Estimated Annual Cost in 2042 | $114,456 |
Monthly savings required | $905 |
How much will it cost to send your child to James Madison University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $457,824.61 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $904.57 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 | $30,508.00 |
Years until enrollment | 18 |
Annual Tuition Increase | 7% |
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 James Madison University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $904.57 | $0.00 | $0.00 | $904.57 |
2 | $904.57 | $904.57 | $0.00 | $5.11 | $1,814.25 |
3 | $1,814.25 | $904.57 | $0.00 | $10.26 | $2,729.08 |
4 | $2,729.08 | $904.57 | $0.00 | $15.43 | $3,649.08 |
5 | $3,649.08 | $904.57 | $0.00 | $20.63 | $4,574.28 |
6 | $4,574.28 | $904.57 | $0.00 | $25.86 | $5,504.71 |
7 | $5,504.71 | $904.57 | $0.00 | $31.12 | $6,440.40 |
8 | $6,440.40 | $904.57 | $0.00 | $36.41 | $7,381.38 |
9 | $7,381.38 | $904.57 | $0.00 | $41.74 | $8,327.69 |
10 | $8,327.69 | $904.57 | $0.00 | $47.09 | $9,279.35 |
11 | $9,279.35 | $904.57 | $0.00 | $52.47 | $10,236.39 |
12 | $10,236.39 | $904.57 | $0.00 | $57.88 | $11,198.84 |
13 | $11,198.84 | $904.57 | $0.00 | $63.32 | $12,166.73 |
14 | $12,166.73 | $904.57 | $0.00 | $68.79 | $13,140.09 |
15 | $13,140.09 | $904.57 | $0.00 | $74.30 | $14,118.96 |
16 | $14,118.96 | $904.57 | $0.00 | $79.83 | $15,103.36 |
17 | $15,103.36 | $904.57 | $0.00 | $85.40 | $16,093.33 |
18 | $16,093.33 | $904.57 | $0.00 | $90.99 | $17,088.89 |
19 | $17,088.89 | $904.57 | $0.00 | $96.62 | $18,090.08 |
20 | $18,090.08 | $904.57 | $0.00 | $102.28 | $19,096.93 |
21 | $19,096.93 | $904.57 | $0.00 | $107.98 | $20,109.48 |
22 | $20,109.48 | $904.57 | $0.00 | $113.70 | $21,127.75 |
23 | $21,127.75 | $904.57 | $0.00 | $119.46 | $22,151.78 |
24 | $22,151.78 | $904.57 | $0.00 | $125.25 | $23,181.60 |
25 | $23,181.60 | $904.57 | $0.00 | $131.07 | $24,217.24 |
26 | $24,217.24 | $904.57 | $0.00 | $136.93 | $25,258.74 |
27 | $25,258.74 | $904.57 | $0.00 | $142.82 | $26,306.13 |
28 | $26,306.13 | $904.57 | $0.00 | $148.74 | $27,359.44 |
29 | $27,359.44 | $904.57 | $0.00 | $154.69 | $28,418.70 |
30 | $28,418.70 | $904.57 | $0.00 | $160.68 | $29,483.95 |
31 | $29,483.95 | $904.57 | $0.00 | $166.71 | $30,555.23 |
32 | $30,555.23 | $904.57 | $0.00 | $172.76 | $31,632.56 |
33 | $31,632.56 | $904.57 | $0.00 | $178.86 | $32,715.99 |
34 | $32,715.99 | $904.57 | $0.00 | $184.98 | $33,805.54 |
35 | $33,805.54 | $904.57 | $0.00 | $191.14 | $34,901.25 |
36 | $34,901.25 | $904.57 | $0.00 | $197.34 | $36,003.16 |
37 | $36,003.16 | $904.57 | $0.00 | $203.57 | $37,111.30 |
38 | $37,111.30 | $904.57 | $0.00 | $209.83 | $38,225.70 |
39 | $38,225.70 | $904.57 | $0.00 | $216.13 | $39,346.40 |
40 | $39,346.40 | $904.57 | $0.00 | $222.47 | $40,473.44 |
41 | $40,473.44 | $904.57 | $0.00 | $228.84 | $41,606.85 |
42 | $41,606.85 | $904.57 | $0.00 | $235.25 | $42,746.67 |
43 | $42,746.67 | $904.57 | $0.00 | $241.70 | $43,892.94 |
44 | $43,892.94 | $904.57 | $0.00 | $248.18 | $45,045.69 |
45 | $45,045.69 | $904.57 | $0.00 | $254.69 | $46,204.95 |
46 | $46,204.95 | $904.57 | $0.00 | $261.25 | $47,370.77 |
47 | $47,370.77 | $904.57 | $0.00 | $267.84 | $48,543.18 |
48 | $48,543.18 | $904.57 | $0.00 | $274.47 | $49,722.22 |
49 | $49,722.22 | $904.57 | $0.00 | $281.14 | $50,907.93 |
50 | $50,907.93 | $904.57 | $0.00 | $287.84 | $52,100.34 |
51 | $52,100.34 | $904.57 | $0.00 | $294.58 | $53,299.49 |
52 | $53,299.49 | $904.57 | $0.00 | $301.36 | $54,505.42 |
53 | $54,505.42 | $904.57 | $0.00 | $308.18 | $55,718.17 |
54 | $55,718.17 | $904.57 | $0.00 | $315.04 | $56,937.78 |
55 | $56,937.78 | $904.57 | $0.00 | $321.93 | $58,164.28 |
56 | $58,164.28 | $904.57 | $0.00 | $328.87 | $59,397.72 |
57 | $59,397.72 | $904.57 | $0.00 | $335.84 | $60,638.13 |
58 | $60,638.13 | $904.57 | $0.00 | $342.86 | $61,885.56 |
59 | $61,885.56 | $904.57 | $0.00 | $349.91 | $63,140.04 |
60 | $63,140.04 | $904.57 | $0.00 | $357.00 | $64,401.61 |
61 | $64,401.61 | $904.57 | $0.00 | $364.14 | $65,670.32 |
62 | $65,670.32 | $904.57 | $0.00 | $371.31 | $66,946.20 |
63 | $66,946.20 | $904.57 | $0.00 | $378.52 | $68,229.29 |
64 | $68,229.29 | $904.57 | $0.00 | $385.78 | $69,519.64 |
65 | $69,519.64 | $904.57 | $0.00 | $393.07 | $70,817.28 |
66 | $70,817.28 | $904.57 | $0.00 | $400.41 | $72,122.26 |
67 | $72,122.26 | $904.57 | $0.00 | $407.79 | $73,434.62 |
68 | $73,434.62 | $904.57 | $0.00 | $415.21 | $74,754.40 |
69 | $74,754.40 | $904.57 | $0.00 | $422.67 | $76,081.64 |
70 | $76,081.64 | $904.57 | $0.00 | $430.18 | $77,416.39 |
71 | $77,416.39 | $904.57 | $0.00 | $437.72 | $78,758.68 |
72 | $78,758.68 | $904.57 | $0.00 | $445.31 | $80,108.56 |
73 | $80,108.56 | $904.57 | $0.00 | $452.95 | $81,466.08 |
74 | $81,466.08 | $904.57 | $0.00 | $460.62 | $82,831.27 |
75 | $82,831.27 | $904.57 | $0.00 | $468.34 | $84,204.18 |
76 | $84,204.18 | $904.57 | $0.00 | $476.10 | $85,584.85 |
77 | $85,584.85 | $904.57 | $0.00 | $483.91 | $86,973.33 |
78 | $86,973.33 | $904.57 | $0.00 | $491.76 | $88,369.66 |
79 | $88,369.66 | $904.57 | $0.00 | $499.65 | $89,773.88 |
80 | $89,773.88 | $904.57 | $0.00 | $507.59 | $91,186.04 |
81 | $91,186.04 | $904.57 | $0.00 | $515.58 | $92,606.19 |
82 | $92,606.19 | $904.57 | $0.00 | $523.61 | $94,034.37 |
83 | $94,034.37 | $904.57 | $0.00 | $531.68 | $95,470.62 |
84 | $95,470.62 | $904.57 | $0.00 | $539.80 | $96,914.99 |
85 | $96,914.99 | $904.57 | $0.00 | $547.97 | $98,367.53 |
86 | $98,367.53 | $904.57 | $0.00 | $556.18 | $99,828.28 |
87 | $99,828.28 | $904.57 | $0.00 | $564.44 | $101,297.29 |
88 | $101,297.29 | $904.57 | $0.00 | $572.75 | $102,774.61 |
89 | $102,774.61 | $904.57 | $0.00 | $581.10 | $104,260.28 |
90 | $104,260.28 | $904.57 | $0.00 | $589.50 | $105,754.35 |
91 | $105,754.35 | $904.57 | $0.00 | $597.95 | $107,256.87 |
92 | $107,256.87 | $904.57 | $0.00 | $606.45 | $108,767.89 |
93 | $108,767.89 | $904.57 | $0.00 | $614.99 | $110,287.45 |
94 | $110,287.45 | $904.57 | $0.00 | $623.58 | $111,815.60 |
95 | $111,815.60 | $904.57 | $0.00 | $632.22 | $113,352.39 |
96 | $113,352.39 | $904.57 | $0.00 | $640.91 | $114,897.87 |
97 | $114,897.87 | $904.57 | $0.00 | $649.65 | $116,452.09 |
98 | $116,452.09 | $904.57 | $0.00 | $658.44 | $118,015.10 |
99 | $118,015.10 | $904.57 | $0.00 | $667.27 | $119,586.94 |
100 | $119,586.94 | $904.57 | $0.00 | $676.16 | $121,167.67 |
101 | $121,167.67 | $904.57 | $0.00 | $685.10 | $122,757.34 |
102 | $122,757.34 | $904.57 | $0.00 | $694.09 | $124,356.00 |
103 | $124,356.00 | $904.57 | $0.00 | $703.13 | $125,963.70 |
104 | $125,963.70 | $904.57 | $0.00 | $712.22 | $127,580.49 |
105 | $127,580.49 | $904.57 | $0.00 | $721.36 | $129,206.42 |
106 | $129,206.42 | $904.57 | $0.00 | $730.55 | $130,841.54 |
107 | $130,841.54 | $904.57 | $0.00 | $739.80 | $132,485.91 |
108 | $132,485.91 | $904.57 | $0.00 | $749.09 | $134,139.57 |
109 | $134,139.57 | $904.57 | $0.00 | $758.44 | $135,802.58 |
110 | $135,802.58 | $904.57 | $0.00 | $767.85 | $137,475.00 |
111 | $137,475.00 | $904.57 | $0.00 | $777.30 | $139,156.87 |
112 | $139,156.87 | $904.57 | $0.00 | $786.81 | $140,848.25 |
113 | $140,848.25 | $904.57 | $0.00 | $796.38 | $142,549.20 |
114 | $142,549.20 | $904.57 | $0.00 | $805.99 | $144,259.76 |
115 | $144,259.76 | $904.57 | $0.00 | $815.67 | $145,980.00 |
116 | $145,980.00 | $904.57 | $0.00 | $825.39 | $147,709.96 |
117 | $147,709.96 | $904.57 | $0.00 | $835.17 | $149,449.70 |
118 | $149,449.70 | $904.57 | $0.00 | $845.01 | $151,199.28 |
119 | $151,199.28 | $904.57 | $0.00 | $854.90 | $152,958.75 |
120 | $152,958.75 | $904.57 | $0.00 | $864.85 | $154,728.17 |
121 | $154,728.17 | $904.57 | $0.00 | $874.86 | $156,507.60 |
122 | $156,507.60 | $904.57 | $0.00 | $884.92 | $158,297.09 |
123 | $158,297.09 | $904.57 | $0.00 | $895.03 | $160,096.69 |
124 | $160,096.69 | $904.57 | $0.00 | $905.21 | $161,906.47 |
125 | $161,906.47 | $904.57 | $0.00 | $915.44 | $163,726.48 |
126 | $163,726.48 | $904.57 | $0.00 | $925.73 | $165,556.78 |
127 | $165,556.78 | $904.57 | $0.00 | $936.08 | $167,397.43 |
128 | $167,397.43 | $904.57 | $0.00 | $946.49 | $169,248.49 |
129 | $169,248.49 | $904.57 | $0.00 | $956.96 | $171,110.02 |
130 | $171,110.02 | $904.57 | $0.00 | $967.48 | $172,982.07 |
131 | $172,982.07 | $904.57 | $0.00 | $978.07 | $174,864.71 |
132 | $174,864.71 | $904.57 | $0.00 | $988.71 | $176,757.99 |
133 | $176,757.99 | $904.57 | $0.00 | $999.42 | $178,661.98 |
134 | $178,661.98 | $904.57 | $0.00 | $1,010.18 | $180,576.73 |
135 | $180,576.73 | $904.57 | $0.00 | $1,021.01 | $182,502.31 |
136 | $182,502.31 | $904.57 | $0.00 | $1,031.89 | $184,438.77 |
137 | $184,438.77 | $904.57 | $0.00 | $1,042.84 | $186,386.18 |
138 | $186,386.18 | $904.57 | $0.00 | $1,053.85 | $188,344.60 |
139 | $188,344.60 | $904.57 | $0.00 | $1,064.93 | $190,314.10 |
140 | $190,314.10 | $904.57 | $0.00 | $1,076.06 | $192,294.73 |
141 | $192,294.73 | $904.57 | $0.00 | $1,087.26 | $194,286.56 |
142 | $194,286.56 | $904.57 | $0.00 | $1,098.52 | $196,289.65 |
143 | $196,289.65 | $904.57 | $0.00 | $1,109.85 | $198,304.07 |
144 | $198,304.07 | $904.57 | $0.00 | $1,121.24 | $200,329.88 |
145 | $200,329.88 | $904.57 | $0.00 | $1,132.69 | $202,367.14 |
146 | $202,367.14 | $904.57 | $0.00 | $1,144.21 | $204,415.92 |
147 | $204,415.92 | $904.57 | $0.00 | $1,155.80 | $206,476.29 |
148 | $206,476.29 | $904.57 | $0.00 | $1,167.45 | $208,548.31 |
149 | $208,548.31 | $904.57 | $0.00 | $1,179.16 | $210,632.04 |
150 | $210,632.04 | $904.57 | $0.00 | $1,190.94 | $212,727.55 |
151 | $212,727.55 | $904.57 | $0.00 | $1,202.79 | $214,834.91 |
152 | $214,834.91 | $904.57 | $0.00 | $1,214.71 | $216,954.19 |
153 | $216,954.19 | $904.57 | $0.00 | $1,226.69 | $219,085.45 |
154 | $219,085.45 | $904.57 | $0.00 | $1,238.74 | $221,228.76 |
155 | $221,228.76 | $904.57 | $0.00 | $1,250.86 | $223,384.19 |
156 | $223,384.19 | $904.57 | $0.00 | $1,263.05 | $225,551.81 |
157 | $225,551.81 | $904.57 | $0.00 | $1,275.30 | $227,731.68 |
158 | $227,731.68 | $904.57 | $0.00 | $1,287.63 | $229,923.88 |
159 | $229,923.88 | $904.57 | $0.00 | $1,300.02 | $232,128.47 |
160 | $232,128.47 | $904.57 | $0.00 | $1,312.49 | $234,345.53 |
161 | $234,345.53 | $904.57 | $0.00 | $1,325.02 | $236,575.12 |
162 | $236,575.12 | $904.57 | $0.00 | $1,337.63 | $238,817.32 |
163 | $238,817.32 | $904.57 | $0.00 | $1,350.31 | $241,072.20 |
164 | $241,072.20 | $904.57 | $0.00 | $1,363.06 | $243,339.83 |
165 | $243,339.83 | $904.57 | $0.00 | $1,375.88 | $245,620.28 |
166 | $245,620.28 | $904.57 | $0.00 | $1,388.77 | $247,913.62 |
167 | $247,913.62 | $904.57 | $0.00 | $1,401.74 | $250,219.93 |
168 | $250,219.93 | $904.57 | $0.00 | $1,414.78 | $252,539.28 |
169 | $252,539.28 | $904.57 | $0.00 | $1,427.89 | $254,871.74 |
170 | $254,871.74 | $904.57 | $0.00 | $1,441.08 | $257,217.39 |
171 | $257,217.39 | $904.57 | $0.00 | $1,454.34 | $259,576.30 |
172 | $259,576.30 | $904.57 | $0.00 | $1,467.68 | $261,948.55 |
173 | $261,948.55 | $904.57 | $0.00 | $1,481.10 | $264,334.22 |
174 | $264,334.22 | $904.57 | $0.00 | $1,494.58 | $266,733.37 |
175 | $266,733.37 | $904.57 | $0.00 | $1,508.15 | $269,146.09 |
176 | $269,146.09 | $904.57 | $0.00 | $1,521.79 | $271,572.45 |
177 | $271,572.45 | $904.57 | $0.00 | $1,535.51 | $274,012.53 |
178 | $274,012.53 | $904.57 | $0.00 | $1,549.31 | $276,466.41 |
179 | $276,466.41 | $904.57 | $0.00 | $1,563.18 | $278,934.16 |
180 | $278,934.16 | $904.57 | $0.00 | $1,577.13 | $281,415.86 |
181 | $281,415.86 | $904.57 | $0.00 | $1,591.17 | $283,911.60 |
182 | $283,911.60 | $904.57 | $0.00 | $1,605.28 | $286,421.45 |
183 | $286,421.45 | $904.57 | $0.00 | $1,619.47 | $288,945.49 |
184 | $288,945.49 | $904.57 | $0.00 | $1,633.74 | $291,483.80 |
185 | $291,483.80 | $904.57 | $0.00 | $1,648.09 | $294,036.46 |
186 | $294,036.46 | $904.57 | $0.00 | $1,662.52 | $296,603.55 |
187 | $296,603.55 | $904.57 | $0.00 | $1,677.04 | $299,185.16 |
188 | $299,185.16 | $904.57 | $0.00 | $1,691.64 | $301,781.37 |
189 | $301,781.37 | $904.57 | $0.00 | $1,706.32 | $304,392.26 |
190 | $304,392.26 | $904.57 | $0.00 | $1,721.08 | $307,017.91 |
191 | $307,017.91 | $904.57 | $0.00 | $1,735.92 | $309,658.40 |
192 | $309,658.40 | $904.57 | $0.00 | $1,750.85 | $312,313.82 |
193 | $312,313.82 | $904.57 | $0.00 | $1,765.87 | $314,984.26 |
194 | $314,984.26 | $904.57 | $0.00 | $1,780.97 | $317,669.80 |
195 | $317,669.80 | $904.57 | $0.00 | $1,796.15 | $320,370.52 |
196 | $320,370.52 | $904.57 | $0.00 | $1,811.42 | $323,086.51 |
197 | $323,086.51 | $904.57 | $0.00 | $1,826.78 | $325,817.86 |
198 | $325,817.86 | $904.57 | $0.00 | $1,842.22 | $328,564.65 |
199 | $328,564.65 | $904.57 | $0.00 | $1,857.75 | $331,326.97 |
200 | $331,326.97 | $904.57 | $0.00 | $1,873.37 | $334,104.91 |
201 | $334,104.91 | $904.57 | $0.00 | $1,889.08 | $336,898.56 |
202 | $336,898.56 | $904.57 | $0.00 | $1,904.87 | $339,708.00 |
203 | $339,708.00 | $904.57 | $0.00 | $1,920.76 | $342,533.33 |
204 | $342,533.33 | $904.57 | $0.00 | $1,936.73 | $345,374.63 |
205 | $345,374.63 | $904.57 | $0.00 | $1,952.80 | $348,232.00 |
206 | $348,232.00 | $904.57 | $0.00 | $1,968.95 | $351,105.52 |
207 | $351,105.52 | $904.57 | $0.00 | $1,985.20 | $353,995.29 |
208 | $353,995.29 | $904.57 | $0.00 | $2,001.54 | $356,901.40 |
209 | $356,901.40 | $904.57 | $0.00 | $2,017.97 | $359,823.94 |
210 | $359,823.94 | $904.57 | $0.00 | $2,034.50 | $362,763.01 |
211 | $362,763.01 | $904.57 | $0.00 | $2,051.11 | $365,718.69 |
212 | $365,718.69 | $904.57 | $0.00 | $2,067.83 | $368,691.09 |
213 | $368,691.09 | $904.57 | $0.00 | $2,084.63 | $371,680.29 |
214 | $371,680.29 | $904.57 | $0.00 | $2,101.53 | $374,686.39 |
215 | $374,686.39 | $904.57 | $0.00 | $2,118.53 | $377,709.49 |
216 | $377,709.49 | $904.57 | $0.00 | $2,135.62 | $380,749.68 |
217 | $380,749.68 | $904.57 | $103,114.97 | $2,152.81 | $280,692.09 |
218 | $280,692.09 | $904.57 | $0.00 | $1,587.07 | $283,183.73 |
219 | $283,183.73 | $904.57 | $0.00 | $1,601.16 | $285,689.46 |
220 | $285,689.46 | $904.57 | $0.00 | $1,615.33 | $288,209.36 |
221 | $288,209.36 | $904.57 | $0.00 | $1,629.58 | $290,743.51 |
222 | $290,743.51 | $904.57 | $0.00 | $1,643.91 | $293,291.99 |
223 | $293,291.99 | $904.57 | $0.00 | $1,658.32 | $295,854.88 |
224 | $295,854.88 | $904.57 | $0.00 | $1,672.81 | $298,432.26 |
225 | $298,432.26 | $904.57 | $0.00 | $1,687.38 | $301,024.21 |
226 | $301,024.21 | $904.57 | $0.00 | $1,702.03 | $303,630.81 |
227 | $303,630.81 | $904.57 | $0.00 | $1,716.77 | $306,252.15 |
228 | $306,252.15 | $904.57 | $0.00 | $1,731.59 | $308,888.31 |
229 | $308,888.31 | $904.57 | $110,333.02 | $1,746.50 | $201,206.36 |
230 | $201,206.36 | $904.57 | $0.00 | $1,137.65 | $203,248.58 |
231 | $203,248.58 | $904.57 | $0.00 | $1,149.20 | $205,302.35 |
232 | $205,302.35 | $904.57 | $0.00 | $1,160.81 | $207,367.73 |
233 | $207,367.73 | $904.57 | $0.00 | $1,172.49 | $209,444.79 |
234 | $209,444.79 | $904.57 | $0.00 | $1,184.23 | $211,533.59 |
235 | $211,533.59 | $904.57 | $0.00 | $1,196.04 | $213,634.20 |
236 | $213,634.20 | $904.57 | $0.00 | $1,207.92 | $215,746.69 |
237 | $215,746.69 | $904.57 | $0.00 | $1,219.86 | $217,871.12 |
238 | $217,871.12 | $904.57 | $0.00 | $1,231.87 | $220,007.56 |
239 | $220,007.56 | $904.57 | $0.00 | $1,243.95 | $222,156.08 |
240 | $222,156.08 | $904.57 | $0.00 | $1,256.10 | $224,316.75 |
241 | $224,316.75 | $904.57 | $118,056.33 | $1,268.32 | $108,433.31 |
242 | $108,433.31 | $904.57 | $0.00 | $613.10 | $109,950.98 |
243 | $109,950.98 | $904.57 | $0.00 | $621.68 | $111,477.23 |
244 | $111,477.23 | $904.57 | $0.00 | $630.31 | $113,012.11 |
245 | $113,012.11 | $904.57 | $0.00 | $638.99 | $114,555.67 |
246 | $114,555.67 | $904.57 | $0.00 | $647.71 | $116,107.95 |
247 | $116,107.95 | $904.57 | $0.00 | $656.49 | $117,669.01 |
248 | $117,669.01 | $904.57 | $0.00 | $665.32 | $119,238.90 |
249 | $119,238.90 | $904.57 | $0.00 | $674.19 | $120,817.66 |
250 | $120,817.66 | $904.57 | $0.00 | $683.12 | $122,405.35 |
251 | $122,405.35 | $904.57 | $0.00 | $692.10 | $124,002.02 |
252 | $124,002.02 | $904.57 | $0.00 | $701.13 | $125,607.72 |
253 | $125,607.72 | $0.00 | $126,320.28 | $710.20 | -$2.36 |