Quantcast

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2038$86,400
Monthly savings required$684

How much will it cost to send your child to Wayland Baptist University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $345,601.94 for students enrolling in 2038 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of $683.93 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$33,318.00
Years until enrollment18
Annual Tuition Increase5%
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 Wayland Baptist University in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $683.93 $0.00 $0.00 $683.93
2 $683.93 $683.93 $0.00 $3.87 $1,371.73
3 $1,371.73 $683.93 $0.00 $7.76 $2,063.42
4 $2,063.42 $683.93 $0.00 $11.67 $2,759.02
5 $2,759.02 $683.93 $0.00 $15.60 $3,458.55
6 $3,458.55 $683.93 $0.00 $19.56 $4,162.04
7 $4,162.04 $683.93 $0.00 $23.53 $4,869.50
8 $4,869.50 $683.93 $0.00 $27.53 $5,580.96
9 $5,580.96 $683.93 $0.00 $31.56 $6,296.45
10 $6,296.45 $683.93 $0.00 $35.60 $7,015.98
11 $7,015.98 $683.93 $0.00 $39.67 $7,739.58
12 $7,739.58 $683.93 $0.00 $43.76 $8,467.27
13 $8,467.27 $683.93 $0.00 $47.88 $9,199.08
14 $9,199.08 $683.93 $0.00 $52.01 $9,935.02
15 $9,935.02 $683.93 $0.00 $56.17 $10,675.12
16 $10,675.12 $683.93 $0.00 $60.36 $11,419.41
17 $11,419.41 $683.93 $0.00 $64.57 $12,167.91
18 $12,167.91 $683.93 $0.00 $68.80 $12,920.64
19 $12,920.64 $683.93 $0.00 $73.06 $13,677.63
20 $13,677.63 $683.93 $0.00 $77.34 $14,438.90
21 $14,438.90 $683.93 $0.00 $81.64 $15,204.47
22 $15,204.47 $683.93 $0.00 $85.97 $15,974.37
23 $15,974.37 $683.93 $0.00 $90.32 $16,748.62
24 $16,748.62 $683.93 $0.00 $94.70 $17,527.25
25 $17,527.25 $683.93 $0.00 $99.10 $18,310.28
26 $18,310.28 $683.93 $0.00 $103.53 $19,097.74
27 $19,097.74 $683.93 $0.00 $107.98 $19,889.65
28 $19,889.65 $683.93 $0.00 $112.46 $20,686.04
29 $20,686.04 $683.93 $0.00 $116.96 $21,486.93
30 $21,486.93 $683.93 $0.00 $121.49 $22,292.35
31 $22,292.35 $683.93 $0.00 $126.04 $23,102.32
32 $23,102.32 $683.93 $0.00 $130.62 $23,916.87
33 $23,916.87 $683.93 $0.00 $135.23 $24,736.03
34 $24,736.03 $683.93 $0.00 $139.86 $25,559.82
35 $25,559.82 $683.93 $0.00 $144.52 $26,388.27
36 $26,388.27 $683.93 $0.00 $149.20 $27,221.40
37 $27,221.40 $683.93 $0.00 $153.91 $28,059.24
38 $28,059.24 $683.93 $0.00 $158.65 $28,901.82
39 $28,901.82 $683.93 $0.00 $163.42 $29,749.17
40 $29,749.17 $683.93 $0.00 $168.21 $30,601.31
41 $30,601.31 $683.93 $0.00 $173.02 $31,458.26
42 $31,458.26 $683.93 $0.00 $177.87 $32,320.06
43 $32,320.06 $683.93 $0.00 $182.74 $33,186.73
44 $33,186.73 $683.93 $0.00 $187.64 $34,058.30
45 $34,058.30 $683.93 $0.00 $192.57 $34,934.80
46 $34,934.80 $683.93 $0.00 $197.53 $35,816.26
47 $35,816.26 $683.93 $0.00 $202.51 $36,702.70
48 $36,702.70 $683.93 $0.00 $207.52 $37,594.15
49 $37,594.15 $683.93 $0.00 $212.56 $38,490.64
50 $38,490.64 $683.93 $0.00 $217.63 $39,392.20
51 $39,392.20 $683.93 $0.00 $222.73 $40,298.86
52 $40,298.86 $683.93 $0.00 $227.86 $41,210.65
53 $41,210.65 $683.93 $0.00 $233.01 $42,127.59
54 $42,127.59 $683.93 $0.00 $238.20 $43,049.72
55 $43,049.72 $683.93 $0.00 $243.41 $43,977.06
56 $43,977.06 $683.93 $0.00 $248.65 $44,909.64
57 $44,909.64 $683.93 $0.00 $253.93 $45,847.50
58 $45,847.50 $683.93 $0.00 $259.23 $46,790.66
59 $46,790.66 $683.93 $0.00 $264.56 $47,739.15
60 $47,739.15 $683.93 $0.00 $269.92 $48,693.00
61 $48,693.00 $683.93 $0.00 $275.32 $49,652.25
62 $49,652.25 $683.93 $0.00 $280.74 $50,616.92
63 $50,616.92 $683.93 $0.00 $286.20 $51,587.05
64 $51,587.05 $683.93 $0.00 $291.68 $52,562.66
65 $52,562.66 $683.93 $0.00 $297.20 $53,543.79
66 $53,543.79 $683.93 $0.00 $302.74 $54,530.46
67 $54,530.46 $683.93 $0.00 $308.32 $55,522.71
68 $55,522.71 $683.93 $0.00 $313.93 $56,520.57
69 $56,520.57 $683.93 $0.00 $319.58 $57,524.08
70 $57,524.08 $683.93 $0.00 $325.25 $58,533.26
71 $58,533.26 $683.93 $0.00 $330.96 $59,548.15
72 $59,548.15 $683.93 $0.00 $336.69 $60,568.77
73 $60,568.77 $683.93 $0.00 $342.46 $61,595.16
74 $61,595.16 $683.93 $0.00 $348.27 $62,627.36
75 $62,627.36 $683.93 $0.00 $354.10 $63,665.39
76 $63,665.39 $683.93 $0.00 $359.97 $64,709.29
77 $64,709.29 $683.93 $0.00 $365.88 $65,759.10
78 $65,759.10 $683.93 $0.00 $371.81 $66,814.84
79 $66,814.84 $683.93 $0.00 $377.78 $67,876.55
80 $67,876.55 $683.93 $0.00 $383.78 $68,944.26
81 $68,944.26 $683.93 $0.00 $389.82 $70,018.01
82 $70,018.01 $683.93 $0.00 $395.89 $71,097.83
83 $71,097.83 $683.93 $0.00 $402.00 $72,183.76
84 $72,183.76 $683.93 $0.00 $408.14 $73,275.83
85 $73,275.83 $683.93 $0.00 $414.31 $74,374.07
86 $74,374.07 $683.93 $0.00 $420.52 $75,478.52
87 $75,478.52 $683.93 $0.00 $426.77 $76,589.22
88 $76,589.22 $683.93 $0.00 $433.05 $77,706.20
89 $77,706.20 $683.93 $0.00 $439.36 $78,829.49
90 $78,829.49 $683.93 $0.00 $445.71 $79,959.13
91 $79,959.13 $683.93 $0.00 $452.10 $81,095.16
92 $81,095.16 $683.93 $0.00 $458.52 $82,237.61
93 $82,237.61 $683.93 $0.00 $464.98 $83,386.52
94 $83,386.52 $683.93 $0.00 $471.48 $84,541.93
95 $84,541.93 $683.93 $0.00 $478.01 $85,703.87
96 $85,703.87 $683.93 $0.00 $484.58 $86,872.38
97 $86,872.38 $683.93 $0.00 $491.19 $88,047.50
98 $88,047.50 $683.93 $0.00 $497.83 $89,229.26
99 $89,229.26 $683.93 $0.00 $504.52 $90,417.71
100 $90,417.71 $683.93 $0.00 $511.23 $91,612.87
101 $91,612.87 $683.93 $0.00 $517.99 $92,814.79
102 $92,814.79 $683.93 $0.00 $524.79 $94,023.51
103 $94,023.51 $683.93 $0.00 $531.62 $95,239.06
104 $95,239.06 $683.93 $0.00 $538.50 $96,461.49
105 $96,461.49 $683.93 $0.00 $545.41 $97,690.83
106 $97,690.83 $683.93 $0.00 $552.36 $98,927.12
107 $98,927.12 $683.93 $0.00 $559.35 $100,170.40
108 $100,170.40 $683.93 $0.00 $566.38 $101,420.71
109 $101,420.71 $683.93 $0.00 $573.45 $102,678.09
110 $102,678.09 $683.93 $0.00 $580.56 $103,942.58
111 $103,942.58 $683.93 $0.00 $587.71 $105,214.22
112 $105,214.22 $683.93 $0.00 $594.90 $106,493.05
113 $106,493.05 $683.93 $0.00 $602.13 $107,779.11
114 $107,779.11 $683.93 $0.00 $609.40 $109,072.44
115 $109,072.44 $683.93 $0.00 $616.71 $110,373.08
116 $110,373.08 $683.93 $0.00 $624.07 $111,681.08
117 $111,681.08 $683.93 $0.00 $631.46 $112,996.47
118 $112,996.47 $683.93 $0.00 $638.90 $114,319.30
119 $114,319.30 $683.93 $0.00 $646.38 $115,649.61
120 $115,649.61 $683.93 $0.00 $653.90 $116,987.44
121 $116,987.44 $683.93 $0.00 $661.46 $118,332.83
122 $118,332.83 $683.93 $0.00 $669.07 $119,685.83
123 $119,685.83 $683.93 $0.00 $676.72 $121,046.48
124 $121,046.48 $683.93 $0.00 $684.41 $122,414.82
125 $122,414.82 $683.93 $0.00 $692.15 $123,790.90
126 $123,790.90 $683.93 $0.00 $699.93 $125,174.76
127 $125,174.76 $683.93 $0.00 $707.76 $126,566.45
128 $126,566.45 $683.93 $0.00 $715.63 $127,966.01
129 $127,966.01 $683.93 $0.00 $723.54 $129,373.48
130 $129,373.48 $683.93 $0.00 $731.50 $130,788.91
131 $130,788.91 $683.93 $0.00 $739.50 $132,212.34
132 $132,212.34 $683.93 $0.00 $747.55 $133,643.82
133 $133,643.82 $683.93 $0.00 $755.64 $135,083.39
134 $135,083.39 $683.93 $0.00 $763.78 $136,531.10
135 $136,531.10 $683.93 $0.00 $771.97 $137,987.00
136 $137,987.00 $683.93 $0.00 $780.20 $139,451.13
137 $139,451.13 $683.93 $0.00 $788.48 $140,923.54
138 $140,923.54 $683.93 $0.00 $796.80 $142,404.27
139 $142,404.27 $683.93 $0.00 $805.17 $143,893.37
140 $143,893.37 $683.93 $0.00 $813.59 $145,390.89
141 $145,390.89 $683.93 $0.00 $822.06 $146,896.88
142 $146,896.88 $683.93 $0.00 $830.58 $148,411.39
143 $148,411.39 $683.93 $0.00 $839.14 $149,934.46
144 $149,934.46 $683.93 $0.00 $847.75 $151,466.14
145 $151,466.14 $683.93 $0.00 $856.41 $153,006.48
146 $153,006.48 $683.93 $0.00 $865.12 $154,555.53
147 $154,555.53 $683.93 $0.00 $873.88 $156,113.34
148 $156,113.34 $683.93 $0.00 $882.69 $157,679.96
149 $157,679.96 $683.93 $0.00 $891.55 $159,255.44
150 $159,255.44 $683.93 $0.00 $900.45 $160,839.82
151 $160,839.82 $683.93 $0.00 $909.41 $162,433.16
152 $162,433.16 $683.93 $0.00 $918.42 $164,035.51
153 $164,035.51 $683.93 $0.00 $927.48 $165,646.92
154 $165,646.92 $683.93 $0.00 $936.59 $167,267.44
155 $167,267.44 $683.93 $0.00 $945.75 $168,897.12
156 $168,897.12 $683.93 $0.00 $954.97 $170,536.02
157 $170,536.02 $683.93 $0.00 $964.24 $172,184.19
158 $172,184.19 $683.93 $0.00 $973.55 $173,841.67
159 $173,841.67 $683.93 $0.00 $982.93 $175,508.53
160 $175,508.53 $683.93 $0.00 $992.35 $177,184.81
161 $177,184.81 $683.93 $0.00 $1,001.83 $178,870.57
162 $178,870.57 $683.93 $0.00 $1,011.36 $180,565.86
163 $180,565.86 $683.93 $0.00 $1,020.95 $182,270.74
164 $182,270.74 $683.93 $0.00 $1,030.59 $183,985.26
165 $183,985.26 $683.93 $0.00 $1,040.28 $185,709.47
166 $185,709.47 $683.93 $0.00 $1,050.03 $187,443.43
167 $187,443.43 $683.93 $0.00 $1,059.83 $189,187.19
168 $189,187.19 $683.93 $0.00 $1,069.69 $190,940.81
169 $190,940.81 $683.93 $0.00 $1,079.61 $192,704.35
170 $192,704.35 $683.93 $0.00 $1,089.58 $194,477.86
171 $194,477.86 $683.93 $0.00 $1,099.61 $196,261.40
172 $196,261.40 $683.93 $0.00 $1,109.69 $198,055.02
173 $198,055.02 $683.93 $0.00 $1,119.83 $199,858.78
174 $199,858.78 $683.93 $0.00 $1,130.03 $201,672.74
175 $201,672.74 $683.93 $0.00 $1,140.29 $203,496.96
176 $203,496.96 $683.93 $0.00 $1,150.60 $205,331.49
177 $205,331.49 $683.93 $0.00 $1,160.97 $207,176.39
178 $207,176.39 $683.93 $0.00 $1,171.41 $209,031.73
179 $209,031.73 $683.93 $0.00 $1,181.90 $210,897.56
180 $210,897.56 $683.93 $0.00 $1,192.45 $212,773.94
181 $212,773.94 $683.93 $0.00 $1,203.05 $214,660.92
182 $214,660.92 $683.93 $0.00 $1,213.72 $216,558.57
183 $216,558.57 $683.93 $0.00 $1,224.45 $218,466.95
184 $218,466.95 $683.93 $0.00 $1,235.24 $220,386.12
185 $220,386.12 $683.93 $0.00 $1,246.10 $222,316.15
186 $222,316.15 $683.93 $0.00 $1,257.01 $224,257.09
187 $224,257.09 $683.93 $0.00 $1,267.98 $226,209.00
188 $226,209.00 $683.93 $0.00 $1,279.02 $228,171.95
189 $228,171.95 $683.93 $0.00 $1,290.12 $230,146.00
190 $230,146.00 $683.93 $0.00 $1,301.28 $232,131.21
191 $232,131.21 $683.93 $0.00 $1,312.50 $234,127.64
192 $234,127.64 $683.93 $0.00 $1,323.79 $236,135.36
193 $236,135.36 $683.93 $0.00 $1,335.14 $238,154.43
194 $238,154.43 $683.93 $0.00 $1,346.56 $240,184.92
195 $240,184.92 $683.93 $0.00 $1,358.04 $242,226.89
196 $242,226.89 $683.93 $0.00 $1,369.59 $244,280.41
197 $244,280.41 $683.93 $0.00 $1,381.20 $246,345.54
198 $246,345.54 $683.93 $0.00 $1,392.87 $248,422.34
199 $248,422.34 $683.93 $0.00 $1,404.62 $250,510.89
200 $250,510.89 $683.93 $0.00 $1,416.42 $252,611.24
201 $252,611.24 $683.93 $0.00 $1,428.30 $254,723.47
202 $254,723.47 $683.93 $0.00 $1,440.24 $256,847.64
203 $256,847.64 $683.93 $0.00 $1,452.25 $258,983.82
204 $258,983.82 $683.93 $0.00 $1,464.33 $261,132.08
205 $261,132.08 $683.93 $0.00 $1,476.48 $263,292.49
206 $263,292.49 $683.93 $0.00 $1,488.69 $265,465.11
207 $265,465.11 $683.93 $0.00 $1,500.98 $267,650.02
208 $267,650.02 $683.93 $0.00 $1,513.33 $269,847.28
209 $269,847.28 $683.93 $0.00 $1,525.76 $272,056.97
210 $272,056.97 $683.93 $0.00 $1,538.25 $274,279.15
211 $274,279.15 $683.93 $0.00 $1,550.81 $276,513.89
212 $276,513.89 $683.93 $0.00 $1,563.45 $278,761.27
213 $278,761.27 $683.93 $0.00 $1,576.16 $281,021.36
214 $281,021.36 $683.93 $0.00 $1,588.94 $283,294.23
215 $283,294.23 $683.93 $0.00 $1,601.79 $285,579.95
216 $285,579.95 $683.93 $0.00 $1,614.71 $287,878.59
217 $287,878.59 $683.93 $80,183.74 $1,627.71 $210,006.49
218 $210,006.49 $683.93 $0.00 $1,187.41 $211,877.83
219 $211,877.83 $683.93 $0.00 $1,197.99 $213,759.75
220 $213,759.75 $683.93 $0.00 $1,208.63 $215,652.31
221 $215,652.31 $683.93 $0.00 $1,219.33 $217,555.57
222 $217,555.57 $683.93 $0.00 $1,230.09 $219,469.59
223 $219,469.59 $683.93 $0.00 $1,240.91 $221,394.43
224 $221,394.43 $683.93 $0.00 $1,251.80 $223,330.16
225 $223,330.16 $683.93 $0.00 $1,262.74 $225,276.83
226 $225,276.83 $683.93 $0.00 $1,273.75 $227,234.51
227 $227,234.51 $683.93 $0.00 $1,284.82 $229,203.26
228 $229,203.26 $683.93 $0.00 $1,295.95 $231,183.14
229 $231,183.14 $683.93 $84,192.93 $1,307.14 $148,981.28
230 $148,981.28 $683.93 $0.00 $842.36 $150,507.57
231 $150,507.57 $683.93 $0.00 $850.99 $152,042.49
232 $152,042.49 $683.93 $0.00 $859.67 $153,586.09
233 $153,586.09 $683.93 $0.00 $868.40 $155,138.42
234 $155,138.42 $683.93 $0.00 $877.18 $156,699.53
235 $156,699.53 $683.93 $0.00 $886.00 $158,269.46
236 $158,269.46 $683.93 $0.00 $894.88 $159,848.27
237 $159,848.27 $683.93 $0.00 $903.81 $161,436.01
238 $161,436.01 $683.93 $0.00 $912.78 $163,032.72
239 $163,032.72 $683.93 $0.00 $921.81 $164,638.46
240 $164,638.46 $683.93 $0.00 $930.89 $166,253.28
241 $166,253.28 $683.93 $88,402.57 $940.02 $79,474.66
242 $79,474.66 $683.93 $0.00 $449.36 $80,607.95
243 $80,607.95 $683.93 $0.00 $455.77 $81,747.65
244 $81,747.65 $683.93 $0.00 $462.21 $82,893.79
245 $82,893.79 $683.93 $0.00 $468.69 $84,046.41
246 $84,046.41 $683.93 $0.00 $475.21 $85,205.55
247 $85,205.55 $683.93 $0.00 $481.76 $86,371.24
248 $86,371.24 $683.93 $0.00 $488.36 $87,543.53
249 $87,543.53 $683.93 $0.00 $494.98 $88,722.44
250 $88,722.44 $683.93 $0.00 $501.65 $89,908.02
251 $89,908.02 $683.93 $0.00 $508.35 $91,100.30
252 $91,100.30 $683.93 $0.00 $515.09 $92,299.32
253 $92,299.32 $0.00 $92,822.70 $521.87 ($1.51)