.00 | $96.30 | $17,692.05 |
30 | $17,692.05 | $563.14 | $0.00 | $100.03 | $18,355.22 |
31 | $18,355.22 | $563.14 | $0.00 | $103.78 | $19,022.14 |
32 | $19,022.14 | $563.14 | $0.00 | $107.55 | $19,692.83 |
33 | $19,692.83 | $563.14 | $0.00 | $111.35 | $20,367.32 |
34 | $20,367.32 | $563.14 | $0.00 | $115.16 | $21,045.62 |
35 | $21,045.62 | $563.14 | $0.00 | $118.99 | $21,727.75 |
36 | $21,727.75 | $563.14 | $0.00 | $122.85 | $22,413.74 |
37 | $22,413.74 | $563.14 | $0.00 | $126.73 | $23,103.61 |
38 | $23,103.61 | $563.14 | $0.00 | $130.63 | $23,797.38 |
39 | $23,797.38 | $563.14 | $0.00 | $134.55 | $24,495.07 |
40 | $24,495.07 | $563.14 | $0.00 | $138.50 | $25,196.71 |
41 | $25,196.71 | $563.14 | $0.00 | $142.47 | $25,902.32 |
42 | $25,902.32 | $563.14 | $0.00 | $146.46 | $26,611.92 |
43 | $26,611.92 | $563.14 | $0.00 | $150.47 | $27,325.53 |
44 | $27,325.53 | $563.14 | $0.00 | $154.50 | $28,043.17 |
45 | $28,043.17 | $563.14 | $0.00 | $158.56 | $28,764.87 |
46 | $28,764.87 | $563.14 | $0.00 | $162.64 | $29,490.65 |
47 | $29,490.65 | $563.14 | $0.00 | $166.74 | $30,220.53 |
48 | $30,220.53 | $563.14 | $0.00 | $170.87 | $30,954.54 |
49 | $30,954.54 | $563.14 | $0.00 | $175.02 | $31,692.70 |
50 | $31,692.70 | $563.14 | $0.00 | $179.20 | $32,435.04 |
51 | $32,435.04 | $563.14 | $0.00 | $183.39 | $33,181.57 |
52 | $33,181.57 | $563.14 | $0.00 | $187.61 | $33,932.32 |
53 | $33,932.32 | $563.14 | $0.00 | $191.86 | $34,687.32 |
54 | $34,687.32 | $563.14 | $0.00 | $196.13 | $35,446.59 |
55 | $35,446.59 | $563.14 | $0.00 | $200.42 | $36,210.15 |
56 | $36,210.15 | $563.14 | $0.00 | $204.74 | $36,978.03 |
57 | $36,978.03 | $563.14 | $0.00 | $209.08 | $37,750.25 |
58 | $37,750.25 | $563.14 | $0.00 | $213.45 | $38,526.84 |
59 | $38,526.84 | $563.14 | $0.00 | $217.84 | $39,307.82 |
60 | $39,307.82 | $563.14 | $0.00 | $222.25 | $40,093.21 |
61 | $40,093.21 | $563.14 | $0.00 | $226.69 | $40,883.04 |
62 | $40,883.04 | $563.14 | $0.00 | $231.16 | $41,677.34 |
63 | $41,677.34 | $563.14 | $0.00 | $235.65 | $42,476.13 |
64 | $42,476.13 | $563.14 | $0.00 | $240.17 | $43,279.44 |
65 | $43,279.44 | $563.14 | $0.00 | $244.71 | $44,087.29 |
66 | $44,087.29 | $563.14 | $0.00 | $249.28 | $44,899.71 |
67 | $44,899.71 | $563.14 | $0.00 | $253.87 | $45,716.72 |
68 | $45,716.72 | $563.14 | $0.00 | $258.49 | $46,538.35 |
69 | $46,538.35 | $563.14 | $0.00 | $263.13 | $47,364.62 |
70 | $47,364.62 | $563.14 | $0.00 | $267.81 | $48,195.57 |
71 | $48,195.57 | $563.14 | $0.00 | $272.50 | $49,031.21 |
72 | $49,031.21 | $563.14 | $0.00 | $277.23 | $49,871.58 |
73 | $49,871.58 | $563.14 | $0.00 | $281.98 | $50,716.70 |
74 | $50,716.70 | $563.14 | $0.00 | $286.76 | $51,566.60 |
75 | $51,566.60 | $563.14 | $0.00 | $291.57 | $52,421.31 |
76 | $52,421.31 | $563.14 | $0.00 | $296.40 | $53,280.85 |
77 | $53,280.85 | $563.14 | $0.00 | $301.26 | $54,145.25 |
78 | $54,145.25 | $563.14 | $0.00 | $306.15 | $55,014.54 |
79 | $55,014.54 | $563.14 | $0.00 | $311.06 | $55,888.74 |
80 | $55,888.74 | $563.14 | $0.00 | $316.00 | $56,767.88 |
81 | $56,767.88 | $563.14 | $0.00 | $320.97 | $57,651.99 |
82 | $57,651.99 | $563.14 | $0.00 | $325.97 | $58,541.10 |
83 | $58,541.10 | $563.14 | $0.00 | $331.00 | $59,435.24 |
84 | $59,435.24 | $563.14 | $0.00 | $336.06 | $60,334.44 |
85 | $60,334.44 | $563.14 | $0.00 | $341.14 | $61,238.72 |
86 | $61,238.72 | $563.14 | $0.00 | $346.25 | $62,148.11 |
87 | $62,148.11 | $563.14 | $0.00 | $351.39 | $63,062.64 |
88 | $63,062.64 | $563.14 | $0.00 | $356.57 | $63,982.35 |
89 | $63,982.35 | $563.14 | $0.00 | $361.77 | $64,907.26 |
90 | $64,907.26 | $563.14 | $0.00 | $367.00 | $65,837.40 |
91 | $65,837.40 | $563.14 | $0.00 | $372.25 | $66,772.79 |
92 | $66,772.79 | $563.14 | $0.00 | $377.54 | $67,713.47 |
93 | $67,713.47 | $563.14 | $0.00 | $382.86 | $68,659.47 |
94 | $68,659.47 | $563.14 | $0.00 | $388.21 | $69,610.82 |
95 | $69,610.82 | $563.14 | $0.00 | $393.59 | $70,567.55 |
96 | $70,567.55 | $563.14 | $0.00 | $399.00 | $71,529.69 |
97 | $71,529.69 | $563.14 | $0.00 | $404.44 | $72,497.27 |
98 | $72,497.27 | $563.14 | $0.00 | $409.91 | $73,470.32 |
99 | $73,470.32 | $563.14 | $0.00 | $415.41 | $74,448.87 |
100 | $74,448.87 | $563.14 | $0.00 | $420.94 | $75,432.95 |
101 | $75,432.95 | $563.14 | $0.00 | $426.51 | $76,422.60 |
102 | $76,422.60 | $563.14 | $0.00 | $432.10 | $77,417.84 |
103 | $77,417.84 | $563.14 | $0.00 | $437.73 | $78,418.71 |
104 | $78,418.71 | $563.14 | $0.00 | $443.39 | $79,425.24 |
105 | $79,425.24 | $563.14 | $0.00 | $449.08 | $80,437.46 |
106 | $80,437.46 | $563.14 | $0.00 | $454.81 | $81,455.41 |
107 | $81,455.41 | $563.14 | $0.00 | $460.56 | $82,479.11 |
108 | $82,479.11 | $563.14 | $0.00 | $466.35 | $83,508.60 |
109 | $83,508.60 | $563.14 | $0.00 | $472.17 | $84,543.91 |
110 | $84,543.91 | $563.14 | $0.00 | $478.02 | $85,585.07 |
111 | $85,585.07 | $563.14 | $0.00 | $483.91 | $86,632.12 |
112 | $86,632.12 | $563.14 | $0.00 | $489.83 | $87,685.09 |
113 | $87,685.09 | $563.14 | $0.00 | $495.78 | $88,744.01 |
114 | $88,744.01 | $563.14 | $0.00 | $501.77 | $89,808.92 |
115 | $89,808.92 | $563.14 | $0.00 | $507.79 | $90,879.85 |
116 | $90,879.85 | $563.14 | $0.00 | $513.85 | $91,956.84 |
117 | $91,956.84 | $563.14 | $0.00 | $519.94 | $93,039.92 |
118 | $93,039.92 | $563.14 | $0.00 | $526.06 | $94,129.12 |
119 | $94,129.12 | $563.14 | $0.00 | $532.22 | $95,224.48 |
120 | $95,224.48 | $563.14 | $0.00 | $538.41 | $96,326.03 |
121 | $96,326.03 | $563.14 | $0.00 | $544.64 | $97,433.81 |
122 | $97,433.81 | $563.14 | $0.00 | $550.90 | $98,547.85 |
123 | $98,547.85 | $563.14 | $0.00 | $557.20 | $99,668.19 |
124 | $99,668.19 | $563.14 | $0.00 | $563.54 | $100,794.87 |
125 | $100,794.87 | $563.14 | $0.00 | $569.91 | $101,927.92 |
126 | $101,927.92 | $563.14 | $0.00 | $576.32 | $103,067.38 |
127 | $103,067.38 | $563.14 | $0.00 | $582.76 | $104,213.28 |
128 | $104,213.28 | $563.14 | $0.00 | $589.24 | $105,365.66 |
129 | $105,365.66 | $563.14 | $0.00 | $595.75 | $106,524.55 |
130 | $106,524.55 | $563.14 | $0.00 | $602.31 | $107,690.00 |
131 | $107,690.00 | $563.14 | $0.00 | $608.89 | $108,862.03 |
132 | $108,862.03 | $563.14 | $0.00 | $615.52 | $110,040.69 |
133 | $110,040.69 | $563.14 | $0.00 | $622.19 | $111,226.02 |
134 | $111,226.02 | $563.14 | $0.00 | $628.89 | $112,418.05 |
135 | $112,418.05 | $563.14 | $0.00 | $635.63 | $113,616.82 |
136 | $113,616.82 | $563.14 | $0.00 | $642.41 | $114,822.37 |
137 | $114,822.37 | $563.14 | $0.00 | $649.22 | $116,034.73 |
138 | $116,034.73 | $563.14 | $0.00 | $656.08 | $117,253.95 |
139 | $117,253.95 | $563.14 | $0.00 | $662.97 | $118,480.06 |
140 | $118,480.06 | $563.14 | $0.00 | $669.90 | $119,713.10 |
141 | $119,713.10 | $563.14 | $0.00 | $676.88 | $120,953.12 |
142 | $120,953.12 | $563.14 | $0.00 | $683.89 | $122,200.15 |
143 | $122,200.15 | $563.14 | $0.00 | $690.94 | $123,454.23 |
144 | $123,454.23 | $563.14 | $0.00 | $698.03 | $124,715.40 |
145 | $124,715.40 | $563.14 | $0.00 | $705.16 | $125,983.70 |
146 | $125,983.70 | $563.14 | $0.00 | $712.33 | $127,259.17 |
147 | $127,259.17 | $563.14 | $0.00 | $719.54 | $128,541.85 |
148 | $128,541.85 | $563.14 | $0.00 | $726.79 | $129,831.78 |
149 | $129,831.78 | $563.14 | $0.00 | $734.09 | $131,129.01 |
150 | $131,129.01 | $563.14 | $0.00 | $741.42 | $132,433.57 |
151 | $132,433.57 | $563.14 | $0.00 | $748.80 | $133,745.51 |
152 | $133,745.51 | $563.14 | $0.00 | $756.22 | $135,064.87 |
153 | $135,064.87 | $563.14 | $0.00 | $763.68 | $136,391.69 |
154 | $136,391.69 | $563.14 | $0.00 | $771.18 | $137,726.01 |
155 | $137,726.01 | $563.14 | $0.00 | $778.72 | $139,067.87 |
156 | $139,067.87 | $563.14 | $0.00 | $786.31 | $140,417.32 |
157 | $140,417.32 | $563.14 | $0.00 | $793.94 | $141,774.40 |
158 | $141,774.40 | $563.14 | $0.00 | $801.61 | $143,139.15 |
159 | $143,139.15 | $563.14 | $0.00 | $809.33 | $144,511.62 |
160 | $144,511.62 | $563.14 | $0.00 | $817.09 | $145,891.85 |
161 | $145,891.85 | $563.14 | $0.00 | $824.89 | $147,279.88 |
162 | $147,279.88 | $563.14 | $0.00 | $832.74 | $148,675.76 |
163 | $148,675.76 | $563.14 | $0.00 | $840.63 | $150,079.53 |
164 | $150,079.53 | $563.14 | $0.00 | $848.57 | $151,491.24 |
165 | $151,491.24 | $563.14 | $0.00 | $856.55 | $152,910.93 |
166 | $152,910.93 | $563.14 | $0.00 | $864.58 | $154,338.65 |
167 | $154,338.65 | $563.14 | $0.00 | $872.65 | $155,774.44 |
168 | $155,774.44 | $563.14 | $0.00 | $880.77 | $157,218.35 |
169 | $157,218.35 | $563.14 | $0.00 | $888.94 | $158,670.43 |
170 | $158,670.43 | $563.14 | $0.00 | $897.15 | $160,130.72 |
171 | $160,130.72 | $563.14 | $0.00 | $905.40 | $161,599.26 |
172 | $161,599.26 | $563.14 | $0.00 | $913.71 | $163,076.11 |
173 | $163,076.11 | $563.14 | $0.00 | $922.06 | $164,561.31 |
174 | $164,561.31 | $563.14 | $0.00 | $930.45 | $166,054.90 |
175 | $166,054.90 | $563.14 | $0.00 | $938.90 | $167,556.94 |
176 | $167,556.94 | $563.14 | $0.00 | $947.39 | $169,067.47 |
177 | $169,067.47 | $563.14 | $0.00 | $955.93 | $170,586.54 |
178 | $170,586.54 | $563.14 | $0.00 | $964.52 | $172,114.20 |
179 | $172,114.20 | $563.14 | $0.00 | $973.16 | $173,650.50 |
180 | $173,650.50 | $563.14 | $0.00 | $981.85 | $175,195.49 |
181 | $175,195.49 | $563.14 | $0.00 | $990.58 | $176,749.21 |
182 | $176,749.21 | $563.14 | $0.00 | $999.37 | $178,311.72 |
183 | $178,311.72 | $563.14 | $0.00 | $1,008.20 | $179,883.06 |
184 | $179,883.06 | $563.14 | $0.00 | $1,017.08 | $181,463.28 |
185 | $181,463.28 | $563.14 | $0.00 | $1,026.02 | $183,052.44 |
186 | $183,052.44 | $563.14 | $0.00 | $1,035.01 | $184,650.59 |
187 | $184,650.59 | $563.14 | $0.00 | $1,044.04 | $186,257.77 |
188 | $186,257.77 | $563.14 | $0.00 | $1,053.13 | $187,874.04 |
189 | $187,874.04 | $563.14 | $0.00 | $1,062.27 | $189,499.45 |
190 | $189,499.45 | $563.14 | $0.00 | $1,071.46 | $191,134.05 |
191 | $191,134.05 | $563.14 | $0.00 | $1,080.70 | $192,777.89 |
192 | $192,777.89 | $563.14 | $0.00 | $1,089.99 | $194,431.02 |
193 | $194,431.02 | $563.14 | $0.00 | $1,099.34 | $196,093.50 |
194 | $196,093.50 | $563.14 | $0.00 | $1,108.74 | $197,765.38 |
195 | $197,765.38 | $563.14 | $0.00 | $1,118.19 | $199,446.71 |
196 | $199,446.71 | $563.14 | $0.00 | $1,127.70 | $201,137.55 |
197 | $201,137.55 | $563.14 | $0.00 | $1,137.26 | $202,837.95 |
198 | $202,837.95 | $563.14 | $0.00 | $1,146.88 | $204,547.97 |
199 | $204,547.97 | $563.14 | $0.00 | $1,156.54 | $206,267.65 |
200 | $206,267.65 | $563.14 | $0.00 | $1,166.27 | $207,997.06 |
201 | $207,997.06 | $563.14 | $0.00 | $1,176.05 | $209,736.25 |
202 | $209,736.25 | $563.14 | $0.00 | $1,185.88 | $211,485.27 |
203 | $211,485.27 | $563.14 | $0.00 | $1,195.77 | $213,244.18 |
204 | $213,244.18 | $563.14 | $0.00 | $1,205.71 | $215,013.03 |
205 | $215,013.03 | $563.14 | $0.00 | $1,215.71 | $216,791.88 |
206 | $216,791.88 | $563.14 | $0.00 | $1,225.77 | $218,580.79 |
207 | $218,580.79 | $563.14 | $0.00 | $1,235.89 | $220,379.82 |
208 | $220,379.82 | $563.14 | $0.00 | $1,246.06 | $222,189.02 |
209 | $222,189.02 | $563.14 | $0.00 | $1,256.29 | $224,008.45 |
210 | $224,008.45 | $563.14 | $0.00 | $1,266.58 | $225,838.17 |
211 | $225,838.17 | $563.14 | $0.00 | $1,276.92 | $227,678.23 |
212 | $227,678.23 | $563.14 | $0.00 | $1,287.33 | $229,528.70 |
213 | $229,528.70 | $563.14 | $0.00 | $1,297.79 | $231,389.63 |
214 | $231,389.63 | $563.14 | $0.00 | $1,308.31 | $233,261.08 |
215 | $233,261.08 | $563.14 | $0.00 | $1,318.89 | $235,143.11 |
216 | $235,143.11 | $563.14 | $0.00 | $1,329.53 | $237,035.78 |
217 | $237,035.78 | $563.14 | $66,023.19 | $1,340.23 | $172,915.96 |
218 | $172,915.96 | $563.14 | $0.00 | $977.69 | $174,456.79 |
219 | $174,456.79 | $563.14 | $0.00 | $986.40 | $176,006.33 |
220 | $176,006.33 | $563.14 | $0.00 | $995.17 | $177,564.64 |
221 | $177,564.64 | $563.14 | $0.00 | $1,003.98 | $179,131.76 |
222 | $179,131.76 | $563.14 | $0.00 | $1,012.84 | $180,707.74 |
223 | $180,707.74 | $563.14 | $0.00 | $1,021.75 | $182,292.63 |
224 | $182,292.63 | $563.14 | $0.00 | $1,030.71 | $183,886.48 |
225 | $183,886.48 | $563.14 | $0.00 | $1,039.72 | $185,489.34 |
226 | $185,489.34 | $563.14 | $0.00 | $1,048.78 | $187,101.26 |
227 | $187,101.26 | $563.14 | $0.00 | $1,057.90 | $188,722.30 |
228 | $188,722.30 | $563.14 | $0.00 | $1,067.06 | $190,352.50 |
229 | $190,352.50 | $563.14 | $69,324.35 | $1,076.28 | $122,667.57 |
230 | $122,667.57 | $563.14 | $0.00 | $693.58 | $123,924.29 |
231 | $123,924.29 | $563.14 | $0.00 | $700.69 | $125,188.12 |
232 | $125,188.12 | $563.14 | $0.00 | $707.83 | $126,459.09 |
233 | $126,459.09 | $563.14 | $0.00 | $715.02 | $127,737.25 |
234 | $127,737.25 | $563.14 | $0.00 | $722.24 | $129,022.63 |
235 | $129,022.63 | $563.14 | $0.00 | $729.51 | $130,315.28 |
236 | $130,315.28 | $563.14 | $0.00 | $736.82 | $131,615.24 |
237 | $131,615.24 | $563.14 | $0.00 | $744.17 | $132,922.55 |
238 | $132,922.55 | $563.14 | $0.00 | $751.56 | $134,237.25 |
239 | $134,237.25 | $563.14 | $0.00 | $759.00 | $135,559.39 |
240 | $135,559.39 | $563.14 | $0.00 | $766.47 | $136,889.00 |
241 | $136,889.00 | $563.14 | $72,790.57 | $773.99 | $65,435.56 |
242 | $65,435.56 | $563.14 | $0.00 | $369.98 | $66,368.68 |
243 | $66,368.68 | $563.14 | $0.00 | $375.26 | $67,307.08 |
244 | $67,307.08 | $563.14 | $0.00 | $380.56 | $68,250.78 |
245 | $68,250.78 | $563.14 | $0.00 | $385.90 | $69,199.82 |
246 | $69,199.82 | $563.14 | $0.00 | $391.27 | $70,154.23 |
247 | $70,154.23 | $563.14 | $0.00 | $396.66 | $71,114.03 |
248 | $71,114.03 | $563.14 | $0.00 | $402.09 | $72,079.26 |
249 | $72,079.26 | $563.14 | $0.00 | $407.55 | $73,049.95 |
250 | $73,049.95 | $563.14 | $0.00 | $413.04 | $74,026.13 |
251 | $74,026.13 | $563.14 | $0.00 | $418.55 | $75,007.82 |
252 | $75,007.82 | $563.14 | $0.00 | $424.11 | $75,995.07 |
253 | $75,995.07 | $0.00 | $76,430.10 | $429.69 | ($5.34) |