Estimated Annual Cost in 2042 | $131,649 |
Monthly savings required | $585 |
How much will it cost to send your child to Fortis College Salt Lake City in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $263,297.77 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $584.90 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 | $37,633.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
Current Savings | $0.00 |
After Tax Return on Savings | 7% |
Years of enrollment | 2 |
Discover how much will you need to start saving now to afford Fortis College Salt Lake City in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $584.90 | $0.00 | $0.00 | $584.90 |
2 | $584.90 | $584.90 | $0.00 | $3.31 | $1,173.11 |
3 | $1,173.11 | $584.90 | $0.00 | $6.63 | $1,764.64 |
4 | $1,764.64 | $584.90 | $0.00 | $9.98 | $2,359.52 |
5 | $2,359.52 | $584.90 | $0.00 | $13.34 | $2,957.76 |
6 | $2,957.76 | $584.90 | $0.00 | $16.72 | $3,559.38 |
7 | $3,559.38 | $584.90 | $0.00 | $20.13 | $4,164.41 |
8 | $4,164.41 | $584.90 | $0.00 | $23.55 | $4,772.86 |
9 | $4,772.86 | $584.90 | $0.00 | $26.99 | $5,384.75 |
10 | $5,384.75 | $584.90 | $0.00 | $30.45 | $6,000.10 |
11 | $6,000.10 | $584.90 | $0.00 | $33.93 | $6,618.93 |
12 | $6,618.93 | $584.90 | $0.00 | $37.42 | $7,241.25 |
13 | $7,241.25 | $584.90 | $0.00 | $40.94 | $7,867.09 |
14 | $7,867.09 | $584.90 | $0.00 | $44.48 | $8,496.47 |
15 | $8,496.47 | $584.90 | $0.00 | $48.04 | $9,129.41 |
16 | $9,129.41 | $584.90 | $0.00 | $51.62 | $9,765.93 |
17 | $9,765.93 | $584.90 | $0.00 | $55.22 | $10,406.05 |
18 | $10,406.05 | $584.90 | $0.00 | $58.84 | $11,049.79 |
19 | $11,049.79 | $584.90 | $0.00 | $62.48 | $11,697.17 |
20 | $11,697.17 | $584.90 | $0.00 | $66.14 | $12,348.21 |
21 | $12,348.21 | $584.90 | $0.00 | $69.82 | $13,002.93 |
22 | $13,002.93 | $584.90 | $0.00 | $73.52 | $13,661.35 |
23 | $13,661.35 | $584.90 | $0.00 | $77.24 | $14,323.49 |
24 | $14,323.49 | $584.90 | $0.00 | $80.99 | $14,989.38 |
25 | $14,989.38 | $584.90 | $0.00 | $84.75 | $15,659.03 |
26 | $15,659.03 | $584.90 | $0.00 | $88.54 | $16,332.47 |
27 | $16,332.47 | $584.90 | $0.00 | $92.35 | $17,009.72 |
28 | $17,009.72 | $584.90 | $0.00 | $96.18 | $17,690.80 |
29 | $17,690.80 | $584.90 | $0.00 | $100.03 | $18,375.73 |
30 | $18,375.73 | $584.90 | $0.00 | $103.90 | $19,064.53 |
31 | $19,064.53 | $584.90 | $0.00 | $107.79 | $19,757.22 |
32 | $19,757.22 | $584.90 | $0.00 | $111.71 | $20,453.83 |
33 | $20,453.83 | $584.90 | $0.00 | $115.65 | $21,154.38 |
34 | $21,154.38 | $584.90 | $0.00 | $119.61 | $21,858.89 |
35 | $21,858.89 | $584.90 | $0.00 | $123.59 | $22,567.38 |
36 | $22,567.38 | $584.90 | $0.00 | $127.60 | $23,279.88 |
37 | $23,279.88 | $584.90 | $0.00 | $131.63 | $23,996.41 |
38 | $23,996.41 | $584.90 | $0.00 | $135.68 | $24,716.99 |
39 | $24,716.99 | $584.90 | $0.00 | $139.75 | $25,441.64 |
40 | $25,441.64 | $584.90 | $0.00 | $143.85 | $26,170.39 |
41 | $26,170.39 | $584.90 | $0.00 | $147.97 | $26,903.26 |
42 | $26,903.26 | $584.90 | $0.00 | $152.11 | $27,640.27 |
43 | $27,640.27 | $584.90 | $0.00 | $156.28 | $28,381.45 |
44 | $28,381.45 | $584.90 | $0.00 | $160.47 | $29,126.82 |
45 | $29,126.82 | $584.90 | $0.00 | $164.69 | $29,876.41 |
46 | $29,876.41 | $584.90 | $0.00 | $168.93 | $30,630.24 |
47 | $30,630.24 | $584.90 | $0.00 | $173.19 | $31,388.33 |
48 | $31,388.33 | $584.90 | $0.00 | $177.47 | $32,150.70 |
49 | $32,150.70 | $584.90 | $0.00 | $181.78 | $32,917.38 |
50 | $32,917.38 | $584.90 | $0.00 | $186.12 | $33,688.40 |
51 | $33,688.40 | $584.90 | $0.00 | $190.48 | $34,463.78 |
52 | $34,463.78 | $584.90 | $0.00 | $194.86 | $35,243.54 |
53 | $35,243.54 | $584.90 | $0.00 | $199.27 | $36,027.71 |
54 | $36,027.71 | $584.90 | $0.00 | $203.71 | $36,816.32 |
55 | $36,816.32 | $584.90 | $0.00 | $208.16 | $37,609.38 |
56 | $37,609.38 | $584.90 | $0.00 | $212.65 | $38,406.93 |
57 | $38,406.93 | $584.90 | $0.00 | $217.16 | $39,208.99 |
58 | $39,208.99 | $584.90 | $0.00 | $221.69 | $40,015.58 |
59 | $40,015.58 | $584.90 | $0.00 | $226.25 | $40,826.73 |
60 | $40,826.73 | $584.90 | $0.00 | $230.84 | $41,642.47 |
61 | $41,642.47 | $584.90 | $0.00 | $235.45 | $42,462.82 |
62 | $42,462.82 | $584.90 | $0.00 | $240.09 | $43,287.81 |
63 | $43,287.81 | $584.90 | $0.00 | $244.76 | $44,117.47 |
64 | $44,117.47 | $584.90 | $0.00 | $249.45 | $44,951.82 |
65 | $44,951.82 | $584.90 | $0.00 | $254.16 | $45,790.88 |
66 | $45,790.88 | $584.90 | $0.00 | $258.91 | $46,634.69 |
67 | $46,634.69 | $584.90 | $0.00 | $263.68 | $47,483.27 |
68 | $47,483.27 | $584.90 | $0.00 | $268.48 | $48,336.65 |
69 | $48,336.65 | $584.90 | $0.00 | $273.30 | $49,194.85 |
70 | $49,194.85 | $584.90 | $0.00 | $278.15 | $50,057.90 |
71 | $50,057.90 | $584.90 | $0.00 | $283.03 | $50,925.83 |
72 | $50,925.83 | $584.90 | $0.00 | $287.94 | $51,798.67 |
73 | $51,798.67 | $584.90 | $0.00 | $292.88 | $52,676.45 |
74 | $52,676.45 | $584.90 | $0.00 | $297.84 | $53,559.19 |
75 | $53,559.19 | $584.90 | $0.00 | $302.83 | $54,446.92 |
76 | $54,446.92 | $584.90 | $0.00 | $307.85 | $55,339.67 |
77 | $55,339.67 | $584.90 | $0.00 | $312.90 | $56,237.47 |
78 | $56,237.47 | $584.90 | $0.00 | $317.97 | $57,140.34 |
79 | $57,140.34 | $584.90 | $0.00 | $323.08 | $58,048.32 |
80 | $58,048.32 | $584.90 | $0.00 | $328.21 | $58,961.43 |
81 | $58,961.43 | $584.90 | $0.00 | $333.38 | $59,879.71 |
82 | $59,879.71 | $584.90 | $0.00 | $338.57 | $60,803.18 |
83 | $60,803.18 | $584.90 | $0.00 | $343.79 | $61,731.87 |
84 | $61,731.87 | $584.90 | $0.00 | $349.04 | $62,665.81 |
85 | $62,665.81 | $584.90 | $0.00 | $354.32 | $63,605.03 |
86 | $63,605.03 | $584.90 | $0.00 | $359.63 | $64,549.56 |
87 | $64,549.56 | $584.90 | $0.00 | $364.97 | $65,499.43 |
88 | $65,499.43 | $584.90 | $0.00 | $370.34 | $66,454.67 |
89 | $66,454.67 | $584.90 | $0.00 | $375.74 | $67,415.31 |
90 | $67,415.31 | $584.90 | $0.00 | $381.18 | $68,381.39 |
91 | $68,381.39 | $584.90 | $0.00 | $386.64 | $69,352.93 |
92 | $69,352.93 | $584.90 | $0.00 | $392.13 | $70,329.96 |
93 | $70,329.96 | $584.90 | $0.00 | $397.66 | $71,312.52 |
94 | $71,312.52 | $584.90 | $0.00 | $403.21 | $72,300.63 |
95 | $72,300.63 | $584.90 | $0.00 | $408.80 | $73,294.33 |
96 | $73,294.33 | $584.90 | $0.00 | $414.42 | $74,293.65 |
97 | $74,293.65 | $584.90 | $0.00 | $420.07 | $75,298.62 |
98 | $75,298.62 | $584.90 | $0.00 | $425.75 | $76,309.27 |
99 | $76,309.27 | $584.90 | $0.00 | $431.46 | $77,325.63 |
100 | $77,325.63 | $584.90 | $0.00 | $437.21 | $78,347.74 |
101 | $78,347.74 | $584.90 | $0.00 | $442.99 | $79,375.63 |
102 | $79,375.63 | $584.90 | $0.00 | $448.80 | $80,409.33 |
103 | $80,409.33 | $584.90 | $0.00 | $454.65 | $81,448.88 |
104 | $81,448.88 | $584.90 | $0.00 | $460.52 | $82,494.30 |
105 | $82,494.30 | $584.90 | $0.00 | $466.43 | $83,545.63 |
106 | $83,545.63 | $584.90 | $0.00 | $472.38 | $84,602.91 |
107 | $84,602.91 | $584.90 | $0.00 | $478.36 | $85,666.17 |
108 | $85,666.17 | $584.90 | $0.00 | $484.37 | $86,735.44 |
109 | $86,735.44 | $584.90 | $0.00 | $490.41 | $87,810.75 |
110 | $87,810.75 | $584.90 | $0.00 | $496.49 | $88,892.14 |
111 | $88,892.14 | $584.90 | $0.00 | $502.61 | $89,979.65 |
112 | $89,979.65 | $584.90 | $0.00 | $508.76 | $91,073.31 |
113 | $91,073.31 | $584.90 | $0.00 | $514.94 | $92,173.15 |
114 | $92,173.15 | $584.90 | $0.00 | $521.16 | $93,279.21 |
115 | $93,279.21 | $584.90 | $0.00 | $527.41 | $94,391.52 |
116 | $94,391.52 | $584.90 | $0.00 | $533.70 | $95,510.12 |
117 | $95,510.12 | $584.90 | $0.00 | $540.03 | $96,635.05 |
118 | $96,635.05 | $584.90 | $0.00 | $546.39 | $97,766.34 |
119 | $97,766.34 | $584.90 | $0.00 | $552.79 | $98,904.03 |
120 | $98,904.03 | $584.90 | $0.00 | $559.22 | $100,048.15 |
121 | $100,048.15 | $584.90 | $0.00 | $565.69 | $101,198.74 |
122 | $101,198.74 | $584.90 | $0.00 | $572.19 | $102,355.83 |
123 | $102,355.83 | $584.90 | $0.00 | $578.73 | $103,519.46 |
124 | $103,519.46 | $584.90 | $0.00 | $585.31 | $104,689.67 |
125 | $104,689.67 | $584.90 | $0.00 | $591.93 | $105,866.50 |
126 | $105,866.50 | $584.90 | $0.00 | $598.58 | $107,049.98 |
127 | $107,049.98 | $584.90 | $0.00 | $605.28 | $108,240.16 |
128 | $108,240.16 | $584.90 | $0.00 | $612.01 | $109,437.07 |
129 | $109,437.07 | $584.90 | $0.00 | $618.77 | $110,640.74 |
130 | $110,640.74 | $584.90 | $0.00 | $625.58 | $111,851.22 |
131 | $111,851.22 | $584.90 | $0.00 | $632.42 | $113,068.54 |
132 | $113,068.54 | $584.90 | $0.00 | $639.31 | $114,292.75 |
133 | $114,292.75 | $584.90 | $0.00 | $646.23 | $115,523.88 |
134 | $115,523.88 | $584.90 | $0.00 | $653.19 | $116,761.97 |
135 | $116,761.97 | $584.90 | $0.00 | $660.19 | $118,007.06 |
136 | $118,007.06 | $584.90 | $0.00 | $667.23 | $119,259.19 |
137 | $119,259.19 | $584.90 | $0.00 | $674.31 | $120,518.40 |
138 | $120,518.40 | $584.90 | $0.00 | $681.43 | $121,784.73 |
139 | $121,784.73 | $584.90 | $0.00 | $688.59 | $123,058.22 |
140 | $123,058.22 | $584.90 | $0.00 | $695.79 | $124,338.91 |
141 | $124,338.91 | $584.90 | $0.00 | $703.03 | $125,626.84 |
142 | $125,626.84 | $584.90 | $0.00 | $710.31 | $126,922.05 |
143 | $126,922.05 | $584.90 | $0.00 | $717.64 | $128,224.59 |
144 | $128,224.59 | $584.90 | $0.00 | $725.00 | $129,534.49 |
145 | $129,534.49 | $584.90 | $0.00 | $732.41 | $130,851.80 |
146 | $130,851.80 | $584.90 | $0.00 | $739.86 | $132,176.56 |
147 | $132,176.56 | $584.90 | $0.00 | $747.35 | $133,508.81 |
148 | $133,508.81 | $584.90 | $0.00 | $754.88 | $134,848.59 |
149 | $134,848.59 | $584.90 | $0.00 | $762.45 | $136,195.94 |
150 | $136,195.94 | $584.90 | $0.00 | $770.07 | $137,550.91 |
151 | $137,550.91 | $584.90 | $0.00 | $777.73 | $138,913.54 |
152 | $138,913.54 | $584.90 | $0.00 | $785.44 | $140,283.88 |
153 | $140,283.88 | $584.90 | $0.00 | $793.19 | $141,661.97 |
154 | $141,661.97 | $584.90 | $0.00 | $800.98 | $143,047.85 |
155 | $143,047.85 | $584.90 | $0.00 | $808.81 | $144,441.56 |
156 | $144,441.56 | $584.90 | $0.00 | $816.69 | $145,843.15 |
157 | $145,843.15 | $584.90 | $0.00 | $824.62 | $147,252.67 |
158 | $147,252.67 | $584.90 | $0.00 | $832.59 | $148,670.16 |
159 | $148,670.16 | $584.90 | $0.00 | $840.60 | $150,095.66 |
160 | $150,095.66 | $584.90 | $0.00 | $848.66 | $151,529.22 |
161 | $151,529.22 | $584.90 | $0.00 | $856.77 | $152,970.89 |
162 | $152,970.89 | $584.90 | $0.00 | $864.92 | $154,420.71 |
163 | $154,420.71 | $584.90 | $0.00 | $873.12 | $155,878.73 |
164 | $155,878.73 | $584.90 | $0.00 | $881.36 | $157,344.99 |
165 | $157,344.99 | $584.90 | $0.00 | $889.65 | $158,819.54 |
166 | $158,819.54 | $584.90 | $0.00 | $897.99 | $160,302.43 |
167 | $160,302.43 | $584.90 | $0.00 | $906.37 | $161,793.70 |
168 | $161,793.70 | $584.90 | $0.00 | $914.81 | $163,293.41 |
169 | $163,293.41 | $584.90 | $0.00 | $923.28 | $164,801.59 |
170 | $164,801.59 | $584.90 | $0.00 | $931.81 | $166,318.30 |
171 | $166,318.30 | $584.90 | $0.00 | $940.39 | $167,843.59 |
172 | $167,843.59 | $584.90 | $0.00 | $949.01 | $169,377.50 |
173 | $169,377.50 | $584.90 | $0.00 | $957.69 | $170,920.09 |
174 | $170,920.09 | $584.90 | $0.00 | $966.41 | $172,471.40 |
175 | $172,471.40 | $584.90 | $0.00 | $975.18 | $174,031.48 |
176 | $174,031.48 | $584.90 | $0.00 | $984.00 | $175,600.38 |
177 | $175,600.38 | $584.90 | $0.00 | $992.87 | $177,178.15 |
178 | $177,178.15 | $584.90 | $0.00 | $1,001.79 | $178,764.84 |
179 | $178,764.84 | $584.90 | $0.00 | $1,010.76 | $180,360.50 |
180 | $180,360.50 | $584.90 | $0.00 | $1,019.78 | $181,965.18 |
181 | $181,965.18 | $584.90 | $0.00 | $1,028.86 | $183,578.94 |
182 | $183,578.94 | $584.90 | $0.00 | $1,037.98 | $185,201.82 |
183 | $185,201.82 | $584.90 | $0.00 | $1,047.16 | $186,833.88 |
184 | $186,833.88 | $584.90 | $0.00 | $1,056.39 | $188,475.17 |
185 | $188,475.17 | $584.90 | $0.00 | $1,065.67 | $190,125.74 |
186 | $190,125.74 | $584.90 | $0.00 | $1,075.00 | $191,785.64 |
187 | $191,785.64 | $584.90 | $0.00 | $1,084.38 | $193,454.92 |
188 | $193,454.92 | $584.90 | $0.00 | $1,093.82 | $195,133.64 |
189 | $195,133.64 | $584.90 | $0.00 | $1,103.31 | $196,821.85 |
190 | $196,821.85 | $584.90 | $0.00 | $1,112.86 | $198,519.61 |
191 | $198,519.61 | $584.90 | $0.00 | $1,122.46 | $200,226.97 |
192 | $200,226.97 | $584.90 | $0.00 | $1,132.11 | $201,943.98 |
193 | $201,943.98 | $584.90 | $0.00 | $1,141.82 | $203,670.70 |
194 | $203,670.70 | $584.90 | $0.00 | $1,151.58 | $205,407.18 |
195 | $205,407.18 | $584.90 | $0.00 | $1,161.40 | $207,153.48 |
196 | $207,153.48 | $584.90 | $0.00 | $1,171.28 | $208,909.66 |
197 | $208,909.66 | $584.90 | $0.00 | $1,181.21 | $210,675.77 |
198 | $210,675.77 | $584.90 | $0.00 | $1,191.19 | $212,451.86 |
199 | $212,451.86 | $584.90 | $0.00 | $1,201.23 | $214,237.99 |
200 | $214,237.99 | $584.90 | $0.00 | $1,211.33 | $216,034.22 |
201 | $216,034.22 | $584.90 | $0.00 | $1,221.49 | $217,840.61 |
202 | $217,840.61 | $584.90 | $0.00 | $1,231.70 | $219,657.21 |
203 | $219,657.21 | $584.90 | $0.00 | $1,241.97 | $221,484.08 |
204 | $221,484.08 | $584.90 | $0.00 | $1,252.30 | $223,321.28 |
205 | $223,321.28 | $584.90 | $0.00 | $1,262.69 | $225,168.87 |
206 | $225,168.87 | $584.90 | $0.00 | $1,273.14 | $227,026.91 |
207 | $227,026.91 | $584.90 | $0.00 | $1,283.64 | $228,895.45 |
208 | $228,895.45 | $584.90 | $0.00 | $1,294.21 | $230,774.56 |
209 | $230,774.56 | $584.90 | $0.00 | $1,304.83 | $232,664.29 |
210 | $232,664.29 | $584.90 | $0.00 | $1,315.52 | $234,564.71 |
211 | $234,564.71 | $584.90 | $0.00 | $1,326.26 | $236,475.87 |
212 | $236,475.87 | $584.90 | $0.00 | $1,337.07 | $238,397.84 |
213 | $238,397.84 | $584.90 | $0.00 | $1,347.94 | $240,330.68 |
214 | $240,330.68 | $584.90 | $0.00 | $1,358.86 | $242,274.44 |
215 | $242,274.44 | $584.90 | $0.00 | $1,369.85 | $244,229.19 |
216 | $244,229.19 | $584.90 | $0.00 | $1,380.91 | $246,195.00 |
217 | $246,195.00 | $584.90 | $127,196.99 | $1,392.02 | $120,974.93 |
218 | $120,974.93 | $584.90 | $0.00 | $684.01 | $122,243.84 |
219 | $122,243.84 | $584.90 | $0.00 | $691.18 | $123,519.92 |
220 | $123,519.92 | $584.90 | $0.00 | $698.40 | $124,803.22 |
221 | $124,803.22 | $584.90 | $0.00 | $705.66 | $126,093.78 |
222 | $126,093.78 | $584.90 | $0.00 | $712.95 | $127,391.63 |
223 | $127,391.63 | $584.90 | $0.00 | $720.29 | $128,696.82 |
224 | $128,696.82 | $584.90 | $0.00 | $727.67 | $130,009.39 |
225 | $130,009.39 | $584.90 | $0.00 | $735.09 | $131,329.38 |
226 | $131,329.38 | $584.90 | $0.00 | $742.56 | $132,656.84 |
227 | $132,656.84 | $584.90 | $0.00 | $750.06 | $133,991.80 |
228 | $133,991.80 | $584.90 | $0.00 | $757.61 | $135,334.31 |
229 | $135,334.31 | $0.00 | $136,100.78 | $765.20 | -$1.27 |