Savings Plan and Future Cost Estimation for University of New Hampshire Main Campus

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2040$90,321
Monthly savings required$715

How much will it cost to send your child to University of New Hampshire Main Campus in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $361,285.66 for students enrolling in 2040 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $714.97 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.

Assumptions

Current Annual Cost$34,830.00
Years until enrollment18
Annual Tuition Increase5%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

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Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $714.97 $0.00 $0.00 $714.97
2 $714.97 $714.97 $0.00 $4.04 $1,433.98
3 $1,433.98 $714.97 $0.00 $8.11 $2,157.06
4 $2,157.06 $714.97 $0.00 $12.20 $2,884.23
5 $2,884.23 $714.97 $0.00 $16.31 $3,615.51
6 $3,615.51 $714.97 $0.00 $20.44 $4,350.92
7 $4,350.92 $714.97 $0.00 $24.60 $5,090.49
8 $5,090.49 $714.97 $0.00 $28.78 $5,834.24
9 $5,834.24 $714.97 $0.00 $32.99 $6,582.20
10 $6,582.20 $714.97 $0.00 $37.22 $7,334.39
11 $7,334.39 $714.97 $0.00 $41.47 $8,090.83
12 $8,090.83 $714.97 $0.00 $45.75 $8,851.55
13 $8,851.55 $714.97 $0.00 $50.05 $9,616.57
14 $9,616.57 $714.97 $0.00 $54.37 $10,385.91
15 $10,385.91 $714.97 $0.00 $58.72 $11,159.60
16 $11,159.60 $714.97 $0.00 $63.10 $11,937.67
17 $11,937.67 $714.97 $0.00 $67.50 $12,720.14
18 $12,720.14 $714.97 $0.00 $71.92 $13,507.03
19 $13,507.03 $714.97 $0.00 $76.37 $14,298.37
20 $14,298.37 $714.97 $0.00 $80.85 $15,094.19
21 $15,094.19 $714.97 $0.00 $85.34 $15,894.50
22 $15,894.50 $714.97 $0.00 $89.87 $16,699.34
23 $16,699.34 $714.97 $0.00 $94.42 $17,508.73
24 $17,508.73 $714.97 $0.00 $99.00 $18,322.70
25 $18,322.70 $714.97 $0.00 $103.60 $19,141.27
26 $19,141.27 $714.97 $0.00 $108.23 $19,964.47
27 $19,964.47 $714.97 $0.00 $112.88 $20,792.32
28 $20,792.32 $714.97 $0.00 $117.56 $21,624.85
29 $21,624.85 $714.97 $0.00 $122.27 $22,462.09
30 $22,462.09 $714.97 $0.00 $127.00 $23,304.06
31 $23,304.06 $714.97 $0.00 $131.76 $24,150.79
32 $24,150.79 $714.97 $0.00 $136.55 $25,002.31
33 $25,002.31 $714.97 $0.00 $141.37 $25,858.65
34 $25,858.65 $714.97 $0.00 $146.21 $26,719.83
35 $26,719.83 $714.97 $0.00 $151.08 $27,585.88
36 $27,585.88 $714.97 $0.00 $155.97 $28,456.82
37 $28,456.82 $714.97 $0.00 $160.90 $29,332.69
38 $29,332.69 $714.97 $0.00 $165.85 $30,213.51
39 $30,213.51 $714.97 $0.00 $170.83 $31,099.31
40 $31,099.31 $714.97 $0.00 $175.84 $31,990.12
41 $31,990.12 $714.97 $0.00 $180.88 $32,885.97
42 $32,885.97 $714.97 $0.00 $185.94 $33,786.88
43 $33,786.88 $714.97 $0.00 $191.04 $34,692.89
44 $34,692.89 $714.97 $0.00 $196.16 $35,604.02
45 $35,604.02 $714.97 $0.00 $201.31 $36,520.30
46 $36,520.30 $714.97 $0.00 $206.49 $37,441.76
47 $37,441.76 $714.97 $0.00 $211.70 $38,368.43
48 $38,368.43 $714.97 $0.00 $216.94 $39,300.34
49 $39,300.34 $714.97 $0.00 $222.21 $40,237.52
50 $40,237.52 $714.97 $0.00 $227.51 $41,180.00
51 $41,180.00 $714.97 $0.00 $232.84 $42,127.81
52 $42,127.81 $714.97 $0.00 $238.20 $43,080.98
53 $43,080.98 $714.97 $0.00 $243.59 $44,039.54
54 $44,039.54 $714.97 $0.00 $249.01 $45,003.52
55 $45,003.52 $714.97 $0.00 $254.46 $45,972.95
56 $45,972.95 $714.97 $0.00 $259.94 $46,947.86
57 $46,947.86 $714.97 $0.00 $265.45 $47,928.28
58 $47,928.28 $714.97 $0.00 $270.99 $48,914.24
59 $48,914.24 $714.97 $0.00 $276.57 $49,905.78
60 $49,905.78 $714.97 $0.00 $282.17 $50,902.92
61 $50,902.92 $714.97 $0.00 $287.81 $51,905.70
62 $51,905.70 $714.97 $0.00 $293.48 $52,914.15
63 $52,914.15 $714.97 $0.00 $299.18 $53,928.30
64 $53,928.30 $714.97 $0.00 $304.92 $54,948.19
65 $54,948.19 $714.97 $0.00 $310.69 $55,973.85
66 $55,973.85 $714.97 $0.00 $316.48 $57,005.30
67 $57,005.30 $714.97 $0.00 $322.32 $58,042.59
68 $58,042.59 $714.97 $0.00 $328.18 $59,085.74
69 $59,085.74 $714.97 $0.00 $334.08 $60,134.79
70 $60,134.79 $714.97 $0.00 $340.01 $61,189.77
71 $61,189.77 $714.97 $0.00 $345.98 $62,250.72
72 $62,250.72 $714.97 $0.00 $351.97 $63,317.66
73 $63,317.66 $714.97 $0.00 $358.01 $64,390.64
74 $64,390.64 $714.97 $0.00 $364.07 $65,469.68
75 $65,469.68 $714.97 $0.00 $370.18 $66,554.83
76 $66,554.83 $714.97 $0.00 $376.31 $67,646.11
77 $67,646.11 $714.97 $0.00 $382.48 $68,743.56
78 $68,743.56 $714.97 $0.00 $388.69 $69,847.22
79 $69,847.22 $714.97 $0.00 $394.93 $70,957.12
80 $70,957.12 $714.97 $0.00 $401.20 $72,073.29
81 $72,073.29 $714.97 $0.00 $407.51 $73,195.77
82 $73,195.77 $714.97 $0.00 $413.86 $74,324.60
83 $74,324.60 $714.97 $0.00 $420.24 $75,459.81
84 $75,459.81 $714.97 $0.00 $426.66 $76,601.44
85 $76,601.44 $714.97 $0.00 $433.12 $77,749.53
86 $77,749.53 $714.97 $0.00 $439.61 $78,904.11
87 $78,904.11 $714.97 $0.00 $446.14 $80,065.22
88 $80,065.22 $714.97 $0.00 $452.70 $81,232.89
89 $81,232.89 $714.97 $0.00 $459.30 $82,407.16
90 $82,407.16 $714.97 $0.00 $465.94 $83,588.07
91 $83,588.07 $714.97 $0.00 $472.62 $84,775.66
92 $84,775.66 $714.97 $0.00 $479.33 $85,969.96
93 $85,969.96 $714.97 $0.00 $486.09 $87,171.02
94 $87,171.02 $714.97 $0.00 $492.88 $88,378.87
95 $88,378.87 $714.97 $0.00 $499.71 $89,593.55
96 $89,593.55 $714.97 $0.00 $506.57 $90,815.09
97 $90,815.09 $714.97 $0.00 $513.48 $92,043.54
98 $92,043.54 $714.97 $0.00 $520.43 $93,278.94
99 $93,278.94 $714.97 $0.00 $527.41 $94,521.32
100 $94,521.32 $714.97 $0.00 $534.44 $95,770.73
101 $95,770.73 $714.97 $0.00 $541.50 $97,027.20
102 $97,027.20 $714.97 $0.00 $548.61 $98,290.78
103 $98,290.78 $714.97 $0.00 $555.75 $99,561.50
104 $99,561.50 $714.97 $0.00 $562.94 $100,839.41
105 $100,839.41 $714.97 $0.00 $570.16 $102,124.54
106 $102,124.54 $714.97 $0.00 $577.43 $103,416.94
107 $103,416.94 $714.97 $0.00 $584.73 $104,716.64
108 $104,716.64 $714.97 $0.00 $592.08 $106,023.69
109 $106,023.69 $714.97 $0.00 $599.47 $107,338.13
110 $107,338.13 $714.97 $0.00 $606.91 $108,660.01
111 $108,660.01 $714.97 $0.00 $614.38 $109,989.36
112 $109,989.36 $714.97 $0.00 $621.90 $111,326.23
113 $111,326.23 $714.97 $0.00 $629.45 $112,670.65
114 $112,670.65 $714.97 $0.00 $637.06 $114,022.68
115 $114,022.68 $714.97 $0.00 $644.70 $115,382.35
116 $115,382.35 $714.97 $0.00 $652.39 $116,749.71
117 $116,749.71 $714.97 $0.00 $660.12 $118,124.80
118 $118,124.80 $714.97 $0.00 $667.89 $119,507.66
119 $119,507.66 $714.97 $0.00 $675.71 $120,898.34
120 $120,898.34 $714.97 $0.00 $683.58 $122,296.89
121 $122,296.89 $714.97 $0.00 $691.48 $123,703.34
122 $123,703.34 $714.97 $0.00 $699.44 $125,117.75
123 $125,117.75 $714.97 $0.00 $707.43 $126,540.15
124 $126,540.15 $714.97 $0.00 $715.48 $127,970.60
125 $127,970.60 $714.97 $0.00 $723.56 $129,409.13
126 $129,409.13 $714.97 $0.00 $731.70 $130,855.80
127 $130,855.80 $714.97 $0.00 $739.88 $132,310.65
128 $132,310.65 $714.97 $0.00 $748.10 $133,773.72
129 $133,773.72 $714.97 $0.00 $756.38 $135,245.07
130 $135,245.07 $714.97 $0.00 $764.70 $136,724.74
131 $136,724.74 $714.97 $0.00 $773.06 $138,212.77
132 $138,212.77 $714.97 $0.00 $781.48 $139,709.22
133 $139,709.22 $714.97 $0.00 $789.94 $141,214.13
134 $141,214.13 $714.97 $0.00 $798.45 $142,727.55
135 $142,727.55 $714.97 $0.00 $807.00 $144,249.52
136 $144,249.52 $714.97 $0.00 $815.61 $145,780.10
137 $145,780.10 $714.97 $0.00 $824.26 $147,319.33
138 $147,319.33 $714.97 $0.00 $832.96 $148,867.26
139 $148,867.26 $714.97 $0.00 $841.72 $150,423.95
140 $150,423.95 $714.97 $0.00 $850.52 $151,989.44
141 $151,989.44 $714.97 $0.00 $859.37 $153,563.78
142 $153,563.78 $714.97 $0.00 $868.27 $155,147.02
143 $155,147.02 $714.97 $0.00 $877.22 $156,739.21
144 $156,739.21 $714.97 $0.00 $886.23 $158,340.41
145 $158,340.41 $714.97 $0.00 $895.28 $159,950.66
146 $159,950.66 $714.97 $0.00 $904.38 $161,570.01
147 $161,570.01 $714.97 $0.00 $913.54 $163,198.52
148 $163,198.52 $714.97 $0.00 $922.75 $164,836.24
149 $164,836.24 $714.97 $0.00 $932.01 $166,483.22
150 $166,483.22 $714.97 $0.00 $941.32 $168,139.51
151 $168,139.51 $714.97 $0.00 $950.69 $169,805.17
152 $169,805.17 $714.97 $0.00 $960.10 $171,480.24
153 $171,480.24 $714.97 $0.00 $969.57 $173,164.78
154 $173,164.78 $714.97 $0.00 $979.10 $174,858.85
155 $174,858.85 $714.97 $0.00 $988.68 $176,562.50
156 $176,562.50 $714.97 $0.00 $998.31 $178,275.78
157 $178,275.78 $714.97 $0.00 $1,008.00 $179,998.75
158 $179,998.75 $714.97 $0.00 $1,017.74 $181,731.46
159 $181,731.46 $714.97 $0.00 $1,027.54 $183,473.97
160 $183,473.97 $714.97 $0.00 $1,037.39 $185,226.33
161 $185,226.33 $714.97 $0.00 $1,047.30 $186,988.60
162 $186,988.60 $714.97 $0.00 $1,057.26 $188,760.83
163 $188,760.83 $714.97 $0.00 $1,067.28 $190,543.08
164 $190,543.08 $714.97 $0.00 $1,077.36 $192,335.41
165 $192,335.41 $714.97 $0.00 $1,087.49 $194,137.87
166 $194,137.87 $714.97 $0.00 $1,097.68 $195,950.52
167 $195,950.52 $714.97 $0.00 $1,107.93 $197,773.42
168 $197,773.42 $714.97 $0.00 $1,118.24 $199,606.63
169 $199,606.63 $714.97 $0.00 $1,128.60 $201,450.20
170 $201,450.20 $714.97 $0.00 $1,139.03 $203,304.20
171 $203,304.20 $714.97 $0.00 $1,149.51 $205,168.68
172 $205,168.68 $714.97 $0.00 $1,160.05 $207,043.70
173 $207,043.70 $714.97 $0.00 $1,170.66 $208,929.33
174 $208,929.33 $714.97 $0.00 $1,181.32 $210,825.62
175 $210,825.62 $714.97 $0.00 $1,192.04 $212,732.63
176 $212,732.63 $714.97 $0.00 $1,202.82 $214,650.42
177 $214,650.42 $714.97 $0.00 $1,213.66 $216,579.05
178 $216,579.05 $714.97 $0.00 $1,224.57 $218,518.59
179 $218,518.59 $714.97 $0.00 $1,235.54 $220,469.10
180 $220,469.10 $714.97 $0.00 $1,246.56 $222,430.63
181 $222,430.63 $714.97 $0.00 $1,257.66 $224,403.26
182 $224,403.26 $714.97 $0.00 $1,268.81 $226,387.04
183 $226,387.04 $714.97 $0.00 $1,280.03 $228,382.04
184 $228,382.04 $714.97 $0.00 $1,291.31 $230,388.32
185 $230,388.32 $714.97 $0.00 $1,302.65 $232,405.94
186 $232,405.94 $714.97 $0.00 $1,314.06 $234,434.97
187 $234,434.97 $714.97 $0.00 $1,325.53 $236,475.47
188 $236,475.47 $714.97 $0.00 $1,337.07 $238,527.51
189 $238,527.51 $714.97 $0.00 $1,348.67 $240,591.15
190 $240,591.15 $714.97 $0.00 $1,360.34 $242,666.46
191 $242,666.46 $714.97 $0.00 $1,372.07 $244,753.50
192 $244,753.50 $714.97 $0.00 $1,383.87 $246,852.34
193 $246,852.34 $714.97 $0.00 $1,395.74 $248,963.05
194 $248,963.05 $714.97 $0.00 $1,407.67 $251,085.69
195 $251,085.69 $714.97 $0.00 $1,419.67 $253,220.33
196 $253,220.33 $714.97 $0.00 $1,431.74 $255,367.04
197 $255,367.04 $714.97 $0.00 $1,443.88 $257,525.89
198 $257,525.89 $714.97 $0.00 $1,456.09 $259,696.95
199 $259,696.95 $714.97 $0.00 $1,468.36 $261,880.28
200 $261,880.28 $714.97 $0.00 $1,480.71 $264,075.96
201 $264,075.96 $714.97 $0.00 $1,493.12 $266,284.05
202 $266,284.05 $714.97 $0.00 $1,505.61 $268,504.63
203 $268,504.63 $714.97 $0.00 $1,518.16 $270,737.76
204 $270,737.76 $714.97 $0.00 $1,530.79 $272,983.52
205 $272,983.52 $714.97 $0.00 $1,543.49 $275,241.98
206 $275,241.98 $714.97 $0.00 $1,556.26 $277,513.21
207 $277,513.21 $714.97 $0.00 $1,569.10 $279,797.28
208 $279,797.28 $714.97 $0.00 $1,582.01 $282,094.26
209 $282,094.26 $714.97 $0.00 $1,595.00 $284,404.23
210 $284,404.23 $714.97 $0.00 $1,608.06 $286,727.26
211 $286,727.26 $714.97 $0.00 $1,621.20 $289,063.43
212 $289,063.43 $714.97 $0.00 $1,634.41 $291,412.81
213 $291,412.81 $714.97 $0.00 $1,647.69 $293,775.47
214 $293,775.47 $714.97 $0.00 $1,661.05 $296,151.49
215 $296,151.49 $714.97 $0.00 $1,674.48 $298,540.94
216 $298,540.94 $714.97 $0.00 $1,687.99 $300,943.90
217 $300,943.90 $714.97 $83,822.55 $1,701.58 $219,537.90
218 $219,537.90 $714.97 $0.00 $1,241.30 $221,494.17
219 $221,494.17 $714.97 $0.00 $1,252.36 $223,461.50
220 $223,461.50 $714.97 $0.00 $1,263.48 $225,439.95
221 $225,439.95 $714.97 $0.00 $1,274.67 $227,429.59
222 $227,429.59 $714.97 $0.00 $1,285.92 $229,430.48
223 $229,430.48 $714.97 $0.00 $1,297.23 $231,442.68
224 $231,442.68 $714.97 $0.00 $1,308.61 $233,466.26
225 $233,466.26 $714.97 $0.00 $1,320.05 $235,501.28
226 $235,501.28 $714.97 $0.00 $1,331.56 $237,547.81
227 $237,547.81 $714.97 $0.00 $1,343.13 $239,605.91
228 $239,605.91 $714.97 $0.00 $1,354.77 $241,675.65
229 $241,675.65 $714.97 $88,013.68 $1,366.47 $155,743.41
230 $155,743.41 $714.97 $0.00 $880.60 $157,338.98
231 $157,338.98 $714.97 $0.00 $889.62 $158,943.57
232 $158,943.57 $714.97 $0.00 $898.69 $160,557.23
233 $160,557.23 $714.97 $0.00 $907.81 $162,180.01
234 $162,180.01 $714.97 $0.00 $916.99 $163,811.97
235 $163,811.97 $714.97 $0.00 $926.22 $165,453.16
236 $165,453.16 $714.97 $0.00 $935.50 $167,103.63
237 $167,103.63 $714.97 $0.00 $944.83 $168,763.43
238 $168,763.43 $714.97 $0.00 $954.21 $170,432.61
239 $170,432.61 $714.97 $0.00 $963.65 $172,111.23
240 $172,111.23 $714.97 $0.00 $973.14 $173,799.34
241 $173,799.34 $714.97 $92,414.36 $982.69 $83,082.64
242 $83,082.64 $714.97 $0.00 $469.76 $84,267.37
243 $84,267.37 $714.97 $0.00 $476.46 $85,458.80
244 $85,458.80 $714.97 $0.00 $483.20 $86,656.97
245 $86,656.97 $714.97 $0.00 $489.97 $87,861.91
246 $87,861.91 $714.97 $0.00 $496.78 $89,073.66
247 $89,073.66 $714.97 $0.00 $503.64 $90,292.27
248 $90,292.27 $714.97 $0.00 $510.53 $91,517.77
249 $91,517.77 $714.97 $0.00 $517.45 $92,750.19
250 $92,750.19 $714.97 $0.00 $524.42 $93,989.58
251 $93,989.58 $714.97 $0.00 $531.43 $95,235.98
252 $95,235.98 $714.97 $0.00 $538.48 $96,489.43
253 $96,489.43 $0.00 $97,035.08 $545.57 ($0.08)