How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $87,329 |
Monthly savings required | $691 |
How much will it cost to send your child to Claflin University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $349,315.41 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $691.28 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 | $33,676.00 |
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 Claflin University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $691.28 | $0.00 | $0.00 | $691.28 |
2 | $691.28 | $691.28 | $0.00 | $3.91 | $1,386.47 |
3 | $1,386.47 | $691.28 | $0.00 | $7.84 | $2,085.59 |
4 | $2,085.59 | $691.28 | $0.00 | $11.79 | $2,788.66 |
5 | $2,788.66 | $691.28 | $0.00 | $15.77 | $3,495.71 |
6 | $3,495.71 | $691.28 | $0.00 | $19.77 | $4,206.76 |
7 | $4,206.76 | $691.28 | $0.00 | $23.79 | $4,921.83 |
8 | $4,921.83 | $691.28 | $0.00 | $27.83 | $5,640.94 |
9 | $5,640.94 | $691.28 | $0.00 | $31.89 | $6,364.11 |
10 | $6,364.11 | $691.28 | $0.00 | $35.98 | $7,091.37 |
11 | $7,091.37 | $691.28 | $0.00 | $40.10 | $7,822.75 |
12 | $7,822.75 | $691.28 | $0.00 | $44.23 | $8,558.26 |
13 | $8,558.26 | $691.28 | $0.00 | $48.39 | $9,297.93 |
14 | $9,297.93 | $691.28 | $0.00 | $52.57 | $10,041.78 |
15 | $10,041.78 | $691.28 | $0.00 | $56.78 | $10,789.84 |
16 | $10,789.84 | $691.28 | $0.00 | $61.01 | $11,542.13 |
17 | $11,542.13 | $691.28 | $0.00 | $65.26 | $12,298.67 |
18 | $12,298.67 | $691.28 | $0.00 | $69.54 | $13,059.49 |
19 | $13,059.49 | $691.28 | $0.00 | $73.84 | $13,824.61 |
20 | $13,824.61 | $691.28 | $0.00 | $78.17 | $14,594.06 |
21 | $14,594.06 | $691.28 | $0.00 | $82.52 | $15,367.86 |
22 | $15,367.86 | $691.28 | $0.00 | $86.89 | $16,146.03 |
23 | $16,146.03 | $691.28 | $0.00 | $91.29 | $16,928.60 |
24 | $16,928.60 | $691.28 | $0.00 | $95.72 | $17,715.60 |
25 | $17,715.60 | $691.28 | $0.00 | $100.17 | $18,507.05 |
26 | $18,507.05 | $691.28 | $0.00 | $104.64 | $19,302.97 |
27 | $19,302.97 | $691.28 | $0.00 | $109.14 | $20,103.39 |
28 | $20,103.39 | $691.28 | $0.00 | $113.67 | $20,908.34 |
29 | $20,908.34 | $691.28 | $0.00 | $118.22 | $21,717.84 |
30 | $21,717.84 | $691.28 | $0.00 | $122.80 | $22,531.92 |
31 | $22,531.92 | $691.28 | $0.00 | $127.40 | $23,350.60 |
32 | $23,350.60 | $691.28 | $0.00 | $132.03 | $24,173.91 |
33 | $24,173.91 | $691.28 | $0.00 | $136.68 | $25,001.87 |
34 | $25,001.87 | $691.28 | $0.00 | $141.36 | $25,834.51 |
35 | $25,834.51 | $691.28 | $0.00 | $146.07 | $26,671.86 |
36 | $26,671.86 | $691.28 | $0.00 | $150.81 | $27,513.95 |
37 | $27,513.95 | $691.28 | $0.00 | $155.57 | $28,360.80 |
38 | $28,360.80 | $691.28 | $0.00 | $160.36 | $29,212.44 |
39 | $29,212.44 | $691.28 | $0.00 | $165.17 | $30,068.89 |
40 | $30,068.89 | $691.28 | $0.00 | $170.01 | $30,930.18 |
41 | $30,930.18 | $691.28 | $0.00 | $174.88 | $31,796.34 |
42 | $31,796.34 | $691.28 | $0.00 | $179.78 | $32,667.40 |
43 | $32,667.40 | $691.28 | $0.00 | $184.71 | $33,543.39 |
44 | $33,543.39 | $691.28 | $0.00 | $189.66 | $34,424.33 |
45 | $34,424.33 | $691.28 | $0.00 | $194.64 | $35,310.25 |
46 | $35,310.25 | $691.28 | $0.00 | $199.65 | $36,201.18 |
47 | $36,201.18 | $691.28 | $0.00 | $204.69 | $37,097.15 |
48 | $37,097.15 | $691.28 | $0.00 | $209.75 | $37,998.18 |
49 | $37,998.18 | $691.28 | $0.00 | $214.85 | $38,904.31 |
50 | $38,904.31 | $691.28 | $0.00 | $219.97 | $39,815.56 |
51 | $39,815.56 | $691.28 | $0.00 | $225.12 | $40,731.96 |
52 | $40,731.96 | $691.28 | $0.00 | $230.30 | $41,653.54 |
53 | $41,653.54 | $691.28 | $0.00 | $235.52 | $42,580.34 |
54 | $42,580.34 | $691.28 | $0.00 | $240.76 | $43,512.38 |
55 | $43,512.38 | $691.28 | $0.00 | $246.03 | $44,449.69 |
56 | $44,449.69 | $691.28 | $0.00 | $251.33 | $45,392.30 |
57 | $45,392.30 | $691.28 | $0.00 | $256.65 | $46,340.23 |
58 | $46,340.23 | $691.28 | $0.00 | $262.01 | $47,293.52 |
59 | $47,293.52 | $691.28 | $0.00 | $267.40 | $48,252.20 |
60 | $48,252.20 | $691.28 | $0.00 | $272.82 | $49,216.30 |
61 | $49,216.30 | $691.28 | $0.00 | $278.28 | $50,185.86 |
62 | $50,185.86 | $691.28 | $0.00 | $283.76 | $51,160.90 |
63 | $51,160.90 | $691.28 | $0.00 | $289.27 | $52,141.45 |
64 | $52,141.45 | $691.28 | $0.00 | $294.82 | $53,127.55 |
65 | $53,127.55 | $691.28 | $0.00 | $300.39 | $54,119.22 |
66 | $54,119.22 | $691.28 | $0.00 | $306.00 | $55,116.50 |
67 | $55,116.50 | $691.28 | $0.00 | $311.64 | $56,119.42 |
68 | $56,119.42 | $691.28 | $0.00 | $317.31 | $57,128.01 |
69 | $57,128.01 | $691.28 | $0.00 | $323.01 | $58,142.30 |
70 | $58,142.30 | $691.28 | $0.00 | $328.75 | $59,162.33 |
71 | $59,162.33 | $691.28 | $0.00 | $334.51 | $60,188.12 |
72 | $60,188.12 | $691.28 | $0.00 | $340.31 | $61,219.71 |
73 | $61,219.71 | $691.28 | $0.00 | $346.15 | $62,257.14 |
74 | $62,257.14 | $691.28 | $0.00 | $352.01 | $63,300.43 |
75 | $63,300.43 | $691.28 | $0.00 | $357.91 | $64,349.62 |
76 | $64,349.62 | $691.28 | $0.00 | $363.84 | $65,404.74 |
77 | $65,404.74 | $691.28 | $0.00 | $369.81 | $66,465.83 |
78 | $66,465.83 | $691.28 | $0.00 | $375.81 | $67,532.92 |
79 | $67,532.92 | $691.28 | $0.00 | $381.84 | $68,606.04 |
80 | $68,606.04 | $691.28 | $0.00 | $387.91 | $69,685.23 |
81 | $69,685.23 | $691.28 | $0.00 | $394.01 | $70,770.52 |
82 | $70,770.52 | $691.28 | $0.00 | $400.15 | $71,861.95 |
83 | $71,861.95 | $691.28 | $0.00 | $406.32 | $72,959.55 |
84 | $72,959.55 | $691.28 | $0.00 | $412.52 | $74,063.35 |
85 | $74,063.35 | $691.28 | $0.00 | $418.76 | $75,173.39 |
86 | $75,173.39 | $691.28 | $0.00 | $425.04 | $76,289.71 |
87 | $76,289.71 | $691.28 | $0.00 | $431.35 | $77,412.34 |
88 | $77,412.34 | $691.28 | $0.00 | $437.70 | $78,541.32 |
89 | $78,541.32 | $691.28 | $0.00 | $444.08 | $79,676.68 |
90 | $79,676.68 | $691.28 | $0.00 | $450.50 | $80,818.46 |
91 | $80,818.46 | $691.28 | $0.00 | $456.96 | $81,966.70 |
92 | $81,966.70 | $691.28 | $0.00 | $463.45 | $83,121.43 |
93 | $83,121.43 | $691.28 | $0.00 | $469.98 | $84,282.69 |
94 | $84,282.69 | $691.28 | $0.00 | $476.55 | $85,450.52 |
95 | $85,450.52 | $691.28 | $0.00 | $483.15 | $86,624.95 |
96 | $86,624.95 | $691.28 | $0.00 | $489.79 | $87,806.02 |
97 | $87,806.02 | $691.28 | $0.00 | $496.47 | $88,993.77 |
98 | $88,993.77 | $691.28 | $0.00 | $503.18 | $90,188.23 |
99 | $90,188.23 | $691.28 | $0.00 | $509.94 | $91,389.45 |
100 | $91,389.45 | $691.28 | $0.00 | $516.73 | $92,597.46 |
101 | $92,597.46 | $691.28 | $0.00 | $523.56 | $93,812.30 |
102 | $93,812.30 | $691.28 | $0.00 | $530.43 | $95,034.01 |
103 | $95,034.01 | $691.28 | $0.00 | $537.34 | $96,262.63 |
104 | $96,262.63 | $691.28 | $0.00 | $544.28 | $97,498.19 |
105 | $97,498.19 | $691.28 | $0.00 | $551.27 | $98,740.74 |
106 | $98,740.74 | $691.28 | $0.00 | $558.29 | $99,990.31 |
107 | $99,990.31 | $691.28 | $0.00 | $565.36 | $101,246.95 |
108 | $101,246.95 | $691.28 | $0.00 | $572.46 | $102,510.69 |
109 | $102,510.69 | $691.28 | $0.00 | $579.61 | $103,781.58 |
110 | $103,781.58 | $691.28 | $0.00 | $586.80 | $105,059.66 |
111 | $105,059.66 | $691.28 | $0.00 | $594.02 | $106,344.96 |
112 | $106,344.96 | $691.28 | $0.00 | $601.29 | $107,637.53 |
113 | $107,637.53 | $691.28 | $0.00 | $608.60 | $108,937.41 |
114 | $108,937.41 | $691.28 | $0.00 | $615.95 | $110,244.64 |
115 | $110,244.64 | $691.28 | $0.00 | $623.34 | $111,559.26 |
116 | $111,559.26 | $691.28 | $0.00 | $630.77 | $112,881.31 |
117 | $112,881.31 | $691.28 | $0.00 | $638.25 | $114,210.84 |
118 | $114,210.84 | $691.28 | $0.00 | $645.76 | $115,547.88 |
119 | $115,547.88 | $691.28 | $0.00 | $653.32 | $116,892.48 |
120 | $116,892.48 | $691.28 | $0.00 | $660.93 | $118,244.69 |
121 | $118,244.69 | $691.28 | $0.00 | $668.57 | $119,604.54 |
122 | $119,604.54 | $691.28 | $0.00 | $676.26 | $120,972.08 |
123 | $120,972.08 | $691.28 | $0.00 | $683.99 | $122,347.35 |
124 | $122,347.35 | $691.28 | $0.00 | $691.77 | $123,730.40 |
125 | $123,730.40 | $691.28 | $0.00 | $699.59 | $125,121.27 |
126 | $125,121.27 | $691.28 | $0.00 | $707.45 | $126,520.00 |
127 | $126,520.00 | $691.28 | $0.00 | $715.36 | $127,926.64 |
128 | $127,926.64 | $691.28 | $0.00 | $723.32 | $129,341.24 |
129 | $129,341.24 | $691.28 | $0.00 | $731.31 | $130,763.83 |
130 | $130,763.83 | $691.28 | $0.00 | $739.36 | $132,194.47 |
131 | $132,194.47 | $691.28 | $0.00 | $747.45 | $133,633.20 |
132 | $133,633.20 | $691.28 | $0.00 | $755.58 | $135,080.06 |
133 | $135,080.06 | $691.28 | $0.00 | $763.76 | $136,535.10 |
134 | $136,535.10 | $691.28 | $0.00 | $771.99 | $137,998.37 |
135 | $137,998.37 | $691.28 | $0.00 | $780.26 | $139,469.91 |
136 | $139,469.91 | $691.28 | $0.00 | $788.58 | $140,949.77 |
137 | $140,949.77 | $691.28 | $0.00 | $796.95 | $142,438.00 |
138 | $142,438.00 | $691.28 | $0.00 | $805.37 | $143,934.65 |
139 | $143,934.65 | $691.28 | $0.00 | $813.83 | $145,439.76 |
140 | $145,439.76 | $691.28 | $0.00 | $822.34 | $146,953.38 |
141 | $146,953.38 | $691.28 | $0.00 | $830.90 | $148,475.56 |
142 | $148,475.56 | $691.28 | $0.00 | $839.50 | $150,006.34 |
143 | $150,006.34 | $691.28 | $0.00 | $848.16 | $151,545.78 |
144 | $151,545.78 | $691.28 | $0.00 | $856.86 | $153,093.92 |
145 | $153,093.92 | $691.28 | $0.00 | $865.62 | $154,650.82 |
146 | $154,650.82 | $691.28 | $0.00 | $874.42 | $156,216.52 |
147 | $156,216.52 | $691.28 | $0.00 | $883.27 | $157,791.07 |
148 | $157,791.07 | $691.28 | $0.00 | $892.17 | $159,374.52 |
149 | $159,374.52 | $691.28 | $0.00 | $901.13 | $160,966.93 |
150 | $160,966.93 | $691.28 | $0.00 | $910.13 | $162,568.34 |
151 | $162,568.34 | $691.28 | $0.00 | $919.19 | $164,178.81 |
152 | $164,178.81 | $691.28 | $0.00 | $928.29 | $165,798.38 |
153 | $165,798.38 | $691.28 | $0.00 | $937.45 | $167,427.11 |
154 | $167,427.11 | $691.28 | $0.00 | $946.66 | $169,065.05 |
155 | $169,065.05 | $691.28 | $0.00 | $955.92 | $170,712.25 |
156 | $170,712.25 | $691.28 | $0.00 | $965.23 | $172,368.76 |
157 | $172,368.76 | $691.28 | $0.00 | $974.60 | $174,034.64 |
158 | $174,034.64 | $691.28 | $0.00 | $984.02 | $175,709.94 |
159 | $175,709.94 | $691.28 | $0.00 | $993.49 | $177,394.71 |
160 | $177,394.71 | $691.28 | $0.00 | $1,003.02 | $179,089.01 |
161 | $179,089.01 | $691.28 | $0.00 | $1,012.60 | $180,792.89 |
162 | $180,792.89 | $691.28 | $0.00 | $1,022.23 | $182,506.40 |
163 | $182,506.40 | $691.28 | $0.00 | $1,031.92 | $184,229.60 |
164 | $184,229.60 | $691.28 | $0.00 | $1,041.66 | $185,962.54 |
165 | $185,962.54 | $691.28 | $0.00 | $1,051.46 | $187,705.28 |
166 | $187,705.28 | $691.28 | $0.00 | $1,061.31 | $189,457.87 |
167 | $189,457.87 | $691.28 | $0.00 | $1,071.22 | $191,220.37 |
168 | $191,220.37 | $691.28 | $0.00 | $1,081.19 | $192,992.84 |
169 | $192,992.84 | $691.28 | $0.00 | $1,091.21 | $194,775.33 |
170 | $194,775.33 | $691.28 | $0.00 | $1,101.29 | $196,567.90 |
171 | $196,567.90 | $691.28 | $0.00 | $1,111.42 | $198,370.60 |
172 | $198,370.60 | $691.28 | $0.00 | $1,121.62 | $200,183.50 |
173 | $200,183.50 | $691.28 | $0.00 | $1,131.87 | $202,006.65 |
174 | $202,006.65 | $691.28 | $0.00 | $1,142.17 | $203,840.10 |
175 | $203,840.10 | $691.28 | $0.00 | $1,152.54 | $205,683.92 |
176 | $205,683.92 | $691.28 | $0.00 | $1,162.97 | $207,538.17 |
177 | $207,538.17 | $691.28 | $0.00 | $1,173.45 | $209,402.90 |
178 | $209,402.90 | $691.28 | $0.00 | $1,183.99 | $211,278.17 |
179 | $211,278.17 | $691.28 | $0.00 | $1,194.60 | $213,164.05 |
180 | $213,164.05 | $691.28 | $0.00 | $1,205.26 | $215,060.59 |
181 | $215,060.59 | $691.28 | $0.00 | $1,215.98 | $216,967.85 |
182 | $216,967.85 | $691.28 | $0.00 | $1,226.77 | $218,885.90 |
183 | $218,885.90 | $691.28 | $0.00 | $1,237.61 | $220,814.79 |
184 | $220,814.79 | $691.28 | $0.00 | $1,248.52 | $222,754.59 |
185 | $222,754.59 | $691.28 | $0.00 | $1,259.49 | $224,705.36 |
186 | $224,705.36 | $691.28 | $0.00 | $1,270.52 | $226,667.16 |
187 | $226,667.16 | $691.28 | $0.00 | $1,281.61 | $228,640.05 |
188 | $228,640.05 | $691.28 | $0.00 | $1,292.76 | $230,624.09 |
189 | $230,624.09 | $691.28 | $0.00 | $1,303.98 | $232,619.35 |
190 | $232,619.35 | $691.28 | $0.00 | $1,315.26 | $234,625.89 |
191 | $234,625.89 | $691.28 | $0.00 | $1,326.61 | $236,643.78 |
192 | $236,643.78 | $691.28 | $0.00 | $1,338.02 | $238,673.08 |
193 | $238,673.08 | $691.28 | $0.00 | $1,349.49 | $240,713.85 |
194 | $240,713.85 | $691.28 | $0.00 | $1,361.03 | $242,766.16 |
195 | $242,766.16 | $691.28 | $0.00 | $1,372.64 | $244,830.08 |
196 | $244,830.08 | $691.28 | $0.00 | $1,384.30 | $246,905.66 |
197 | $246,905.66 | $691.28 | $0.00 | $1,396.04 | $248,992.98 |
198 | $248,992.98 | $691.28 | $0.00 | $1,407.84 | $251,092.10 |
199 | $251,092.10 | $691.28 | $0.00 | $1,419.71 | $253,203.09 |
200 | $253,203.09 | $691.28 | $0.00 | $1,431.65 | $255,326.02 |
201 | $255,326.02 | $691.28 | $0.00 | $1,443.65 | $257,460.95 |
202 | $257,460.95 | $691.28 | $0.00 | $1,455.72 | $259,607.95 |
203 | $259,607.95 | $691.28 | $0.00 | $1,467.86 | $261,767.09 |
204 | $261,767.09 | $691.28 | $0.00 | $1,480.07 | $263,938.44 |
205 | $263,938.44 | $691.28 | $0.00 | $1,492.35 | $266,122.07 |
206 | $266,122.07 | $691.28 | $0.00 | $1,504.69 | $268,318.04 |
207 | $268,318.04 | $691.28 | $0.00 | $1,517.11 | $270,526.43 |
208 | $270,526.43 | $691.28 | $0.00 | $1,529.60 | $272,747.31 |
209 | $272,747.31 | $691.28 | $0.00 | $1,542.15 | $274,980.74 |
210 | $274,980.74 | $691.28 | $0.00 | $1,554.78 | $277,226.80 |
211 | $277,226.80 | $691.28 | $0.00 | $1,567.48 | $279,485.56 |
212 | $279,485.56 | $691.28 | $0.00 | $1,580.25 | $281,757.09 |
213 | $281,757.09 | $691.28 | $0.00 | $1,593.10 | $284,041.47 |
214 | $284,041.47 | $691.28 | $0.00 | $1,606.01 | $286,338.76 |
215 | $286,338.76 | $691.28 | $0.00 | $1,619.00 | $288,649.04 |
216 | $288,649.04 | $691.28 | $0.00 | $1,632.06 | $290,972.38 |
217 | $290,972.38 | $691.28 | $81,045.31 | $1,645.20 | $212,263.55 |
218 | $212,263.55 | $691.28 | $0.00 | $1,200.17 | $214,155.00 |
219 | $214,155.00 | $691.28 | $0.00 | $1,210.86 | $216,057.14 |
220 | $216,057.14 | $691.28 | $0.00 | $1,221.62 | $217,970.04 |
221 | $217,970.04 | $691.28 | $0.00 | $1,232.43 | $219,893.75 |
222 | $219,893.75 | $691.28 | $0.00 | $1,243.31 | $221,828.34 |
223 | $221,828.34 | $691.28 | $0.00 | $1,254.25 | $223,773.87 |
224 | $223,773.87 | $691.28 | $0.00 | $1,265.25 | $225,730.40 |
225 | $225,730.40 | $691.28 | $0.00 | $1,276.31 | $227,697.99 |
226 | $227,697.99 | $691.28 | $0.00 | $1,287.44 | $229,676.71 |
227 | $229,676.71 | $691.28 | $0.00 | $1,298.63 | $231,666.62 |
228 | $231,666.62 | $691.28 | $0.00 | $1,309.88 | $233,667.78 |
229 | $233,667.78 | $691.28 | $85,097.57 | $1,321.19 | $150,582.68 |
230 | $150,582.68 | $691.28 | $0.00 | $851.42 | $152,125.38 |
231 | $152,125.38 | $691.28 | $0.00 | $860.14 | $153,676.80 |
232 | $153,676.80 | $691.28 | $0.00 | $868.91 | $155,236.99 |
233 | $155,236.99 | $691.28 | $0.00 | $877.73 | $156,806.00 |
234 | $156,806.00 | $691.28 | $0.00 | $886.60 | $158,383.88 |
235 | $158,383.88 | $691.28 | $0.00 | $895.53 | $159,970.69 |
236 | $159,970.69 | $691.28 | $0.00 | $904.50 | $161,566.47 |
237 | $161,566.47 | $691.28 | $0.00 | $913.52 | $163,171.27 |
238 | $163,171.27 | $691.28 | $0.00 | $922.59 | $164,785.14 |
239 | $164,785.14 | $691.28 | $0.00 | $931.72 | $166,408.14 |
240 | $166,408.14 | $691.28 | $0.00 | $940.90 | $168,040.32 |
241 | $168,040.32 | $691.28 | $89,352.45 | $950.12 | $80,329.27 |
242 | $80,329.27 | $691.28 | $0.00 | $454.19 | $81,474.74 |
243 | $81,474.74 | $691.28 | $0.00 | $460.67 | $82,626.69 |
244 | $82,626.69 | $691.28 | $0.00 | $467.18 | $83,785.15 |
245 | $83,785.15 | $691.28 | $0.00 | $473.73 | $84,950.16 |
246 | $84,950.16 | $691.28 | $0.00 | $480.32 | $86,121.76 |
247 | $86,121.76 | $691.28 | $0.00 | $486.94 | $87,299.98 |
248 | $87,299.98 | $691.28 | $0.00 | $493.61 | $88,484.87 |
249 | $88,484.87 | $691.28 | $0.00 | $500.31 | $89,676.46 |
250 | $89,676.46 | $691.28 | $0.00 | $507.04 | $90,874.78 |
251 | $90,874.78 | $691.28 | $0.00 | $513.82 | $92,079.88 |
252 | $92,079.88 | $691.28 | $0.00 | $520.63 | $93,291.79 |
253 | $93,291.79 | $0.00 | $93,820.08 | $527.49 | ($0.80) |