Savings Plan and Future Cost Estimation for Fordham University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$313,888
Monthly savings required$2,481

How much will it cost to send your child to Fordham University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $1,255,551.12 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $2,480.72 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$83,666.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford Fordham University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $2,480.72 $0.00 $0.00 $2,480.72
2 $2,480.72 $2,480.72 $0.00 $14.03 $4,975.47
3 $4,975.47 $2,480.72 $0.00 $28.13 $7,484.32
4 $7,484.32 $2,480.72 $0.00 $42.32 $10,007.36
5 $10,007.36 $2,480.72 $0.00 $56.58 $12,544.66
6 $12,544.66 $2,480.72 $0.00 $70.93 $15,096.31
7 $15,096.31 $2,480.72 $0.00 $85.36 $17,662.39
8 $17,662.39 $2,480.72 $0.00 $99.87 $20,242.98
9 $20,242.98 $2,480.72 $0.00 $114.46 $22,838.16
10 $22,838.16 $2,480.72 $0.00 $129.13 $25,448.01
11 $25,448.01 $2,480.72 $0.00 $143.89 $28,072.62
12 $28,072.62 $2,480.72 $0.00 $158.73 $30,712.07
13 $30,712.07 $2,480.72 $0.00 $173.65 $33,366.44
14 $33,366.44 $2,480.72 $0.00 $188.66 $36,035.82
15 $36,035.82 $2,480.72 $0.00 $203.75 $38,720.29
16 $38,720.29 $2,480.72 $0.00 $218.93 $41,419.94
17 $41,419.94 $2,480.72 $0.00 $234.19 $44,134.85
18 $44,134.85 $2,480.72 $0.00 $249.54 $46,865.11
19 $46,865.11 $2,480.72 $0.00 $264.98 $49,610.81
20 $49,610.81 $2,480.72 $0.00 $280.51 $52,372.04
21 $52,372.04 $2,480.72 $0.00 $296.12 $55,148.88
22 $55,148.88 $2,480.72 $0.00 $311.82 $57,941.42
23 $57,941.42 $2,480.72 $0.00 $327.61 $60,749.75
24 $60,749.75 $2,480.72 $0.00 $343.49 $63,573.96
25 $63,573.96 $2,480.72 $0.00 $359.46 $66,414.14
26 $66,414.14 $2,480.72 $0.00 $375.52 $69,270.38
27 $69,270.38 $2,480.72 $0.00 $391.66 $72,142.76
28 $72,142.76 $2,480.72 $0.00 $407.91 $75,031.39
29 $75,031.39 $2,480.72 $0.00 $424.24 $77,936.35
30 $77,936.35 $2,480.72 $0.00 $440.66 $80,857.73
31 $80,857.73 $2,480.72 $0.00 $457.18 $83,795.63
32 $83,795.63 $2,480.72 $0.00 $473.79 $86,750.14
33 $86,750.14 $2,480.72 $0.00 $490.50 $89,721.36
34 $89,721.36 $2,480.72 $0.00 $507.30 $92,709.38
35 $92,709.38 $2,480.72 $0.00 $524.19 $95,714.29
36 $95,714.29 $2,480.72 $0.00 $541.18 $98,736.19
37 $98,736.19 $2,480.72 $0.00 $558.27 $101,775.18
38 $101,775.18 $2,480.72 $0.00 $575.45 $104,831.35
39 $104,831.35 $2,480.72 $0.00 $592.73 $107,904.80
40 $107,904.80 $2,480.72 $0.00 $610.11 $110,995.63
41 $110,995.63 $2,480.72 $0.00 $627.59 $114,103.94
42 $114,103.94 $2,480.72 $0.00 $645.16 $117,229.82
43 $117,229.82 $2,480.72 $0.00 $662.83 $120,373.37
44 $120,373.37 $2,480.72 $0.00 $680.61 $123,534.70
45 $123,534.70 $2,480.72 $0.00 $698.48 $126,713.90
46 $126,713.90 $2,480.72 $0.00 $716.46 $129,911.08
47 $129,911.08 $2,480.72 $0.00 $734.54 $133,126.34
48 $133,126.34 $2,480.72 $0.00 $752.72 $136,359.78
49 $136,359.78 $2,480.72 $0.00 $771.00 $139,611.50
50 $139,611.50 $2,480.72 $0.00 $789.38 $142,881.60
51 $142,881.60 $2,480.72 $0.00 $807.87 $146,170.19
52 $146,170.19 $2,480.72 $0.00 $826.47 $149,477.38
53 $149,477.38 $2,480.72 $0.00 $845.17 $152,803.27
54 $152,803.27 $2,480.72 $0.00 $863.97 $156,147.96
55 $156,147.96 $2,480.72 $0.00 $882.88 $159,511.56
56 $159,511.56 $2,480.72 $0.00 $901.90 $162,894.18
57 $162,894.18 $2,480.72 $0.00 $921.03 $166,295.93
58 $166,295.93 $2,480.72 $0.00 $940.26 $169,716.91
59 $169,716.91 $2,480.72 $0.00 $959.60 $173,157.23
60 $173,157.23 $2,480.72 $0.00 $979.06 $176,617.01
61 $176,617.01 $2,480.72 $0.00 $998.62 $180,096.35
62 $180,096.35 $2,480.72 $0.00 $1,018.29 $183,595.36
63 $183,595.36 $2,480.72 $0.00 $1,038.07 $187,114.15
64 $187,114.15 $2,480.72 $0.00 $1,057.97 $190,652.84
65 $190,652.84 $2,480.72 $0.00 $1,077.98 $194,211.54
66 $194,211.54 $2,480.72 $0.00 $1,098.10 $197,790.36
67 $197,790.36 $2,480.72 $0.00 $1,118.34 $201,389.42
68 $201,389.42 $2,480.72 $0.00 $1,138.69 $205,008.83
69 $205,008.83 $2,480.72 $0.00 $1,159.15 $208,648.70
70 $208,648.70 $2,480.72 $0.00 $1,179.73 $212,309.15
71 $212,309.15 $2,480.72 $0.00 $1,200.43 $215,990.30
72 $215,990.30 $2,480.72 $0.00 $1,221.24 $219,692.26
73 $219,692.26 $2,480.72 $0.00 $1,242.17 $223,415.15
74 $223,415.15 $2,480.72 $0.00 $1,263.22 $227,159.09
75 $227,159.09 $2,480.72 $0.00 $1,284.39 $230,924.20
76 $230,924.20 $2,480.72 $0.00 $1,305.68 $234,710.60
77 $234,710.60 $2,480.72 $0.00 $1,327.09 $238,518.41
78 $238,518.41 $2,480.72 $0.00 $1,348.62 $242,347.75
79 $242,347.75 $2,480.72 $0.00 $1,370.27 $246,198.74
80 $246,198.74 $2,480.72 $0.00 $1,392.04 $250,071.50
81 $250,071.50 $2,480.72 $0.00 $1,413.94 $253,966.16
82 $253,966.16 $2,480.72 $0.00 $1,435.96 $257,882.84
83 $257,882.84 $2,480.72 $0.00 $1,458.11 $261,821.67
84 $261,821.67 $2,480.72 $0.00 $1,480.38 $265,782.77
85 $265,782.77 $2,480.72 $0.00 $1,502.77 $269,766.26
86 $269,766.26 $2,480.72 $0.00 $1,525.30 $273,772.28
87 $273,772.28 $2,480.72 $0.00 $1,547.95 $277,800.95
88 $277,800.95 $2,480.72 $0.00 $1,570.73 $281,852.40
89 $281,852.40 $2,480.72 $0.00 $1,593.63 $285,926.75
90 $285,926.75 $2,480.72 $0.00 $1,616.67 $290,024.14
91 $290,024.14 $2,480.72 $0.00 $1,639.84 $294,144.70
92 $294,144.70 $2,480.72 $0.00 $1,663.14 $298,288.56
93 $298,288.56 $2,480.72 $0.00 $1,686.57 $302,455.85
94 $302,455.85 $2,480.72 $0.00 $1,710.13 $306,646.70
95 $306,646.70 $2,480.72 $0.00 $1,733.83 $310,861.25
96 $310,861.25 $2,480.72 $0.00 $1,757.65 $315,099.62
97 $315,099.62 $2,480.72 $0.00 $1,781.62 $319,361.96
98 $319,361.96 $2,480.72 $0.00 $1,805.72 $323,648.40
99 $323,648.40 $2,480.72 $0.00 $1,829.96 $327,959.08
100 $327,959.08 $2,480.72 $0.00 $1,854.33 $332,294.13
101 $332,294.13 $2,480.72 $0.00 $1,878.84 $336,653.69
102 $336,653.69 $2,480.72 $0.00 $1,903.49 $341,037.90
103 $341,037.90 $2,480.72 $0.00 $1,928.28 $345,446.90
104 $345,446.90 $2,480.72 $0.00 $1,953.21 $349,880.83
105 $349,880.83 $2,480.72 $0.00 $1,978.28 $354,339.83
106 $354,339.83 $2,480.72 $0.00 $2,003.49 $358,824.04
107 $358,824.04 $2,480.72 $0.00 $2,028.84 $363,333.60
108 $363,333.60 $2,480.72 $0.00 $2,054.34 $367,868.66
109 $367,868.66 $2,480.72 $0.00 $2,079.98 $372,429.36
110 $372,429.36 $2,480.72 $0.00 $2,105.77 $377,015.85
111 $377,015.85 $2,480.72 $0.00 $2,131.70 $381,628.27
112 $381,628.27 $2,480.72 $0.00 $2,157.78 $386,266.77
113 $386,266.77 $2,480.72 $0.00 $2,184.01 $390,931.50
114 $390,931.50 $2,480.72 $0.00 $2,210.38 $395,622.60
115 $395,622.60 $2,480.72 $0.00 $2,236.91 $400,340.23
116 $400,340.23 $2,480.72 $0.00 $2,263.58 $405,084.53
117 $405,084.53 $2,480.72 $0.00 $2,290.41 $409,855.66
118 $409,855.66 $2,480.72 $0.00 $2,317.38 $414,653.76
119 $414,653.76 $2,480.72 $0.00 $2,344.51 $419,478.99
120 $419,478.99 $2,480.72 $0.00 $2,371.80 $424,331.51
121 $424,331.51 $2,480.72 $0.00 $2,399.23 $429,211.46
122 $429,211.46 $2,480.72 $0.00 $2,426.82 $434,119.00
123 $434,119.00 $2,480.72 $0.00 $2,454.57 $439,054.29
124 $439,054.29 $2,480.72 $0.00 $2,482.48 $444,017.49
125 $444,017.49 $2,480.72 $0.00 $2,510.54 $449,008.75
126 $449,008.75 $2,480.72 $0.00 $2,538.76 $454,028.23
127 $454,028.23 $2,480.72 $0.00 $2,567.14 $459,076.09
128 $459,076.09 $2,480.72 $0.00 $2,595.68 $464,152.49
129 $464,152.49 $2,480.72 $0.00 $2,624.39 $469,257.60
130 $469,257.60 $2,480.72 $0.00 $2,653.25 $474,391.57
131 $474,391.57 $2,480.72 $0.00 $2,682.28 $479,554.57
132 $479,554.57 $2,480.72 $0.00 $2,711.47 $484,746.76
133 $484,746.76 $2,480.72 $0.00 $2,740.83 $489,968.31
134 $489,968.31 $2,480.72 $0.00 $2,770.35 $495,219.38
135 $495,219.38 $2,480.72 $0.00 $2,800.04 $500,500.14
136 $500,500.14 $2,480.72 $0.00 $2,829.90 $505,810.76
137 $505,810.76 $2,480.72 $0.00 $2,859.93 $511,151.41
138 $511,151.41 $2,480.72 $0.00 $2,890.12 $516,522.25
139 $516,522.25 $2,480.72 $0.00 $2,920.49 $521,923.46
140 $521,923.46 $2,480.72 $0.00 $2,951.03 $527,355.21
141 $527,355.21 $2,480.72 $0.00 $2,981.74 $532,817.67
142 $532,817.67 $2,480.72 $0.00 $3,012.63 $538,311.02
143 $538,311.02 $2,480.72 $0.00 $3,043.69 $543,835.43
144 $543,835.43 $2,480.72 $0.00 $3,074.92 $549,391.07
145 $549,391.07 $2,480.72 $0.00 $3,106.34 $554,978.13
146 $554,978.13 $2,480.72 $0.00 $3,137.93 $560,596.78
147 $560,596.78 $2,480.72 $0.00 $3,169.70 $566,247.20
148 $566,247.20 $2,480.72 $0.00 $3,201.64 $571,929.56
149 $571,929.56 $2,480.72 $0.00 $3,233.77 $577,644.05
150 $577,644.05 $2,480.72 $0.00 $3,266.08 $583,390.85
151 $583,390.85 $2,480.72 $0.00 $3,298.58 $589,170.15
152 $589,170.15 $2,480.72 $0.00 $3,331.25 $594,982.12
153 $594,982.12 $2,480.72 $0.00 $3,364.12 $600,826.96
154 $600,826.96 $2,480.72 $0.00 $3,397.16 $606,704.84
155 $606,704.84 $2,480.72 $0.00 $3,430.40 $612,615.96
156 $612,615.96 $2,480.72 $0.00 $3,463.82 $618,560.50
157 $618,560.50 $2,480.72 $0.00 $3,497.43 $624,538.65
158 $624,538.65 $2,480.72 $0.00 $3,531.23 $630,550.60
159 $630,550.60 $2,480.72 $0.00 $3,565.22 $636,596.54
160 $636,596.54 $2,480.72 $0.00 $3,599.41 $642,676.67
161 $642,676.67 $2,480.72 $0.00 $3,633.79 $648,791.18
162 $648,791.18 $2,480.72 $0.00 $3,668.36 $654,940.26
163 $654,940.26 $2,480.72 $0.00 $3,703.13 $661,124.11
164 $661,124.11 $2,480.72 $0.00 $3,738.09 $667,342.92
165 $667,342.92 $2,480.72 $0.00 $3,773.25 $673,596.89
166 $673,596.89 $2,480.72 $0.00 $3,808.61 $679,886.22
167 $679,886.22 $2,480.72 $0.00 $3,844.18 $686,211.12
168 $686,211.12 $2,480.72 $0.00 $3,879.94 $692,571.78
169 $692,571.78 $2,480.72 $0.00 $3,915.90 $698,968.40
170 $698,968.40 $2,480.72 $0.00 $3,952.07 $705,401.19
171 $705,401.19 $2,480.72 $0.00 $3,988.44 $711,870.35
172 $711,870.35 $2,480.72 $0.00 $4,025.02 $718,376.09
173 $718,376.09 $2,480.72 $0.00 $4,061.80 $724,918.61
174 $724,918.61 $2,480.72 $0.00 $4,098.80 $731,498.13
175 $731,498.13 $2,480.72 $0.00 $4,136.00 $738,114.85
176 $738,114.85 $2,480.72 $0.00 $4,173.41 $744,768.98
177 $744,768.98 $2,480.72 $0.00 $4,211.03 $751,460.73
178 $751,460.73 $2,480.72 $0.00 $4,248.87 $758,190.32
179 $758,190.32 $2,480.72 $0.00 $4,286.92 $764,957.96
180 $764,957.96 $2,480.72 $0.00 $4,325.18 $771,763.86
181 $771,763.86 $2,480.72 $0.00 $4,363.67 $778,608.25
182 $778,608.25 $2,480.72 $0.00 $4,402.36 $785,491.33
183 $785,491.33 $2,480.72 $0.00 $4,441.28 $792,413.33
184 $792,413.33 $2,480.72 $0.00 $4,480.42 $799,374.47
185 $799,374.47 $2,480.72 $0.00 $4,519.78 $806,374.97
186 $806,374.97 $2,480.72 $0.00 $4,559.36 $813,415.05
187 $813,415.05 $2,480.72 $0.00 $4,599.17 $820,494.94
188 $820,494.94 $2,480.72 $0.00 $4,639.20 $827,614.86
189 $827,614.86 $2,480.72 $0.00 $4,679.45 $834,775.03
190 $834,775.03 $2,480.72 $0.00 $4,719.94 $841,975.69
191 $841,975.69 $2,480.72 $0.00 $4,760.65 $849,217.06
192 $849,217.06 $2,480.72 $0.00 $4,801.60 $856,499.38
193 $856,499.38 $2,480.72 $0.00 $4,842.77 $863,822.87
194 $863,822.87 $2,480.72 $0.00 $4,884.18 $871,187.77
195 $871,187.77 $2,480.72 $0.00 $4,925.82 $878,594.31
196 $878,594.31 $2,480.72 $0.00 $4,967.70 $886,042.73
197 $886,042.73 $2,480.72 $0.00 $5,009.81 $893,533.26
198 $893,533.26 $2,480.72 $0.00 $5,052.17 $901,066.15
199 $901,066.15 $2,480.72 $0.00 $5,094.76 $908,641.63
200 $908,641.63 $2,480.72 $0.00 $5,137.59 $916,259.94
201 $916,259.94 $2,480.72 $0.00 $5,180.67 $923,921.33
202 $923,921.33 $2,480.72 $0.00 $5,223.99 $931,626.04
203 $931,626.04 $2,480.72 $0.00 $5,267.55 $939,374.31
204 $939,374.31 $2,480.72 $0.00 $5,311.36 $947,166.39
205 $947,166.39 $2,480.72 $0.00 $5,355.42 $955,002.53
206 $955,002.53 $2,480.72 $0.00 $5,399.72 $962,882.97
207 $962,882.97 $2,480.72 $0.00 $5,444.28 $970,807.97
208 $970,807.97 $2,480.72 $0.00 $5,489.09 $978,777.78
209 $978,777.78 $2,480.72 $0.00 $5,534.15 $986,792.65
210 $986,792.65 $2,480.72 $0.00 $5,579.47 $994,852.84
211 $994,852.84 $2,480.72 $0.00 $5,625.04 $1,002,958.60
212 $1,002,958.60 $2,480.72 $0.00 $5,670.87 $1,011,110.19
213 $1,011,110.19 $2,480.72 $0.00 $5,716.96 $1,019,307.87
214 $1,019,307.87 $2,480.72 $0.00 $5,763.31 $1,027,551.90
215 $1,027,551.90 $2,480.72 $0.00 $5,809.93 $1,035,842.55
216 $1,035,842.55 $2,480.72 $0.00 $5,856.80 $1,044,180.07
217 $1,044,180.07 $2,480.72 $282,785.41 $5,903.95 $769,779.33
218 $769,779.33 $2,480.72 $0.00 $4,352.44 $776,612.49
219 $776,612.49 $2,480.72 $0.00 $4,391.08 $783,484.29
220 $783,484.29 $2,480.72 $0.00 $4,429.93 $790,394.94
221 $790,394.94 $2,480.72 $0.00 $4,469.01 $797,344.67
222 $797,344.67 $2,480.72 $0.00 $4,508.30 $804,333.69
223 $804,333.69 $2,480.72 $0.00 $4,547.82 $811,362.23
224 $811,362.23 $2,480.72 $0.00 $4,587.56 $818,430.51
225 $818,430.51 $2,480.72 $0.00 $4,627.53 $825,538.76
226 $825,538.76 $2,480.72 $0.00 $4,667.72 $832,687.20
227 $832,687.20 $2,480.72 $0.00 $4,708.13 $839,876.05
228 $839,876.05 $2,480.72 $0.00 $4,748.78 $847,105.55
229 $847,105.55 $2,480.72 $302,580.39 $4,789.66 $551,795.54
230 $551,795.54 $2,480.72 $0.00 $3,119.93 $557,396.19
231 $557,396.19 $2,480.72 $0.00 $3,151.60 $563,028.51
232 $563,028.51 $2,480.72 $0.00 $3,183.45 $568,692.68
233 $568,692.68 $2,480.72 $0.00 $3,215.47 $574,388.87
234 $574,388.87 $2,480.72 $0.00 $3,247.68 $580,117.27
235 $580,117.27 $2,480.72 $0.00 $3,280.07 $585,878.06
236 $585,878.06 $2,480.72 $0.00 $3,312.64 $591,671.42
237 $591,671.42 $2,480.72 $0.00 $3,345.40 $597,497.54
238 $597,497.54 $2,480.72 $0.00 $3,378.34 $603,356.60
239 $603,356.60 $2,480.72 $0.00 $3,411.47 $609,248.79
240 $609,248.79 $2,480.72 $0.00 $3,444.78 $615,174.29
241 $615,174.29 $2,480.72 $323,761.02 $3,478.28 $297,372.27
242 $297,372.27 $2,480.72 $0.00 $1,681.39 $301,534.38
243 $301,534.38 $2,480.72 $0.00 $1,704.92 $305,720.02
244 $305,720.02 $2,480.72 $0.00 $1,728.59 $309,929.33
245 $309,929.33 $2,480.72 $0.00 $1,752.39 $314,162.44
246 $314,162.44 $2,480.72 $0.00 $1,776.32 $318,419.48
247 $318,419.48 $2,480.72 $0.00 $1,800.39 $322,700.59
248 $322,700.59 $2,480.72 $0.00 $1,824.60 $327,005.91
249 $327,005.91 $2,480.72 $0.00 $1,848.94 $331,335.57
250 $331,335.57 $2,480.72 $0.00 $1,873.42 $335,689.71
251 $335,689.71 $2,480.72 $0.00 $1,898.04 $340,068.47
252 $340,068.47 $2,480.72 $0.00 $1,922.80 $344,471.99
253 $344,471.99 $0.00 $346,424.29 $1,947.69 -$4.61