Savings Plan and Future Cost Estimation for Villa Maria College

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$146,503
Monthly savings required$1,158

How much will it cost to send your child to Villa Maria College in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $586,011.89 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,157.84 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$39,050.00
Years until enrollment18
Annual Tuition Increase7%
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 $1,157.84 $0.00 $0.00 $1,157.84
2 $1,157.84 $1,157.84 $0.00 $6.55 $2,322.23
3 $2,322.23 $1,157.84 $0.00 $13.13 $3,493.20
4 $3,493.20 $1,157.84 $0.00 $19.75 $4,670.79
5 $4,670.79 $1,157.84 $0.00 $26.41 $5,855.04
6 $5,855.04 $1,157.84 $0.00 $33.11 $7,045.99
7 $7,045.99 $1,157.84 $0.00 $39.84 $8,243.67
8 $8,243.67 $1,157.84 $0.00 $46.61 $9,448.12
9 $9,448.12 $1,157.84 $0.00 $53.42 $10,659.38
10 $10,659.38 $1,157.84 $0.00 $60.27 $11,877.49
11 $11,877.49 $1,157.84 $0.00 $67.16 $13,102.49
12 $13,102.49 $1,157.84 $0.00 $74.08 $14,334.41
13 $14,334.41 $1,157.84 $0.00 $81.05 $15,573.30
14 $15,573.30 $1,157.84 $0.00 $88.05 $16,819.19
15 $16,819.19 $1,157.84 $0.00 $95.10 $18,072.13
16 $18,072.13 $1,157.84 $0.00 $102.18 $19,332.15
17 $19,332.15 $1,157.84 $0.00 $109.31 $20,599.30
18 $20,599.30 $1,157.84 $0.00 $116.47 $21,873.61
19 $21,873.61 $1,157.84 $0.00 $123.68 $23,155.13
20 $23,155.13 $1,157.84 $0.00 $130.92 $24,443.89
21 $24,443.89 $1,157.84 $0.00 $138.21 $25,739.94
22 $25,739.94 $1,157.84 $0.00 $145.54 $27,043.32
23 $27,043.32 $1,157.84 $0.00 $152.91 $28,354.07
24 $28,354.07 $1,157.84 $0.00 $160.32 $29,672.23
25 $29,672.23 $1,157.84 $0.00 $167.77 $30,997.84
26 $30,997.84 $1,157.84 $0.00 $175.27 $32,330.95
27 $32,330.95 $1,157.84 $0.00 $182.80 $33,671.59
28 $33,671.59 $1,157.84 $0.00 $190.38 $35,019.81
29 $35,019.81 $1,157.84 $0.00 $198.01 $36,375.66
30 $36,375.66 $1,157.84 $0.00 $205.67 $37,739.17
31 $37,739.17 $1,157.84 $0.00 $213.38 $39,110.39
32 $39,110.39 $1,157.84 $0.00 $221.14 $40,489.37
33 $40,489.37 $1,157.84 $0.00 $228.93 $41,876.14
34 $41,876.14 $1,157.84 $0.00 $236.77 $43,270.75
35 $43,270.75 $1,157.84 $0.00 $244.66 $44,673.25
36 $44,673.25 $1,157.84 $0.00 $252.59 $46,083.68
37 $46,083.68 $1,157.84 $0.00 $260.56 $47,502.08
38 $47,502.08 $1,157.84 $0.00 $268.58 $48,928.50
39 $48,928.50 $1,157.84 $0.00 $276.65 $50,362.99
40 $50,362.99 $1,157.84 $0.00 $284.76 $51,805.59
41 $51,805.59 $1,157.84 $0.00 $292.92 $53,256.35
42 $53,256.35 $1,157.84 $0.00 $301.12 $54,715.31
43 $54,715.31 $1,157.84 $0.00 $309.37 $56,182.52
44 $56,182.52 $1,157.84 $0.00 $317.66 $57,658.02
45 $57,658.02 $1,157.84 $0.00 $326.01 $59,141.87
46 $59,141.87 $1,157.84 $0.00 $334.40 $60,634.11
47 $60,634.11 $1,157.84 $0.00 $342.83 $62,134.78
48 $62,134.78 $1,157.84 $0.00 $351.32 $63,643.94
49 $63,643.94 $1,157.84 $0.00 $359.85 $65,161.63
50 $65,161.63 $1,157.84 $0.00 $368.43 $66,687.90
51 $66,687.90 $1,157.84 $0.00 $377.06 $68,222.80
52 $68,222.80 $1,157.84 $0.00 $385.74 $69,766.38
53 $69,766.38 $1,157.84 $0.00 $394.47 $71,318.69
54 $71,318.69 $1,157.84 $0.00 $403.25 $72,879.78
55 $72,879.78 $1,157.84 $0.00 $412.07 $74,449.69
56 $74,449.69 $1,157.84 $0.00 $420.95 $76,028.48
57 $76,028.48 $1,157.84 $0.00 $429.88 $77,616.20
58 $77,616.20 $1,157.84 $0.00 $438.85 $79,212.89
59 $79,212.89 $1,157.84 $0.00 $447.88 $80,818.61
60 $80,818.61 $1,157.84 $0.00 $456.96 $82,433.41
61 $82,433.41 $1,157.84 $0.00 $466.09 $84,057.34
62 $84,057.34 $1,157.84 $0.00 $475.27 $85,690.45
63 $85,690.45 $1,157.84 $0.00 $484.51 $87,332.80
64 $87,332.80 $1,157.84 $0.00 $493.79 $88,984.43
65 $88,984.43 $1,157.84 $0.00 $503.13 $90,645.40
66 $90,645.40 $1,157.84 $0.00 $512.52 $92,315.76
67 $92,315.76 $1,157.84 $0.00 $521.97 $93,995.57
68 $93,995.57 $1,157.84 $0.00 $531.46 $95,684.87
69 $95,684.87 $1,157.84 $0.00 $541.02 $97,383.73
70 $97,383.73 $1,157.84 $0.00 $550.62 $99,092.19
71 $99,092.19 $1,157.84 $0.00 $560.28 $100,810.31
72 $100,810.31 $1,157.84 $0.00 $570.00 $102,538.15
73 $102,538.15 $1,157.84 $0.00 $579.77 $104,275.76
74 $104,275.76 $1,157.84 $0.00 $589.59 $106,023.19
75 $106,023.19 $1,157.84 $0.00 $599.47 $107,780.50
76 $107,780.50 $1,157.84 $0.00 $609.41 $109,547.75
77 $109,547.75 $1,157.84 $0.00 $619.40 $111,324.99
78 $111,324.99 $1,157.84 $0.00 $629.45 $113,112.28
79 $113,112.28 $1,157.84 $0.00 $639.55 $114,909.67
80 $114,909.67 $1,157.84 $0.00 $649.72 $116,717.23
81 $116,717.23 $1,157.84 $0.00 $659.94 $118,535.01
82 $118,535.01 $1,157.84 $0.00 $670.21 $120,363.06
83 $120,363.06 $1,157.84 $0.00 $680.55 $122,201.45
84 $122,201.45 $1,157.84 $0.00 $690.94 $124,050.23
85 $124,050.23 $1,157.84 $0.00 $701.40 $125,909.47
86 $125,909.47 $1,157.84 $0.00 $711.91 $127,779.22
87 $127,779.22 $1,157.84 $0.00 $722.48 $129,659.54
88 $129,659.54 $1,157.84 $0.00 $733.11 $131,550.49
89 $131,550.49 $1,157.84 $0.00 $743.81 $133,452.14
90 $133,452.14 $1,157.84 $0.00 $754.56 $135,364.54
91 $135,364.54 $1,157.84 $0.00 $765.37 $137,287.75
92 $137,287.75 $1,157.84 $0.00 $776.24 $139,221.83
93 $139,221.83 $1,157.84 $0.00 $787.18 $141,166.85
94 $141,166.85 $1,157.84 $0.00 $798.18 $143,122.87
95 $143,122.87 $1,157.84 $0.00 $809.24 $145,089.95
96 $145,089.95 $1,157.84 $0.00 $820.36 $147,068.15
97 $147,068.15 $1,157.84 $0.00 $831.54 $149,057.53
98 $149,057.53 $1,157.84 $0.00 $842.79 $151,058.16
99 $151,058.16 $1,157.84 $0.00 $854.10 $153,070.10
100 $153,070.10 $1,157.84 $0.00 $865.48 $155,093.42
101 $155,093.42 $1,157.84 $0.00 $876.92 $157,128.18
102 $157,128.18 $1,157.84 $0.00 $888.43 $159,174.45
103 $159,174.45 $1,157.84 $0.00 $900.00 $161,232.29
104 $161,232.29 $1,157.84 $0.00 $911.63 $163,301.76
105 $163,301.76 $1,157.84 $0.00 $923.33 $165,382.93
106 $165,382.93 $1,157.84 $0.00 $935.10 $167,475.87
107 $167,475.87 $1,157.84 $0.00 $946.93 $169,580.64
108 $169,580.64 $1,157.84 $0.00 $958.83 $171,697.31
109 $171,697.31 $1,157.84 $0.00 $970.80 $173,825.95
110 $173,825.95 $1,157.84 $0.00 $982.84 $175,966.63
111 $175,966.63 $1,157.84 $0.00 $994.94 $178,119.41
112 $178,119.41 $1,157.84 $0.00 $1,007.11 $180,284.36
113 $180,284.36 $1,157.84 $0.00 $1,019.35 $182,461.55
114 $182,461.55 $1,157.84 $0.00 $1,031.66 $184,651.05
115 $184,651.05 $1,157.84 $0.00 $1,044.04 $186,852.93
116 $186,852.93 $1,157.84 $0.00 $1,056.49 $189,067.26
117 $189,067.26 $1,157.84 $0.00 $1,069.01 $191,294.11
118 $191,294.11 $1,157.84 $0.00 $1,081.60 $193,533.55
119 $193,533.55 $1,157.84 $0.00 $1,094.27 $195,785.66
120 $195,785.66 $1,157.84 $0.00 $1,107.00 $198,050.50
121 $198,050.50 $1,157.84 $0.00 $1,119.81 $200,328.15
122 $200,328.15 $1,157.84 $0.00 $1,132.68 $202,618.67
123 $202,618.67 $1,157.84 $0.00 $1,145.64 $204,922.15
124 $204,922.15 $1,157.84 $0.00 $1,158.66 $207,238.65
125 $207,238.65 $1,157.84 $0.00 $1,171.76 $209,568.25
126 $209,568.25 $1,157.84 $0.00 $1,184.93 $211,911.02
127 $211,911.02 $1,157.84 $0.00 $1,198.18 $214,267.04
128 $214,267.04 $1,157.84 $0.00 $1,211.50 $216,636.38
129 $216,636.38 $1,157.84 $0.00 $1,224.89 $219,019.11
130 $219,019.11 $1,157.84 $0.00 $1,238.37 $221,415.32
131 $221,415.32 $1,157.84 $0.00 $1,251.91 $223,825.07
132 $223,825.07 $1,157.84 $0.00 $1,265.54 $226,248.45
133 $226,248.45 $1,157.84 $0.00 $1,279.24 $228,685.53
134 $228,685.53 $1,157.84 $0.00 $1,293.02 $231,136.39
135 $231,136.39 $1,157.84 $0.00 $1,306.88 $233,601.11
136 $233,601.11 $1,157.84 $0.00 $1,320.81 $236,079.76
137 $236,079.76 $1,157.84 $0.00 $1,334.83 $238,572.43
138 $238,572.43 $1,157.84 $0.00 $1,348.92 $241,079.19
139 $241,079.19 $1,157.84 $0.00 $1,363.10 $243,600.13
140 $243,600.13 $1,157.84 $0.00 $1,377.35 $246,135.32
141 $246,135.32 $1,157.84 $0.00 $1,391.68 $248,684.84
142 $248,684.84 $1,157.84 $0.00 $1,406.10 $251,248.78
143 $251,248.78 $1,157.84 $0.00 $1,420.60 $253,827.22
144 $253,827.22 $1,157.84 $0.00 $1,435.18 $256,420.24
145 $256,420.24 $1,157.84 $0.00 $1,449.84 $259,027.92
146 $259,027.92 $1,157.84 $0.00 $1,464.58 $261,650.34
147 $261,650.34 $1,157.84 $0.00 $1,479.41 $264,287.59
148 $264,287.59 $1,157.84 $0.00 $1,494.32 $266,939.75
149 $266,939.75 $1,157.84 $0.00 $1,509.32 $269,606.91
150 $269,606.91 $1,157.84 $0.00 $1,524.40 $272,289.15
151 $272,289.15 $1,157.84 $0.00 $1,539.56 $274,986.55
152 $274,986.55 $1,157.84 $0.00 $1,554.81 $277,699.20
153 $277,699.20 $1,157.84 $0.00 $1,570.15 $280,427.19
154 $280,427.19 $1,157.84 $0.00 $1,585.58 $283,170.61
155 $283,170.61 $1,157.84 $0.00 $1,601.09 $285,929.54
156 $285,929.54 $1,157.84 $0.00 $1,616.69 $288,704.07
157 $288,704.07 $1,157.84 $0.00 $1,632.37 $291,494.28
158 $291,494.28 $1,157.84 $0.00 $1,648.15 $294,300.27
159 $294,300.27 $1,157.84 $0.00 $1,664.02 $297,122.13
160 $297,122.13 $1,157.84 $0.00 $1,679.97 $299,959.94
161 $299,959.94 $1,157.84 $0.00 $1,696.02 $302,813.80
162 $302,813.80 $1,157.84 $0.00 $1,712.15 $305,683.79
163 $305,683.79 $1,157.84 $0.00 $1,728.38 $308,570.01
164 $308,570.01 $1,157.84 $0.00 $1,744.70 $311,472.55
165 $311,472.55 $1,157.84 $0.00 $1,761.11 $314,391.50
166 $314,391.50 $1,157.84 $0.00 $1,777.62 $317,326.96
167 $317,326.96 $1,157.84 $0.00 $1,794.21 $320,279.01
168 $320,279.01 $1,157.84 $0.00 $1,810.90 $323,247.75
169 $323,247.75 $1,157.84 $0.00 $1,827.69 $326,233.28
170 $326,233.28 $1,157.84 $0.00 $1,844.57 $329,235.69
171 $329,235.69 $1,157.84 $0.00 $1,861.55 $332,255.08
172 $332,255.08 $1,157.84 $0.00 $1,878.62 $335,291.54
173 $335,291.54 $1,157.84 $0.00 $1,895.79 $338,345.17
174 $338,345.17 $1,157.84 $0.00 $1,913.05 $341,416.06
175 $341,416.06 $1,157.84 $0.00 $1,930.42 $344,504.32
176 $344,504.32 $1,157.84 $0.00 $1,947.88 $347,610.04
177 $347,610.04 $1,157.84 $0.00 $1,965.44 $350,733.32
178 $350,733.32 $1,157.84 $0.00 $1,983.10 $353,874.26
179 $353,874.26 $1,157.84 $0.00 $2,000.86 $357,032.96
180 $357,032.96 $1,157.84 $0.00 $2,018.72 $360,209.52
181 $360,209.52 $1,157.84 $0.00 $2,036.68 $363,404.04
182 $363,404.04 $1,157.84 $0.00 $2,054.74 $366,616.62
183 $366,616.62 $1,157.84 $0.00 $2,072.90 $369,847.36
184 $369,847.36 $1,157.84 $0.00 $2,091.17 $373,096.37
185 $373,096.37 $1,157.84 $0.00 $2,109.54 $376,363.75
186 $376,363.75 $1,157.84 $0.00 $2,128.02 $379,649.61
187 $379,649.61 $1,157.84 $0.00 $2,146.59 $382,954.04
188 $382,954.04 $1,157.84 $0.00 $2,165.28 $386,277.16
189 $386,277.16 $1,157.84 $0.00 $2,184.07 $389,619.07
190 $389,619.07 $1,157.84 $0.00 $2,202.96 $392,979.87
191 $392,979.87 $1,157.84 $0.00 $2,221.97 $396,359.68
192 $396,359.68 $1,157.84 $0.00 $2,241.08 $399,758.60
193 $399,758.60 $1,157.84 $0.00 $2,260.29 $403,176.73
194 $403,176.73 $1,157.84 $0.00 $2,279.62 $406,614.19
195 $406,614.19 $1,157.84 $0.00 $2,299.06 $410,071.09
196 $410,071.09 $1,157.84 $0.00 $2,318.60 $413,547.53
197 $413,547.53 $1,157.84 $0.00 $2,338.26 $417,043.63
198 $417,043.63 $1,157.84 $0.00 $2,358.03 $420,559.50
199 $420,559.50 $1,157.84 $0.00 $2,377.90 $424,095.24
200 $424,095.24 $1,157.84 $0.00 $2,397.90 $427,650.98
201 $427,650.98 $1,157.84 $0.00 $2,418.00 $431,226.82
202 $431,226.82 $1,157.84 $0.00 $2,438.22 $434,822.88
203 $434,822.88 $1,157.84 $0.00 $2,458.55 $438,439.27
204 $438,439.27 $1,157.84 $0.00 $2,479.00 $442,076.11
205 $442,076.11 $1,157.84 $0.00 $2,499.56 $445,733.51
206 $445,733.51 $1,157.84 $0.00 $2,520.24 $449,411.59
207 $449,411.59 $1,157.84 $0.00 $2,541.04 $453,110.47
208 $453,110.47 $1,157.84 $0.00 $2,561.95 $456,830.26
209 $456,830.26 $1,157.84 $0.00 $2,582.98 $460,571.08
210 $460,571.08 $1,157.84 $0.00 $2,604.14 $464,333.06
211 $464,333.06 $1,157.84 $0.00 $2,625.41 $468,116.31
212 $468,116.31 $1,157.84 $0.00 $2,646.80 $471,920.95
213 $471,920.95 $1,157.84 $0.00 $2,668.31 $475,747.10
214 $475,747.10 $1,157.84 $0.00 $2,689.94 $479,594.88
215 $479,594.88 $1,157.84 $0.00 $2,711.70 $483,464.42
216 $483,464.42 $1,157.84 $0.00 $2,733.58 $487,355.84
217 $487,355.84 $1,157.84 $131,986.36 $2,755.58 $359,282.90
218 $359,282.90 $1,157.84 $0.00 $2,031.44 $362,472.18
219 $362,472.18 $1,157.84 $0.00 $2,049.47 $365,679.49
220 $365,679.49 $1,157.84 $0.00 $2,067.61 $368,904.94
221 $368,904.94 $1,157.84 $0.00 $2,085.84 $372,148.62
222 $372,148.62 $1,157.84 $0.00 $2,104.18 $375,410.64
223 $375,410.64 $1,157.84 $0.00 $2,122.63 $378,691.11
224 $378,691.11 $1,157.84 $0.00 $2,141.17 $381,990.12
225 $381,990.12 $1,157.84 $0.00 $2,159.83 $385,307.79
226 $385,307.79 $1,157.84 $0.00 $2,178.59 $388,644.22
227 $388,644.22 $1,157.84 $0.00 $2,197.45 $391,999.51
228 $391,999.51 $1,157.84 $0.00 $2,216.42 $395,373.77
229 $395,373.77 $1,157.84 $141,225.40 $2,235.50 $257,541.71
230 $257,541.71 $1,157.84 $0.00 $1,456.18 $260,155.73
231 $260,155.73 $1,157.84 $0.00 $1,470.96 $262,784.53
232 $262,784.53 $1,157.84 $0.00 $1,485.82 $265,428.19
233 $265,428.19 $1,157.84 $0.00 $1,500.77 $268,086.80
234 $268,086.80 $1,157.84 $0.00 $1,515.80 $270,760.44
235 $270,760.44 $1,157.84 $0.00 $1,530.92 $273,449.20
236 $273,449.20 $1,157.84 $0.00 $1,546.12 $276,153.16
237 $276,153.16 $1,157.84 $0.00 $1,561.41 $278,872.41
238 $278,872.41 $1,157.84 $0.00 $1,576.79 $281,607.04
239 $281,607.04 $1,157.84 $0.00 $1,592.25 $284,357.13
240 $284,357.13 $1,157.84 $0.00 $1,607.80 $287,122.77
241 $287,122.77 $1,157.84 $151,111.18 $1,623.43 $138,792.86
242 $138,792.86 $1,157.84 $0.00 $784.76 $140,735.46
243 $140,735.46 $1,157.84 $0.00 $795.74 $142,689.04
244 $142,689.04 $1,157.84 $0.00 $806.78 $144,653.66
245 $144,653.66 $1,157.84 $0.00 $817.89 $146,629.39
246 $146,629.39 $1,157.84 $0.00 $829.06 $148,616.29
247 $148,616.29 $1,157.84 $0.00 $840.30 $150,614.43
248 $150,614.43 $1,157.84 $0.00 $851.60 $152,623.87
249 $152,623.87 $1,157.84 $0.00 $862.96 $154,644.67
250 $154,644.67 $1,157.84 $0.00 $874.38 $156,676.89
251 $156,676.89 $1,157.84 $0.00 $885.87 $158,720.60
252 $158,720.60 $1,157.84 $0.00 $897.43 $160,775.87
253 $160,775.87 $0.00 $161,688.96 $909.05 -$4.04