How much will it cost and what do you need to save?
| Estimated Annual Cost in 2040 | $88,079 |
| Monthly savings required | $391 |
How much will it cost to send your child to Centura College Chesapeake in 18 years and how much do you need to save? A 2 year degree is estimated to be priced at $176,158.03 for students enrolling in 2040 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $391.45 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 | $35,706.00 |
| Years until enrollment | 18 |
| Annual Tuition Increase | 5% |
| 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 Centura College Chesapeake in the future.
| Month | Begin | Deposit | Withdraw | Interest | End |
|---|---|---|---|---|---|
| 1 | $0.00 | $391.45 | $0.00 | $0.00 | $391.45 |
| 2 | $391.45 | $391.45 | $0.00 | $2.21 | $785.11 |
| 3 | $785.11 | $391.45 | $0.00 | $4.44 | $1,181.00 |
| 4 | $1,181.00 | $391.45 | $0.00 | $6.68 | $1,579.13 |
| 5 | $1,579.13 | $391.45 | $0.00 | $8.93 | $1,979.51 |
| 6 | $1,979.51 | $391.45 | $0.00 | $11.19 | $2,382.15 |
| 7 | $2,382.15 | $391.45 | $0.00 | $13.47 | $2,787.07 |
| 8 | $2,787.07 | $391.45 | $0.00 | $15.76 | $3,194.28 |
| 9 | $3,194.28 | $391.45 | $0.00 | $18.06 | $3,603.79 |
| 10 | $3,603.79 | $391.45 | $0.00 | $20.38 | $4,015.62 |
| 11 | $4,015.62 | $391.45 | $0.00 | $22.70 | $4,429.77 |
| 12 | $4,429.77 | $391.45 | $0.00 | $25.05 | $4,846.27 |
| 13 | $4,846.27 | $391.45 | $0.00 | $27.40 | $5,265.12 |
| 14 | $5,265.12 | $391.45 | $0.00 | $29.77 | $5,686.34 |
| 15 | $5,686.34 | $391.45 | $0.00 | $32.15 | $6,109.94 |
| 16 | $6,109.94 | $391.45 | $0.00 | $34.55 | $6,535.94 |
| 17 | $6,535.94 | $391.45 | $0.00 | $36.96 | $6,964.35 |
| 18 | $6,964.35 | $391.45 | $0.00 | $39.38 | $7,395.18 |
| 19 | $7,395.18 | $391.45 | $0.00 | $41.81 | $7,828.44 |
| 20 | $7,828.44 | $391.45 | $0.00 | $44.26 | $8,264.15 |
| 21 | $8,264.15 | $391.45 | $0.00 | $46.73 | $8,702.33 |
| 22 | $8,702.33 | $391.45 | $0.00 | $49.20 | $9,142.98 |
| 23 | $9,142.98 | $391.45 | $0.00 | $51.70 | $9,586.13 |
| 24 | $9,586.13 | $391.45 | $0.00 | $54.20 | $10,031.78 |
| 25 | $10,031.78 | $391.45 | $0.00 | $56.72 | $10,479.95 |
| 26 | $10,479.95 | $391.45 | $0.00 | $59.26 | $10,930.66 |
| 27 | $10,930.66 | $391.45 | $0.00 | $61.80 | $11,383.91 |
| 28 | $11,383.91 | $391.45 | $0.00 | $64.37 | $11,839.73 |
| 29 | $11,839.73 | $391.45 | $0.00 | $66.94 | $12,298.12 |
| 30 | $12,298.12 | $391.45 | $0.00 | $69.54 | $12,759.11 |
| 31 | $12,759.11 | $391.45 | $0.00 | $72.14 | $13,222.70 |
| 32 | $13,222.70 | $391.45 | $0.00 | $74.76 | $13,688.91 |
| 33 | $13,688.91 | $391.45 | $0.00 | $77.40 | $14,157.76 |
| 34 | $14,157.76 | $391.45 | $0.00 | $80.05 | $14,629.26 |
| 35 | $14,629.26 | $391.45 | $0.00 | $82.72 | $15,103.43 |
| 36 | $15,103.43 | $391.45 | $0.00 | $85.40 | $15,580.28 |
| 37 | $15,580.28 | $391.45 | $0.00 | $88.09 | $16,059.82 |
| 38 | $16,059.82 | $391.45 | $0.00 | $90.80 | $16,542.07 |
| 39 | $16,542.07 | $391.45 | $0.00 | $93.53 | $17,027.05 |
| 40 | $17,027.05 | $391.45 | $0.00 | $96.27 | $17,514.77 |
| 41 | $17,514.77 | $391.45 | $0.00 | $99.03 | $18,005.25 |
| 42 | $18,005.25 | $391.45 | $0.00 | $101.80 | $18,498.50 |
| 43 | $18,498.50 | $391.45 | $0.00 | $104.59 | $18,994.54 |
| 44 | $18,994.54 | $391.45 | $0.00 | $107.40 | $19,493.39 |
| 45 | $19,493.39 | $391.45 | $0.00 | $110.22 | $19,995.06 |
| 46 | $19,995.06 | $391.45 | $0.00 | $113.05 | $20,499.56 |
| 47 | $20,499.56 | $391.45 | $0.00 | $115.91 | $21,006.92 |
| 48 | $21,006.92 | $391.45 | $0.00 | $118.78 | $21,517.15 |
| 49 | $21,517.15 | $391.45 | $0.00 | $121.66 | $22,030.26 |
| 50 | $22,030.26 | $391.45 | $0.00 | $124.56 | $22,546.27 |
| 51 | $22,546.27 | $391.45 | $0.00 | $127.48 | $23,065.20 |
| 52 | $23,065.20 | $391.45 | $0.00 | $130.41 | $23,587.06 |
| 53 | $23,587.06 | $391.45 | $0.00 | $133.36 | $24,111.87 |
| 54 | $24,111.87 | $391.45 | $0.00 | $136.33 | $24,639.65 |
| 55 | $24,639.65 | $391.45 | $0.00 | $139.32 | $25,170.42 |
| 56 | $25,170.42 | $391.45 | $0.00 | $142.32 | $25,704.19 |
| 57 | $25,704.19 | $391.45 | $0.00 | $145.34 | $26,240.98 |
| 58 | $26,240.98 | $391.45 | $0.00 | $148.37 | $26,780.80 |
| 59 | $26,780.80 | $391.45 | $0.00 | $151.42 | $27,323.67 |
| 60 | $27,323.67 | $391.45 | $0.00 | $154.49 | $27,869.61 |
| 61 | $27,869.61 | $391.45 | $0.00 | $157.58 | $28,418.64 |
| 62 | $28,418.64 | $391.45 | $0.00 | $160.68 | $28,970.77 |
| 63 | $28,970.77 | $391.45 | $0.00 | $163.80 | $29,526.02 |
| 64 | $29,526.02 | $391.45 | $0.00 | $166.94 | $30,084.41 |
| 65 | $30,084.41 | $391.45 | $0.00 | $170.10 | $30,645.96 |
| 66 | $30,645.96 | $391.45 | $0.00 | $173.28 | $31,210.69 |
| 67 | $31,210.69 | $391.45 | $0.00 | $176.47 | $31,778.61 |
| 68 | $31,778.61 | $391.45 | $0.00 | $179.68 | $32,349.74 |
| 69 | $32,349.74 | $391.45 | $0.00 | $182.91 | $32,924.10 |
| 70 | $32,924.10 | $391.45 | $0.00 | $186.16 | $33,501.71 |
| 71 | $33,501.71 | $391.45 | $0.00 | $189.42 | $34,082.58 |
| 72 | $34,082.58 | $391.45 | $0.00 | $192.71 | $34,666.74 |
| 73 | $34,666.74 | $391.45 | $0.00 | $196.01 | $35,254.20 |
| 74 | $35,254.20 | $391.45 | $0.00 | $199.33 | $35,844.98 |
| 75 | $35,844.98 | $391.45 | $0.00 | $202.67 | $36,439.10 |
| 76 | $36,439.10 | $391.45 | $0.00 | $206.03 | $37,036.58 |
| 77 | $37,036.58 | $391.45 | $0.00 | $209.41 | $37,637.44 |
| 78 | $37,637.44 | $391.45 | $0.00 | $212.81 | $38,241.70 |
| 79 | $38,241.70 | $391.45 | $0.00 | $216.22 | $38,849.37 |
| 80 | $38,849.37 | $391.45 | $0.00 | $219.66 | $39,460.48 |
| 81 | $39,460.48 | $391.45 | $0.00 | $223.12 | $40,075.05 |
| 82 | $40,075.05 | $391.45 | $0.00 | $226.59 | $40,693.09 |
| 83 | $40,693.09 | $391.45 | $0.00 | $230.08 | $41,314.62 |
| 84 | $41,314.62 | $391.45 | $0.00 | $233.60 | $41,939.67 |
| 85 | $41,939.67 | $391.45 | $0.00 | $237.13 | $42,568.25 |
| 86 | $42,568.25 | $391.45 | $0.00 | $240.69 | $43,200.39 |
| 87 | $43,200.39 | $391.45 | $0.00 | $244.26 | $43,836.10 |
| 88 | $43,836.10 | $391.45 | $0.00 | $247.86 | $44,475.41 |
| 89 | $44,475.41 | $391.45 | $0.00 | $251.47 | $45,118.33 |
| 90 | $45,118.33 | $391.45 | $0.00 | $255.11 | $45,764.89 |
| 91 | $45,764.89 | $391.45 | $0.00 | $258.76 | $46,415.10 |
| 92 | $46,415.10 | $391.45 | $0.00 | $262.44 | $47,068.99 |
| 93 | $47,068.99 | $391.45 | $0.00 | $266.13 | $47,726.57 |
| 94 | $47,726.57 | $391.45 | $0.00 | $269.85 | $48,387.87 |
| 95 | $48,387.87 | $391.45 | $0.00 | $273.59 | $49,052.91 |
| 96 | $49,052.91 | $391.45 | $0.00 | $277.35 | $49,721.71 |
| 97 | $49,721.71 | $391.45 | $0.00 | $281.13 | $50,394.29 |
| 98 | $50,394.29 | $391.45 | $0.00 | $284.94 | $51,070.68 |
| 99 | $51,070.68 | $391.45 | $0.00 | $288.76 | $51,750.89 |
| 100 | $51,750.89 | $391.45 | $0.00 | $292.61 | $52,434.95 |
| 101 | $52,434.95 | $391.45 | $0.00 | $296.47 | $53,122.87 |
| 102 | $53,122.87 | $391.45 | $0.00 | $300.36 | $53,814.68 |
| 103 | $53,814.68 | $391.45 | $0.00 | $304.28 | $54,510.41 |
| 104 | $54,510.41 | $391.45 | $0.00 | $308.21 | $55,210.07 |
| 105 | $55,210.07 | $391.45 | $0.00 | $312.17 | $55,913.69 |
| 106 | $55,913.69 | $391.45 | $0.00 | $316.14 | $56,621.28 |
| 107 | $56,621.28 | $391.45 | $0.00 | $320.14 | $57,332.87 |
| 108 | $57,332.87 | $391.45 | $0.00 | $324.17 | $58,048.49 |
| 109 | $58,048.49 | $391.45 | $0.00 | $328.21 | $58,768.15 |
| 110 | $58,768.15 | $391.45 | $0.00 | $332.28 | $59,491.88 |
| 111 | $59,491.88 | $391.45 | $0.00 | $336.38 | $60,219.71 |
| 112 | $60,219.71 | $391.45 | $0.00 | $340.49 | $60,951.65 |
| 113 | $60,951.65 | $391.45 | $0.00 | $344.63 | $61,687.73 |
| 114 | $61,687.73 | $391.45 | $0.00 | $348.79 | $62,427.97 |
| 115 | $62,427.97 | $391.45 | $0.00 | $352.98 | $63,172.40 |
| 116 | $63,172.40 | $391.45 | $0.00 | $357.19 | $63,921.04 |
| 117 | $63,921.04 | $391.45 | $0.00 | $361.42 | $64,673.91 |
| 118 | $64,673.91 | $391.45 | $0.00 | $365.68 | $65,431.04 |
| 119 | $65,431.04 | $391.45 | $0.00 | $369.96 | $66,192.45 |
| 120 | $66,192.45 | $391.45 | $0.00 | $374.26 | $66,958.16 |
| 121 | $66,958.16 | $391.45 | $0.00 | $378.59 | $67,728.20 |
| 122 | $67,728.20 | $391.45 | $0.00 | $382.95 | $68,502.60 |
| 123 | $68,502.60 | $391.45 | $0.00 | $387.32 | $69,281.37 |
| 124 | $69,281.37 | $391.45 | $0.00 | $391.73 | $70,064.55 |
| 125 | $70,064.55 | $391.45 | $0.00 | $396.16 | $70,852.16 |
| 126 | $70,852.16 | $391.45 | $0.00 | $400.61 | $71,644.22 |
| 127 | $71,644.22 | $391.45 | $0.00 | $405.09 | $72,440.76 |
| 128 | $72,440.76 | $391.45 | $0.00 | $409.59 | $73,241.80 |
| 129 | $73,241.80 | $391.45 | $0.00 | $414.12 | $74,047.37 |
| 130 | $74,047.37 | $391.45 | $0.00 | $418.67 | $74,857.49 |
| 131 | $74,857.49 | $391.45 | $0.00 | $423.26 | $75,672.20 |
| 132 | $75,672.20 | $391.45 | $0.00 | $427.86 | $76,491.51 |
| 133 | $76,491.51 | $391.45 | $0.00 | $432.49 | $77,315.45 |
| 134 | $77,315.45 | $391.45 | $0.00 | $437.15 | $78,144.05 |
| 135 | $78,144.05 | $391.45 | $0.00 | $441.84 | $78,977.34 |
| 136 | $78,977.34 | $391.45 | $0.00 | $446.55 | $79,815.34 |
| 137 | $79,815.34 | $391.45 | $0.00 | $451.29 | $80,658.08 |
| 138 | $80,658.08 | $391.45 | $0.00 | $456.05 | $81,505.58 |
| 139 | $81,505.58 | $391.45 | $0.00 | $460.84 | $82,357.87 |
| 140 | $82,357.87 | $391.45 | $0.00 | $465.66 | $83,214.98 |
| 141 | $83,214.98 | $391.45 | $0.00 | $470.51 | $84,076.94 |
| 142 | $84,076.94 | $391.45 | $0.00 | $475.38 | $84,943.77 |
| 143 | $84,943.77 | $391.45 | $0.00 | $480.28 | $85,815.50 |
| 144 | $85,815.50 | $391.45 | $0.00 | $485.21 | $86,692.16 |
| 145 | $86,692.16 | $391.45 | $0.00 | $490.17 | $87,573.78 |
| 146 | $87,573.78 | $391.45 | $0.00 | $495.15 | $88,460.38 |
| 147 | $88,460.38 | $391.45 | $0.00 | $500.17 | $89,352.00 |
| 148 | $89,352.00 | $391.45 | $0.00 | $505.21 | $90,248.66 |
| 149 | $90,248.66 | $391.45 | $0.00 | $510.28 | $91,150.39 |
| 150 | $91,150.39 | $391.45 | $0.00 | $515.38 | $92,057.22 |
| 151 | $92,057.22 | $391.45 | $0.00 | $520.50 | $92,969.17 |
| 152 | $92,969.17 | $391.45 | $0.00 | $525.66 | $93,886.28 |
| 153 | $93,886.28 | $391.45 | $0.00 | $530.85 | $94,808.58 |
| 154 | $94,808.58 | $391.45 | $0.00 | $536.06 | $95,736.09 |
| 155 | $95,736.09 | $391.45 | $0.00 | $541.31 | $96,668.85 |
| 156 | $96,668.85 | $391.45 | $0.00 | $546.58 | $97,606.88 |
| 157 | $97,606.88 | $391.45 | $0.00 | $551.88 | $98,550.21 |
| 158 | $98,550.21 | $391.45 | $0.00 | $557.22 | $99,498.88 |
| 159 | $99,498.88 | $391.45 | $0.00 | $562.58 | $100,452.91 |
| 160 | $100,452.91 | $391.45 | $0.00 | $567.98 | $101,412.34 |
| 161 | $101,412.34 | $391.45 | $0.00 | $573.40 | $102,377.19 |
| 162 | $102,377.19 | $391.45 | $0.00 | $578.86 | $103,347.50 |
| 163 | $103,347.50 | $391.45 | $0.00 | $584.34 | $104,323.29 |
| 164 | $104,323.29 | $391.45 | $0.00 | $589.86 | $105,304.60 |
| 165 | $105,304.60 | $391.45 | $0.00 | $595.41 | $106,291.46 |
| 166 | $106,291.46 | $391.45 | $0.00 | $600.99 | $107,283.90 |
| 167 | $107,283.90 | $391.45 | $0.00 | $606.60 | $108,281.95 |
| 168 | $108,281.95 | $391.45 | $0.00 | $612.24 | $109,285.64 |
| 169 | $109,285.64 | $391.45 | $0.00 | $617.92 | $110,295.01 |
| 170 | $110,295.01 | $391.45 | $0.00 | $623.62 | $111,310.08 |
| 171 | $111,310.08 | $391.45 | $0.00 | $629.36 | $112,330.89 |
| 172 | $112,330.89 | $391.45 | $0.00 | $635.14 | $113,357.48 |
| 173 | $113,357.48 | $391.45 | $0.00 | $640.94 | $114,389.87 |
| 174 | $114,389.87 | $391.45 | $0.00 | $646.78 | $115,428.10 |
| 175 | $115,428.10 | $391.45 | $0.00 | $652.65 | $116,472.20 |
| 176 | $116,472.20 | $391.45 | $0.00 | $658.55 | $117,522.20 |
| 177 | $117,522.20 | $391.45 | $0.00 | $664.49 | $118,578.14 |
| 178 | $118,578.14 | $391.45 | $0.00 | $670.46 | $119,640.05 |
| 179 | $119,640.05 | $391.45 | $0.00 | $676.46 | $120,707.96 |
| 180 | $120,707.96 | $391.45 | $0.00 | $682.50 | $121,781.91 |
| 181 | $121,781.91 | $391.45 | $0.00 | $688.57 | $122,861.93 |
| 182 | $122,861.93 | $391.45 | $0.00 | $694.68 | $123,948.06 |
| 183 | $123,948.06 | $391.45 | $0.00 | $700.82 | $125,040.33 |
| 184 | $125,040.33 | $391.45 | $0.00 | $707.00 | $126,138.78 |
| 185 | $126,138.78 | $391.45 | $0.00 | $713.21 | $127,243.44 |
| 186 | $127,243.44 | $391.45 | $0.00 | $719.45 | $128,354.34 |
| 187 | $128,354.34 | $391.45 | $0.00 | $725.73 | $129,471.52 |
| 188 | $129,471.52 | $391.45 | $0.00 | $732.05 | $130,595.02 |
| 189 | $130,595.02 | $391.45 | $0.00 | $738.40 | $131,724.87 |
| 190 | $131,724.87 | $391.45 | $0.00 | $744.79 | $132,861.11 |
| 191 | $132,861.11 | $391.45 | $0.00 | $751.22 | $134,003.78 |
| 192 | $134,003.78 | $391.45 | $0.00 | $757.68 | $135,152.91 |
| 193 | $135,152.91 | $391.45 | $0.00 | $764.17 | $136,308.53 |
| 194 | $136,308.53 | $391.45 | $0.00 | $770.71 | $137,470.69 |
| 195 | $137,470.69 | $391.45 | $0.00 | $777.28 | $138,639.42 |
| 196 | $138,639.42 | $391.45 | $0.00 | $783.89 | $139,814.76 |
| 197 | $139,814.76 | $391.45 | $0.00 | $790.53 | $140,996.74 |
| 198 | $140,996.74 | $391.45 | $0.00 | $797.22 | $142,185.41 |
| 199 | $142,185.41 | $391.45 | $0.00 | $803.94 | $143,380.80 |
| 200 | $143,380.80 | $391.45 | $0.00 | $810.70 | $144,582.95 |
| 201 | $144,582.95 | $391.45 | $0.00 | $817.49 | $145,791.89 |
| 202 | $145,791.89 | $391.45 | $0.00 | $824.33 | $147,007.67 |
| 203 | $147,007.67 | $391.45 | $0.00 | $831.20 | $148,230.32 |
| 204 | $148,230.32 | $391.45 | $0.00 | $838.12 | $149,459.89 |
| 205 | $149,459.89 | $391.45 | $0.00 | $845.07 | $150,696.41 |
| 206 | $150,696.41 | $391.45 | $0.00 | $852.06 | $151,939.92 |
| 207 | $151,939.92 | $391.45 | $0.00 | $859.09 | $153,190.46 |
| 208 | $153,190.46 | $391.45 | $0.00 | $866.16 | $154,448.07 |
| 209 | $154,448.07 | $391.45 | $0.00 | $873.27 | $155,712.79 |
| 210 | $155,712.79 | $391.45 | $0.00 | $880.42 | $156,984.66 |
| 211 | $156,984.66 | $391.45 | $0.00 | $887.61 | $158,263.72 |
| 212 | $158,263.72 | $391.45 | $0.00 | $894.85 | $159,550.02 |
| 213 | $159,550.02 | $391.45 | $0.00 | $902.12 | $160,843.59 |
| 214 | $160,843.59 | $391.45 | $0.00 | $909.43 | $162,144.47 |
| 215 | $162,144.47 | $391.45 | $0.00 | $916.79 | $163,452.71 |
| 216 | $163,452.71 | $391.45 | $0.00 | $924.19 | $164,768.35 |
| 217 | $164,768.35 | $391.45 | $85,930.75 | $931.62 | $80,160.67 |
| 218 | $80,160.67 | $391.45 | $0.00 | $453.24 | $81,005.36 |
| 219 | $81,005.36 | $391.45 | $0.00 | $458.02 | $81,854.83 |
| 220 | $81,854.83 | $391.45 | $0.00 | $462.82 | $82,709.10 |
| 221 | $82,709.10 | $391.45 | $0.00 | $467.65 | $83,568.20 |
| 222 | $83,568.20 | $391.45 | $0.00 | $472.51 | $84,432.16 |
| 223 | $84,432.16 | $391.45 | $0.00 | $477.39 | $85,301.00 |
| 224 | $85,301.00 | $391.45 | $0.00 | $482.30 | $86,174.75 |
| 225 | $86,174.75 | $391.45 | $0.00 | $487.24 | $87,053.44 |
| 226 | $87,053.44 | $391.45 | $0.00 | $492.21 | $87,937.10 |
| 227 | $87,937.10 | $391.45 | $0.00 | $497.21 | $88,825.76 |
| 228 | $88,825.76 | $391.45 | $0.00 | $502.23 | $89,719.44 |
| 229 | $89,719.44 | $0.00 | $90,227.28 | $507.29 | ($0.55) |