How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $62,771 |
Monthly savings required | $497 |
How much will it cost to send your child to West Texas A & M University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $251,084.72 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $496.89 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 | $24,206.00 |
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 West Texas A & M University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $496.89 | $0.00 | $0.00 | $496.89 |
2 | $496.89 | $496.89 | $0.00 | $2.81 | $996.59 |
3 | $996.59 | $496.89 | $0.00 | $5.63 | $1,499.11 |
4 | $1,499.11 | $496.89 | $0.00 | $8.48 | $2,004.48 |
5 | $2,004.48 | $496.89 | $0.00 | $11.33 | $2,512.70 |
6 | $2,512.70 | $496.89 | $0.00 | $14.21 | $3,023.80 |
7 | $3,023.80 | $496.89 | $0.00 | $17.10 | $3,537.79 |
8 | $3,537.79 | $496.89 | $0.00 | $20.00 | $4,054.68 |
9 | $4,054.68 | $496.89 | $0.00 | $22.93 | $4,574.50 |
10 | $4,574.50 | $496.89 | $0.00 | $25.86 | $5,097.25 |
11 | $5,097.25 | $496.89 | $0.00 | $28.82 | $5,622.96 |
12 | $5,622.96 | $496.89 | $0.00 | $31.79 | $6,151.64 |
13 | $6,151.64 | $496.89 | $0.00 | $34.78 | $6,683.31 |
14 | $6,683.31 | $496.89 | $0.00 | $37.79 | $7,217.99 |
15 | $7,217.99 | $496.89 | $0.00 | $40.81 | $7,755.69 |
16 | $7,755.69 | $496.89 | $0.00 | $43.85 | $8,296.43 |
17 | $8,296.43 | $496.89 | $0.00 | $46.91 | $8,840.23 |
18 | $8,840.23 | $496.89 | $0.00 | $49.98 | $9,387.10 |
19 | $9,387.10 | $496.89 | $0.00 | $53.08 | $9,937.07 |
20 | $9,937.07 | $496.89 | $0.00 | $56.19 | $10,490.15 |
21 | $10,490.15 | $496.89 | $0.00 | $59.31 | $11,046.35 |
22 | $11,046.35 | $496.89 | $0.00 | $62.46 | $11,605.70 |
23 | $11,605.70 | $496.89 | $0.00 | $65.62 | $12,168.21 |
24 | $12,168.21 | $496.89 | $0.00 | $68.80 | $12,733.90 |
25 | $12,733.90 | $496.89 | $0.00 | $72.00 | $13,302.79 |
26 | $13,302.79 | $496.89 | $0.00 | $75.22 | $13,874.90 |
27 | $13,874.90 | $496.89 | $0.00 | $78.45 | $14,450.24 |
28 | $14,450.24 | $496.89 | $0.00 | $81.70 | $15,028.83 |
29 | $15,028.83 | $496.89 | $0.00 | $84.98 | $15,610.70 |
30 | $15,610.70 | $496.89 | $0.00 | $88.27 | $16,195.86 |
31 | $16,195.86 | $496.89 | $0.00 | $91.57 | $16,784.32 |
32 | $16,784.32 | $496.89 | $0.00 | $94.90 | $17,376.11 |
33 | $17,376.11 | $496.89 | $0.00 | $98.25 | $17,971.25 |
34 | $17,971.25 | $496.89 | $0.00 | $101.61 | $18,569.75 |
35 | $18,569.75 | $496.89 | $0.00 | $105.00 | $19,171.64 |
36 | $19,171.64 | $496.89 | $0.00 | $108.40 | $19,776.93 |
37 | $19,776.93 | $496.89 | $0.00 | $111.82 | $20,385.64 |
38 | $20,385.64 | $496.89 | $0.00 | $115.26 | $20,997.79 |
39 | $20,997.79 | $496.89 | $0.00 | $118.72 | $21,613.40 |
40 | $21,613.40 | $496.89 | $0.00 | $122.21 | $22,232.50 |
41 | $22,232.50 | $496.89 | $0.00 | $125.71 | $22,855.10 |
42 | $22,855.10 | $496.89 | $0.00 | $129.23 | $23,481.22 |
43 | $23,481.22 | $496.89 | $0.00 | $132.77 | $24,110.88 |
44 | $24,110.88 | $496.89 | $0.00 | $136.33 | $24,744.10 |
45 | $24,744.10 | $496.89 | $0.00 | $139.91 | $25,380.90 |
46 | $25,380.90 | $496.89 | $0.00 | $143.51 | $26,021.30 |
47 | $26,021.30 | $496.89 | $0.00 | $147.13 | $26,665.32 |
48 | $26,665.32 | $496.89 | $0.00 | $150.77 | $27,312.98 |
49 | $27,312.98 | $496.89 | $0.00 | $154.43 | $27,964.30 |
50 | $27,964.30 | $496.89 | $0.00 | $158.11 | $28,619.30 |
51 | $28,619.30 | $496.89 | $0.00 | $161.82 | $29,278.01 |
52 | $29,278.01 | $496.89 | $0.00 | $165.54 | $29,940.44 |
53 | $29,940.44 | $496.89 | $0.00 | $169.29 | $30,606.62 |
54 | $30,606.62 | $496.89 | $0.00 | $173.05 | $31,276.56 |
55 | $31,276.56 | $496.89 | $0.00 | $176.84 | $31,950.29 |
56 | $31,950.29 | $496.89 | $0.00 | $180.65 | $32,627.83 |
57 | $32,627.83 | $496.89 | $0.00 | $184.48 | $33,309.20 |
58 | $33,309.20 | $496.89 | $0.00 | $188.34 | $33,994.43 |
59 | $33,994.43 | $496.89 | $0.00 | $192.21 | $34,683.53 |
60 | $34,683.53 | $496.89 | $0.00 | $196.11 | $35,376.53 |
61 | $35,376.53 | $496.89 | $0.00 | $200.02 | $36,073.44 |
62 | $36,073.44 | $496.89 | $0.00 | $203.96 | $36,774.29 |
63 | $36,774.29 | $496.89 | $0.00 | $207.93 | $37,479.11 |
64 | $37,479.11 | $496.89 | $0.00 | $211.91 | $38,187.91 |
65 | $38,187.91 | $496.89 | $0.00 | $215.92 | $38,900.72 |
66 | $38,900.72 | $496.89 | $0.00 | $219.95 | $39,617.56 |
67 | $39,617.56 | $496.89 | $0.00 | $224.00 | $40,338.45 |
68 | $40,338.45 | $496.89 | $0.00 | $228.08 | $41,063.42 |
69 | $41,063.42 | $496.89 | $0.00 | $232.18 | $41,792.49 |
70 | $41,792.49 | $496.89 | $0.00 | $236.30 | $42,525.68 |
71 | $42,525.68 | $496.89 | $0.00 | $240.45 | $43,263.02 |
72 | $43,263.02 | $496.89 | $0.00 | $244.62 | $44,004.53 |
73 | $44,004.53 | $496.89 | $0.00 | $248.81 | $44,750.23 |
74 | $44,750.23 | $496.89 | $0.00 | $253.02 | $45,500.14 |
75 | $45,500.14 | $496.89 | $0.00 | $257.26 | $46,254.29 |
76 | $46,254.29 | $496.89 | $0.00 | $261.53 | $47,012.71 |
77 | $47,012.71 | $496.89 | $0.00 | $265.82 | $47,775.42 |
78 | $47,775.42 | $496.89 | $0.00 | $270.13 | $48,542.44 |
79 | $48,542.44 | $496.89 | $0.00 | $274.47 | $49,313.80 |
80 | $49,313.80 | $496.89 | $0.00 | $278.83 | $50,089.52 |
81 | $50,089.52 | $496.89 | $0.00 | $283.21 | $50,869.62 |
82 | $50,869.62 | $496.89 | $0.00 | $287.62 | $51,654.13 |
83 | $51,654.13 | $496.89 | $0.00 | $292.06 | $52,443.08 |
84 | $52,443.08 | $496.89 | $0.00 | $296.52 | $53,236.49 |
85 | $53,236.49 | $496.89 | $0.00 | $301.01 | $54,034.39 |
86 | $54,034.39 | $496.89 | $0.00 | $305.52 | $54,836.80 |
87 | $54,836.80 | $496.89 | $0.00 | $310.06 | $55,643.75 |
88 | $55,643.75 | $496.89 | $0.00 | $314.62 | $56,455.26 |
89 | $56,455.26 | $496.89 | $0.00 | $319.21 | $57,271.36 |
90 | $57,271.36 | $496.89 | $0.00 | $323.82 | $58,092.07 |
91 | $58,092.07 | $496.89 | $0.00 | $328.46 | $58,917.42 |
92 | $58,917.42 | $496.89 | $0.00 | $333.13 | $59,747.44 |
93 | $59,747.44 | $496.89 | $0.00 | $337.82 | $60,582.15 |
94 | $60,582.15 | $496.89 | $0.00 | $342.54 | $61,421.58 |
95 | $61,421.58 | $496.89 | $0.00 | $347.29 | $62,265.76 |
96 | $62,265.76 | $496.89 | $0.00 | $352.06 | $63,114.71 |
97 | $63,114.71 | $496.89 | $0.00 | $356.86 | $63,968.46 |
98 | $63,968.46 | $496.89 | $0.00 | $361.69 | $64,827.04 |
99 | $64,827.04 | $496.89 | $0.00 | $366.54 | $65,690.47 |
100 | $65,690.47 | $496.89 | $0.00 | $371.42 | $66,558.78 |
101 | $66,558.78 | $496.89 | $0.00 | $376.33 | $67,432.00 |
102 | $67,432.00 | $496.89 | $0.00 | $381.27 | $68,310.16 |
103 | $68,310.16 | $496.89 | $0.00 | $386.24 | $69,193.29 |
104 | $69,193.29 | $496.89 | $0.00 | $391.23 | $70,081.41 |
105 | $70,081.41 | $496.89 | $0.00 | $396.25 | $70,974.55 |
106 | $70,974.55 | $496.89 | $0.00 | $401.30 | $71,872.74 |
107 | $71,872.74 | $496.89 | $0.00 | $406.38 | $72,776.01 |
108 | $72,776.01 | $496.89 | $0.00 | $411.49 | $73,684.39 |
109 | $73,684.39 | $496.89 | $0.00 | $416.62 | $74,597.90 |
110 | $74,597.90 | $496.89 | $0.00 | $421.79 | $75,516.58 |
111 | $75,516.58 | $496.89 | $0.00 | $426.98 | $76,440.45 |
112 | $76,440.45 | $496.89 | $0.00 | $432.21 | $77,369.55 |
113 | $77,369.55 | $496.89 | $0.00 | $437.46 | $78,303.90 |
114 | $78,303.90 | $496.89 | $0.00 | $442.74 | $79,243.53 |
115 | $79,243.53 | $496.89 | $0.00 | $448.05 | $80,188.47 |
116 | $80,188.47 | $496.89 | $0.00 | $453.40 | $81,138.76 |
117 | $81,138.76 | $496.89 | $0.00 | $458.77 | $82,094.42 |
118 | $82,094.42 | $496.89 | $0.00 | $464.17 | $83,055.48 |
119 | $83,055.48 | $496.89 | $0.00 | $469.61 | $84,021.98 |
120 | $84,021.98 | $496.89 | $0.00 | $475.07 | $84,993.94 |
121 | $84,993.94 | $496.89 | $0.00 | $480.57 | $85,971.40 |
122 | $85,971.40 | $496.89 | $0.00 | $486.09 | $86,954.38 |
123 | $86,954.38 | $496.89 | $0.00 | $491.65 | $87,942.92 |
124 | $87,942.92 | $496.89 | $0.00 | $497.24 | $88,937.05 |
125 | $88,937.05 | $496.89 | $0.00 | $502.86 | $89,936.80 |
126 | $89,936.80 | $496.89 | $0.00 | $508.52 | $90,942.21 |
127 | $90,942.21 | $496.89 | $0.00 | $514.20 | $91,953.30 |
128 | $91,953.30 | $496.89 | $0.00 | $519.92 | $92,970.11 |
129 | $92,970.11 | $496.89 | $0.00 | $525.67 | $93,992.67 |
130 | $93,992.67 | $496.89 | $0.00 | $531.45 | $95,021.01 |
131 | $95,021.01 | $496.89 | $0.00 | $537.26 | $96,055.16 |
132 | $96,055.16 | $496.89 | $0.00 | $543.11 | $97,095.16 |
133 | $97,095.16 | $496.89 | $0.00 | $548.99 | $98,141.04 |
134 | $98,141.04 | $496.89 | $0.00 | $554.90 | $99,192.83 |
135 | $99,192.83 | $496.89 | $0.00 | $560.85 | $100,250.57 |
136 | $100,250.57 | $496.89 | $0.00 | $566.83 | $101,314.29 |
137 | $101,314.29 | $496.89 | $0.00 | $572.85 | $102,384.03 |
138 | $102,384.03 | $496.89 | $0.00 | $578.89 | $103,459.81 |
139 | $103,459.81 | $496.89 | $0.00 | $584.98 | $104,541.68 |
140 | $104,541.68 | $496.89 | $0.00 | $591.09 | $105,629.66 |
141 | $105,629.66 | $496.89 | $0.00 | $597.25 | $106,723.80 |
142 | $106,723.80 | $496.89 | $0.00 | $603.43 | $107,824.12 |
143 | $107,824.12 | $496.89 | $0.00 | $609.65 | $108,930.66 |
144 | $108,930.66 | $496.89 | $0.00 | $615.91 | $110,043.46 |
145 | $110,043.46 | $496.89 | $0.00 | $622.20 | $111,162.55 |
146 | $111,162.55 | $496.89 | $0.00 | $628.53 | $112,287.97 |
147 | $112,287.97 | $496.89 | $0.00 | $634.89 | $113,419.75 |
148 | $113,419.75 | $496.89 | $0.00 | $641.29 | $114,557.93 |
149 | $114,557.93 | $496.89 | $0.00 | $647.73 | $115,702.55 |
150 | $115,702.55 | $496.89 | $0.00 | $654.20 | $116,853.64 |
151 | $116,853.64 | $496.89 | $0.00 | $660.71 | $118,011.24 |
152 | $118,011.24 | $496.89 | $0.00 | $667.25 | $119,175.38 |
153 | $119,175.38 | $496.89 | $0.00 | $673.83 | $120,346.10 |
154 | $120,346.10 | $496.89 | $0.00 | $680.45 | $121,523.44 |
155 | $121,523.44 | $496.89 | $0.00 | $687.11 | $122,707.44 |
156 | $122,707.44 | $496.89 | $0.00 | $693.81 | $123,898.14 |
157 | $123,898.14 | $496.89 | $0.00 | $700.54 | $125,095.57 |
158 | $125,095.57 | $496.89 | $0.00 | $707.31 | $126,299.77 |
159 | $126,299.77 | $496.89 | $0.00 | $714.12 | $127,510.78 |
160 | $127,510.78 | $496.89 | $0.00 | $720.96 | $128,728.63 |
161 | $128,728.63 | $496.89 | $0.00 | $727.85 | $129,953.37 |
162 | $129,953.37 | $496.89 | $0.00 | $734.78 | $131,185.04 |
163 | $131,185.04 | $496.89 | $0.00 | $741.74 | $132,423.67 |
164 | $132,423.67 | $496.89 | $0.00 | $748.74 | $133,669.30 |
165 | $133,669.30 | $496.89 | $0.00 | $755.79 | $134,921.98 |
166 | $134,921.98 | $496.89 | $0.00 | $762.87 | $136,181.74 |
167 | $136,181.74 | $496.89 | $0.00 | $769.99 | $137,448.62 |
168 | $137,448.62 | $496.89 | $0.00 | $777.15 | $138,722.66 |
169 | $138,722.66 | $496.89 | $0.00 | $784.36 | $140,003.91 |
170 | $140,003.91 | $496.89 | $0.00 | $791.60 | $141,292.40 |
171 | $141,292.40 | $496.89 | $0.00 | $798.89 | $142,588.18 |
172 | $142,588.18 | $496.89 | $0.00 | $806.21 | $143,891.28 |
173 | $143,891.28 | $496.89 | $0.00 | $813.58 | $145,201.75 |
174 | $145,201.75 | $496.89 | $0.00 | $820.99 | $146,519.63 |
175 | $146,519.63 | $496.89 | $0.00 | $828.44 | $147,844.96 |
176 | $147,844.96 | $496.89 | $0.00 | $835.94 | $149,177.79 |
177 | $149,177.79 | $496.89 | $0.00 | $843.47 | $150,518.15 |
178 | $150,518.15 | $496.89 | $0.00 | $851.05 | $151,866.09 |
179 | $151,866.09 | $496.89 | $0.00 | $858.67 | $153,221.65 |
180 | $153,221.65 | $496.89 | $0.00 | $866.34 | $154,584.88 |
181 | $154,584.88 | $496.89 | $0.00 | $874.05 | $155,955.82 |
182 | $155,955.82 | $496.89 | $0.00 | $881.80 | $157,334.51 |
183 | $157,334.51 | $496.89 | $0.00 | $889.59 | $158,720.99 |
184 | $158,720.99 | $496.89 | $0.00 | $897.43 | $160,115.31 |
185 | $160,115.31 | $496.89 | $0.00 | $905.32 | $161,517.52 |
186 | $161,517.52 | $496.89 | $0.00 | $913.24 | $162,927.65 |
187 | $162,927.65 | $496.89 | $0.00 | $921.22 | $164,345.76 |
188 | $164,345.76 | $496.89 | $0.00 | $929.23 | $165,771.88 |
189 | $165,771.88 | $496.89 | $0.00 | $937.30 | $167,206.07 |
190 | $167,206.07 | $496.89 | $0.00 | $945.41 | $168,648.37 |
191 | $168,648.37 | $496.89 | $0.00 | $953.56 | $170,098.82 |
192 | $170,098.82 | $496.89 | $0.00 | $961.76 | $171,557.47 |
193 | $171,557.47 | $496.89 | $0.00 | $970.01 | $173,024.37 |
194 | $173,024.37 | $496.89 | $0.00 | $978.30 | $174,499.56 |
195 | $174,499.56 | $496.89 | $0.00 | $986.65 | $175,983.10 |
196 | $175,983.10 | $496.89 | $0.00 | $995.03 | $177,475.02 |
197 | $177,475.02 | $496.89 | $0.00 | $1,003.47 | $178,975.38 |
198 | $178,975.38 | $496.89 | $0.00 | $1,011.95 | $180,484.22 |
199 | $180,484.22 | $496.89 | $0.00 | $1,020.48 | $182,001.59 |
200 | $182,001.59 | $496.89 | $0.00 | $1,029.06 | $183,527.54 |
201 | $183,527.54 | $496.89 | $0.00 | $1,037.69 | $185,062.12 |
202 | $185,062.12 | $496.89 | $0.00 | $1,046.37 | $186,605.38 |
203 | $186,605.38 | $496.89 | $0.00 | $1,055.09 | $188,157.36 |
204 | $188,157.36 | $496.89 | $0.00 | $1,063.87 | $189,718.12 |
205 | $189,718.12 | $496.89 | $0.00 | $1,072.69 | $191,287.70 |
206 | $191,287.70 | $496.89 | $0.00 | $1,081.57 | $192,866.16 |
207 | $192,866.16 | $496.89 | $0.00 | $1,090.49 | $194,453.54 |
208 | $194,453.54 | $496.89 | $0.00 | $1,099.47 | $196,049.90 |
209 | $196,049.90 | $496.89 | $0.00 | $1,108.49 | $197,655.28 |
210 | $197,655.28 | $496.89 | $0.00 | $1,117.57 | $199,269.74 |
211 | $199,269.74 | $496.89 | $0.00 | $1,126.70 | $200,893.33 |
212 | $200,893.33 | $496.89 | $0.00 | $1,135.88 | $202,526.10 |
213 | $202,526.10 | $496.89 | $0.00 | $1,145.11 | $204,168.10 |
214 | $204,168.10 | $496.89 | $0.00 | $1,154.40 | $205,819.39 |
215 | $205,819.39 | $496.89 | $0.00 | $1,163.73 | $207,480.01 |
216 | $207,480.01 | $496.89 | $0.00 | $1,173.12 | $209,150.02 |
217 | $209,150.02 | $496.89 | $58,254.63 | $1,182.56 | $152,574.84 |
218 | $152,574.84 | $496.89 | $0.00 | $862.68 | $153,934.41 |
219 | $153,934.41 | $496.89 | $0.00 | $870.37 | $155,301.67 |
220 | $155,301.67 | $496.89 | $0.00 | $878.10 | $156,676.66 |
221 | $156,676.66 | $496.89 | $0.00 | $885.87 | $158,059.42 |
222 | $158,059.42 | $496.89 | $0.00 | $893.69 | $159,450.00 |
223 | $159,450.00 | $496.89 | $0.00 | $901.55 | $160,848.44 |
224 | $160,848.44 | $496.89 | $0.00 | $909.46 | $162,254.79 |
225 | $162,254.79 | $496.89 | $0.00 | $917.41 | $163,669.09 |
226 | $163,669.09 | $496.89 | $0.00 | $925.41 | $165,091.39 |
227 | $165,091.39 | $496.89 | $0.00 | $933.45 | $166,521.73 |
228 | $166,521.73 | $496.89 | $0.00 | $941.54 | $167,960.16 |
229 | $167,960.16 | $496.89 | $61,167.36 | $949.67 | $108,239.36 |
230 | $108,239.36 | $496.89 | $0.00 | $612.00 | $109,348.25 |
231 | $109,348.25 | $496.89 | $0.00 | $618.27 | $110,463.41 |
232 | $110,463.41 | $496.89 | $0.00 | $624.58 | $111,584.88 |
233 | $111,584.88 | $496.89 | $0.00 | $630.92 | $112,712.69 |
234 | $112,712.69 | $496.89 | $0.00 | $637.29 | $113,846.87 |
235 | $113,846.87 | $496.89 | $0.00 | $643.71 | $114,987.47 |
236 | $114,987.47 | $496.89 | $0.00 | $650.16 | $116,134.52 |
237 | $116,134.52 | $496.89 | $0.00 | $656.64 | $117,288.05 |
238 | $117,288.05 | $496.89 | $0.00 | $663.16 | $118,448.10 |
239 | $118,448.10 | $496.89 | $0.00 | $669.72 | $119,614.71 |
240 | $119,614.71 | $496.89 | $0.00 | $676.32 | $120,787.92 |
241 | $120,787.92 | $496.89 | $64,225.72 | $682.95 | $57,742.04 |
242 | $57,742.04 | $496.89 | $0.00 | $326.48 | $58,565.41 |
243 | $58,565.41 | $496.89 | $0.00 | $331.14 | $59,393.44 |
244 | $59,393.44 | $496.89 | $0.00 | $335.82 | $60,226.15 |
245 | $60,226.15 | $496.89 | $0.00 | $340.53 | $61,063.57 |
246 | $61,063.57 | $496.89 | $0.00 | $345.26 | $61,905.72 |
247 | $61,905.72 | $496.89 | $0.00 | $350.02 | $62,752.63 |
248 | $62,752.63 | $496.89 | $0.00 | $354.81 | $63,604.33 |
249 | $63,604.33 | $496.89 | $0.00 | $359.63 | $64,460.85 |
250 | $64,460.85 | $496.89 | $0.00 | $364.47 | $65,322.21 |
251 | $65,322.21 | $496.89 | $0.00 | $369.34 | $66,188.44 |
252 | $66,188.44 | $496.89 | $0.00 | $374.24 | $67,059.57 |
253 | $67,059.57 | $0.00 | $67,437.01 | $379.16 | $1.72 |