How much will it cost and what do you need to save?
Estimated Annual Cost in 2041 | $72,838 |
Monthly savings required | $577 |
How much will it cost to send your child to Old Dominion University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $291,352.04 for students enrolling in 2041 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $576.57 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 | $28,088.00 |
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 Old Dominion University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $576.57 | $0.00 | $0.00 | $576.57 |
2 | $576.57 | $576.57 | $0.00 | $3.26 | $1,156.40 |
3 | $1,156.40 | $576.57 | $0.00 | $6.54 | $1,739.51 |
4 | $1,739.51 | $576.57 | $0.00 | $9.84 | $2,325.92 |
5 | $2,325.92 | $576.57 | $0.00 | $13.15 | $2,915.64 |
6 | $2,915.64 | $576.57 | $0.00 | $16.49 | $3,508.70 |
7 | $3,508.70 | $576.57 | $0.00 | $19.84 | $4,105.11 |
8 | $4,105.11 | $576.57 | $0.00 | $23.21 | $4,704.89 |
9 | $4,704.89 | $576.57 | $0.00 | $26.60 | $5,308.06 |
10 | $5,308.06 | $576.57 | $0.00 | $30.01 | $5,914.64 |
11 | $5,914.64 | $576.57 | $0.00 | $33.44 | $6,524.65 |
12 | $6,524.65 | $576.57 | $0.00 | $36.89 | $7,138.11 |
13 | $7,138.11 | $576.57 | $0.00 | $40.36 | $7,755.04 |
14 | $7,755.04 | $576.57 | $0.00 | $43.85 | $8,375.46 |
15 | $8,375.46 | $576.57 | $0.00 | $47.36 | $8,999.39 |
16 | $8,999.39 | $576.57 | $0.00 | $50.88 | $9,626.84 |
17 | $9,626.84 | $576.57 | $0.00 | $54.43 | $10,257.84 |
18 | $10,257.84 | $576.57 | $0.00 | $58.00 | $10,892.41 |
19 | $10,892.41 | $576.57 | $0.00 | $61.59 | $11,530.57 |
20 | $11,530.57 | $576.57 | $0.00 | $65.20 | $12,172.34 |
21 | $12,172.34 | $576.57 | $0.00 | $68.82 | $12,817.73 |
22 | $12,817.73 | $576.57 | $0.00 | $72.47 | $13,466.77 |
23 | $13,466.77 | $576.57 | $0.00 | $76.14 | $14,119.48 |
24 | $14,119.48 | $576.57 | $0.00 | $79.83 | $14,775.88 |
25 | $14,775.88 | $576.57 | $0.00 | $83.54 | $15,435.99 |
26 | $15,435.99 | $576.57 | $0.00 | $87.28 | $16,099.84 |
27 | $16,099.84 | $576.57 | $0.00 | $91.03 | $16,767.44 |
28 | $16,767.44 | $576.57 | $0.00 | $94.81 | $17,438.82 |
29 | $17,438.82 | $576.57 | $0.00 | $98.60 | $18,113.99 |
30 | $18,113.99 | $576.57 | $0.00 | $102.42 | $18,792.98 |
31 | $18,792.98 | $576.57 | $0.00 | $106.26 | $19,475.81 |
32 | $19,475.81 | $576.57 | $0.00 | $110.12 | $20,162.50 |
33 | $20,162.50 | $576.57 | $0.00 | $114.00 | $20,853.07 |
34 | $20,853.07 | $576.57 | $0.00 | $117.91 | $21,547.55 |
35 | $21,547.55 | $576.57 | $0.00 | $121.83 | $22,245.95 |
36 | $22,245.95 | $576.57 | $0.00 | $125.78 | $22,948.30 |
37 | $22,948.30 | $576.57 | $0.00 | $129.75 | $23,654.62 |
38 | $23,654.62 | $576.57 | $0.00 | $133.75 | $24,364.94 |
39 | $24,364.94 | $576.57 | $0.00 | $137.76 | $25,079.27 |
40 | $25,079.27 | $576.57 | $0.00 | $141.80 | $25,797.64 |
41 | $25,797.64 | $576.57 | $0.00 | $145.86 | $26,520.07 |
42 | $26,520.07 | $576.57 | $0.00 | $149.95 | $27,246.59 |
43 | $27,246.59 | $576.57 | $0.00 | $154.06 | $27,977.22 |
44 | $27,977.22 | $576.57 | $0.00 | $158.19 | $28,711.98 |
45 | $28,711.98 | $576.57 | $0.00 | $162.34 | $29,450.89 |
46 | $29,450.89 | $576.57 | $0.00 | $166.52 | $30,193.98 |
47 | $30,193.98 | $576.57 | $0.00 | $170.72 | $30,941.27 |
48 | $30,941.27 | $576.57 | $0.00 | $174.95 | $31,692.79 |
49 | $31,692.79 | $576.57 | $0.00 | $179.20 | $32,448.56 |
50 | $32,448.56 | $576.57 | $0.00 | $183.47 | $33,208.60 |
51 | $33,208.60 | $576.57 | $0.00 | $187.77 | $33,972.94 |
52 | $33,972.94 | $576.57 | $0.00 | $192.09 | $34,741.60 |
53 | $34,741.60 | $576.57 | $0.00 | $196.43 | $35,514.60 |
54 | $35,514.60 | $576.57 | $0.00 | $200.80 | $36,291.97 |
55 | $36,291.97 | $576.57 | $0.00 | $205.20 | $37,073.74 |
56 | $37,073.74 | $576.57 | $0.00 | $209.62 | $37,859.93 |
57 | $37,859.93 | $576.57 | $0.00 | $214.07 | $38,650.57 |
58 | $38,650.57 | $576.57 | $0.00 | $218.54 | $39,445.68 |
59 | $39,445.68 | $576.57 | $0.00 | $223.03 | $40,245.28 |
60 | $40,245.28 | $576.57 | $0.00 | $227.55 | $41,049.40 |
61 | $41,049.40 | $576.57 | $0.00 | $232.10 | $41,858.07 |
62 | $41,858.07 | $576.57 | $0.00 | $236.67 | $42,671.31 |
63 | $42,671.31 | $576.57 | $0.00 | $241.27 | $43,489.15 |
64 | $43,489.15 | $576.57 | $0.00 | $245.89 | $44,311.61 |
65 | $44,311.61 | $576.57 | $0.00 | $250.54 | $45,138.72 |
66 | $45,138.72 | $576.57 | $0.00 | $255.22 | $45,970.51 |
67 | $45,970.51 | $576.57 | $0.00 | $259.92 | $46,807.00 |
68 | $46,807.00 | $576.57 | $0.00 | $264.65 | $47,648.22 |
69 | $47,648.22 | $576.57 | $0.00 | $269.41 | $48,494.20 |
70 | $48,494.20 | $576.57 | $0.00 | $274.19 | $49,344.96 |
71 | $49,344.96 | $576.57 | $0.00 | $279.00 | $50,200.53 |
72 | $50,200.53 | $576.57 | $0.00 | $283.84 | $51,060.94 |
73 | $51,060.94 | $576.57 | $0.00 | $288.71 | $51,926.22 |
74 | $51,926.22 | $576.57 | $0.00 | $293.60 | $52,796.39 |
75 | $52,796.39 | $576.57 | $0.00 | $298.52 | $53,671.48 |
76 | $53,671.48 | $576.57 | $0.00 | $303.47 | $54,551.52 |
77 | $54,551.52 | $576.57 | $0.00 | $308.44 | $55,436.53 |
78 | $55,436.53 | $576.57 | $0.00 | $313.45 | $56,326.55 |
79 | $56,326.55 | $576.57 | $0.00 | $318.48 | $57,221.60 |
80 | $57,221.60 | $576.57 | $0.00 | $323.54 | $58,121.71 |
81 | $58,121.71 | $576.57 | $0.00 | $328.63 | $59,026.91 |
82 | $59,026.91 | $576.57 | $0.00 | $333.75 | $59,937.23 |
83 | $59,937.23 | $576.57 | $0.00 | $338.89 | $60,852.69 |
84 | $60,852.69 | $576.57 | $0.00 | $344.07 | $61,773.33 |
85 | $61,773.33 | $576.57 | $0.00 | $349.28 | $62,699.18 |
86 | $62,699.18 | $576.57 | $0.00 | $354.51 | $63,630.26 |
87 | $63,630.26 | $576.57 | $0.00 | $359.77 | $64,566.60 |
88 | $64,566.60 | $576.57 | $0.00 | $365.07 | $65,508.24 |
89 | $65,508.24 | $576.57 | $0.00 | $370.39 | $66,455.20 |
90 | $66,455.20 | $576.57 | $0.00 | $375.75 | $67,407.52 |
91 | $67,407.52 | $576.57 | $0.00 | $381.13 | $68,365.22 |
92 | $68,365.22 | $576.57 | $0.00 | $386.55 | $69,328.34 |
93 | $69,328.34 | $576.57 | $0.00 | $391.99 | $70,296.90 |
94 | $70,296.90 | $576.57 | $0.00 | $397.47 | $71,270.94 |
95 | $71,270.94 | $576.57 | $0.00 | $402.98 | $72,250.49 |
96 | $72,250.49 | $576.57 | $0.00 | $408.51 | $73,235.57 |
97 | $73,235.57 | $576.57 | $0.00 | $414.08 | $74,226.22 |
98 | $74,226.22 | $576.57 | $0.00 | $419.69 | $75,222.48 |
99 | $75,222.48 | $576.57 | $0.00 | $425.32 | $76,224.37 |
100 | $76,224.37 | $576.57 | $0.00 | $430.98 | $77,231.92 |
101 | $77,231.92 | $576.57 | $0.00 | $436.68 | $78,245.17 |
102 | $78,245.17 | $576.57 | $0.00 | $442.41 | $79,264.15 |
103 | $79,264.15 | $576.57 | $0.00 | $448.17 | $80,288.89 |
104 | $80,288.89 | $576.57 | $0.00 | $453.97 | $81,319.43 |
105 | $81,319.43 | $576.57 | $0.00 | $459.79 | $82,355.79 |
106 | $82,355.79 | $576.57 | $0.00 | $465.65 | $83,398.01 |
107 | $83,398.01 | $576.57 | $0.00 | $471.54 | $84,446.12 |
108 | $84,446.12 | $576.57 | $0.00 | $477.47 | $85,500.16 |
109 | $85,500.16 | $576.57 | $0.00 | $483.43 | $86,560.16 |
110 | $86,560.16 | $576.57 | $0.00 | $489.42 | $87,626.15 |
111 | $87,626.15 | $576.57 | $0.00 | $495.45 | $88,698.17 |
112 | $88,698.17 | $576.57 | $0.00 | $501.51 | $89,776.25 |
113 | $89,776.25 | $576.57 | $0.00 | $507.61 | $90,860.43 |
114 | $90,860.43 | $576.57 | $0.00 | $513.74 | $91,950.74 |
115 | $91,950.74 | $576.57 | $0.00 | $519.90 | $93,047.21 |
116 | $93,047.21 | $576.57 | $0.00 | $526.10 | $94,149.88 |
117 | $94,149.88 | $576.57 | $0.00 | $532.34 | $95,258.79 |
118 | $95,258.79 | $576.57 | $0.00 | $538.61 | $96,373.97 |
119 | $96,373.97 | $576.57 | $0.00 | $544.91 | $97,495.45 |
120 | $97,495.45 | $576.57 | $0.00 | $551.25 | $98,623.27 |
121 | $98,623.27 | $576.57 | $0.00 | $557.63 | $99,757.47 |
122 | $99,757.47 | $576.57 | $0.00 | $564.04 | $100,898.08 |
123 | $100,898.08 | $576.57 | $0.00 | $570.49 | $102,045.14 |
124 | $102,045.14 | $576.57 | $0.00 | $576.98 | $103,198.69 |
125 | $103,198.69 | $576.57 | $0.00 | $583.50 | $104,358.76 |
126 | $104,358.76 | $576.57 | $0.00 | $590.06 | $105,525.39 |
127 | $105,525.39 | $576.57 | $0.00 | $596.66 | $106,698.62 |
128 | $106,698.62 | $576.57 | $0.00 | $603.29 | $107,878.48 |
129 | $107,878.48 | $576.57 | $0.00 | $609.96 | $109,065.01 |
130 | $109,065.01 | $576.57 | $0.00 | $616.67 | $110,258.25 |
131 | $110,258.25 | $576.57 | $0.00 | $623.42 | $111,458.24 |
132 | $111,458.24 | $576.57 | $0.00 | $630.20 | $112,665.01 |
133 | $112,665.01 | $576.57 | $0.00 | $637.02 | $113,878.60 |
134 | $113,878.60 | $576.57 | $0.00 | $643.89 | $115,099.06 |
135 | $115,099.06 | $576.57 | $0.00 | $650.79 | $116,326.42 |
136 | $116,326.42 | $576.57 | $0.00 | $657.73 | $117,560.72 |
137 | $117,560.72 | $576.57 | $0.00 | $664.71 | $118,802.00 |
138 | $118,802.00 | $576.57 | $0.00 | $671.72 | $120,050.29 |
139 | $120,050.29 | $576.57 | $0.00 | $678.78 | $121,305.64 |
140 | $121,305.64 | $576.57 | $0.00 | $685.88 | $122,568.09 |
141 | $122,568.09 | $576.57 | $0.00 | $693.02 | $123,837.68 |
142 | $123,837.68 | $576.57 | $0.00 | $700.20 | $125,114.45 |
143 | $125,114.45 | $576.57 | $0.00 | $707.42 | $126,398.44 |
144 | $126,398.44 | $576.57 | $0.00 | $714.68 | $127,689.69 |
145 | $127,689.69 | $576.57 | $0.00 | $721.98 | $128,988.24 |
146 | $128,988.24 | $576.57 | $0.00 | $729.32 | $130,294.13 |
147 | $130,294.13 | $576.57 | $0.00 | $736.70 | $131,607.40 |
148 | $131,607.40 | $576.57 | $0.00 | $744.13 | $132,928.10 |
149 | $132,928.10 | $576.57 | $0.00 | $751.59 | $134,256.26 |
150 | $134,256.26 | $576.57 | $0.00 | $759.10 | $135,591.93 |
151 | $135,591.93 | $576.57 | $0.00 | $766.66 | $136,935.16 |
152 | $136,935.16 | $576.57 | $0.00 | $774.25 | $138,285.98 |
153 | $138,285.98 | $576.57 | $0.00 | $781.89 | $139,644.44 |
154 | $139,644.44 | $576.57 | $0.00 | $789.57 | $141,010.58 |
155 | $141,010.58 | $576.57 | $0.00 | $797.29 | $142,384.44 |
156 | $142,384.44 | $576.57 | $0.00 | $805.06 | $143,766.07 |
157 | $143,766.07 | $576.57 | $0.00 | $812.87 | $145,155.51 |
158 | $145,155.51 | $576.57 | $0.00 | $820.73 | $146,552.81 |
159 | $146,552.81 | $576.57 | $0.00 | $828.63 | $147,958.01 |
160 | $147,958.01 | $576.57 | $0.00 | $836.58 | $149,371.16 |
161 | $149,371.16 | $576.57 | $0.00 | $844.57 | $150,792.30 |
162 | $150,792.30 | $576.57 | $0.00 | $852.60 | $152,221.47 |
163 | $152,221.47 | $576.57 | $0.00 | $860.68 | $153,658.72 |
164 | $153,658.72 | $576.57 | $0.00 | $868.81 | $155,104.10 |
165 | $155,104.10 | $576.57 | $0.00 | $876.98 | $156,557.65 |
166 | $156,557.65 | $576.57 | $0.00 | $885.20 | $158,019.42 |
167 | $158,019.42 | $576.57 | $0.00 | $893.46 | $159,489.45 |
168 | $159,489.45 | $576.57 | $0.00 | $901.78 | $160,967.80 |
169 | $160,967.80 | $576.57 | $0.00 | $910.14 | $162,454.51 |
170 | $162,454.51 | $576.57 | $0.00 | $918.54 | $163,949.62 |
171 | $163,949.62 | $576.57 | $0.00 | $926.99 | $165,453.18 |
172 | $165,453.18 | $576.57 | $0.00 | $935.50 | $166,965.25 |
173 | $166,965.25 | $576.57 | $0.00 | $944.05 | $168,485.87 |
174 | $168,485.87 | $576.57 | $0.00 | $952.64 | $170,015.08 |
175 | $170,015.08 | $576.57 | $0.00 | $961.29 | $171,552.94 |
176 | $171,552.94 | $576.57 | $0.00 | $969.99 | $173,099.50 |
177 | $173,099.50 | $576.57 | $0.00 | $978.73 | $174,654.80 |
178 | $174,654.80 | $576.57 | $0.00 | $987.52 | $176,218.89 |
179 | $176,218.89 | $576.57 | $0.00 | $996.37 | $177,791.83 |
180 | $177,791.83 | $576.57 | $0.00 | $1,005.26 | $179,373.66 |
181 | $179,373.66 | $576.57 | $0.00 | $1,014.20 | $180,964.43 |
182 | $180,964.43 | $576.57 | $0.00 | $1,023.20 | $182,564.20 |
183 | $182,564.20 | $576.57 | $0.00 | $1,032.24 | $184,173.01 |
184 | $184,173.01 | $576.57 | $0.00 | $1,041.34 | $185,790.92 |
185 | $185,790.92 | $576.57 | $0.00 | $1,050.49 | $187,417.98 |
186 | $187,417.98 | $576.57 | $0.00 | $1,059.69 | $189,054.24 |
187 | $189,054.24 | $576.57 | $0.00 | $1,068.94 | $190,699.75 |
188 | $190,699.75 | $576.57 | $0.00 | $1,078.24 | $192,354.56 |
189 | $192,354.56 | $576.57 | $0.00 | $1,087.60 | $194,018.73 |
190 | $194,018.73 | $576.57 | $0.00 | $1,097.01 | $195,692.31 |
191 | $195,692.31 | $576.57 | $0.00 | $1,106.47 | $197,375.35 |
192 | $197,375.35 | $576.57 | $0.00 | $1,115.99 | $199,067.91 |
193 | $199,067.91 | $576.57 | $0.00 | $1,125.56 | $200,770.04 |
194 | $200,770.04 | $576.57 | $0.00 | $1,135.18 | $202,481.79 |
195 | $202,481.79 | $576.57 | $0.00 | $1,144.86 | $204,203.22 |
196 | $204,203.22 | $576.57 | $0.00 | $1,154.59 | $205,934.38 |
197 | $205,934.38 | $576.57 | $0.00 | $1,164.38 | $207,675.33 |
198 | $207,675.33 | $576.57 | $0.00 | $1,174.23 | $209,426.13 |
199 | $209,426.13 | $576.57 | $0.00 | $1,184.13 | $211,186.83 |
200 | $211,186.83 | $576.57 | $0.00 | $1,194.08 | $212,957.48 |
201 | $212,957.48 | $576.57 | $0.00 | $1,204.09 | $214,738.14 |
202 | $214,738.14 | $576.57 | $0.00 | $1,214.16 | $216,528.87 |
203 | $216,528.87 | $576.57 | $0.00 | $1,224.29 | $218,329.73 |
204 | $218,329.73 | $576.57 | $0.00 | $1,234.47 | $220,140.77 |
205 | $220,140.77 | $576.57 | $0.00 | $1,244.71 | $221,962.05 |
206 | $221,962.05 | $576.57 | $0.00 | $1,255.01 | $223,793.63 |
207 | $223,793.63 | $576.57 | $0.00 | $1,265.36 | $225,635.56 |
208 | $225,635.56 | $576.57 | $0.00 | $1,275.78 | $227,487.91 |
209 | $227,487.91 | $576.57 | $0.00 | $1,286.25 | $229,350.73 |
210 | $229,350.73 | $576.57 | $0.00 | $1,296.78 | $231,224.08 |
211 | $231,224.08 | $576.57 | $0.00 | $1,307.37 | $233,108.02 |
212 | $233,108.02 | $576.57 | $0.00 | $1,318.03 | $235,002.62 |
213 | $235,002.62 | $576.57 | $0.00 | $1,328.74 | $236,907.93 |
214 | $236,907.93 | $576.57 | $0.00 | $1,339.51 | $238,824.01 |
215 | $238,824.01 | $576.57 | $0.00 | $1,350.35 | $240,750.93 |
216 | $240,750.93 | $576.57 | $0.00 | $1,361.24 | $242,688.74 |
217 | $242,688.74 | $576.57 | $67,597.12 | $1,372.20 | $177,040.39 |
218 | $177,040.39 | $576.57 | $0.00 | $1,001.01 | $178,617.97 |
219 | $178,617.97 | $576.57 | $0.00 | $1,009.93 | $180,204.47 |
220 | $180,204.47 | $576.57 | $0.00 | $1,018.90 | $181,799.94 |
221 | $181,799.94 | $576.57 | $0.00 | $1,027.92 | $183,404.43 |
222 | $183,404.43 | $576.57 | $0.00 | $1,037.00 | $185,018.00 |
223 | $185,018.00 | $576.57 | $0.00 | $1,046.12 | $186,640.69 |
224 | $186,640.69 | $576.57 | $0.00 | $1,055.29 | $188,272.55 |
225 | $188,272.55 | $576.57 | $0.00 | $1,064.52 | $189,913.64 |
226 | $189,913.64 | $576.57 | $0.00 | $1,073.80 | $191,564.01 |
227 | $191,564.01 | $576.57 | $0.00 | $1,083.13 | $193,223.71 |
228 | $193,223.71 | $576.57 | $0.00 | $1,092.51 | $194,892.79 |
229 | $194,892.79 | $576.57 | $70,976.98 | $1,101.95 | $125,594.33 |
230 | $125,594.33 | $576.57 | $0.00 | $710.13 | $126,881.03 |
231 | $126,881.03 | $576.57 | $0.00 | $717.40 | $128,175.00 |
232 | $128,175.00 | $576.57 | $0.00 | $724.72 | $129,476.29 |
233 | $129,476.29 | $576.57 | $0.00 | $732.08 | $130,784.94 |
234 | $130,784.94 | $576.57 | $0.00 | $739.48 | $132,100.99 |
235 | $132,100.99 | $576.57 | $0.00 | $746.92 | $133,424.48 |
236 | $133,424.48 | $576.57 | $0.00 | $754.40 | $134,755.45 |
237 | $134,755.45 | $576.57 | $0.00 | $761.93 | $136,093.95 |
238 | $136,093.95 | $576.57 | $0.00 | $769.49 | $137,440.01 |
239 | $137,440.01 | $576.57 | $0.00 | $777.11 | $138,793.69 |
240 | $138,793.69 | $576.57 | $0.00 | $784.76 | $140,155.02 |
241 | $140,155.02 | $576.57 | $74,525.83 | $792.46 | $66,998.22 |
242 | $66,998.22 | $576.57 | $0.00 | $378.82 | $67,953.61 |
243 | $67,953.61 | $576.57 | $0.00 | $384.22 | $68,914.40 |
244 | $68,914.40 | $576.57 | $0.00 | $389.65 | $69,880.62 |
245 | $69,880.62 | $576.57 | $0.00 | $395.12 | $70,852.31 |
246 | $70,852.31 | $576.57 | $0.00 | $400.61 | $71,829.49 |
247 | $71,829.49 | $576.57 | $0.00 | $406.13 | $72,812.19 |
248 | $72,812.19 | $576.57 | $0.00 | $411.69 | $73,800.45 |
249 | $73,800.45 | $576.57 | $0.00 | $417.28 | $74,794.30 |
250 | $74,794.30 | $576.57 | $0.00 | $422.90 | $75,793.77 |
251 | $75,793.77 | $576.57 | $0.00 | $428.55 | $76,798.89 |
252 | $76,798.89 | $576.57 | $0.00 | $434.23 | $77,809.69 |
253 | $77,809.69 | $0.00 | $78,252.12 | $439.95 | ($2.48) |