| Estimated Annual Cost in 2042 | $125,100 |
| Monthly savings required | $556 |
How much will it cost to send your child to Aviation Institute of Maintenance Chesapeake in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $250,200.40 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $555.80 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 | $35,761.00 |
| 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 Aviation Institute of Maintenance Chesapeake in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $555.80 | $0.00 | $0.00 | $555.80 |
| 2 | $555.80 | $555.80 | $0.00 | $3.14 | $1,114.74 |
| 3 | $1,114.74 | $555.80 | $0.00 | $6.30 | $1,676.84 |
| 4 | $1,676.84 | $555.80 | $0.00 | $9.48 | $2,242.12 |
| 5 | $2,242.12 | $555.80 | $0.00 | $12.68 | $2,810.60 |
| 6 | $2,810.60 | $555.80 | $0.00 | $15.89 | $3,382.29 |
| 7 | $3,382.29 | $555.80 | $0.00 | $19.12 | $3,957.21 |
| 8 | $3,957.21 | $555.80 | $0.00 | $22.37 | $4,535.38 |
| 9 | $4,535.38 | $555.80 | $0.00 | $25.64 | $5,116.82 |
| 10 | $5,116.82 | $555.80 | $0.00 | $28.93 | $5,701.55 |
| 11 | $5,701.55 | $555.80 | $0.00 | $32.24 | $6,289.59 |
| 12 | $6,289.59 | $555.80 | $0.00 | $35.56 | $6,880.95 |
| 13 | $6,880.95 | $555.80 | $0.00 | $38.91 | $7,475.66 |
| 14 | $7,475.66 | $555.80 | $0.00 | $42.27 | $8,073.73 |
| 15 | $8,073.73 | $555.80 | $0.00 | $45.65 | $8,675.18 |
| 16 | $8,675.18 | $555.80 | $0.00 | $49.05 | $9,280.03 |
| 17 | $9,280.03 | $555.80 | $0.00 | $52.47 | $9,888.30 |
| 18 | $9,888.30 | $555.80 | $0.00 | $55.91 | $10,500.01 |
| 19 | $10,500.01 | $555.80 | $0.00 | $59.37 | $11,115.18 |
| 20 | $11,115.18 | $555.80 | $0.00 | $62.85 | $11,733.83 |
| 21 | $11,733.83 | $555.80 | $0.00 | $66.34 | $12,355.97 |
| 22 | $12,355.97 | $555.80 | $0.00 | $69.86 | $12,981.63 |
| 23 | $12,981.63 | $555.80 | $0.00 | $73.40 | $13,610.83 |
| 24 | $13,610.83 | $555.80 | $0.00 | $76.96 | $14,243.59 |
| 25 | $14,243.59 | $555.80 | $0.00 | $80.54 | $14,879.93 |
| 26 | $14,879.93 | $555.80 | $0.00 | $84.13 | $15,519.86 |
| 27 | $15,519.86 | $555.80 | $0.00 | $87.75 | $16,163.41 |
| 28 | $16,163.41 | $555.80 | $0.00 | $91.39 | $16,810.60 |
| 29 | $16,810.60 | $555.80 | $0.00 | $95.05 | $17,461.45 |
| 30 | $17,461.45 | $555.80 | $0.00 | $98.73 | $18,115.98 |
| 31 | $18,115.98 | $555.80 | $0.00 | $102.43 | $18,774.21 |
| 32 | $18,774.21 | $555.80 | $0.00 | $106.15 | $19,436.16 |
| 33 | $19,436.16 | $555.80 | $0.00 | $109.89 | $20,101.85 |
| 34 | $20,101.85 | $555.80 | $0.00 | $113.66 | $20,771.31 |
| 35 | $20,771.31 | $555.80 | $0.00 | $117.44 | $21,444.55 |
| 36 | $21,444.55 | $555.80 | $0.00 | $121.25 | $22,121.60 |
| 37 | $22,121.60 | $555.80 | $0.00 | $125.08 | $22,802.48 |
| 38 | $22,802.48 | $555.80 | $0.00 | $128.93 | $23,487.21 |
| 39 | $23,487.21 | $555.80 | $0.00 | $132.80 | $24,175.81 |
| 40 | $24,175.81 | $555.80 | $0.00 | $136.69 | $24,868.30 |
| 41 | $24,868.30 | $555.80 | $0.00 | $140.61 | $25,564.71 |
| 42 | $25,564.71 | $555.80 | $0.00 | $144.55 | $26,265.06 |
| 43 | $26,265.06 | $555.80 | $0.00 | $148.51 | $26,969.37 |
| 44 | $26,969.37 | $555.80 | $0.00 | $152.49 | $27,677.66 |
| 45 | $27,677.66 | $555.80 | $0.00 | $156.49 | $28,389.95 |
| 46 | $28,389.95 | $555.80 | $0.00 | $160.52 | $29,106.27 |
| 47 | $29,106.27 | $555.80 | $0.00 | $164.57 | $29,826.64 |
| 48 | $29,826.64 | $555.80 | $0.00 | $168.64 | $30,551.08 |
| 49 | $30,551.08 | $555.80 | $0.00 | $172.74 | $31,279.62 |
| 50 | $31,279.62 | $555.80 | $0.00 | $176.86 | $32,012.28 |
| 51 | $32,012.28 | $555.80 | $0.00 | $181.00 | $32,749.08 |
| 52 | $32,749.08 | $555.80 | $0.00 | $185.17 | $33,490.05 |
| 53 | $33,490.05 | $555.80 | $0.00 | $189.36 | $34,235.21 |
| 54 | $34,235.21 | $555.80 | $0.00 | $193.57 | $34,984.58 |
| 55 | $34,984.58 | $555.80 | $0.00 | $197.81 | $35,738.19 |
| 56 | $35,738.19 | $555.80 | $0.00 | $202.07 | $36,496.06 |
| 57 | $36,496.06 | $555.80 | $0.00 | $206.35 | $37,258.21 |
| 58 | $37,258.21 | $555.80 | $0.00 | $210.66 | $38,024.67 |
| 59 | $38,024.67 | $555.80 | $0.00 | $215.00 | $38,795.47 |
| 60 | $38,795.47 | $555.80 | $0.00 | $219.36 | $39,570.63 |
| 61 | $39,570.63 | $555.80 | $0.00 | $223.74 | $40,350.17 |
| 62 | $40,350.17 | $555.80 | $0.00 | $228.15 | $41,134.12 |
| 63 | $41,134.12 | $555.80 | $0.00 | $232.58 | $41,922.50 |
| 64 | $41,922.50 | $555.80 | $0.00 | $237.04 | $42,715.34 |
| 65 | $42,715.34 | $555.80 | $0.00 | $241.52 | $43,512.66 |
| 66 | $43,512.66 | $555.80 | $0.00 | $246.03 | $44,314.49 |
| 67 | $44,314.49 | $555.80 | $0.00 | $250.56 | $45,120.85 |
| 68 | $45,120.85 | $555.80 | $0.00 | $255.12 | $45,931.77 |
| 69 | $45,931.77 | $555.80 | $0.00 | $259.70 | $46,747.27 |
| 70 | $46,747.27 | $555.80 | $0.00 | $264.32 | $47,567.39 |
| 71 | $47,567.39 | $555.80 | $0.00 | $268.95 | $48,392.14 |
| 72 | $48,392.14 | $555.80 | $0.00 | $273.62 | $49,221.56 |
| 73 | $49,221.56 | $555.80 | $0.00 | $278.31 | $50,055.67 |
| 74 | $50,055.67 | $555.80 | $0.00 | $283.02 | $50,894.49 |
| 75 | $50,894.49 | $555.80 | $0.00 | $287.76 | $51,738.05 |
| 76 | $51,738.05 | $555.80 | $0.00 | $292.53 | $52,586.38 |
| 77 | $52,586.38 | $555.80 | $0.00 | $297.33 | $53,439.51 |
| 78 | $53,439.51 | $555.80 | $0.00 | $302.15 | $54,297.46 |
| 79 | $54,297.46 | $555.80 | $0.00 | $307.01 | $55,160.27 |
| 80 | $55,160.27 | $555.80 | $0.00 | $311.88 | $56,027.95 |
| 81 | $56,027.95 | $555.80 | $0.00 | $316.79 | $56,900.54 |
| 82 | $56,900.54 | $555.80 | $0.00 | $321.72 | $57,778.06 |
| 83 | $57,778.06 | $555.80 | $0.00 | $326.69 | $58,660.55 |
| 84 | $58,660.55 | $555.80 | $0.00 | $331.68 | $59,548.03 |
| 85 | $59,548.03 | $555.80 | $0.00 | $336.69 | $60,440.52 |
| 86 | $60,440.52 | $555.80 | $0.00 | $341.74 | $61,338.06 |
| 87 | $61,338.06 | $555.80 | $0.00 | $346.81 | $62,240.67 |
| 88 | $62,240.67 | $555.80 | $0.00 | $351.92 | $63,148.39 |
| 89 | $63,148.39 | $555.80 | $0.00 | $357.05 | $64,061.24 |
| 90 | $64,061.24 | $555.80 | $0.00 | $362.21 | $64,979.25 |
| 91 | $64,979.25 | $555.80 | $0.00 | $367.40 | $65,902.45 |
| 92 | $65,902.45 | $555.80 | $0.00 | $372.62 | $66,830.87 |
| 93 | $66,830.87 | $555.80 | $0.00 | $377.87 | $67,764.54 |
| 94 | $67,764.54 | $555.80 | $0.00 | $383.15 | $68,703.49 |
| 95 | $68,703.49 | $555.80 | $0.00 | $388.46 | $69,647.75 |
| 96 | $69,647.75 | $555.80 | $0.00 | $393.80 | $70,597.35 |
| 97 | $70,597.35 | $555.80 | $0.00 | $399.17 | $71,552.32 |
| 98 | $71,552.32 | $555.80 | $0.00 | $404.57 | $72,512.69 |
| 99 | $72,512.69 | $555.80 | $0.00 | $410.00 | $73,478.49 |
| 100 | $73,478.49 | $555.80 | $0.00 | $415.46 | $74,449.75 |
| 101 | $74,449.75 | $555.80 | $0.00 | $420.95 | $75,426.50 |
| 102 | $75,426.50 | $555.80 | $0.00 | $426.47 | $76,408.77 |
| 103 | $76,408.77 | $555.80 | $0.00 | $432.03 | $77,396.60 |
| 104 | $77,396.60 | $555.80 | $0.00 | $437.61 | $78,390.01 |
| 105 | $78,390.01 | $555.80 | $0.00 | $443.23 | $79,389.04 |
| 106 | $79,389.04 | $555.80 | $0.00 | $448.88 | $80,393.72 |
| 107 | $80,393.72 | $555.80 | $0.00 | $454.56 | $81,404.08 |
| 108 | $81,404.08 | $555.80 | $0.00 | $460.27 | $82,420.15 |
| 109 | $82,420.15 | $555.80 | $0.00 | $466.02 | $83,441.97 |
| 110 | $83,441.97 | $555.80 | $0.00 | $471.79 | $84,469.56 |
| 111 | $84,469.56 | $555.80 | $0.00 | $477.60 | $85,502.96 |
| 112 | $85,502.96 | $555.80 | $0.00 | $483.45 | $86,542.21 |
| 113 | $86,542.21 | $555.80 | $0.00 | $489.32 | $87,587.33 |
| 114 | $87,587.33 | $555.80 | $0.00 | $495.23 | $88,638.36 |
| 115 | $88,638.36 | $555.80 | $0.00 | $501.17 | $89,695.33 |
| 116 | $89,695.33 | $555.80 | $0.00 | $507.15 | $90,758.28 |
| 117 | $90,758.28 | $555.80 | $0.00 | $513.16 | $91,827.24 |
| 118 | $91,827.24 | $555.80 | $0.00 | $519.20 | $92,902.24 |
| 119 | $92,902.24 | $555.80 | $0.00 | $525.28 | $93,983.32 |
| 120 | $93,983.32 | $555.80 | $0.00 | $531.40 | $95,070.52 |
| 121 | $95,070.52 | $555.80 | $0.00 | $537.54 | $96,163.86 |
| 122 | $96,163.86 | $555.80 | $0.00 | $543.72 | $97,263.38 |
| 123 | $97,263.38 | $555.80 | $0.00 | $549.94 | $98,369.12 |
| 124 | $98,369.12 | $555.80 | $0.00 | $556.19 | $99,481.11 |
| 125 | $99,481.11 | $555.80 | $0.00 | $562.48 | $100,599.39 |
| 126 | $100,599.39 | $555.80 | $0.00 | $568.80 | $101,723.99 |
| 127 | $101,723.99 | $555.80 | $0.00 | $575.16 | $102,854.95 |
| 128 | $102,854.95 | $555.80 | $0.00 | $581.56 | $103,992.31 |
| 129 | $103,992.31 | $555.80 | $0.00 | $587.99 | $105,136.10 |
| 130 | $105,136.10 | $555.80 | $0.00 | $594.45 | $106,286.35 |
| 131 | $106,286.35 | $555.80 | $0.00 | $600.96 | $107,443.11 |
| 132 | $107,443.11 | $555.80 | $0.00 | $607.50 | $108,606.41 |
| 133 | $108,606.41 | $555.80 | $0.00 | $614.08 | $109,776.29 |
| 134 | $109,776.29 | $555.80 | $0.00 | $620.69 | $110,952.78 |
| 135 | $110,952.78 | $555.80 | $0.00 | $627.34 | $112,135.92 |
| 136 | $112,135.92 | $555.80 | $0.00 | $634.03 | $113,325.75 |
| 137 | $113,325.75 | $555.80 | $0.00 | $640.76 | $114,522.31 |
| 138 | $114,522.31 | $555.80 | $0.00 | $647.53 | $115,725.64 |
| 139 | $115,725.64 | $555.80 | $0.00 | $654.33 | $116,935.77 |
| 140 | $116,935.77 | $555.80 | $0.00 | $661.17 | $118,152.74 |
| 141 | $118,152.74 | $555.80 | $0.00 | $668.05 | $119,376.59 |
| 142 | $119,376.59 | $555.80 | $0.00 | $674.97 | $120,607.36 |
| 143 | $120,607.36 | $555.80 | $0.00 | $681.93 | $121,845.09 |
| 144 | $121,845.09 | $555.80 | $0.00 | $688.93 | $123,089.82 |
| 145 | $123,089.82 | $555.80 | $0.00 | $695.97 | $124,341.59 |
| 146 | $124,341.59 | $555.80 | $0.00 | $703.05 | $125,600.44 |
| 147 | $125,600.44 | $555.80 | $0.00 | $710.16 | $126,866.40 |
| 148 | $126,866.40 | $555.80 | $0.00 | $717.32 | $128,139.52 |
| 149 | $128,139.52 | $555.80 | $0.00 | $724.52 | $129,419.84 |
| 150 | $129,419.84 | $555.80 | $0.00 | $731.76 | $130,707.40 |
| 151 | $130,707.40 | $555.80 | $0.00 | $739.04 | $132,002.24 |
| 152 | $132,002.24 | $555.80 | $0.00 | $746.36 | $133,304.40 |
| 153 | $133,304.40 | $555.80 | $0.00 | $753.72 | $134,613.92 |
| 154 | $134,613.92 | $555.80 | $0.00 | $761.13 | $135,930.85 |
| 155 | $135,930.85 | $555.80 | $0.00 | $768.57 | $137,255.22 |
| 156 | $137,255.22 | $555.80 | $0.00 | $776.06 | $138,587.08 |
| 157 | $138,587.08 | $555.80 | $0.00 | $783.59 | $139,926.47 |
| 158 | $139,926.47 | $555.80 | $0.00 | $791.16 | $141,273.43 |
| 159 | $141,273.43 | $555.80 | $0.00 | $798.78 | $142,628.01 |
| 160 | $142,628.01 | $555.80 | $0.00 | $806.44 | $143,990.25 |
| 161 | $143,990.25 | $555.80 | $0.00 | $814.14 | $145,360.19 |
| 162 | $145,360.19 | $555.80 | $0.00 | $821.89 | $146,737.88 |
| 163 | $146,737.88 | $555.80 | $0.00 | $829.68 | $148,123.36 |
| 164 | $148,123.36 | $555.80 | $0.00 | $837.51 | $149,516.67 |
| 165 | $149,516.67 | $555.80 | $0.00 | $845.39 | $150,917.86 |
| 166 | $150,917.86 | $555.80 | $0.00 | $853.31 | $152,326.97 |
| 167 | $152,326.97 | $555.80 | $0.00 | $861.28 | $153,744.05 |
| 168 | $153,744.05 | $555.80 | $0.00 | $869.29 | $155,169.14 |
| 169 | $155,169.14 | $555.80 | $0.00 | $877.35 | $156,602.29 |
| 170 | $156,602.29 | $555.80 | $0.00 | $885.45 | $158,043.54 |
| 171 | $158,043.54 | $555.80 | $0.00 | $893.60 | $159,492.94 |
| 172 | $159,492.94 | $555.80 | $0.00 | $901.80 | $160,950.54 |
| 173 | $160,950.54 | $555.80 | $0.00 | $910.04 | $162,416.38 |
| 174 | $162,416.38 | $555.80 | $0.00 | $918.33 | $163,890.51 |
| 175 | $163,890.51 | $555.80 | $0.00 | $926.66 | $165,372.97 |
| 176 | $165,372.97 | $555.80 | $0.00 | $935.04 | $166,863.81 |
| 177 | $166,863.81 | $555.80 | $0.00 | $943.47 | $168,363.08 |
| 178 | $168,363.08 | $555.80 | $0.00 | $951.95 | $169,870.83 |
| 179 | $169,870.83 | $555.80 | $0.00 | $960.47 | $171,387.10 |
| 180 | $171,387.10 | $555.80 | $0.00 | $969.05 | $172,911.95 |
| 181 | $172,911.95 | $555.80 | $0.00 | $977.67 | $174,445.42 |
| 182 | $174,445.42 | $555.80 | $0.00 | $986.34 | $175,987.56 |
| 183 | $175,987.56 | $555.80 | $0.00 | $995.06 | $177,538.42 |
| 184 | $177,538.42 | $555.80 | $0.00 | $1,003.83 | $179,098.05 |
| 185 | $179,098.05 | $555.80 | $0.00 | $1,012.65 | $180,666.50 |
| 186 | $180,666.50 | $555.80 | $0.00 | $1,021.51 | $182,243.81 |
| 187 | $182,243.81 | $555.80 | $0.00 | $1,030.43 | $183,830.04 |
| 188 | $183,830.04 | $555.80 | $0.00 | $1,039.40 | $185,425.24 |
| 189 | $185,425.24 | $555.80 | $0.00 | $1,048.42 | $187,029.46 |
| 190 | $187,029.46 | $555.80 | $0.00 | $1,057.49 | $188,642.75 |
| 191 | $188,642.75 | $555.80 | $0.00 | $1,066.61 | $190,265.16 |
| 192 | $190,265.16 | $555.80 | $0.00 | $1,075.79 | $191,896.75 |
| 193 | $191,896.75 | $555.80 | $0.00 | $1,085.01 | $193,537.56 |
| 194 | $193,537.56 | $555.80 | $0.00 | $1,094.29 | $195,187.65 |
| 195 | $195,187.65 | $555.80 | $0.00 | $1,103.62 | $196,847.07 |
| 196 | $196,847.07 | $555.80 | $0.00 | $1,113.00 | $198,515.87 |
| 197 | $198,515.87 | $555.80 | $0.00 | $1,122.44 | $200,194.11 |
| 198 | $200,194.11 | $555.80 | $0.00 | $1,131.93 | $201,881.84 |
| 199 | $201,881.84 | $555.80 | $0.00 | $1,141.47 | $203,579.11 |
| 200 | $203,579.11 | $555.80 | $0.00 | $1,151.07 | $205,285.98 |
| 201 | $205,285.98 | $555.80 | $0.00 | $1,160.72 | $207,002.50 |
| 202 | $207,002.50 | $555.80 | $0.00 | $1,170.42 | $208,728.72 |
| 203 | $208,728.72 | $555.80 | $0.00 | $1,180.18 | $210,464.70 |
| 204 | $210,464.70 | $555.80 | $0.00 | $1,190.00 | $212,210.50 |
| 205 | $212,210.50 | $555.80 | $0.00 | $1,199.87 | $213,966.17 |
| 206 | $213,966.17 | $555.80 | $0.00 | $1,209.80 | $215,731.77 |
| 207 | $215,731.77 | $555.80 | $0.00 | $1,219.78 | $217,507.35 |
| 208 | $217,507.35 | $555.80 | $0.00 | $1,229.82 | $219,292.97 |
| 209 | $219,292.97 | $555.80 | $0.00 | $1,239.91 | $221,088.68 |
| 210 | $221,088.68 | $555.80 | $0.00 | $1,250.07 | $222,894.55 |
| 211 | $222,894.55 | $555.80 | $0.00 | $1,260.28 | $224,710.63 |
| 212 | $224,710.63 | $555.80 | $0.00 | $1,270.55 | $226,536.98 |
| 213 | $226,536.98 | $555.80 | $0.00 | $1,280.87 | $228,373.65 |
| 214 | $228,373.65 | $555.80 | $0.00 | $1,291.26 | $230,220.71 |
| 215 | $230,220.71 | $555.80 | $0.00 | $1,301.70 | $232,078.21 |
| 216 | $232,078.21 | $555.80 | $0.00 | $1,312.20 | $233,946.21 |
| 217 | $233,946.21 | $555.80 | $120,869.76 | $1,322.77 | $114,955.02 |
| 218 | $114,955.02 | $555.80 | $0.00 | $649.97 | $116,160.79 |
| 219 | $116,160.79 | $555.80 | $0.00 | $656.79 | $117,373.38 |
| 220 | $117,373.38 | $555.80 | $0.00 | $663.65 | $118,592.83 |
| 221 | $118,592.83 | $555.80 | $0.00 | $670.54 | $119,819.17 |
| 222 | $119,819.17 | $555.80 | $0.00 | $677.48 | $121,052.45 |
| 223 | $121,052.45 | $555.80 | $0.00 | $684.45 | $122,292.70 |
| 224 | $122,292.70 | $555.80 | $0.00 | $691.46 | $123,539.96 |
| 225 | $123,539.96 | $555.80 | $0.00 | $698.51 | $124,794.27 |
| 226 | $124,794.27 | $555.80 | $0.00 | $705.60 | $126,055.67 |
| 227 | $126,055.67 | $555.80 | $0.00 | $712.74 | $127,324.21 |
| 228 | $127,324.21 | $555.80 | $0.00 | $719.91 | $128,599.92 |
| 229 | $128,599.92 | $0.00 | $129,330.64 | $727.12 | -$3.60 |