Estimated Annual Cost in 2042 | $121,082 |
Monthly savings required | $957 |
How much will it cost to send your child to Virginia Tech in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $484,326.45 for students enrolling in 2042 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $956.94 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 | $32,274.00 |
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 Virginia Tech in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $956.94 | $0.00 | $0.00 | $956.94 |
2 | $956.94 | $956.94 | $0.00 | $5.41 | $1,919.29 |
3 | $1,919.29 | $956.94 | $0.00 | $10.85 | $2,887.08 |
4 | $2,887.08 | $956.94 | $0.00 | $16.32 | $3,860.34 |
5 | $3,860.34 | $956.94 | $0.00 | $21.83 | $4,839.11 |
6 | $4,839.11 | $956.94 | $0.00 | $27.36 | $5,823.41 |
7 | $5,823.41 | $956.94 | $0.00 | $32.93 | $6,813.28 |
8 | $6,813.28 | $956.94 | $0.00 | $38.52 | $7,808.74 |
9 | $7,808.74 | $956.94 | $0.00 | $44.15 | $8,809.83 |
10 | $8,809.83 | $956.94 | $0.00 | $49.81 | $9,816.58 |
11 | $9,816.58 | $956.94 | $0.00 | $55.50 | $10,829.02 |
12 | $10,829.02 | $956.94 | $0.00 | $61.23 | $11,847.19 |
13 | $11,847.19 | $956.94 | $0.00 | $66.99 | $12,871.12 |
14 | $12,871.12 | $956.94 | $0.00 | $72.78 | $13,900.84 |
15 | $13,900.84 | $956.94 | $0.00 | $78.60 | $14,936.38 |
16 | $14,936.38 | $956.94 | $0.00 | $84.45 | $15,977.77 |
17 | $15,977.77 | $956.94 | $0.00 | $90.34 | $17,025.05 |
18 | $17,025.05 | $956.94 | $0.00 | $96.26 | $18,078.25 |
19 | $18,078.25 | $956.94 | $0.00 | $102.22 | $19,137.41 |
20 | $19,137.41 | $956.94 | $0.00 | $108.21 | $20,202.56 |
21 | $20,202.56 | $956.94 | $0.00 | $114.23 | $21,273.73 |
22 | $21,273.73 | $956.94 | $0.00 | $120.28 | $22,350.95 |
23 | $22,350.95 | $956.94 | $0.00 | $126.38 | $23,434.27 |
24 | $23,434.27 | $956.94 | $0.00 | $132.50 | $24,523.71 |
25 | $24,523.71 | $956.94 | $0.00 | $138.66 | $25,619.31 |
26 | $25,619.31 | $956.94 | $0.00 | $144.86 | $26,721.11 |
27 | $26,721.11 | $956.94 | $0.00 | $151.09 | $27,829.14 |
28 | $27,829.14 | $956.94 | $0.00 | $157.35 | $28,943.43 |
29 | $28,943.43 | $956.94 | $0.00 | $163.65 | $30,064.02 |
30 | $30,064.02 | $956.94 | $0.00 | $169.99 | $31,190.95 |
31 | $31,190.95 | $956.94 | $0.00 | $176.36 | $32,324.25 |
32 | $32,324.25 | $956.94 | $0.00 | $182.77 | $33,463.96 |
33 | $33,463.96 | $956.94 | $0.00 | $189.21 | $34,610.11 |
34 | $34,610.11 | $956.94 | $0.00 | $195.69 | $35,762.74 |
35 | $35,762.74 | $956.94 | $0.00 | $202.21 | $36,921.89 |
36 | $36,921.89 | $956.94 | $0.00 | $208.76 | $38,087.59 |
37 | $38,087.59 | $956.94 | $0.00 | $215.35 | $39,259.88 |
38 | $39,259.88 | $956.94 | $0.00 | $221.98 | $40,438.80 |
39 | $40,438.80 | $956.94 | $0.00 | $228.65 | $41,624.39 |
40 | $41,624.39 | $956.94 | $0.00 | $235.35 | $42,816.68 |
41 | $42,816.68 | $956.94 | $0.00 | $242.09 | $44,015.71 |
42 | $44,015.71 | $956.94 | $0.00 | $248.87 | $45,221.52 |
43 | $45,221.52 | $956.94 | $0.00 | $255.69 | $46,434.15 |
44 | $46,434.15 | $956.94 | $0.00 | $262.55 | $47,653.64 |
45 | $47,653.64 | $956.94 | $0.00 | $269.44 | $48,880.02 |
46 | $48,880.02 | $956.94 | $0.00 | $276.37 | $50,113.33 |
47 | $50,113.33 | $956.94 | $0.00 | $283.35 | $51,353.62 |
48 | $51,353.62 | $956.94 | $0.00 | $290.36 | $52,600.92 |
49 | $52,600.92 | $956.94 | $0.00 | $297.41 | $53,855.27 |
50 | $53,855.27 | $956.94 | $0.00 | $304.51 | $55,116.72 |
51 | $55,116.72 | $956.94 | $0.00 | $311.64 | $56,385.30 |
52 | $56,385.30 | $956.94 | $0.00 | $318.81 | $57,661.05 |
53 | $57,661.05 | $956.94 | $0.00 | $326.02 | $58,944.01 |
54 | $58,944.01 | $956.94 | $0.00 | $333.28 | $60,234.23 |
55 | $60,234.23 | $956.94 | $0.00 | $340.57 | $61,531.74 |
56 | $61,531.74 | $956.94 | $0.00 | $347.91 | $62,836.59 |
57 | $62,836.59 | $956.94 | $0.00 | $355.29 | $64,148.82 |
58 | $64,148.82 | $956.94 | $0.00 | $362.71 | $65,468.47 |
59 | $65,468.47 | $956.94 | $0.00 | $370.17 | $66,795.58 |
60 | $66,795.58 | $956.94 | $0.00 | $377.67 | $68,130.19 |
61 | $68,130.19 | $956.94 | $0.00 | $385.22 | $69,472.35 |
62 | $69,472.35 | $956.94 | $0.00 | $392.81 | $70,822.10 |
63 | $70,822.10 | $956.94 | $0.00 | $400.44 | $72,179.48 |
64 | $72,179.48 | $956.94 | $0.00 | $408.11 | $73,544.53 |
65 | $73,544.53 | $956.94 | $0.00 | $415.83 | $74,917.30 |
66 | $74,917.30 | $956.94 | $0.00 | $423.59 | $76,297.83 |
67 | $76,297.83 | $956.94 | $0.00 | $431.40 | $77,686.17 |
68 | $77,686.17 | $956.94 | $0.00 | $439.25 | $79,082.36 |
69 | $79,082.36 | $956.94 | $0.00 | $447.14 | $80,486.44 |
70 | $80,486.44 | $956.94 | $0.00 | $455.08 | $81,898.46 |
71 | $81,898.46 | $956.94 | $0.00 | $463.07 | $83,318.47 |
72 | $83,318.47 | $956.94 | $0.00 | $471.09 | $84,746.50 |
73 | $84,746.50 | $956.94 | $0.00 | $479.17 | $86,182.61 |
74 | $86,182.61 | $956.94 | $0.00 | $487.29 | $87,626.84 |
75 | $87,626.84 | $956.94 | $0.00 | $495.45 | $89,079.23 |
76 | $89,079.23 | $956.94 | $0.00 | $503.67 | $90,539.84 |
77 | $90,539.84 | $956.94 | $0.00 | $511.93 | $92,008.71 |
78 | $92,008.71 | $956.94 | $0.00 | $520.23 | $93,485.88 |
79 | $93,485.88 | $956.94 | $0.00 | $528.58 | $94,971.40 |
80 | $94,971.40 | $956.94 | $0.00 | $536.98 | $96,465.32 |
81 | $96,465.32 | $956.94 | $0.00 | $545.43 | $97,967.69 |
82 | $97,967.69 | $956.94 | $0.00 | $553.92 | $99,478.55 |
83 | $99,478.55 | $956.94 | $0.00 | $562.47 | $100,997.96 |
84 | $100,997.96 | $956.94 | $0.00 | $571.06 | $102,525.96 |
85 | $102,525.96 | $956.94 | $0.00 | $579.70 | $104,062.60 |
86 | $104,062.60 | $956.94 | $0.00 | $588.39 | $105,607.93 |
87 | $105,607.93 | $956.94 | $0.00 | $597.12 | $107,161.99 |
88 | $107,161.99 | $956.94 | $0.00 | $605.91 | $108,724.84 |
89 | $108,724.84 | $956.94 | $0.00 | $614.75 | $110,296.53 |
90 | $110,296.53 | $956.94 | $0.00 | $623.63 | $111,877.10 |
91 | $111,877.10 | $956.94 | $0.00 | $632.57 | $113,466.61 |
92 | $113,466.61 | $956.94 | $0.00 | $641.56 | $115,065.11 |
93 | $115,065.11 | $956.94 | $0.00 | $650.59 | $116,672.64 |
94 | $116,672.64 | $956.94 | $0.00 | $659.68 | $118,289.26 |
95 | $118,289.26 | $956.94 | $0.00 | $668.82 | $119,915.02 |
96 | $119,915.02 | $956.94 | $0.00 | $678.02 | $121,549.98 |
97 | $121,549.98 | $956.94 | $0.00 | $687.26 | $123,194.18 |
98 | $123,194.18 | $956.94 | $0.00 | $696.56 | $124,847.68 |
99 | $124,847.68 | $956.94 | $0.00 | $705.91 | $126,510.53 |
100 | $126,510.53 | $956.94 | $0.00 | $715.31 | $128,182.78 |
101 | $128,182.78 | $956.94 | $0.00 | $724.76 | $129,864.48 |
102 | $129,864.48 | $956.94 | $0.00 | $734.27 | $131,555.69 |
103 | $131,555.69 | $956.94 | $0.00 | $743.83 | $133,256.46 |
104 | $133,256.46 | $956.94 | $0.00 | $753.45 | $134,966.85 |
105 | $134,966.85 | $956.94 | $0.00 | $763.12 | $136,686.91 |
106 | $136,686.91 | $956.94 | $0.00 | $772.85 | $138,416.70 |
107 | $138,416.70 | $956.94 | $0.00 | $782.63 | $140,156.27 |
108 | $140,156.27 | $956.94 | $0.00 | $792.46 | $141,905.67 |
109 | $141,905.67 | $956.94 | $0.00 | $802.36 | $143,664.97 |
110 | $143,664.97 | $956.94 | $0.00 | $812.30 | $145,434.21 |
111 | $145,434.21 | $956.94 | $0.00 | $822.31 | $147,213.46 |
112 | $147,213.46 | $956.94 | $0.00 | $832.37 | $149,002.77 |
113 | $149,002.77 | $956.94 | $0.00 | $842.48 | $150,802.19 |
114 | $150,802.19 | $956.94 | $0.00 | $852.66 | $152,611.79 |
115 | $152,611.79 | $956.94 | $0.00 | $862.89 | $154,431.62 |
116 | $154,431.62 | $956.94 | $0.00 | $873.18 | $156,261.74 |
117 | $156,261.74 | $956.94 | $0.00 | $883.53 | $158,102.21 |
118 | $158,102.21 | $956.94 | $0.00 | $893.93 | $159,953.08 |
119 | $159,953.08 | $956.94 | $0.00 | $904.40 | $161,814.42 |
120 | $161,814.42 | $956.94 | $0.00 | $914.92 | $163,686.28 |
121 | $163,686.28 | $956.94 | $0.00 | $925.51 | $165,568.73 |
122 | $165,568.73 | $956.94 | $0.00 | $936.15 | $167,461.82 |
123 | $167,461.82 | $956.94 | $0.00 | $946.85 | $169,365.61 |
124 | $169,365.61 | $956.94 | $0.00 | $957.62 | $171,280.17 |
125 | $171,280.17 | $956.94 | $0.00 | $968.44 | $173,205.55 |
126 | $173,205.55 | $956.94 | $0.00 | $979.33 | $175,141.82 |
127 | $175,141.82 | $956.94 | $0.00 | $990.28 | $177,089.04 |
128 | $177,089.04 | $956.94 | $0.00 | $1,001.29 | $179,047.27 |
129 | $179,047.27 | $956.94 | $0.00 | $1,012.36 | $181,016.57 |
130 | $181,016.57 | $956.94 | $0.00 | $1,023.49 | $182,997.00 |
131 | $182,997.00 | $956.94 | $0.00 | $1,034.69 | $184,988.63 |
132 | $184,988.63 | $956.94 | $0.00 | $1,045.95 | $186,991.52 |
133 | $186,991.52 | $956.94 | $0.00 | $1,057.28 | $189,005.74 |
134 | $189,005.74 | $956.94 | $0.00 | $1,068.67 | $191,031.35 |
135 | $191,031.35 | $956.94 | $0.00 | $1,080.12 | $193,068.41 |
136 | $193,068.41 | $956.94 | $0.00 | $1,091.64 | $195,116.99 |
137 | $195,116.99 | $956.94 | $0.00 | $1,103.22 | $197,177.15 |
138 | $197,177.15 | $956.94 | $0.00 | $1,114.87 | $199,248.96 |
139 | $199,248.96 | $956.94 | $0.00 | $1,126.58 | $201,332.48 |
140 | $201,332.48 | $956.94 | $0.00 | $1,138.36 | $203,427.78 |
141 | $203,427.78 | $956.94 | $0.00 | $1,150.21 | $205,534.93 |
142 | $205,534.93 | $956.94 | $0.00 | $1,162.12 | $207,653.99 |
143 | $207,653.99 | $956.94 | $0.00 | $1,174.11 | $209,785.04 |
144 | $209,785.04 | $956.94 | $0.00 | $1,186.16 | $211,928.14 |
145 | $211,928.14 | $956.94 | $0.00 | $1,198.27 | $214,083.35 |
146 | $214,083.35 | $956.94 | $0.00 | $1,210.46 | $216,250.75 |
147 | $216,250.75 | $956.94 | $0.00 | $1,222.71 | $218,430.40 |
148 | $218,430.40 | $956.94 | $0.00 | $1,235.04 | $220,622.38 |
149 | $220,622.38 | $956.94 | $0.00 | $1,247.43 | $222,826.75 |
150 | $222,826.75 | $956.94 | $0.00 | $1,259.89 | $225,043.58 |
151 | $225,043.58 | $956.94 | $0.00 | $1,272.43 | $227,272.95 |
152 | $227,272.95 | $956.94 | $0.00 | $1,285.03 | $229,514.92 |
153 | $229,514.92 | $956.94 | $0.00 | $1,297.71 | $231,769.57 |
154 | $231,769.57 | $956.94 | $0.00 | $1,310.46 | $234,036.97 |
155 | $234,036.97 | $956.94 | $0.00 | $1,323.28 | $236,317.19 |
156 | $236,317.19 | $956.94 | $0.00 | $1,336.17 | $238,610.30 |
157 | $238,610.30 | $956.94 | $0.00 | $1,349.14 | $240,916.38 |
158 | $240,916.38 | $956.94 | $0.00 | $1,362.18 | $243,235.50 |
159 | $243,235.50 | $956.94 | $0.00 | $1,375.29 | $245,567.73 |
160 | $245,567.73 | $956.94 | $0.00 | $1,388.48 | $247,913.15 |
161 | $247,913.15 | $956.94 | $0.00 | $1,401.74 | $250,271.83 |
162 | $250,271.83 | $956.94 | $0.00 | $1,415.07 | $252,643.84 |
163 | $252,643.84 | $956.94 | $0.00 | $1,428.49 | $255,029.27 |
164 | $255,029.27 | $956.94 | $0.00 | $1,441.97 | $257,428.18 |
165 | $257,428.18 | $956.94 | $0.00 | $1,455.54 | $259,840.66 |
166 | $259,840.66 | $956.94 | $0.00 | $1,469.18 | $262,266.78 |
167 | $262,266.78 | $956.94 | $0.00 | $1,482.89 | $264,706.61 |
168 | $264,706.61 | $956.94 | $0.00 | $1,496.69 | $267,160.24 |
169 | $267,160.24 | $956.94 | $0.00 | $1,510.56 | $269,627.74 |
170 | $269,627.74 | $956.94 | $0.00 | $1,524.51 | $272,109.19 |
171 | $272,109.19 | $956.94 | $0.00 | $1,538.54 | $274,604.67 |
172 | $274,604.67 | $956.94 | $0.00 | $1,552.65 | $277,114.26 |
173 | $277,114.26 | $956.94 | $0.00 | $1,566.84 | $279,638.04 |
174 | $279,638.04 | $956.94 | $0.00 | $1,581.11 | $282,176.09 |
175 | $282,176.09 | $956.94 | $0.00 | $1,595.46 | $284,728.49 |
176 | $284,728.49 | $956.94 | $0.00 | $1,609.90 | $287,295.33 |
177 | $287,295.33 | $956.94 | $0.00 | $1,624.41 | $289,876.68 |
178 | $289,876.68 | $956.94 | $0.00 | $1,639.00 | $292,472.62 |
179 | $292,472.62 | $956.94 | $0.00 | $1,653.68 | $295,083.24 |
180 | $295,083.24 | $956.94 | $0.00 | $1,668.44 | $297,708.62 |
181 | $297,708.62 | $956.94 | $0.00 | $1,683.29 | $300,348.85 |
182 | $300,348.85 | $956.94 | $0.00 | $1,698.22 | $303,004.01 |
183 | $303,004.01 | $956.94 | $0.00 | $1,713.23 | $305,674.18 |
184 | $305,674.18 | $956.94 | $0.00 | $1,728.33 | $308,359.45 |
185 | $308,359.45 | $956.94 | $0.00 | $1,743.51 | $311,059.90 |
186 | $311,059.90 | $956.94 | $0.00 | $1,758.78 | $313,775.62 |
187 | $313,775.62 | $956.94 | $0.00 | $1,774.13 | $316,506.69 |
188 | $316,506.69 | $956.94 | $0.00 | $1,789.57 | $319,253.20 |
189 | $319,253.20 | $956.94 | $0.00 | $1,805.10 | $322,015.24 |
190 | $322,015.24 | $956.94 | $0.00 | $1,820.72 | $324,792.90 |
191 | $324,792.90 | $956.94 | $0.00 | $1,836.43 | $327,586.27 |
192 | $327,586.27 | $956.94 | $0.00 | $1,852.22 | $330,395.43 |
193 | $330,395.43 | $956.94 | $0.00 | $1,868.10 | $333,220.47 |
194 | $333,220.47 | $956.94 | $0.00 | $1,884.08 | $336,061.49 |
195 | $336,061.49 | $956.94 | $0.00 | $1,900.14 | $338,918.57 |
196 | $338,918.57 | $956.94 | $0.00 | $1,916.29 | $341,791.80 |
197 | $341,791.80 | $956.94 | $0.00 | $1,932.54 | $344,681.28 |
198 | $344,681.28 | $956.94 | $0.00 | $1,948.88 | $347,587.10 |
199 | $347,587.10 | $956.94 | $0.00 | $1,965.31 | $350,509.35 |
200 | $350,509.35 | $956.94 | $0.00 | $1,981.83 | $353,448.12 |
201 | $353,448.12 | $956.94 | $0.00 | $1,998.45 | $356,403.51 |
202 | $356,403.51 | $956.94 | $0.00 | $2,015.16 | $359,375.61 |
203 | $359,375.61 | $956.94 | $0.00 | $2,031.96 | $362,364.51 |
204 | $362,364.51 | $956.94 | $0.00 | $2,048.86 | $365,370.31 |
205 | $365,370.31 | $956.94 | $0.00 | $2,065.86 | $368,393.11 |
206 | $368,393.11 | $956.94 | $0.00 | $2,082.95 | $371,433.00 |
207 | $371,433.00 | $956.94 | $0.00 | $2,100.14 | $374,490.08 |
208 | $374,490.08 | $956.94 | $0.00 | $2,117.42 | $377,564.44 |
209 | $377,564.44 | $956.94 | $0.00 | $2,134.80 | $380,656.18 |
210 | $380,656.18 | $956.94 | $0.00 | $2,152.29 | $383,765.41 |
211 | $383,765.41 | $956.94 | $0.00 | $2,169.87 | $386,892.22 |
212 | $386,892.22 | $956.94 | $0.00 | $2,187.54 | $390,036.70 |
213 | $390,036.70 | $956.94 | $0.00 | $2,205.32 | $393,198.96 |
214 | $393,198.96 | $956.94 | $0.00 | $2,223.20 | $396,379.10 |
215 | $396,379.10 | $956.94 | $0.00 | $2,241.19 | $399,577.23 |
216 | $399,577.23 | $956.94 | $0.00 | $2,259.27 | $402,793.44 |
217 | $402,793.44 | $956.94 | $109,083.93 | $2,277.45 | $296,943.90 |
218 | $296,943.90 | $956.94 | $0.00 | $1,678.96 | $299,579.80 |
219 | $299,579.80 | $956.94 | $0.00 | $1,693.87 | $302,230.61 |
220 | $302,230.61 | $956.94 | $0.00 | $1,708.86 | $304,896.41 |
221 | $304,896.41 | $956.94 | $0.00 | $1,723.93 | $307,577.28 |
222 | $307,577.28 | $956.94 | $0.00 | $1,739.09 | $310,273.31 |
223 | $310,273.31 | $956.94 | $0.00 | $1,754.33 | $312,984.58 |
224 | $312,984.58 | $956.94 | $0.00 | $1,769.66 | $315,711.18 |
225 | $315,711.18 | $956.94 | $0.00 | $1,785.08 | $318,453.20 |
226 | $318,453.20 | $956.94 | $0.00 | $1,800.58 | $321,210.72 |
227 | $321,210.72 | $956.94 | $0.00 | $1,816.17 | $323,983.83 |
228 | $323,983.83 | $956.94 | $0.00 | $1,831.85 | $326,772.62 |
229 | $326,772.62 | $956.94 | $116,719.81 | $1,847.62 | $212,857.37 |
230 | $212,857.37 | $956.94 | $0.00 | $1,203.53 | $215,017.84 |
231 | $215,017.84 | $956.94 | $0.00 | $1,215.74 | $217,190.52 |
232 | $217,190.52 | $956.94 | $0.00 | $1,228.03 | $219,375.49 |
233 | $219,375.49 | $956.94 | $0.00 | $1,240.38 | $221,572.81 |
234 | $221,572.81 | $956.94 | $0.00 | $1,252.80 | $223,782.55 |
235 | $223,782.55 | $956.94 | $0.00 | $1,265.30 | $226,004.79 |
236 | $226,004.79 | $956.94 | $0.00 | $1,277.86 | $228,239.59 |
237 | $228,239.59 | $956.94 | $0.00 | $1,290.50 | $230,487.03 |
238 | $230,487.03 | $956.94 | $0.00 | $1,303.21 | $232,747.18 |
239 | $232,747.18 | $956.94 | $0.00 | $1,315.99 | $235,020.11 |
240 | $235,020.11 | $956.94 | $0.00 | $1,328.84 | $237,305.89 |
241 | $237,305.89 | $956.94 | $124,890.20 | $1,341.76 | $114,714.39 |
242 | $114,714.39 | $956.94 | $0.00 | $648.61 | $116,319.94 |
243 | $116,319.94 | $956.94 | $0.00 | $657.69 | $117,934.57 |
244 | $117,934.57 | $956.94 | $0.00 | $666.82 | $119,558.33 |
245 | $119,558.33 | $956.94 | $0.00 | $676.00 | $121,191.27 |
246 | $121,191.27 | $956.94 | $0.00 | $685.23 | $122,833.44 |
247 | $122,833.44 | $956.94 | $0.00 | $694.52 | $124,484.90 |
248 | $124,484.90 | $956.94 | $0.00 | $703.86 | $126,145.70 |
249 | $126,145.70 | $956.94 | $0.00 | $713.25 | $127,815.89 |
250 | $127,815.89 | $956.94 | $0.00 | $722.69 | $129,495.52 |
251 | $129,495.52 | $956.94 | $0.00 | $732.19 | $131,184.65 |
252 | $131,184.65 | $956.94 | $0.00 | $741.74 | $132,883.33 |
253 | $132,883.33 | $0.00 | $133,632.51 | $751.34 | $2.16 |