Savings Plan and Future Cost Estimation for Ohio Dominican University

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

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2039$119,526
Monthly savings required$946

How much will it cost to send your child to Ohio Dominican University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $478,104.47 for students enrolling in 2039 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $946.14 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.

Assumptions

Current Annual Cost$46,092.00
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 $946.14 $0.00 $0.00 $946.14
2 $946.14 $946.14 $0.00 $5.35 $1,897.63
3 $1,897.63 $946.14 $0.00 $10.73 $2,854.50
4 $2,854.50 $946.14 $0.00 $16.14 $3,816.78
5 $3,816.78 $946.14 $0.00 $21.58 $4,784.50
6 $4,784.50 $946.14 $0.00 $27.05 $5,757.69
7 $5,757.69 $946.14 $0.00 $32.55 $6,736.38
8 $6,736.38 $946.14 $0.00 $38.09 $7,720.61
9 $7,720.61 $946.14 $0.00 $43.65 $8,710.40
10 $8,710.40 $946.14 $0.00 $49.25 $9,705.79
11 $9,705.79 $946.14 $0.00 $54.88 $10,706.81
12 $10,706.81 $946.14 $0.00 $60.54 $11,713.49
13 $11,713.49 $946.14 $0.00 $66.23 $12,725.86
14 $12,725.86 $946.14 $0.00 $71.95 $13,743.95
15 $13,743.95 $946.14 $0.00 $77.71 $14,767.80
16 $14,767.80 $946.14 $0.00 $83.50 $15,797.44
17 $15,797.44 $946.14 $0.00 $89.32 $16,832.90
18 $16,832.90 $946.14 $0.00 $95.18 $17,874.22
19 $17,874.22 $946.14 $0.00 $101.06 $18,921.42
20 $18,921.42 $946.14 $0.00 $106.98 $19,974.54
21 $19,974.54 $946.14 $0.00 $112.94 $21,033.62
22 $21,033.62 $946.14 $0.00 $118.93 $22,098.69
23 $22,098.69 $946.14 $0.00 $124.95 $23,169.78
24 $23,169.78 $946.14 $0.00 $131.01 $24,246.93
25 $24,246.93 $946.14 $0.00 $137.10 $25,330.17
26 $25,330.17 $946.14 $0.00 $143.22 $26,419.53
27 $26,419.53 $946.14 $0.00 $149.38 $27,515.05
28 $27,515.05 $946.14 $0.00 $155.57 $28,616.76
29 $28,616.76 $946.14 $0.00 $161.80 $29,724.70
30 $29,724.70 $946.14 $0.00 $168.07 $30,838.91
31 $30,838.91 $946.14 $0.00 $174.37 $31,959.42
32 $31,959.42 $946.14 $0.00 $180.70 $33,086.26
33 $33,086.26 $946.14 $0.00 $187.07 $34,219.47
34 $34,219.47 $946.14 $0.00 $193.48 $35,359.09
35 $35,359.09 $946.14 $0.00 $199.93 $36,505.16
36 $36,505.16 $946.14 $0.00 $206.41 $37,657.71
37 $37,657.71 $946.14 $0.00 $212.92 $38,816.77
38 $38,816.77 $946.14 $0.00 $219.48 $39,982.39
39 $39,982.39 $946.14 $0.00 $226.07 $41,154.60
40 $41,154.60 $946.14 $0.00 $232.69 $42,333.43
41 $42,333.43 $946.14 $0.00 $239.36 $43,518.93
42 $43,518.93 $946.14 $0.00 $246.06 $44,711.13
43 $44,711.13 $946.14 $0.00 $252.80 $45,910.07
44 $45,910.07 $946.14 $0.00 $259.58 $47,115.79
45 $47,115.79 $946.14 $0.00 $266.40 $48,328.33
46 $48,328.33 $946.14 $0.00 $273.26 $49,547.73
47 $49,547.73 $946.14 $0.00 $280.15 $50,774.02
48 $50,774.02 $946.14 $0.00 $287.08 $52,007.24
49 $52,007.24 $946.14 $0.00 $294.06 $53,247.44
50 $53,247.44 $946.14 $0.00 $301.07 $54,494.65
51 $54,494.65 $946.14 $0.00 $308.12 $55,748.91
52 $55,748.91 $946.14 $0.00 $315.21 $57,010.26
53 $57,010.26 $946.14 $0.00 $322.34 $58,278.74
54 $58,278.74 $946.14 $0.00 $329.52 $59,554.40
55 $59,554.40 $946.14 $0.00 $336.73 $60,837.27
56 $60,837.27 $946.14 $0.00 $343.98 $62,127.39
57 $62,127.39 $946.14 $0.00 $351.28 $63,424.81
58 $63,424.81 $946.14 $0.00 $358.61 $64,729.56
59 $64,729.56 $946.14 $0.00 $365.99 $66,041.69
60 $66,041.69 $946.14 $0.00 $373.41 $67,361.24
61 $67,361.24 $946.14 $0.00 $380.87 $68,688.25
62 $68,688.25 $946.14 $0.00 $388.37 $70,022.76
63 $70,022.76 $946.14 $0.00 $395.92 $71,364.82
64 $71,364.82 $946.14 $0.00 $403.51 $72,714.47
65 $72,714.47 $946.14 $0.00 $411.14 $74,071.75
66 $74,071.75 $946.14 $0.00 $418.81 $75,436.70
67 $75,436.70 $946.14 $0.00 $426.53 $76,809.37
68 $76,809.37 $946.14 $0.00 $434.29 $78,189.80
69 $78,189.80 $946.14 $0.00 $442.10 $79,578.04
70 $79,578.04 $946.14 $0.00 $449.95 $80,974.13
71 $80,974.13 $946.14 $0.00 $457.84 $82,378.11
72 $82,378.11 $946.14 $0.00 $465.78 $83,790.03
73 $83,790.03 $946.14 $0.00 $473.76 $85,209.93
74 $85,209.93 $946.14 $0.00 $481.79 $86,637.86
75 $86,637.86 $946.14 $0.00 $489.86 $88,073.86
76 $88,073.86 $946.14 $0.00 $497.98 $89,517.98
77 $89,517.98 $946.14 $0.00 $506.15 $90,970.27
78 $90,970.27 $946.14 $0.00 $514.36 $92,430.77
79 $92,430.77 $946.14 $0.00 $522.62 $93,899.53
80 $93,899.53 $946.14 $0.00 $530.92 $95,376.59
81 $95,376.59 $946.14 $0.00 $539.27 $96,862.00
82 $96,862.00 $946.14 $0.00 $547.67 $98,355.81
83 $98,355.81 $946.14 $0.00 $556.12 $99,858.07
84 $99,858.07 $946.14 $0.00 $564.61 $101,368.82
85 $101,368.82 $946.14 $0.00 $573.15 $102,888.11
86 $102,888.11 $946.14 $0.00 $581.74 $104,415.99
87 $104,415.99 $946.14 $0.00 $590.38 $105,952.51
88 $105,952.51 $946.14 $0.00 $599.07 $107,497.72
89 $107,497.72 $946.14 $0.00 $607.81 $109,051.67
90 $109,051.67 $946.14 $0.00 $616.59 $110,614.40
91 $110,614.40 $946.14 $0.00 $625.43 $112,185.97
92 $112,185.97 $946.14 $0.00 $634.32 $113,766.43
93 $113,766.43 $946.14 $0.00 $643.25 $115,355.82
94 $115,355.82 $946.14 $0.00 $652.24 $116,954.20
95 $116,954.20 $946.14 $0.00 $661.28 $118,561.62
96 $118,561.62 $946.14 $0.00 $670.36 $120,178.12
97 $120,178.12 $946.14 $0.00 $679.50 $121,803.76
98 $121,803.76 $946.14 $0.00 $688.70 $123,438.60
99 $123,438.60 $946.14 $0.00 $697.94 $125,082.68
100 $125,082.68 $946.14 $0.00 $707.24 $126,736.06
101 $126,736.06 $946.14 $0.00 $716.58 $128,398.78
102 $128,398.78 $946.14 $0.00 $725.99 $130,070.91
103 $130,070.91 $946.14 $0.00 $735.44 $131,752.49
104 $131,752.49 $946.14 $0.00 $744.95 $133,443.58
105 $133,443.58 $946.14 $0.00 $754.51 $135,144.23
106 $135,144.23 $946.14 $0.00 $764.13 $136,854.50
107 $136,854.50 $946.14 $0.00 $773.80 $138,574.44
108 $138,574.44 $946.14 $0.00 $783.52 $140,304.10
109 $140,304.10 $946.14 $0.00 $793.30 $142,043.54
110 $142,043.54 $946.14 $0.00 $803.13 $143,792.81
111 $143,792.81 $946.14 $0.00 $813.03 $145,551.98
112 $145,551.98 $946.14 $0.00 $822.97 $147,321.09
113 $147,321.09 $946.14 $0.00 $832.97 $149,100.20
114 $149,100.20 $946.14 $0.00 $843.03 $150,889.37
115 $150,889.37 $946.14 $0.00 $853.15 $152,688.66
116 $152,688.66 $946.14 $0.00 $863.32 $154,498.12
117 $154,498.12 $946.14 $0.00 $873.55 $156,317.81
118 $156,317.81 $946.14 $0.00 $883.84 $158,147.79
119 $158,147.79 $946.14 $0.00 $894.19 $159,988.12
120 $159,988.12 $946.14 $0.00 $904.60 $161,838.86
121 $161,838.86 $946.14 $0.00 $915.06 $163,700.06
122 $163,700.06 $946.14 $0.00 $925.58 $165,571.78
123 $165,571.78 $946.14 $0.00 $936.17 $167,454.09
124 $167,454.09 $946.14 $0.00 $946.81 $169,347.04
125 $169,347.04 $946.14 $0.00 $957.51 $171,250.69
126 $171,250.69 $946.14 $0.00 $968.28 $173,165.11
127 $173,165.11 $946.14 $0.00 $979.10 $175,090.35
128 $175,090.35 $946.14 $0.00 $989.99 $177,026.48
129 $177,026.48 $946.14 $0.00 $1,000.93 $178,973.55
130 $178,973.55 $946.14 $0.00 $1,011.94 $180,931.63
131 $180,931.63 $946.14 $0.00 $1,023.01 $182,900.78
132 $182,900.78 $946.14 $0.00 $1,034.15 $184,881.07
133 $184,881.07 $946.14 $0.00 $1,045.34 $186,872.55
134 $186,872.55 $946.14 $0.00 $1,056.60 $188,875.29
135 $188,875.29 $946.14 $0.00 $1,067.93 $190,889.36
136 $190,889.36 $946.14 $0.00 $1,079.32 $192,914.82
137 $192,914.82 $946.14 $0.00 $1,090.77 $194,951.73
138 $194,951.73 $946.14 $0.00 $1,102.29 $197,000.16
139 $197,000.16 $946.14 $0.00 $1,113.87 $199,060.17
140 $199,060.17 $946.14 $0.00 $1,125.52 $201,131.83
141 $201,131.83 $946.14 $0.00 $1,137.23 $203,215.20
142 $203,215.20 $946.14 $0.00 $1,149.01 $205,310.35
143 $205,310.35 $946.14 $0.00 $1,160.85 $207,417.34
144 $207,417.34 $946.14 $0.00 $1,172.77 $209,536.25
145 $209,536.25 $946.14 $0.00 $1,184.75 $211,667.14
146 $211,667.14 $946.14 $0.00 $1,196.80 $213,810.08
147 $213,810.08 $946.14 $0.00 $1,208.91 $215,965.13
148 $215,965.13 $946.14 $0.00 $1,221.10 $218,132.37
149 $218,132.37 $946.14 $0.00 $1,233.35 $220,311.86
150 $220,311.86 $946.14 $0.00 $1,245.68 $222,503.68
151 $222,503.68 $946.14 $0.00 $1,258.07 $224,707.89
152 $224,707.89 $946.14 $0.00 $1,270.53 $226,924.56
153 $226,924.56 $946.14 $0.00 $1,283.06 $229,153.76
154 $229,153.76 $946.14 $0.00 $1,295.67 $231,395.57
155 $231,395.57 $946.14 $0.00 $1,308.34 $233,650.05
156 $233,650.05 $946.14 $0.00 $1,321.09 $235,917.28
157 $235,917.28 $946.14 $0.00 $1,333.91 $238,197.33
158 $238,197.33 $946.14 $0.00 $1,346.80 $240,490.27
159 $240,490.27 $946.14 $0.00 $1,359.77 $242,796.18
160 $242,796.18 $946.14 $0.00 $1,372.80 $245,115.12
161 $245,115.12 $946.14 $0.00 $1,385.92 $247,447.18
162 $247,447.18 $946.14 $0.00 $1,399.10 $249,792.42
163 $249,792.42 $946.14 $0.00 $1,412.36 $252,150.92
164 $252,150.92 $946.14 $0.00 $1,425.70 $254,522.76
165 $254,522.76 $946.14 $0.00 $1,439.11 $256,908.01
166 $256,908.01 $946.14 $0.00 $1,452.60 $259,306.75
167 $259,306.75 $946.14 $0.00 $1,466.16 $261,719.05
168 $261,719.05 $946.14 $0.00 $1,479.80 $264,144.99
169 $264,144.99 $946.14 $0.00 $1,493.51 $266,584.64
170 $266,584.64 $946.14 $0.00 $1,507.31 $269,038.09
171 $269,038.09 $946.14 $0.00 $1,521.18 $271,505.41
172 $271,505.41 $946.14 $0.00 $1,535.13 $273,986.68
173 $273,986.68 $946.14 $0.00 $1,549.16 $276,481.98
174 $276,481.98 $946.14 $0.00 $1,563.27 $278,991.39
175 $278,991.39 $946.14 $0.00 $1,577.46 $281,514.99
176 $281,514.99 $946.14 $0.00 $1,591.73 $284,052.86
177 $284,052.86 $946.14 $0.00 $1,606.08 $286,605.08
178 $286,605.08 $946.14 $0.00 $1,620.51 $289,171.73
179 $289,171.73 $946.14 $0.00 $1,635.02 $291,752.89
180 $291,752.89 $946.14 $0.00 $1,649.61 $294,348.64
181 $294,348.64 $946.14 $0.00 $1,664.29 $296,959.07
182 $296,959.07 $946.14 $0.00 $1,679.05 $299,584.26
183 $299,584.26 $946.14 $0.00 $1,693.89 $302,224.29
184 $302,224.29 $946.14 $0.00 $1,708.82 $304,879.25
185 $304,879.25 $946.14 $0.00 $1,723.83 $307,549.22
186 $307,549.22 $946.14 $0.00 $1,738.93 $310,234.29
187 $310,234.29 $946.14 $0.00 $1,754.11 $312,934.54
188 $312,934.54 $946.14 $0.00 $1,769.38 $315,650.06
189 $315,650.06 $946.14 $0.00 $1,784.73 $318,380.93
190 $318,380.93 $946.14 $0.00 $1,800.17 $321,127.24
191 $321,127.24 $946.14 $0.00 $1,815.70 $323,889.08
192 $323,889.08 $946.14 $0.00 $1,831.32 $326,666.54
193 $326,666.54 $946.14 $0.00 $1,847.02 $329,459.70
194 $329,459.70 $946.14 $0.00 $1,862.81 $332,268.65
195 $332,268.65 $946.14 $0.00 $1,878.70 $335,093.49
196 $335,093.49 $946.14 $0.00 $1,894.67 $337,934.30
197 $337,934.30 $946.14 $0.00 $1,910.73 $340,791.17
198 $340,791.17 $946.14 $0.00 $1,926.88 $343,664.19
199 $343,664.19 $946.14 $0.00 $1,943.13 $346,553.46
200 $346,553.46 $946.14 $0.00 $1,959.46 $349,459.06
201 $349,459.06 $946.14 $0.00 $1,975.89 $352,381.09
202 $352,381.09 $946.14 $0.00 $1,992.41 $355,319.64
203 $355,319.64 $946.14 $0.00 $2,009.03 $358,274.81
204 $358,274.81 $946.14 $0.00 $2,025.74 $361,246.69
205 $361,246.69 $946.14 $0.00 $2,042.54 $364,235.37
206 $364,235.37 $946.14 $0.00 $2,059.44 $367,240.95
207 $367,240.95 $946.14 $0.00 $2,076.43 $370,263.52
208 $370,263.52 $946.14 $0.00 $2,093.52 $373,303.18
209 $373,303.18 $946.14 $0.00 $2,110.71 $376,360.03
210 $376,360.03 $946.14 $0.00 $2,127.99 $379,434.16
211 $379,434.16 $946.14 $0.00 $2,145.38 $382,525.68
212 $382,525.68 $946.14 $0.00 $2,162.86 $385,634.68
213 $385,634.68 $946.14 $0.00 $2,180.43 $388,761.25
214 $388,761.25 $946.14 $0.00 $2,198.11 $391,905.50
215 $391,905.50 $946.14 $0.00 $2,215.89 $395,067.53
216 $395,067.53 $946.14 $0.00 $2,233.77 $398,247.44
217 $398,247.44 $946.14 $110,925.89 $2,251.75 $290,519.44
218 $290,519.44 $946.14 $0.00 $1,642.64 $293,108.22
219 $293,108.22 $946.14 $0.00 $1,657.28 $295,711.64
220 $295,711.64 $946.14 $0.00 $1,672.00 $298,329.78
221 $298,329.78 $946.14 $0.00 $1,686.80 $300,962.72
222 $300,962.72 $946.14 $0.00 $1,701.69 $303,610.55
223 $303,610.55 $946.14 $0.00 $1,716.66 $306,273.35
224 $306,273.35 $946.14 $0.00 $1,731.71 $308,951.20
225 $308,951.20 $946.14 $0.00 $1,746.86 $311,644.20
226 $311,644.20 $946.14 $0.00 $1,762.08 $314,352.42
227 $314,352.42 $946.14 $0.00 $1,777.39 $317,075.95
228 $317,075.95 $946.14 $0.00 $1,792.79 $319,814.88
229 $319,814.88 $946.14 $116,472.19 $1,808.28 $206,097.11
230 $206,097.11 $946.14 $0.00 $1,165.30 $208,208.55
231 $208,208.55 $946.14 $0.00 $1,177.24 $210,331.93
232 $210,331.93 $946.14 $0.00 $1,189.25 $212,467.32
233 $212,467.32 $946.14 $0.00 $1,201.32 $214,614.78
234 $214,614.78 $946.14 $0.00 $1,213.46 $216,774.38
235 $216,774.38 $946.14 $0.00 $1,225.67 $218,946.19
236 $218,946.19 $946.14 $0.00 $1,237.95 $221,130.28
237 $221,130.28 $946.14 $0.00 $1,250.30 $223,326.72
238 $223,326.72 $946.14 $0.00 $1,262.72 $225,535.58
239 $225,535.58 $946.14 $0.00 $1,275.21 $227,756.93
240 $227,756.93 $946.14 $0.00 $1,287.77 $229,990.84
241 $229,990.84 $946.14 $122,295.80 $1,300.40 $109,941.58
242 $109,941.58 $946.14 $0.00 $621.63 $111,509.35
243 $111,509.35 $946.14 $0.00 $630.49 $113,085.98
244 $113,085.98 $946.14 $0.00 $639.40 $114,671.52
245 $114,671.52 $946.14 $0.00 $648.37 $116,266.03
246 $116,266.03 $946.14 $0.00 $657.39 $117,869.56
247 $117,869.56 $946.14 $0.00 $666.45 $119,482.15
248 $119,482.15 $946.14 $0.00 $675.57 $121,103.86
249 $121,103.86 $946.14 $0.00 $684.74 $122,734.74
250 $122,734.74 $946.14 $0.00 $693.96 $124,374.84
251 $124,374.84 $946.14 $0.00 $703.23 $126,024.21
252 $126,024.21 $946.14 $0.00 $712.56 $127,682.91
253 $127,682.91 $0.00 $128,410.59 $721.94 ($5.74)