How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $124,438 |
Monthly savings required | $985 |
How much will it cost to send your child to LeTourneau University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $497,750.61 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $985.03 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 | $47,986.00 |
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 LeTourneau University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $985.03 | $0.00 | $0.00 | $985.03 |
2 | $985.03 | $985.03 | $0.00 | $5.57 | $1,975.63 |
3 | $1,975.63 | $985.03 | $0.00 | $11.17 | $2,971.83 |
4 | $2,971.83 | $985.03 | $0.00 | $16.80 | $3,973.66 |
5 | $3,973.66 | $985.03 | $0.00 | $22.47 | $4,981.16 |
6 | $4,981.16 | $985.03 | $0.00 | $28.16 | $5,994.35 |
7 | $5,994.35 | $985.03 | $0.00 | $33.89 | $7,013.27 |
8 | $7,013.27 | $985.03 | $0.00 | $39.65 | $8,037.95 |
9 | $8,037.95 | $985.03 | $0.00 | $45.45 | $9,068.43 |
10 | $9,068.43 | $985.03 | $0.00 | $51.27 | $10,104.73 |
11 | $10,104.73 | $985.03 | $0.00 | $57.13 | $11,146.89 |
12 | $11,146.89 | $985.03 | $0.00 | $63.03 | $12,194.95 |
13 | $12,194.95 | $985.03 | $0.00 | $68.95 | $13,248.93 |
14 | $13,248.93 | $985.03 | $0.00 | $74.91 | $14,308.87 |
15 | $14,308.87 | $985.03 | $0.00 | $80.90 | $15,374.80 |
16 | $15,374.80 | $985.03 | $0.00 | $86.93 | $16,446.76 |
17 | $16,446.76 | $985.03 | $0.00 | $92.99 | $17,524.78 |
18 | $17,524.78 | $985.03 | $0.00 | $99.09 | $18,608.90 |
19 | $18,608.90 | $985.03 | $0.00 | $105.22 | $19,699.15 |
20 | $19,699.15 | $985.03 | $0.00 | $111.38 | $20,795.56 |
21 | $20,795.56 | $985.03 | $0.00 | $117.58 | $21,898.17 |
22 | $21,898.17 | $985.03 | $0.00 | $123.82 | $23,007.02 |
23 | $23,007.02 | $985.03 | $0.00 | $130.09 | $24,122.14 |
24 | $24,122.14 | $985.03 | $0.00 | $136.39 | $25,243.56 |
25 | $25,243.56 | $985.03 | $0.00 | $142.73 | $26,371.32 |
26 | $26,371.32 | $985.03 | $0.00 | $149.11 | $27,505.46 |
27 | $27,505.46 | $985.03 | $0.00 | $155.52 | $28,646.01 |
28 | $28,646.01 | $985.03 | $0.00 | $161.97 | $29,793.01 |
29 | $29,793.01 | $985.03 | $0.00 | $168.45 | $30,946.49 |
30 | $30,946.49 | $985.03 | $0.00 | $174.98 | $32,106.50 |
31 | $32,106.50 | $985.03 | $0.00 | $181.53 | $33,273.06 |
32 | $33,273.06 | $985.03 | $0.00 | $188.13 | $34,446.22 |
33 | $34,446.22 | $985.03 | $0.00 | $194.76 | $35,626.01 |
34 | $35,626.01 | $985.03 | $0.00 | $201.43 | $36,812.47 |
35 | $36,812.47 | $985.03 | $0.00 | $208.14 | $38,005.64 |
36 | $38,005.64 | $985.03 | $0.00 | $214.89 | $39,205.56 |
37 | $39,205.56 | $985.03 | $0.00 | $221.67 | $40,412.26 |
38 | $40,412.26 | $985.03 | $0.00 | $228.50 | $41,625.79 |
39 | $41,625.79 | $985.03 | $0.00 | $235.36 | $42,846.18 |
40 | $42,846.18 | $985.03 | $0.00 | $242.26 | $44,073.47 |
41 | $44,073.47 | $985.03 | $0.00 | $249.20 | $45,307.70 |
42 | $45,307.70 | $985.03 | $0.00 | $256.18 | $46,548.91 |
43 | $46,548.91 | $985.03 | $0.00 | $263.19 | $47,797.13 |
44 | $47,797.13 | $985.03 | $0.00 | $270.25 | $49,052.41 |
45 | $49,052.41 | $985.03 | $0.00 | $277.35 | $50,314.79 |
46 | $50,314.79 | $985.03 | $0.00 | $284.49 | $51,584.31 |
47 | $51,584.31 | $985.03 | $0.00 | $291.67 | $52,861.01 |
48 | $52,861.01 | $985.03 | $0.00 | $298.88 | $54,144.92 |
49 | $54,144.92 | $985.03 | $0.00 | $306.14 | $55,436.09 |
50 | $55,436.09 | $985.03 | $0.00 | $313.44 | $56,734.56 |
51 | $56,734.56 | $985.03 | $0.00 | $320.79 | $58,040.38 |
52 | $58,040.38 | $985.03 | $0.00 | $328.17 | $59,353.58 |
53 | $59,353.58 | $985.03 | $0.00 | $335.59 | $60,674.20 |
54 | $60,674.20 | $985.03 | $0.00 | $343.06 | $62,002.29 |
55 | $62,002.29 | $985.03 | $0.00 | $350.57 | $63,337.89 |
56 | $63,337.89 | $985.03 | $0.00 | $358.12 | $64,681.04 |
57 | $64,681.04 | $985.03 | $0.00 | $365.72 | $66,031.79 |
58 | $66,031.79 | $985.03 | $0.00 | $373.35 | $67,390.17 |
59 | $67,390.17 | $985.03 | $0.00 | $381.03 | $68,756.23 |
60 | $68,756.23 | $985.03 | $0.00 | $388.76 | $70,130.02 |
61 | $70,130.02 | $985.03 | $0.00 | $396.53 | $71,511.58 |
62 | $71,511.58 | $985.03 | $0.00 | $404.34 | $72,900.95 |
63 | $72,900.95 | $985.03 | $0.00 | $412.19 | $74,298.17 |
64 | $74,298.17 | $985.03 | $0.00 | $420.09 | $75,703.29 |
65 | $75,703.29 | $985.03 | $0.00 | $428.04 | $77,116.36 |
66 | $77,116.36 | $985.03 | $0.00 | $436.03 | $78,537.42 |
67 | $78,537.42 | $985.03 | $0.00 | $444.06 | $79,966.51 |
68 | $79,966.51 | $985.03 | $0.00 | $452.14 | $81,403.68 |
69 | $81,403.68 | $985.03 | $0.00 | $460.27 | $82,848.98 |
70 | $82,848.98 | $985.03 | $0.00 | $468.44 | $84,302.45 |
71 | $84,302.45 | $985.03 | $0.00 | $476.66 | $85,764.14 |
72 | $85,764.14 | $985.03 | $0.00 | $484.92 | $87,234.09 |
73 | $87,234.09 | $985.03 | $0.00 | $493.23 | $88,712.35 |
74 | $88,712.35 | $985.03 | $0.00 | $501.59 | $90,198.97 |
75 | $90,198.97 | $985.03 | $0.00 | $510.00 | $91,694.00 |
76 | $91,694.00 | $985.03 | $0.00 | $518.45 | $93,197.48 |
77 | $93,197.48 | $985.03 | $0.00 | $526.95 | $94,709.46 |
78 | $94,709.46 | $985.03 | $0.00 | $535.50 | $96,229.99 |
79 | $96,229.99 | $985.03 | $0.00 | $544.10 | $97,759.12 |
80 | $97,759.12 | $985.03 | $0.00 | $552.74 | $99,296.89 |
81 | $99,296.89 | $985.03 | $0.00 | $561.44 | $100,843.36 |
82 | $100,843.36 | $985.03 | $0.00 | $570.18 | $102,398.57 |
83 | $102,398.57 | $985.03 | $0.00 | $578.98 | $103,962.58 |
84 | $103,962.58 | $985.03 | $0.00 | $587.82 | $105,535.43 |
85 | $105,535.43 | $985.03 | $0.00 | $596.71 | $107,117.17 |
86 | $107,117.17 | $985.03 | $0.00 | $605.66 | $108,707.86 |
87 | $108,707.86 | $985.03 | $0.00 | $614.65 | $110,307.54 |
88 | $110,307.54 | $985.03 | $0.00 | $623.69 | $111,916.26 |
89 | $111,916.26 | $985.03 | $0.00 | $632.79 | $113,534.08 |
90 | $113,534.08 | $985.03 | $0.00 | $641.94 | $115,161.05 |
91 | $115,161.05 | $985.03 | $0.00 | $651.14 | $116,797.22 |
92 | $116,797.22 | $985.03 | $0.00 | $660.39 | $118,442.64 |
93 | $118,442.64 | $985.03 | $0.00 | $669.69 | $120,097.36 |
94 | $120,097.36 | $985.03 | $0.00 | $679.05 | $121,761.44 |
95 | $121,761.44 | $985.03 | $0.00 | $688.46 | $123,434.93 |
96 | $123,434.93 | $985.03 | $0.00 | $697.92 | $125,117.88 |
97 | $125,117.88 | $985.03 | $0.00 | $707.43 | $126,810.34 |
98 | $126,810.34 | $985.03 | $0.00 | $717.00 | $128,512.37 |
99 | $128,512.37 | $985.03 | $0.00 | $726.63 | $130,224.03 |
100 | $130,224.03 | $985.03 | $0.00 | $736.31 | $131,945.37 |
101 | $131,945.37 | $985.03 | $0.00 | $746.04 | $133,676.44 |
102 | $133,676.44 | $985.03 | $0.00 | $755.83 | $135,417.30 |
103 | $135,417.30 | $985.03 | $0.00 | $765.67 | $137,168.00 |
104 | $137,168.00 | $985.03 | $0.00 | $775.57 | $138,928.60 |
105 | $138,928.60 | $985.03 | $0.00 | $785.52 | $140,699.15 |
106 | $140,699.15 | $985.03 | $0.00 | $795.53 | $142,479.71 |
107 | $142,479.71 | $985.03 | $0.00 | $805.60 | $144,270.34 |
108 | $144,270.34 | $985.03 | $0.00 | $815.73 | $146,071.10 |
109 | $146,071.10 | $985.03 | $0.00 | $825.91 | $147,882.04 |
110 | $147,882.04 | $985.03 | $0.00 | $836.15 | $149,703.22 |
111 | $149,703.22 | $985.03 | $0.00 | $846.44 | $151,534.69 |
112 | $151,534.69 | $985.03 | $0.00 | $856.80 | $153,376.52 |
113 | $153,376.52 | $985.03 | $0.00 | $867.21 | $155,228.76 |
114 | $155,228.76 | $985.03 | $0.00 | $877.69 | $157,091.48 |
115 | $157,091.48 | $985.03 | $0.00 | $888.22 | $158,964.73 |
116 | $158,964.73 | $985.03 | $0.00 | $898.81 | $160,848.57 |
117 | $160,848.57 | $985.03 | $0.00 | $909.46 | $162,743.06 |
118 | $162,743.06 | $985.03 | $0.00 | $920.17 | $164,648.26 |
119 | $164,648.26 | $985.03 | $0.00 | $930.95 | $166,564.24 |
120 | $166,564.24 | $985.03 | $0.00 | $941.78 | $168,491.05 |
121 | $168,491.05 | $985.03 | $0.00 | $952.67 | $170,428.75 |
122 | $170,428.75 | $985.03 | $0.00 | $963.63 | $172,377.41 |
123 | $172,377.41 | $985.03 | $0.00 | $974.65 | $174,337.09 |
124 | $174,337.09 | $985.03 | $0.00 | $985.73 | $176,307.85 |
125 | $176,307.85 | $985.03 | $0.00 | $996.87 | $178,289.75 |
126 | $178,289.75 | $985.03 | $0.00 | $1,008.08 | $180,282.86 |
127 | $180,282.86 | $985.03 | $0.00 | $1,019.35 | $182,287.24 |
128 | $182,287.24 | $985.03 | $0.00 | $1,030.68 | $184,302.95 |
129 | $184,302.95 | $985.03 | $0.00 | $1,042.08 | $186,330.06 |
130 | $186,330.06 | $985.03 | $0.00 | $1,053.54 | $188,368.63 |
131 | $188,368.63 | $985.03 | $0.00 | $1,065.06 | $190,418.72 |
132 | $190,418.72 | $985.03 | $0.00 | $1,076.66 | $192,480.41 |
133 | $192,480.41 | $985.03 | $0.00 | $1,088.31 | $194,553.75 |
134 | $194,553.75 | $985.03 | $0.00 | $1,100.04 | $196,638.82 |
135 | $196,638.82 | $985.03 | $0.00 | $1,111.82 | $198,735.67 |
136 | $198,735.67 | $985.03 | $0.00 | $1,123.68 | $200,844.38 |
137 | $200,844.38 | $985.03 | $0.00 | $1,135.60 | $202,965.01 |
138 | $202,965.01 | $985.03 | $0.00 | $1,147.59 | $205,097.63 |
139 | $205,097.63 | $985.03 | $0.00 | $1,159.65 | $207,242.31 |
140 | $207,242.31 | $985.03 | $0.00 | $1,171.78 | $209,399.12 |
141 | $209,399.12 | $985.03 | $0.00 | $1,183.97 | $211,568.12 |
142 | $211,568.12 | $985.03 | $0.00 | $1,196.24 | $213,749.39 |
143 | $213,749.39 | $985.03 | $0.00 | $1,208.57 | $215,942.99 |
144 | $215,942.99 | $985.03 | $0.00 | $1,220.97 | $218,148.99 |
145 | $218,148.99 | $985.03 | $0.00 | $1,233.45 | $220,367.47 |
146 | $220,367.47 | $985.03 | $0.00 | $1,245.99 | $222,598.49 |
147 | $222,598.49 | $985.03 | $0.00 | $1,258.60 | $224,842.12 |
148 | $224,842.12 | $985.03 | $0.00 | $1,271.29 | $227,098.44 |
149 | $227,098.44 | $985.03 | $0.00 | $1,284.05 | $229,367.52 |
150 | $229,367.52 | $985.03 | $0.00 | $1,296.88 | $231,649.43 |
151 | $231,649.43 | $985.03 | $0.00 | $1,309.78 | $233,944.24 |
152 | $233,944.24 | $985.03 | $0.00 | $1,322.75 | $236,252.02 |
153 | $236,252.02 | $985.03 | $0.00 | $1,335.80 | $238,572.85 |
154 | $238,572.85 | $985.03 | $0.00 | $1,348.93 | $240,906.81 |
155 | $240,906.81 | $985.03 | $0.00 | $1,362.12 | $243,253.96 |
156 | $243,253.96 | $985.03 | $0.00 | $1,375.39 | $245,614.38 |
157 | $245,614.38 | $985.03 | $0.00 | $1,388.74 | $247,988.15 |
158 | $247,988.15 | $985.03 | $0.00 | $1,402.16 | $250,375.34 |
159 | $250,375.34 | $985.03 | $0.00 | $1,415.66 | $252,776.03 |
160 | $252,776.03 | $985.03 | $0.00 | $1,429.23 | $255,190.29 |
161 | $255,190.29 | $985.03 | $0.00 | $1,442.88 | $257,618.20 |
162 | $257,618.20 | $985.03 | $0.00 | $1,456.61 | $260,059.84 |
163 | $260,059.84 | $985.03 | $0.00 | $1,470.42 | $262,515.29 |
164 | $262,515.29 | $985.03 | $0.00 | $1,484.30 | $264,984.62 |
165 | $264,984.62 | $985.03 | $0.00 | $1,498.26 | $267,467.91 |
166 | $267,467.91 | $985.03 | $0.00 | $1,512.30 | $269,965.24 |
167 | $269,965.24 | $985.03 | $0.00 | $1,526.42 | $272,476.69 |
168 | $272,476.69 | $985.03 | $0.00 | $1,540.62 | $275,002.34 |
169 | $275,002.34 | $985.03 | $0.00 | $1,554.90 | $277,542.27 |
170 | $277,542.27 | $985.03 | $0.00 | $1,569.26 | $280,096.56 |
171 | $280,096.56 | $985.03 | $0.00 | $1,583.71 | $282,665.30 |
172 | $282,665.30 | $985.03 | $0.00 | $1,598.23 | $285,248.56 |
173 | $285,248.56 | $985.03 | $0.00 | $1,612.84 | $287,846.43 |
174 | $287,846.43 | $985.03 | $0.00 | $1,627.53 | $290,458.99 |
175 | $290,458.99 | $985.03 | $0.00 | $1,642.30 | $293,086.32 |
176 | $293,086.32 | $985.03 | $0.00 | $1,657.15 | $295,728.50 |
177 | $295,728.50 | $985.03 | $0.00 | $1,672.09 | $298,385.62 |
178 | $298,385.62 | $985.03 | $0.00 | $1,687.12 | $301,057.77 |
179 | $301,057.77 | $985.03 | $0.00 | $1,702.22 | $303,745.02 |
180 | $303,745.02 | $985.03 | $0.00 | $1,717.42 | $306,447.47 |
181 | $306,447.47 | $985.03 | $0.00 | $1,732.70 | $309,165.20 |
182 | $309,165.20 | $985.03 | $0.00 | $1,748.06 | $311,898.29 |
183 | $311,898.29 | $985.03 | $0.00 | $1,763.52 | $314,646.84 |
184 | $314,646.84 | $985.03 | $0.00 | $1,779.06 | $317,410.93 |
185 | $317,410.93 | $985.03 | $0.00 | $1,794.69 | $320,190.65 |
186 | $320,190.65 | $985.03 | $0.00 | $1,810.40 | $322,986.08 |
187 | $322,986.08 | $985.03 | $0.00 | $1,826.21 | $325,797.32 |
188 | $325,797.32 | $985.03 | $0.00 | $1,842.11 | $328,624.46 |
189 | $328,624.46 | $985.03 | $0.00 | $1,858.09 | $331,467.58 |
190 | $331,467.58 | $985.03 | $0.00 | $1,874.17 | $334,326.78 |
191 | $334,326.78 | $985.03 | $0.00 | $1,890.33 | $337,202.14 |
192 | $337,202.14 | $985.03 | $0.00 | $1,906.59 | $340,093.76 |
193 | $340,093.76 | $985.03 | $0.00 | $1,922.94 | $343,001.73 |
194 | $343,001.73 | $985.03 | $0.00 | $1,939.38 | $345,926.14 |
195 | $345,926.14 | $985.03 | $0.00 | $1,955.92 | $348,867.09 |
196 | $348,867.09 | $985.03 | $0.00 | $1,972.55 | $351,824.67 |
197 | $351,824.67 | $985.03 | $0.00 | $1,989.27 | $354,798.97 |
198 | $354,798.97 | $985.03 | $0.00 | $2,006.08 | $357,790.08 |
199 | $357,790.08 | $985.03 | $0.00 | $2,023.00 | $360,798.11 |
200 | $360,798.11 | $985.03 | $0.00 | $2,040.00 | $363,823.14 |
201 | $363,823.14 | $985.03 | $0.00 | $2,057.11 | $366,865.28 |
202 | $366,865.28 | $985.03 | $0.00 | $2,074.31 | $369,924.62 |
203 | $369,924.62 | $985.03 | $0.00 | $2,091.61 | $373,001.26 |
204 | $373,001.26 | $985.03 | $0.00 | $2,109.00 | $376,095.29 |
205 | $376,095.29 | $985.03 | $0.00 | $2,126.50 | $379,206.82 |
206 | $379,206.82 | $985.03 | $0.00 | $2,144.09 | $382,335.94 |
207 | $382,335.94 | $985.03 | $0.00 | $2,161.78 | $385,482.75 |
208 | $385,482.75 | $985.03 | $0.00 | $2,179.58 | $388,647.36 |
209 | $388,647.36 | $985.03 | $0.00 | $2,197.47 | $391,829.86 |
210 | $391,829.86 | $985.03 | $0.00 | $2,215.46 | $395,030.35 |
211 | $395,030.35 | $985.03 | $0.00 | $2,233.56 | $398,248.94 |
212 | $398,248.94 | $985.03 | $0.00 | $2,251.76 | $401,485.73 |
213 | $401,485.73 | $985.03 | $0.00 | $2,270.06 | $404,740.82 |
214 | $404,740.82 | $985.03 | $0.00 | $2,288.46 | $408,014.31 |
215 | $408,014.31 | $985.03 | $0.00 | $2,306.97 | $411,306.31 |
216 | $411,306.31 | $985.03 | $0.00 | $2,325.59 | $414,616.93 |
217 | $414,616.93 | $985.03 | $115,484.03 | $2,344.30 | $302,462.23 |
218 | $302,462.23 | $985.03 | $0.00 | $1,710.17 | $305,157.43 |
219 | $305,157.43 | $985.03 | $0.00 | $1,725.40 | $307,867.86 |
220 | $307,867.86 | $985.03 | $0.00 | $1,740.73 | $310,593.62 |
221 | $310,593.62 | $985.03 | $0.00 | $1,756.14 | $313,334.79 |
222 | $313,334.79 | $985.03 | $0.00 | $1,771.64 | $316,091.46 |
223 | $316,091.46 | $985.03 | $0.00 | $1,787.23 | $318,863.72 |
224 | $318,863.72 | $985.03 | $0.00 | $1,802.90 | $321,651.65 |
225 | $321,651.65 | $985.03 | $0.00 | $1,818.67 | $324,455.35 |
226 | $324,455.35 | $985.03 | $0.00 | $1,834.52 | $327,274.90 |
227 | $327,274.90 | $985.03 | $0.00 | $1,850.46 | $330,110.39 |
228 | $330,110.39 | $985.03 | $0.00 | $1,866.49 | $332,961.91 |
229 | $332,961.91 | $985.03 | $121,258.23 | $1,882.62 | $214,571.33 |
230 | $214,571.33 | $985.03 | $0.00 | $1,213.22 | $216,769.58 |
231 | $216,769.58 | $985.03 | $0.00 | $1,225.65 | $218,980.26 |
232 | $218,980.26 | $985.03 | $0.00 | $1,238.15 | $221,203.44 |
233 | $221,203.44 | $985.03 | $0.00 | $1,250.72 | $223,439.19 |
234 | $223,439.19 | $985.03 | $0.00 | $1,263.36 | $225,687.58 |
235 | $225,687.58 | $985.03 | $0.00 | $1,276.07 | $227,948.68 |
236 | $227,948.68 | $985.03 | $0.00 | $1,288.85 | $230,222.56 |
237 | $230,222.56 | $985.03 | $0.00 | $1,301.71 | $232,509.30 |
238 | $232,509.30 | $985.03 | $0.00 | $1,314.64 | $234,808.97 |
239 | $234,808.97 | $985.03 | $0.00 | $1,327.64 | $237,121.64 |
240 | $237,121.64 | $985.03 | $0.00 | $1,340.72 | $239,447.39 |
241 | $239,447.39 | $985.03 | $127,321.14 | $1,353.87 | $114,465.15 |
242 | $114,465.15 | $985.03 | $0.00 | $647.20 | $116,097.38 |
243 | $116,097.38 | $985.03 | $0.00 | $656.43 | $117,738.84 |
244 | $117,738.84 | $985.03 | $0.00 | $665.71 | $119,389.58 |
245 | $119,389.58 | $985.03 | $0.00 | $675.05 | $121,049.66 |
246 | $121,049.66 | $985.03 | $0.00 | $684.43 | $122,719.12 |
247 | $122,719.12 | $985.03 | $0.00 | $693.87 | $124,398.02 |
248 | $124,398.02 | $985.03 | $0.00 | $703.36 | $126,086.41 |
249 | $126,086.41 | $985.03 | $0.00 | $712.91 | $127,784.35 |
250 | $127,784.35 | $985.03 | $0.00 | $722.51 | $129,491.89 |
251 | $129,491.89 | $985.03 | $0.00 | $732.17 | $131,209.09 |
252 | $131,209.09 | $985.03 | $0.00 | $741.88 | $132,936.00 |
253 | $132,936.00 | $0.00 | $133,687.20 | $751.64 | $0.44 |