How much will it cost and what do you need to save?
Estimated Annual Cost in 2040 | $78,426 |
Monthly savings required | $621 |
How much will it cost to send your child to Regent University in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $313,705.49 for students enrolling in 2040 if tuition increases average 5% per year until then. Assuming you have no current college savings, monthly deposits of $620.82 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 | $30,243.00 |
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 Regent University in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $620.82 | $0.00 | $0.00 | $620.82 |
2 | $620.82 | $620.82 | $0.00 | $3.51 | $1,245.15 |
3 | $1,245.15 | $620.82 | $0.00 | $7.04 | $1,873.01 |
4 | $1,873.01 | $620.82 | $0.00 | $10.59 | $2,504.42 |
5 | $2,504.42 | $620.82 | $0.00 | $14.16 | $3,139.40 |
6 | $3,139.40 | $620.82 | $0.00 | $17.75 | $3,777.97 |
7 | $3,777.97 | $620.82 | $0.00 | $21.36 | $4,420.15 |
8 | $4,420.15 | $620.82 | $0.00 | $24.99 | $5,065.96 |
9 | $5,065.96 | $620.82 | $0.00 | $28.64 | $5,715.42 |
10 | $5,715.42 | $620.82 | $0.00 | $32.32 | $6,368.56 |
11 | $6,368.56 | $620.82 | $0.00 | $36.01 | $7,025.39 |
12 | $7,025.39 | $620.82 | $0.00 | $39.72 | $7,685.93 |
13 | $7,685.93 | $620.82 | $0.00 | $43.46 | $8,350.21 |
14 | $8,350.21 | $620.82 | $0.00 | $47.21 | $9,018.24 |
15 | $9,018.24 | $620.82 | $0.00 | $50.99 | $9,690.05 |
16 | $9,690.05 | $620.82 | $0.00 | $54.79 | $10,365.66 |
17 | $10,365.66 | $620.82 | $0.00 | $58.61 | $11,045.09 |
18 | $11,045.09 | $620.82 | $0.00 | $62.45 | $11,728.36 |
19 | $11,728.36 | $620.82 | $0.00 | $66.31 | $12,415.49 |
20 | $12,415.49 | $620.82 | $0.00 | $70.20 | $13,106.51 |
21 | $13,106.51 | $620.82 | $0.00 | $74.11 | $13,801.44 |
22 | $13,801.44 | $620.82 | $0.00 | $78.04 | $14,500.30 |
23 | $14,500.30 | $620.82 | $0.00 | $81.99 | $15,203.11 |
24 | $15,203.11 | $620.82 | $0.00 | $85.96 | $15,909.89 |
25 | $15,909.89 | $620.82 | $0.00 | $89.96 | $16,620.67 |
26 | $16,620.67 | $620.82 | $0.00 | $93.98 | $17,335.47 |
27 | $17,335.47 | $620.82 | $0.00 | $98.02 | $18,054.31 |
28 | $18,054.31 | $620.82 | $0.00 | $102.08 | $18,777.21 |
29 | $18,777.21 | $620.82 | $0.00 | $106.17 | $19,504.20 |
30 | $19,504.20 | $620.82 | $0.00 | $110.28 | $20,235.30 |
31 | $20,235.30 | $620.82 | $0.00 | $114.41 | $20,970.53 |
32 | $20,970.53 | $620.82 | $0.00 | $118.57 | $21,709.92 |
33 | $21,709.92 | $620.82 | $0.00 | $122.75 | $22,453.49 |
34 | $22,453.49 | $620.82 | $0.00 | $126.96 | $23,201.27 |
35 | $23,201.27 | $620.82 | $0.00 | $131.18 | $23,953.27 |
36 | $23,953.27 | $620.82 | $0.00 | $135.44 | $24,709.53 |
37 | $24,709.53 | $620.82 | $0.00 | $139.71 | $25,470.06 |
38 | $25,470.06 | $620.82 | $0.00 | $144.01 | $26,234.89 |
39 | $26,234.89 | $620.82 | $0.00 | $148.34 | $27,004.05 |
40 | $27,004.05 | $620.82 | $0.00 | $152.68 | $27,777.55 |
41 | $27,777.55 | $620.82 | $0.00 | $157.06 | $28,555.43 |
42 | $28,555.43 | $620.82 | $0.00 | $161.46 | $29,337.71 |
43 | $29,337.71 | $620.82 | $0.00 | $165.88 | $30,124.41 |
44 | $30,124.41 | $620.82 | $0.00 | $170.33 | $30,915.56 |
45 | $30,915.56 | $620.82 | $0.00 | $174.80 | $31,711.18 |
46 | $31,711.18 | $620.82 | $0.00 | $179.30 | $32,511.30 |
47 | $32,511.30 | $620.82 | $0.00 | $183.82 | $33,315.94 |
48 | $33,315.94 | $620.82 | $0.00 | $188.37 | $34,125.13 |
49 | $34,125.13 | $620.82 | $0.00 | $192.95 | $34,938.90 |
50 | $34,938.90 | $620.82 | $0.00 | $197.55 | $35,757.27 |
51 | $35,757.27 | $620.82 | $0.00 | $202.18 | $36,580.27 |
52 | $36,580.27 | $620.82 | $0.00 | $206.83 | $37,407.92 |
53 | $37,407.92 | $620.82 | $0.00 | $211.51 | $38,240.25 |
54 | $38,240.25 | $620.82 | $0.00 | $216.22 | $39,077.29 |
55 | $39,077.29 | $620.82 | $0.00 | $220.95 | $39,919.06 |
56 | $39,919.06 | $620.82 | $0.00 | $225.71 | $40,765.59 |
57 | $40,765.59 | $620.82 | $0.00 | $230.49 | $41,616.90 |
58 | $41,616.90 | $620.82 | $0.00 | $235.31 | $42,473.03 |
59 | $42,473.03 | $620.82 | $0.00 | $240.15 | $43,334.00 |
60 | $43,334.00 | $620.82 | $0.00 | $245.02 | $44,199.84 |
61 | $44,199.84 | $620.82 | $0.00 | $249.91 | $45,070.57 |
62 | $45,070.57 | $620.82 | $0.00 | $254.84 | $45,946.23 |
63 | $45,946.23 | $620.82 | $0.00 | $259.79 | $46,826.84 |
64 | $46,826.84 | $620.82 | $0.00 | $264.77 | $47,712.43 |
65 | $47,712.43 | $620.82 | $0.00 | $269.77 | $48,603.02 |
66 | $48,603.02 | $620.82 | $0.00 | $274.81 | $49,498.65 |
67 | $49,498.65 | $620.82 | $0.00 | $279.87 | $50,399.34 |
68 | $50,399.34 | $620.82 | $0.00 | $284.97 | $51,305.13 |
69 | $51,305.13 | $620.82 | $0.00 | $290.09 | $52,216.04 |
70 | $52,216.04 | $620.82 | $0.00 | $295.24 | $53,132.10 |
71 | $53,132.10 | $620.82 | $0.00 | $300.42 | $54,053.34 |
72 | $54,053.34 | $620.82 | $0.00 | $305.63 | $54,979.79 |
73 | $54,979.79 | $620.82 | $0.00 | $310.86 | $55,911.47 |
74 | $55,911.47 | $620.82 | $0.00 | $316.13 | $56,848.42 |
75 | $56,848.42 | $620.82 | $0.00 | $321.43 | $57,790.67 |
76 | $57,790.67 | $620.82 | $0.00 | $326.76 | $58,738.25 |
77 | $58,738.25 | $620.82 | $0.00 | $332.11 | $59,691.18 |
78 | $59,691.18 | $620.82 | $0.00 | $337.50 | $60,649.50 |
79 | $60,649.50 | $620.82 | $0.00 | $342.92 | $61,613.24 |
80 | $61,613.24 | $620.82 | $0.00 | $348.37 | $62,582.43 |
81 | $62,582.43 | $620.82 | $0.00 | $353.85 | $63,557.10 |
82 | $63,557.10 | $620.82 | $0.00 | $359.36 | $64,537.28 |
83 | $64,537.28 | $620.82 | $0.00 | $364.90 | $65,523.00 |
84 | $65,523.00 | $620.82 | $0.00 | $370.48 | $66,514.30 |
85 | $66,514.30 | $620.82 | $0.00 | $376.08 | $67,511.20 |
86 | $67,511.20 | $620.82 | $0.00 | $381.72 | $68,513.74 |
87 | $68,513.74 | $620.82 | $0.00 | $387.39 | $69,521.95 |
88 | $69,521.95 | $620.82 | $0.00 | $393.09 | $70,535.86 |
89 | $70,535.86 | $620.82 | $0.00 | $398.82 | $71,555.50 |
90 | $71,555.50 | $620.82 | $0.00 | $404.59 | $72,580.91 |
91 | $72,580.91 | $620.82 | $0.00 | $410.38 | $73,612.11 |
92 | $73,612.11 | $620.82 | $0.00 | $416.21 | $74,649.14 |
93 | $74,649.14 | $620.82 | $0.00 | $422.08 | $75,692.04 |
94 | $75,692.04 | $620.82 | $0.00 | $427.97 | $76,740.83 |
95 | $76,740.83 | $620.82 | $0.00 | $433.90 | $77,795.55 |
96 | $77,795.55 | $620.82 | $0.00 | $439.87 | $78,856.24 |
97 | $78,856.24 | $620.82 | $0.00 | $445.86 | $79,922.92 |
98 | $79,922.92 | $620.82 | $0.00 | $451.90 | $80,995.64 |
99 | $80,995.64 | $620.82 | $0.00 | $457.96 | $82,074.42 |
100 | $82,074.42 | $620.82 | $0.00 | $464.06 | $83,159.30 |
101 | $83,159.30 | $620.82 | $0.00 | $470.19 | $84,250.31 |
102 | $84,250.31 | $620.82 | $0.00 | $476.36 | $85,347.49 |
103 | $85,347.49 | $620.82 | $0.00 | $482.57 | $86,450.88 |
104 | $86,450.88 | $620.82 | $0.00 | $488.81 | $87,560.51 |
105 | $87,560.51 | $620.82 | $0.00 | $495.08 | $88,676.41 |
106 | $88,676.41 | $620.82 | $0.00 | $501.39 | $89,798.62 |
107 | $89,798.62 | $620.82 | $0.00 | $507.73 | $90,927.17 |
108 | $90,927.17 | $620.82 | $0.00 | $514.12 | $92,062.11 |
109 | $92,062.11 | $620.82 | $0.00 | $520.53 | $93,203.46 |
110 | $93,203.46 | $620.82 | $0.00 | $526.99 | $94,351.27 |
111 | $94,351.27 | $620.82 | $0.00 | $533.48 | $95,505.57 |
112 | $95,505.57 | $620.82 | $0.00 | $540.00 | $96,666.39 |
113 | $96,666.39 | $620.82 | $0.00 | $546.57 | $97,833.78 |
114 | $97,833.78 | $620.82 | $0.00 | $553.17 | $99,007.77 |
115 | $99,007.77 | $620.82 | $0.00 | $559.80 | $100,188.39 |
116 | $100,188.39 | $620.82 | $0.00 | $566.48 | $101,375.69 |
117 | $101,375.69 | $620.82 | $0.00 | $573.19 | $102,569.70 |
118 | $102,569.70 | $620.82 | $0.00 | $579.94 | $103,770.46 |
119 | $103,770.46 | $620.82 | $0.00 | $586.73 | $104,978.01 |
120 | $104,978.01 | $620.82 | $0.00 | $593.56 | $106,192.39 |
121 | $106,192.39 | $620.82 | $0.00 | $600.43 | $107,413.64 |
122 | $107,413.64 | $620.82 | $0.00 | $607.33 | $108,641.79 |
123 | $108,641.79 | $620.82 | $0.00 | $614.28 | $109,876.89 |
124 | $109,876.89 | $620.82 | $0.00 | $621.26 | $111,118.97 |
125 | $111,118.97 | $620.82 | $0.00 | $628.28 | $112,368.07 |
126 | $112,368.07 | $620.82 | $0.00 | $635.35 | $113,624.24 |
127 | $113,624.24 | $620.82 | $0.00 | $642.45 | $114,887.51 |
128 | $114,887.51 | $620.82 | $0.00 | $649.59 | $116,157.92 |
129 | $116,157.92 | $620.82 | $0.00 | $656.77 | $117,435.51 |
130 | $117,435.51 | $620.82 | $0.00 | $664.00 | $118,720.33 |
131 | $118,720.33 | $620.82 | $0.00 | $671.26 | $120,012.41 |
132 | $120,012.41 | $620.82 | $0.00 | $678.57 | $121,311.80 |
133 | $121,311.80 | $620.82 | $0.00 | $685.91 | $122,618.53 |
134 | $122,618.53 | $620.82 | $0.00 | $693.30 | $123,932.65 |
135 | $123,932.65 | $620.82 | $0.00 | $700.73 | $125,254.20 |
136 | $125,254.20 | $620.82 | $0.00 | $708.21 | $126,583.23 |
137 | $126,583.23 | $620.82 | $0.00 | $715.72 | $127,919.77 |
138 | $127,919.77 | $620.82 | $0.00 | $723.28 | $129,263.87 |
139 | $129,263.87 | $620.82 | $0.00 | $730.88 | $130,615.57 |
140 | $130,615.57 | $620.82 | $0.00 | $738.52 | $131,974.91 |
141 | $131,974.91 | $620.82 | $0.00 | $746.21 | $133,341.94 |
142 | $133,341.94 | $620.82 | $0.00 | $753.93 | $134,716.69 |
143 | $134,716.69 | $620.82 | $0.00 | $761.71 | $136,099.22 |
144 | $136,099.22 | $620.82 | $0.00 | $769.52 | $137,489.56 |
145 | $137,489.56 | $620.82 | $0.00 | $777.39 | $138,887.77 |
146 | $138,887.77 | $620.82 | $0.00 | $785.29 | $140,293.88 |
147 | $140,293.88 | $620.82 | $0.00 | $793.24 | $141,707.94 |
148 | $141,707.94 | $620.82 | $0.00 | $801.24 | $143,130.00 |
149 | $143,130.00 | $620.82 | $0.00 | $809.28 | $144,560.10 |
150 | $144,560.10 | $620.82 | $0.00 | $817.36 | $145,998.28 |
151 | $145,998.28 | $620.82 | $0.00 | $825.50 | $147,444.60 |
152 | $147,444.60 | $620.82 | $0.00 | $833.67 | $148,899.09 |
153 | $148,899.09 | $620.82 | $0.00 | $841.90 | $150,361.81 |
154 | $150,361.81 | $620.82 | $0.00 | $850.17 | $151,832.80 |
155 | $151,832.80 | $620.82 | $0.00 | $858.48 | $153,312.10 |
156 | $153,312.10 | $620.82 | $0.00 | $866.85 | $154,799.77 |
157 | $154,799.77 | $620.82 | $0.00 | $875.26 | $156,295.85 |
158 | $156,295.85 | $620.82 | $0.00 | $883.72 | $157,800.39 |
159 | $157,800.39 | $620.82 | $0.00 | $892.23 | $159,313.44 |
160 | $159,313.44 | $620.82 | $0.00 | $900.78 | $160,835.04 |
161 | $160,835.04 | $620.82 | $0.00 | $909.38 | $162,365.24 |
162 | $162,365.24 | $620.82 | $0.00 | $918.04 | $163,904.10 |
163 | $163,904.10 | $620.82 | $0.00 | $926.74 | $165,451.66 |
164 | $165,451.66 | $620.82 | $0.00 | $935.49 | $167,007.97 |
165 | $167,007.97 | $620.82 | $0.00 | $944.29 | $168,573.08 |
166 | $168,573.08 | $620.82 | $0.00 | $953.14 | $170,147.04 |
167 | $170,147.04 | $620.82 | $0.00 | $962.04 | $171,729.90 |
168 | $171,729.90 | $620.82 | $0.00 | $970.99 | $173,321.71 |
169 | $173,321.71 | $620.82 | $0.00 | $979.99 | $174,922.52 |
170 | $174,922.52 | $620.82 | $0.00 | $989.04 | $176,532.38 |
171 | $176,532.38 | $620.82 | $0.00 | $998.14 | $178,151.34 |
172 | $178,151.34 | $620.82 | $0.00 | $1,007.29 | $179,779.45 |
173 | $179,779.45 | $620.82 | $0.00 | $1,016.50 | $181,416.77 |
174 | $181,416.77 | $620.82 | $0.00 | $1,025.76 | $183,063.35 |
175 | $183,063.35 | $620.82 | $0.00 | $1,035.07 | $184,719.24 |
176 | $184,719.24 | $620.82 | $0.00 | $1,044.43 | $186,384.49 |
177 | $186,384.49 | $620.82 | $0.00 | $1,053.85 | $188,059.16 |
178 | $188,059.16 | $620.82 | $0.00 | $1,063.31 | $189,743.29 |
179 | $189,743.29 | $620.82 | $0.00 | $1,072.84 | $191,436.95 |
180 | $191,436.95 | $620.82 | $0.00 | $1,082.41 | $193,140.18 |
181 | $193,140.18 | $620.82 | $0.00 | $1,092.04 | $194,853.04 |
182 | $194,853.04 | $620.82 | $0.00 | $1,101.73 | $196,575.59 |
183 | $196,575.59 | $620.82 | $0.00 | $1,111.47 | $198,307.88 |
184 | $198,307.88 | $620.82 | $0.00 | $1,121.26 | $200,049.96 |
185 | $200,049.96 | $620.82 | $0.00 | $1,131.11 | $201,801.89 |
186 | $201,801.89 | $620.82 | $0.00 | $1,141.02 | $203,563.73 |
187 | $203,563.73 | $620.82 | $0.00 | $1,150.98 | $205,335.53 |
188 | $205,335.53 | $620.82 | $0.00 | $1,161.00 | $207,117.35 |
189 | $207,117.35 | $620.82 | $0.00 | $1,171.07 | $208,909.24 |
190 | $208,909.24 | $620.82 | $0.00 | $1,181.20 | $210,711.26 |
191 | $210,711.26 | $620.82 | $0.00 | $1,191.39 | $212,523.47 |
192 | $212,523.47 | $620.82 | $0.00 | $1,201.64 | $214,345.93 |
193 | $214,345.93 | $620.82 | $0.00 | $1,211.94 | $216,178.69 |
194 | $216,178.69 | $620.82 | $0.00 | $1,222.31 | $218,021.82 |
195 | $218,021.82 | $620.82 | $0.00 | $1,232.73 | $219,875.37 |
196 | $219,875.37 | $620.82 | $0.00 | $1,243.21 | $221,739.40 |
197 | $221,739.40 | $620.82 | $0.00 | $1,253.75 | $223,613.97 |
198 | $223,613.97 | $620.82 | $0.00 | $1,264.35 | $225,499.14 |
199 | $225,499.14 | $620.82 | $0.00 | $1,275.00 | $227,394.96 |
200 | $227,394.96 | $620.82 | $0.00 | $1,285.72 | $229,301.50 |
201 | $229,301.50 | $620.82 | $0.00 | $1,296.50 | $231,218.82 |
202 | $231,218.82 | $620.82 | $0.00 | $1,307.34 | $233,146.98 |
203 | $233,146.98 | $620.82 | $0.00 | $1,318.25 | $235,086.05 |
204 | $235,086.05 | $620.82 | $0.00 | $1,329.21 | $237,036.08 |
205 | $237,036.08 | $620.82 | $0.00 | $1,340.24 | $238,997.14 |
206 | $238,997.14 | $620.82 | $0.00 | $1,351.32 | $240,969.28 |
207 | $240,969.28 | $620.82 | $0.00 | $1,362.48 | $242,952.58 |
208 | $242,952.58 | $620.82 | $0.00 | $1,373.69 | $244,947.09 |
209 | $244,947.09 | $620.82 | $0.00 | $1,384.97 | $246,952.88 |
210 | $246,952.88 | $620.82 | $0.00 | $1,396.31 | $248,970.01 |
211 | $248,970.01 | $620.82 | $0.00 | $1,407.71 | $250,998.54 |
212 | $250,998.54 | $620.82 | $0.00 | $1,419.18 | $253,038.54 |
213 | $253,038.54 | $620.82 | $0.00 | $1,430.72 | $255,090.08 |
214 | $255,090.08 | $620.82 | $0.00 | $1,442.32 | $257,153.22 |
215 | $257,153.22 | $620.82 | $0.00 | $1,453.98 | $259,228.02 |
216 | $259,228.02 | $620.82 | $0.00 | $1,465.71 | $261,314.55 |
217 | $261,314.55 | $620.82 | $72,783.39 | $1,477.51 | $190,629.49 |
218 | $190,629.49 | $620.82 | $0.00 | $1,077.85 | $192,328.16 |
219 | $192,328.16 | $620.82 | $0.00 | $1,087.45 | $194,036.43 |
220 | $194,036.43 | $620.82 | $0.00 | $1,097.11 | $195,754.36 |
221 | $195,754.36 | $620.82 | $0.00 | $1,106.82 | $197,482.00 |
222 | $197,482.00 | $620.82 | $0.00 | $1,116.59 | $199,219.41 |
223 | $199,219.41 | $620.82 | $0.00 | $1,126.42 | $200,966.65 |
224 | $200,966.65 | $620.82 | $0.00 | $1,136.29 | $202,723.76 |
225 | $202,723.76 | $620.82 | $0.00 | $1,146.23 | $204,490.81 |
226 | $204,490.81 | $620.82 | $0.00 | $1,156.22 | $206,267.85 |
227 | $206,267.85 | $620.82 | $0.00 | $1,166.27 | $208,054.94 |
228 | $208,054.94 | $620.82 | $0.00 | $1,176.37 | $209,852.13 |
229 | $209,852.13 | $620.82 | $76,422.55 | $1,186.53 | $135,236.93 |
230 | $135,236.93 | $620.82 | $0.00 | $764.65 | $136,622.40 |
231 | $136,622.40 | $620.82 | $0.00 | $772.48 | $138,015.70 |
232 | $138,015.70 | $620.82 | $0.00 | $780.36 | $139,416.88 |
233 | $139,416.88 | $620.82 | $0.00 | $788.28 | $140,825.98 |
234 | $140,825.98 | $620.82 | $0.00 | $796.25 | $142,243.05 |
235 | $142,243.05 | $620.82 | $0.00 | $804.26 | $143,668.13 |
236 | $143,668.13 | $620.82 | $0.00 | $812.32 | $145,101.27 |
237 | $145,101.27 | $620.82 | $0.00 | $820.42 | $146,542.51 |
238 | $146,542.51 | $620.82 | $0.00 | $828.57 | $147,991.90 |
239 | $147,991.90 | $620.82 | $0.00 | $836.77 | $149,449.49 |
240 | $149,449.49 | $620.82 | $0.00 | $845.01 | $150,915.32 |
241 | $150,915.32 | $620.82 | $80,243.68 | $853.30 | $72,145.76 |
242 | $72,145.76 | $620.82 | $0.00 | $407.92 | $73,174.50 |
243 | $73,174.50 | $620.82 | $0.00 | $413.74 | $74,209.06 |
244 | $74,209.06 | $620.82 | $0.00 | $419.59 | $75,249.47 |
245 | $75,249.47 | $620.82 | $0.00 | $425.47 | $76,295.76 |
246 | $76,295.76 | $620.82 | $0.00 | $431.39 | $77,347.97 |
247 | $77,347.97 | $620.82 | $0.00 | $437.34 | $78,406.13 |
248 | $78,406.13 | $620.82 | $0.00 | $443.32 | $79,470.27 |
249 | $79,470.27 | $620.82 | $0.00 | $449.34 | $80,540.43 |
250 | $80,540.43 | $620.82 | $0.00 | $455.39 | $81,616.64 |
251 | $81,616.64 | $620.82 | $0.00 | $461.47 | $82,698.93 |
252 | $82,698.93 | $620.82 | $0.00 | $467.59 | $83,787.34 |
253 | $83,787.34 | $0.00 | $84,255.87 | $473.75 | $5.22 |