Savings Plan and Future Cost Estimation for University of New Haven

How much will it cost and what do you need to save?

Savings Plan and Future Cost Estimation

Estimated Annual Cost in 2042$238,434
Monthly savings required$1,884

How much will it cost to send your child to University of New Haven in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at $953,736.23 for students enrolling in 2042 if tuition increases average 7% per year until then.   Assuming you have no current college savings, monthly deposits of $1,884.40 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.

Assumptions

Current Annual Cost$63,554.00
Years until enrollment18
Annual Tuition Increase7%
Current Savings$0.00
After Tax Return on Savings7%
Years of enrollment4

Current Savings Shortfall

College Savings Calculator

Update Your Savings Plan

Discover how much will you need to start saving now to afford University of New Haven in the future.

Planned Savings Balance

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 $0.00 $1,884.40 $0.00 $0.00 $1,884.40
2 $1,884.40 $1,884.40 $0.00 $10.65 $3,779.45
3 $3,779.45 $1,884.40 $0.00 $21.37 $5,685.22
4 $5,685.22 $1,884.40 $0.00 $32.15 $7,601.77
5 $7,601.77 $1,884.40 $0.00 $42.98 $9,529.15
6 $9,529.15 $1,884.40 $0.00 $53.88 $11,467.43
7 $11,467.43 $1,884.40 $0.00 $64.84 $13,416.67
8 $13,416.67 $1,884.40 $0.00 $75.86 $15,376.93
9 $15,376.93 $1,884.40 $0.00 $86.94 $17,348.27
10 $17,348.27 $1,884.40 $0.00 $98.09 $19,330.76
11 $19,330.76 $1,884.40 $0.00 $109.30 $21,324.46
12 $21,324.46 $1,884.40 $0.00 $120.57 $23,329.43
13 $23,329.43 $1,884.40 $0.00 $131.91 $25,345.74
14 $25,345.74 $1,884.40 $0.00 $143.31 $27,373.45
15 $27,373.45 $1,884.40 $0.00 $154.77 $29,412.62
16 $29,412.62 $1,884.40 $0.00 $166.30 $31,463.32
17 $31,463.32 $1,884.40 $0.00 $177.90 $33,525.62
18 $33,525.62 $1,884.40 $0.00 $189.56 $35,599.58
19 $35,599.58 $1,884.40 $0.00 $201.29 $37,685.27
20 $37,685.27 $1,884.40 $0.00 $213.08 $39,782.75
21 $39,782.75 $1,884.40 $0.00 $224.94 $41,892.09
22 $41,892.09 $1,884.40 $0.00 $236.86 $44,013.35
23 $44,013.35 $1,884.40 $0.00 $248.86 $46,146.61
24 $46,146.61 $1,884.40 $0.00 $260.92 $48,291.93
25 $48,291.93 $1,884.40 $0.00 $273.05 $50,449.38
26 $50,449.38 $1,884.40 $0.00 $285.25 $52,619.03
27 $52,619.03 $1,884.40 $0.00 $297.52 $54,800.95
28 $54,800.95 $1,884.40 $0.00 $309.85 $56,995.20
29 $56,995.20 $1,884.40 $0.00 $322.26 $59,201.86
30 $59,201.86 $1,884.40 $0.00 $334.74 $61,421.00
31 $61,421.00 $1,884.40 $0.00 $347.28 $63,652.68
32 $63,652.68 $1,884.40 $0.00 $359.90 $65,896.98
33 $65,896.98 $1,884.40 $0.00 $372.59 $68,153.97
34 $68,153.97 $1,884.40 $0.00 $385.35 $70,423.72
35 $70,423.72 $1,884.40 $0.00 $398.19 $72,706.31
36 $72,706.31 $1,884.40 $0.00 $411.09 $75,001.80
37 $75,001.80 $1,884.40 $0.00 $424.07 $77,310.27
38 $77,310.27 $1,884.40 $0.00 $437.12 $79,631.79
39 $79,631.79 $1,884.40 $0.00 $450.25 $81,966.44
40 $81,966.44 $1,884.40 $0.00 $463.45 $84,314.29
41 $84,314.29 $1,884.40 $0.00 $476.73 $86,675.42
42 $86,675.42 $1,884.40 $0.00 $490.08 $89,049.90
43 $89,049.90 $1,884.40 $0.00 $503.50 $91,437.80
44 $91,437.80 $1,884.40 $0.00 $517.00 $93,839.20
45 $93,839.20 $1,884.40 $0.00 $530.58 $96,254.18
46 $96,254.18 $1,884.40 $0.00 $544.24 $98,682.82
47 $98,682.82 $1,884.40 $0.00 $557.97 $101,125.19
48 $101,125.19 $1,884.40 $0.00 $571.78 $103,581.37
49 $103,581.37 $1,884.40 $0.00 $585.66 $106,051.43
50 $106,051.43 $1,884.40 $0.00 $599.63 $108,535.46
51 $108,535.46 $1,884.40 $0.00 $613.68 $111,033.54
52 $111,033.54 $1,884.40 $0.00 $627.80 $113,545.74
53 $113,545.74 $1,884.40 $0.00 $642.00 $116,072.14
54 $116,072.14 $1,884.40 $0.00 $656.29 $118,612.83
55 $118,612.83 $1,884.40 $0.00 $670.65 $121,167.88
56 $121,167.88 $1,884.40 $0.00 $685.10 $123,737.38
57 $123,737.38 $1,884.40 $0.00 $699.63 $126,321.41
58 $126,321.41 $1,884.40 $0.00 $714.24 $128,920.05
59 $128,920.05 $1,884.40 $0.00 $728.93 $131,533.38
60 $131,533.38 $1,884.40 $0.00 $743.71 $134,161.49
61 $134,161.49 $1,884.40 $0.00 $758.57 $136,804.46
62 $136,804.46 $1,884.40 $0.00 $773.51 $139,462.37
63 $139,462.37 $1,884.40 $0.00 $788.54 $142,135.31
64 $142,135.31 $1,884.40 $0.00 $803.65 $144,823.36
65 $144,823.36 $1,884.40 $0.00 $818.85 $147,526.61
66 $147,526.61 $1,884.40 $0.00 $834.14 $150,245.15
67 $150,245.15 $1,884.40 $0.00 $849.51 $152,979.06
68 $152,979.06 $1,884.40 $0.00 $864.97 $155,728.43
69 $155,728.43 $1,884.40 $0.00 $880.51 $158,493.34
70 $158,493.34 $1,884.40 $0.00 $896.14 $161,273.88
71 $161,273.88 $1,884.40 $0.00 $911.87 $164,070.15
72 $164,070.15 $1,884.40 $0.00 $927.68 $166,882.23
73 $166,882.23 $1,884.40 $0.00 $943.58 $169,710.21
74 $169,710.21 $1,884.40 $0.00 $959.57 $172,554.18
75 $172,554.18 $1,884.40 $0.00 $975.65 $175,414.23
76 $175,414.23 $1,884.40 $0.00 $991.82 $178,290.45
77 $178,290.45 $1,884.40 $0.00 $1,008.08 $181,182.93
78 $181,182.93 $1,884.40 $0.00 $1,024.43 $184,091.76
79 $184,091.76 $1,884.40 $0.00 $1,040.88 $187,017.04
80 $187,017.04 $1,884.40 $0.00 $1,057.42 $189,958.86
81 $189,958.86 $1,884.40 $0.00 $1,074.06 $192,917.32
82 $192,917.32 $1,884.40 $0.00 $1,090.78 $195,892.50
83 $195,892.50 $1,884.40 $0.00 $1,107.60 $198,884.50
84 $198,884.50 $1,884.40 $0.00 $1,124.52 $201,893.42
85 $201,893.42 $1,884.40 $0.00 $1,141.53 $204,919.35
86 $204,919.35 $1,884.40 $0.00 $1,158.64 $207,962.39
87 $207,962.39 $1,884.40 $0.00 $1,175.85 $211,022.64
88 $211,022.64 $1,884.40 $0.00 $1,193.15 $214,100.19
89 $214,100.19 $1,884.40 $0.00 $1,210.55 $217,195.14
90 $217,195.14 $1,884.40 $0.00 $1,228.05 $220,307.59
91 $220,307.59 $1,884.40 $0.00 $1,245.65 $223,437.64
92 $223,437.64 $1,884.40 $0.00 $1,263.35 $226,585.39
93 $226,585.39 $1,884.40 $0.00 $1,281.15 $229,750.94
94 $229,750.94 $1,884.40 $0.00 $1,299.05 $232,934.39
95 $232,934.39 $1,884.40 $0.00 $1,317.04 $236,135.83
96 $236,135.83 $1,884.40 $0.00 $1,335.15 $239,355.38
97 $239,355.38 $1,884.40 $0.00 $1,353.35 $242,593.13
98 $242,593.13 $1,884.40 $0.00 $1,371.66 $245,849.19
99 $245,849.19 $1,884.40 $0.00 $1,390.07 $249,123.66
100 $249,123.66 $1,884.40 $0.00 $1,408.58 $252,416.64
101 $252,416.64 $1,884.40 $0.00 $1,427.20 $255,728.24
102 $255,728.24 $1,884.40 $0.00 $1,445.92 $259,058.56
103 $259,058.56 $1,884.40 $0.00 $1,464.75 $262,407.71
104 $262,407.71 $1,884.40 $0.00 $1,483.69 $265,775.80
105 $265,775.80 $1,884.40 $0.00 $1,502.74 $269,162.94
106 $269,162.94 $1,884.40 $0.00 $1,521.89 $272,569.23
107 $272,569.23 $1,884.40 $0.00 $1,541.15 $275,994.78
108 $275,994.78 $1,884.40 $0.00 $1,560.51 $279,439.69
109 $279,439.69 $1,884.40 $0.00 $1,579.99 $282,904.08
110 $282,904.08 $1,884.40 $0.00 $1,599.58 $286,388.06
111 $286,388.06 $1,884.40 $0.00 $1,619.28 $289,891.74
112 $289,891.74 $1,884.40 $0.00 $1,639.09 $293,415.23
113 $293,415.23 $1,884.40 $0.00 $1,659.01 $296,958.64
114 $296,958.64 $1,884.40 $0.00 $1,679.05 $300,522.09
115 $300,522.09 $1,884.40 $0.00 $1,699.20 $304,105.69
116 $304,105.69 $1,884.40 $0.00 $1,719.46 $307,709.55
117 $307,709.55 $1,884.40 $0.00 $1,739.83 $311,333.78
118 $311,333.78 $1,884.40 $0.00 $1,760.33 $314,978.51
119 $314,978.51 $1,884.40 $0.00 $1,780.93 $318,643.84
120 $318,643.84 $1,884.40 $0.00 $1,801.66 $322,329.90
121 $322,329.90 $1,884.40 $0.00 $1,822.50 $326,036.80
122 $326,036.80 $1,884.40 $0.00 $1,843.46 $329,764.66
123 $329,764.66 $1,884.40 $0.00 $1,864.54 $333,513.60
124 $333,513.60 $1,884.40 $0.00 $1,885.73 $337,283.73
125 $337,283.73 $1,884.40 $0.00 $1,907.05 $341,075.18
126 $341,075.18 $1,884.40 $0.00 $1,928.49 $344,888.07
127 $344,888.07 $1,884.40 $0.00 $1,950.05 $348,722.52
128 $348,722.52 $1,884.40 $0.00 $1,971.73 $352,578.65
129 $352,578.65 $1,884.40 $0.00 $1,993.53 $356,456.58
130 $356,456.58 $1,884.40 $0.00 $2,015.46 $360,356.44
131 $360,356.44 $1,884.40 $0.00 $2,037.51 $364,278.35
132 $364,278.35 $1,884.40 $0.00 $2,059.68 $368,222.43
133 $368,222.43 $1,884.40 $0.00 $2,081.98 $372,188.81
134 $372,188.81 $1,884.40 $0.00 $2,104.41 $376,177.62
135 $376,177.62 $1,884.40 $0.00 $2,126.96 $380,188.98
136 $380,188.98 $1,884.40 $0.00 $2,149.64 $384,223.02
137 $384,223.02 $1,884.40 $0.00 $2,172.45 $388,279.87
138 $388,279.87 $1,884.40 $0.00 $2,195.39 $392,359.66
139 $392,359.66 $1,884.40 $0.00 $2,218.46 $396,462.52
140 $396,462.52 $1,884.40 $0.00 $2,241.66 $400,588.58
141 $400,588.58 $1,884.40 $0.00 $2,264.99 $404,737.97
142 $404,737.97 $1,884.40 $0.00 $2,288.45 $408,910.82
143 $408,910.82 $1,884.40 $0.00 $2,312.04 $413,107.26
144 $413,107.26 $1,884.40 $0.00 $2,335.77 $417,327.43
145 $417,327.43 $1,884.40 $0.00 $2,359.63 $421,571.46
146 $421,571.46 $1,884.40 $0.00 $2,383.63 $425,839.49
147 $425,839.49 $1,884.40 $0.00 $2,407.76 $430,131.65
148 $430,131.65 $1,884.40 $0.00 $2,432.03 $434,448.08
149 $434,448.08 $1,884.40 $0.00 $2,456.43 $438,788.91
150 $438,788.91 $1,884.40 $0.00 $2,480.98 $443,154.29
151 $443,154.29 $1,884.40 $0.00 $2,505.66 $447,544.35
152 $447,544.35 $1,884.40 $0.00 $2,530.48 $451,959.23
153 $451,959.23 $1,884.40 $0.00 $2,555.44 $456,399.07
154 $456,399.07 $1,884.40 $0.00 $2,580.55 $460,864.02
155 $460,864.02 $1,884.40 $0.00 $2,605.79 $465,354.21
156 $465,354.21 $1,884.40 $0.00 $2,631.18 $469,869.79
157 $469,869.79 $1,884.40 $0.00 $2,656.71 $474,410.90
158 $474,410.90 $1,884.40 $0.00 $2,682.39 $478,977.69
159 $478,977.69 $1,884.40 $0.00 $2,708.21 $483,570.30
160 $483,570.30 $1,884.40 $0.00 $2,734.18 $488,188.88
161 $488,188.88 $1,884.40 $0.00 $2,760.29 $492,833.57
162 $492,833.57 $1,884.40 $0.00 $2,786.55 $497,504.52
163 $497,504.52 $1,884.40 $0.00 $2,812.96 $502,201.88
164 $502,201.88 $1,884.40 $0.00 $2,839.52 $506,925.80
165 $506,925.80 $1,884.40 $0.00 $2,866.23 $511,676.43
166 $511,676.43 $1,884.40 $0.00 $2,893.09 $516,453.92
167 $516,453.92 $1,884.40 $0.00 $2,920.11 $521,258.43
168 $521,258.43 $1,884.40 $0.00 $2,947.27 $526,090.10
169 $526,090.10 $1,884.40 $0.00 $2,974.59 $530,949.09
170 $530,949.09 $1,884.40 $0.00 $3,002.06 $535,835.55
171 $535,835.55 $1,884.40 $0.00 $3,029.69 $540,749.64
172 $540,749.64 $1,884.40 $0.00 $3,057.48 $545,691.52
173 $545,691.52 $1,884.40 $0.00 $3,085.42 $550,661.34
174 $550,661.34 $1,884.40 $0.00 $3,113.52 $555,659.26
175 $555,659.26 $1,884.40 $0.00 $3,141.78 $560,685.44
176 $560,685.44 $1,884.40 $0.00 $3,170.20 $565,740.04
177 $565,740.04 $1,884.40 $0.00 $3,198.78 $570,823.22
178 $570,823.22 $1,884.40 $0.00 $3,227.52 $575,935.14
179 $575,935.14 $1,884.40 $0.00 $3,256.42 $581,075.96
180 $581,075.96 $1,884.40 $0.00 $3,285.49 $586,245.85
181 $586,245.85 $1,884.40 $0.00 $3,314.72 $591,444.97
182 $591,444.97 $1,884.40 $0.00 $3,344.12 $596,673.49
183 $596,673.49 $1,884.40 $0.00 $3,373.68 $601,931.57
184 $601,931.57 $1,884.40 $0.00 $3,403.41 $607,219.38
185 $607,219.38 $1,884.40 $0.00 $3,433.31 $612,537.09
186 $612,537.09 $1,884.40 $0.00 $3,463.37 $617,884.86
187 $617,884.86 $1,884.40 $0.00 $3,493.61 $623,262.87
188 $623,262.87 $1,884.40 $0.00 $3,524.02 $628,671.29
189 $628,671.29 $1,884.40 $0.00 $3,554.60 $634,110.29
190 $634,110.29 $1,884.40 $0.00 $3,585.35 $639,580.04
191 $639,580.04 $1,884.40 $0.00 $3,616.28 $645,080.72
192 $645,080.72 $1,884.40 $0.00 $3,647.38 $650,612.50
193 $650,612.50 $1,884.40 $0.00 $3,678.66 $656,175.56
194 $656,175.56 $1,884.40 $0.00 $3,710.11 $661,770.07
195 $661,770.07 $1,884.40 $0.00 $3,741.74 $667,396.21
196 $667,396.21 $1,884.40 $0.00 $3,773.56 $673,054.17
197 $673,054.17 $1,884.40 $0.00 $3,805.55 $678,744.12
198 $678,744.12 $1,884.40 $0.00 $3,837.72 $684,466.24
199 $684,466.24 $1,884.40 $0.00 $3,870.07 $690,220.71
200 $690,220.71 $1,884.40 $0.00 $3,902.61 $696,007.72
201 $696,007.72 $1,884.40 $0.00 $3,935.33 $701,827.45
202 $701,827.45 $1,884.40 $0.00 $3,968.23 $707,680.08
203 $707,680.08 $1,884.40 $0.00 $4,001.33 $713,565.81
204 $713,565.81 $1,884.40 $0.00 $4,034.60 $719,484.81
205 $719,484.81 $1,884.40 $0.00 $4,068.07 $725,437.28
206 $725,437.28 $1,884.40 $0.00 $4,101.73 $731,423.41
207 $731,423.41 $1,884.40 $0.00 $4,135.57 $737,443.38
208 $737,443.38 $1,884.40 $0.00 $4,169.61 $743,497.39
209 $743,497.39 $1,884.40 $0.00 $4,203.84 $749,585.63
210 $749,585.63 $1,884.40 $0.00 $4,238.27 $755,708.30
211 $755,708.30 $1,884.40 $0.00 $4,272.88 $761,865.58
212 $761,865.58 $1,884.40 $0.00 $4,307.70 $768,057.68
213 $768,057.68 $1,884.40 $0.00 $4,342.71 $774,284.79
214 $774,284.79 $1,884.40 $0.00 $4,377.92 $780,547.11
215 $780,547.11 $1,884.40 $0.00 $4,413.33 $786,844.84
216 $786,844.84 $1,884.40 $0.00 $4,448.94 $793,178.18
217 $793,178.18 $1,884.40 $214,808.22 $4,484.74 $584,739.10
218 $584,739.10 $1,884.40 $0.00 $3,306.20 $589,929.70
219 $589,929.70 $1,884.40 $0.00 $3,335.55 $595,149.65
220 $595,149.65 $1,884.40 $0.00 $3,365.06 $600,399.11
221 $600,399.11 $1,884.40 $0.00 $3,394.74 $605,678.25
222 $605,678.25 $1,884.40 $0.00 $3,424.59 $610,987.24
223 $610,987.24 $1,884.40 $0.00 $3,454.61 $616,326.25
224 $616,326.25 $1,884.40 $0.00 $3,484.80 $621,695.45
225 $621,695.45 $1,884.40 $0.00 $3,515.16 $627,095.01
226 $627,095.01 $1,884.40 $0.00 $3,545.69 $632,525.10
227 $632,525.10 $1,884.40 $0.00 $3,576.39 $637,985.89
228 $637,985.89 $1,884.40 $0.00 $3,607.26 $643,477.55
229 $643,477.55 $1,884.40 $229,844.79 $3,638.32 $419,155.48
230 $419,155.48 $1,884.40 $0.00 $2,369.97 $423,409.85
231 $423,409.85 $1,884.40 $0.00 $2,394.02 $427,688.27
232 $427,688.27 $1,884.40 $0.00 $2,418.21 $431,990.88
233 $431,990.88 $1,884.40 $0.00 $2,442.54 $436,317.82
234 $436,317.82 $1,884.40 $0.00 $2,467.00 $440,669.22
235 $440,669.22 $1,884.40 $0.00 $2,491.61 $445,045.23
236 $445,045.23 $1,884.40 $0.00 $2,516.35 $449,445.98
237 $449,445.98 $1,884.40 $0.00 $2,541.23 $453,871.61
238 $453,871.61 $1,884.40 $0.00 $2,566.26 $458,322.27
239 $458,322.27 $1,884.40 $0.00 $2,591.42 $462,798.09
240 $462,798.09 $1,884.40 $0.00 $2,616.73 $467,299.22
241 $467,299.22 $1,884.40 $245,933.93 $2,642.18 $225,891.87
242 $225,891.87 $1,884.40 $0.00 $1,277.23 $229,053.50
243 $229,053.50 $1,884.40 $0.00 $1,295.10 $232,233.00
244 $232,233.00 $1,884.40 $0.00 $1,313.08 $235,430.48
245 $235,430.48 $1,884.40 $0.00 $1,331.16 $238,646.04
246 $238,646.04 $1,884.40 $0.00 $1,349.34 $241,879.78
247 $241,879.78 $1,884.40 $0.00 $1,367.62 $245,131.80
248 $245,131.80 $1,884.40 $0.00 $1,386.01 $248,402.21
249 $248,402.21 $1,884.40 $0.00 $1,404.50 $251,691.11
250 $251,691.11 $1,884.40 $0.00 $1,423.10 $254,998.61
251 $254,998.61 $1,884.40 $0.00 $1,441.80 $258,324.81
252 $258,324.81 $1,884.40 $0.00 $1,460.61 $261,669.82
253 $261,669.82 $0.00 $263,149.30 $1,479.52 $0.04