Estimated Annual Cost in 2043 | $100,590 |
Monthly savings required | $795 |
How much will it cost to send your child to University of Southern Maine in 18 years and how much do you need to save? A 4 year degree is estimated to be priced at $402,359.82 for students enrolling in 2043 if tuition increases average 7% per year until then. Assuming you have no current college savings, monthly deposits of $794.99 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 | $26,812.00 |
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 University of Southern Maine in the future.
Month | Begin | Deposit | Withdraw | Interest | End |
---|---|---|---|---|---|
1 | $0.00 | $794.99 | $0.00 | $0.00 | $794.99 |
2 | $794.99 | $794.99 | $0.00 | $4.49 | $1,594.47 |
3 | $1,594.47 | $794.99 | $0.00 | $9.02 | $2,398.48 |
4 | $2,398.48 | $794.99 | $0.00 | $13.56 | $3,207.03 |
5 | $3,207.03 | $794.99 | $0.00 | $18.13 | $4,020.15 |
6 | $4,020.15 | $794.99 | $0.00 | $22.73 | $4,837.87 |
7 | $4,837.87 | $794.99 | $0.00 | $27.35 | $5,660.21 |
8 | $5,660.21 | $794.99 | $0.00 | $32.00 | $6,487.20 |
9 | $6,487.20 | $794.99 | $0.00 | $36.68 | $7,318.87 |
10 | $7,318.87 | $794.99 | $0.00 | $41.38 | $8,155.24 |
11 | $8,155.24 | $794.99 | $0.00 | $46.11 | $8,996.34 |
12 | $8,996.34 | $794.99 | $0.00 | $50.87 | $9,842.20 |
13 | $9,842.20 | $794.99 | $0.00 | $55.65 | $10,692.84 |
14 | $10,692.84 | $794.99 | $0.00 | $60.46 | $11,548.29 |
15 | $11,548.29 | $794.99 | $0.00 | $65.30 | $12,408.58 |
16 | $12,408.58 | $794.99 | $0.00 | $70.16 | $13,273.73 |
17 | $13,273.73 | $794.99 | $0.00 | $75.05 | $14,143.77 |
18 | $14,143.77 | $794.99 | $0.00 | $79.97 | $15,018.73 |
19 | $15,018.73 | $794.99 | $0.00 | $84.92 | $15,898.64 |
20 | $15,898.64 | $794.99 | $0.00 | $89.89 | $16,783.52 |
21 | $16,783.52 | $794.99 | $0.00 | $94.90 | $17,673.41 |
22 | $17,673.41 | $794.99 | $0.00 | $99.93 | $18,568.33 |
23 | $18,568.33 | $794.99 | $0.00 | $104.99 | $19,468.31 |
24 | $19,468.31 | $794.99 | $0.00 | $110.08 | $20,373.38 |
25 | $20,373.38 | $794.99 | $0.00 | $115.19 | $21,283.56 |
26 | $21,283.56 | $794.99 | $0.00 | $120.34 | $22,198.89 |
27 | $22,198.89 | $794.99 | $0.00 | $125.52 | $23,119.40 |
28 | $23,119.40 | $794.99 | $0.00 | $130.72 | $24,045.11 |
29 | $24,045.11 | $794.99 | $0.00 | $135.95 | $24,976.05 |
30 | $24,976.05 | $794.99 | $0.00 | $141.22 | $25,912.26 |
31 | $25,912.26 | $794.99 | $0.00 | $146.51 | $26,853.76 |
32 | $26,853.76 | $794.99 | $0.00 | $151.84 | $27,800.59 |
33 | $27,800.59 | $794.99 | $0.00 | $157.19 | $28,752.77 |
34 | $28,752.77 | $794.99 | $0.00 | $162.57 | $29,710.33 |
35 | $29,710.33 | $794.99 | $0.00 | $167.99 | $30,673.31 |
36 | $30,673.31 | $794.99 | $0.00 | $173.43 | $31,641.73 |
37 | $31,641.73 | $794.99 | $0.00 | $178.91 | $32,615.63 |
38 | $32,615.63 | $794.99 | $0.00 | $184.41 | $33,595.03 |
39 | $33,595.03 | $794.99 | $0.00 | $189.95 | $34,579.97 |
40 | $34,579.97 | $794.99 | $0.00 | $195.52 | $35,570.48 |
41 | $35,570.48 | $794.99 | $0.00 | $201.12 | $36,566.59 |
42 | $36,566.59 | $794.99 | $0.00 | $206.75 | $37,568.33 |
43 | $37,568.33 | $794.99 | $0.00 | $212.42 | $38,575.74 |
44 | $38,575.74 | $794.99 | $0.00 | $218.11 | $39,588.84 |
45 | $39,588.84 | $794.99 | $0.00 | $223.84 | $40,607.67 |
46 | $40,607.67 | $794.99 | $0.00 | $229.60 | $41,632.26 |
47 | $41,632.26 | $794.99 | $0.00 | $235.39 | $42,662.64 |
48 | $42,662.64 | $794.99 | $0.00 | $241.22 | $43,698.85 |
49 | $43,698.85 | $794.99 | $0.00 | $247.08 | $44,740.92 |
50 | $44,740.92 | $794.99 | $0.00 | $252.97 | $45,788.88 |
51 | $45,788.88 | $794.99 | $0.00 | $258.90 | $46,842.77 |
52 | $46,842.77 | $794.99 | $0.00 | $264.86 | $47,902.62 |
53 | $47,902.62 | $794.99 | $0.00 | $270.85 | $48,968.46 |
54 | $48,968.46 | $794.99 | $0.00 | $276.87 | $50,040.32 |
55 | $50,040.32 | $794.99 | $0.00 | $282.94 | $51,118.25 |
56 | $51,118.25 | $794.99 | $0.00 | $289.03 | $52,202.27 |
57 | $52,202.27 | $794.99 | $0.00 | $295.16 | $53,292.42 |
58 | $53,292.42 | $794.99 | $0.00 | $301.32 | $54,388.73 |
59 | $54,388.73 | $794.99 | $0.00 | $307.52 | $55,491.24 |
60 | $55,491.24 | $794.99 | $0.00 | $313.76 | $56,599.99 |
61 | $56,599.99 | $794.99 | $0.00 | $320.02 | $57,715.00 |
62 | $57,715.00 | $794.99 | $0.00 | $326.33 | $58,836.32 |
63 | $58,836.32 | $794.99 | $0.00 | $332.67 | $59,963.98 |
64 | $59,963.98 | $794.99 | $0.00 | $339.05 | $61,098.02 |
65 | $61,098.02 | $794.99 | $0.00 | $345.46 | $62,238.47 |
66 | $62,238.47 | $794.99 | $0.00 | $351.91 | $63,385.37 |
67 | $63,385.37 | $794.99 | $0.00 | $358.39 | $64,538.75 |
68 | $64,538.75 | $794.99 | $0.00 | $364.91 | $65,698.65 |
69 | $65,698.65 | $794.99 | $0.00 | $371.47 | $66,865.11 |
70 | $66,865.11 | $794.99 | $0.00 | $378.07 | $68,038.17 |
71 | $68,038.17 | $794.99 | $0.00 | $384.70 | $69,217.86 |
72 | $69,217.86 | $794.99 | $0.00 | $391.37 | $70,404.22 |
73 | $70,404.22 | $794.99 | $0.00 | $398.08 | $71,597.29 |
74 | $71,597.29 | $794.99 | $0.00 | $404.82 | $72,797.10 |
75 | $72,797.10 | $794.99 | $0.00 | $411.61 | $74,003.70 |
76 | $74,003.70 | $794.99 | $0.00 | $418.43 | $75,217.12 |
77 | $75,217.12 | $794.99 | $0.00 | $425.29 | $76,437.40 |
78 | $76,437.40 | $794.99 | $0.00 | $432.19 | $77,664.58 |
79 | $77,664.58 | $794.99 | $0.00 | $439.13 | $78,898.70 |
80 | $78,898.70 | $794.99 | $0.00 | $446.10 | $80,139.79 |
81 | $80,139.79 | $794.99 | $0.00 | $453.12 | $81,387.90 |
82 | $81,387.90 | $794.99 | $0.00 | $460.18 | $82,643.07 |
83 | $82,643.07 | $794.99 | $0.00 | $467.28 | $83,905.34 |
84 | $83,905.34 | $794.99 | $0.00 | $474.41 | $85,174.74 |
85 | $85,174.74 | $794.99 | $0.00 | $481.59 | $86,451.32 |
86 | $86,451.32 | $794.99 | $0.00 | $488.81 | $87,735.12 |
87 | $87,735.12 | $794.99 | $0.00 | $496.07 | $89,026.18 |
88 | $89,026.18 | $794.99 | $0.00 | $503.37 | $90,324.54 |
89 | $90,324.54 | $794.99 | $0.00 | $510.71 | $91,630.24 |
90 | $91,630.24 | $794.99 | $0.00 | $518.09 | $92,943.32 |
91 | $92,943.32 | $794.99 | $0.00 | $525.52 | $94,263.83 |
92 | $94,263.83 | $794.99 | $0.00 | $532.98 | $95,591.80 |
93 | $95,591.80 | $794.99 | $0.00 | $540.49 | $96,927.28 |
94 | $96,927.28 | $794.99 | $0.00 | $548.04 | $98,270.31 |
95 | $98,270.31 | $794.99 | $0.00 | $555.63 | $99,620.93 |
96 | $99,620.93 | $794.99 | $0.00 | $563.27 | $100,979.19 |
97 | $100,979.19 | $794.99 | $0.00 | $570.95 | $102,345.13 |
98 | $102,345.13 | $794.99 | $0.00 | $578.67 | $103,718.79 |
99 | $103,718.79 | $794.99 | $0.00 | $586.44 | $105,100.22 |
100 | $105,100.22 | $794.99 | $0.00 | $594.25 | $106,489.46 |
101 | $106,489.46 | $794.99 | $0.00 | $602.11 | $107,886.56 |
102 | $107,886.56 | $794.99 | $0.00 | $610.01 | $109,291.56 |
103 | $109,291.56 | $794.99 | $0.00 | $617.95 | $110,704.50 |
104 | $110,704.50 | $794.99 | $0.00 | $625.94 | $112,125.43 |
105 | $112,125.43 | $794.99 | $0.00 | $633.97 | $113,554.39 |
106 | $113,554.39 | $794.99 | $0.00 | $642.05 | $114,991.43 |
107 | $114,991.43 | $794.99 | $0.00 | $650.18 | $116,436.60 |
108 | $116,436.60 | $794.99 | $0.00 | $658.35 | $117,889.94 |
109 | $117,889.94 | $794.99 | $0.00 | $666.57 | $119,351.50 |
110 | $119,351.50 | $794.99 | $0.00 | $674.83 | $120,821.32 |
111 | $120,821.32 | $794.99 | $0.00 | $683.14 | $122,299.45 |
112 | $122,299.45 | $794.99 | $0.00 | $691.50 | $123,785.94 |
113 | $123,785.94 | $794.99 | $0.00 | $699.90 | $125,280.83 |
114 | $125,280.83 | $794.99 | $0.00 | $708.36 | $126,784.18 |
115 | $126,784.18 | $794.99 | $0.00 | $716.86 | $128,296.03 |
116 | $128,296.03 | $794.99 | $0.00 | $725.40 | $129,816.42 |
117 | $129,816.42 | $794.99 | $0.00 | $734.00 | $131,345.41 |
118 | $131,345.41 | $794.99 | $0.00 | $742.65 | $132,883.05 |
119 | $132,883.05 | $794.99 | $0.00 | $751.34 | $134,429.38 |
120 | $134,429.38 | $794.99 | $0.00 | $760.08 | $135,984.45 |
121 | $135,984.45 | $794.99 | $0.00 | $768.88 | $137,548.32 |
122 | $137,548.32 | $794.99 | $0.00 | $777.72 | $139,121.03 |
123 | $139,121.03 | $794.99 | $0.00 | $786.61 | $140,702.63 |
124 | $140,702.63 | $794.99 | $0.00 | $795.55 | $142,293.17 |
125 | $142,293.17 | $794.99 | $0.00 | $804.55 | $143,892.71 |
126 | $143,892.71 | $794.99 | $0.00 | $813.59 | $145,501.29 |
127 | $145,501.29 | $794.99 | $0.00 | $822.69 | $147,118.97 |
128 | $147,118.97 | $794.99 | $0.00 | $831.83 | $148,745.79 |
129 | $148,745.79 | $794.99 | $0.00 | $841.03 | $150,381.81 |
130 | $150,381.81 | $794.99 | $0.00 | $850.28 | $152,027.08 |
131 | $152,027.08 | $794.99 | $0.00 | $859.58 | $153,681.65 |
132 | $153,681.65 | $794.99 | $0.00 | $868.94 | $155,345.58 |
133 | $155,345.58 | $794.99 | $0.00 | $878.35 | $157,018.92 |
134 | $157,018.92 | $794.99 | $0.00 | $887.81 | $158,701.72 |
135 | $158,701.72 | $794.99 | $0.00 | $897.32 | $160,394.03 |
136 | $160,394.03 | $794.99 | $0.00 | $906.89 | $162,095.91 |
137 | $162,095.91 | $794.99 | $0.00 | $916.51 | $163,807.41 |
138 | $163,807.41 | $794.99 | $0.00 | $926.19 | $165,528.59 |
139 | $165,528.59 | $794.99 | $0.00 | $935.92 | $167,259.50 |
140 | $167,259.50 | $794.99 | $0.00 | $945.71 | $169,000.20 |
141 | $169,000.20 | $794.99 | $0.00 | $955.55 | $170,750.74 |
142 | $170,750.74 | $794.99 | $0.00 | $965.45 | $172,511.18 |
143 | $172,511.18 | $794.99 | $0.00 | $975.40 | $174,281.57 |
144 | $174,281.57 | $794.99 | $0.00 | $985.41 | $176,061.97 |
145 | $176,061.97 | $794.99 | $0.00 | $995.48 | $177,852.44 |
146 | $177,852.44 | $794.99 | $0.00 | $1,005.60 | $179,653.03 |
147 | $179,653.03 | $794.99 | $0.00 | $1,015.78 | $181,463.80 |
148 | $181,463.80 | $794.99 | $0.00 | $1,026.02 | $183,284.81 |
149 | $183,284.81 | $794.99 | $0.00 | $1,036.32 | $185,116.12 |
150 | $185,116.12 | $794.99 | $0.00 | $1,046.67 | $186,957.78 |
151 | $186,957.78 | $794.99 | $0.00 | $1,057.09 | $188,809.86 |
152 | $188,809.86 | $794.99 | $0.00 | $1,067.56 | $190,672.41 |
153 | $190,672.41 | $794.99 | $0.00 | $1,078.09 | $192,545.49 |
154 | $192,545.49 | $794.99 | $0.00 | $1,088.68 | $194,429.16 |
155 | $194,429.16 | $794.99 | $0.00 | $1,099.33 | $196,323.48 |
156 | $196,323.48 | $794.99 | $0.00 | $1,110.04 | $198,228.51 |
157 | $198,228.51 | $794.99 | $0.00 | $1,120.81 | $200,144.31 |
158 | $200,144.31 | $794.99 | $0.00 | $1,131.65 | $202,070.95 |
159 | $202,070.95 | $794.99 | $0.00 | $1,142.54 | $204,008.48 |
160 | $204,008.48 | $794.99 | $0.00 | $1,153.49 | $205,956.96 |
161 | $205,956.96 | $794.99 | $0.00 | $1,164.51 | $207,916.46 |
162 | $207,916.46 | $794.99 | $0.00 | $1,175.59 | $209,887.04 |
163 | $209,887.04 | $794.99 | $0.00 | $1,186.73 | $211,868.76 |
164 | $211,868.76 | $794.99 | $0.00 | $1,197.94 | $213,861.69 |
165 | $213,861.69 | $794.99 | $0.00 | $1,209.21 | $215,865.89 |
166 | $215,865.89 | $794.99 | $0.00 | $1,220.54 | $217,881.42 |
167 | $217,881.42 | $794.99 | $0.00 | $1,231.93 | $219,908.34 |
168 | $219,908.34 | $794.99 | $0.00 | $1,243.39 | $221,946.72 |
169 | $221,946.72 | $794.99 | $0.00 | $1,254.92 | $223,996.63 |
170 | $223,996.63 | $794.99 | $0.00 | $1,266.51 | $226,058.13 |
171 | $226,058.13 | $794.99 | $0.00 | $1,278.17 | $228,131.29 |
172 | $228,131.29 | $794.99 | $0.00 | $1,289.89 | $230,216.17 |
173 | $230,216.17 | $794.99 | $0.00 | $1,301.68 | $232,312.84 |
174 | $232,312.84 | $794.99 | $0.00 | $1,313.53 | $234,421.36 |
175 | $234,421.36 | $794.99 | $0.00 | $1,325.45 | $236,541.80 |
176 | $236,541.80 | $794.99 | $0.00 | $1,337.44 | $238,674.23 |
177 | $238,674.23 | $794.99 | $0.00 | $1,349.50 | $240,818.72 |
178 | $240,818.72 | $794.99 | $0.00 | $1,361.62 | $242,975.33 |
179 | $242,975.33 | $794.99 | $0.00 | $1,373.82 | $245,144.14 |
180 | $245,144.14 | $794.99 | $0.00 | $1,386.08 | $247,325.21 |
181 | $247,325.21 | $794.99 | $0.00 | $1,398.41 | $249,518.61 |
182 | $249,518.61 | $794.99 | $0.00 | $1,410.81 | $251,724.41 |
183 | $251,724.41 | $794.99 | $0.00 | $1,423.29 | $253,942.69 |
184 | $253,942.69 | $794.99 | $0.00 | $1,435.83 | $256,173.51 |
185 | $256,173.51 | $794.99 | $0.00 | $1,448.44 | $258,416.94 |
186 | $258,416.94 | $794.99 | $0.00 | $1,461.13 | $260,673.06 |
187 | $260,673.06 | $794.99 | $0.00 | $1,473.88 | $262,941.93 |
188 | $262,941.93 | $794.99 | $0.00 | $1,486.71 | $265,223.63 |
189 | $265,223.63 | $794.99 | $0.00 | $1,499.61 | $267,518.23 |
190 | $267,518.23 | $794.99 | $0.00 | $1,512.59 | $269,825.81 |
191 | $269,825.81 | $794.99 | $0.00 | $1,525.63 | $272,146.43 |
192 | $272,146.43 | $794.99 | $0.00 | $1,538.76 | $274,480.18 |
193 | $274,480.18 | $794.99 | $0.00 | $1,551.95 | $276,827.12 |
194 | $276,827.12 | $794.99 | $0.00 | $1,565.22 | $279,187.33 |
195 | $279,187.33 | $794.99 | $0.00 | $1,578.57 | $281,560.89 |
196 | $281,560.89 | $794.99 | $0.00 | $1,591.99 | $283,947.87 |
197 | $283,947.87 | $794.99 | $0.00 | $1,605.48 | $286,348.34 |
198 | $286,348.34 | $794.99 | $0.00 | $1,619.06 | $288,762.39 |
199 | $288,762.39 | $794.99 | $0.00 | $1,632.70 | $291,190.08 |
200 | $291,190.08 | $794.99 | $0.00 | $1,646.43 | $293,631.50 |
201 | $293,631.50 | $794.99 | $0.00 | $1,660.24 | $296,086.73 |
202 | $296,086.73 | $794.99 | $0.00 | $1,674.12 | $298,555.84 |
203 | $298,555.84 | $794.99 | $0.00 | $1,688.08 | $301,038.91 |
204 | $301,038.91 | $794.99 | $0.00 | $1,702.12 | $303,536.02 |
205 | $303,536.02 | $794.99 | $0.00 | $1,716.24 | $306,047.25 |
206 | $306,047.25 | $794.99 | $0.00 | $1,730.44 | $308,572.68 |
207 | $308,572.68 | $794.99 | $0.00 | $1,744.71 | $311,112.38 |
208 | $311,112.38 | $794.99 | $0.00 | $1,759.07 | $313,666.44 |
209 | $313,666.44 | $794.99 | $0.00 | $1,773.52 | $316,234.95 |
210 | $316,234.95 | $794.99 | $0.00 | $1,788.04 | $318,817.98 |
211 | $318,817.98 | $794.99 | $0.00 | $1,802.64 | $321,415.61 |
212 | $321,415.61 | $794.99 | $0.00 | $1,817.33 | $324,027.93 |
213 | $324,027.93 | $794.99 | $0.00 | $1,832.10 | $326,655.02 |
214 | $326,655.02 | $794.99 | $0.00 | $1,846.95 | $329,296.96 |
215 | $329,296.96 | $794.99 | $0.00 | $1,861.89 | $331,953.84 |
216 | $331,953.84 | $794.99 | $0.00 | $1,876.92 | $334,625.75 |
217 | $334,625.75 | $794.99 | $90,622.74 | $1,892.02 | $246,690.02 |
218 | $246,690.02 | $794.99 | $0.00 | $1,394.82 | $248,879.83 |
219 | $248,879.83 | $794.99 | $0.00 | $1,407.20 | $251,082.02 |
220 | $251,082.02 | $794.99 | $0.00 | $1,419.65 | $253,296.66 |
221 | $253,296.66 | $794.99 | $0.00 | $1,432.18 | $255,523.83 |
222 | $255,523.83 | $794.99 | $0.00 | $1,444.77 | $257,763.59 |
223 | $257,763.59 | $794.99 | $0.00 | $1,457.43 | $260,016.01 |
224 | $260,016.01 | $794.99 | $0.00 | $1,470.17 | $262,281.17 |
225 | $262,281.17 | $794.99 | $0.00 | $1,482.98 | $264,559.14 |
226 | $264,559.14 | $794.99 | $0.00 | $1,495.86 | $266,849.99 |
227 | $266,849.99 | $794.99 | $0.00 | $1,508.81 | $269,153.79 |
228 | $269,153.79 | $794.99 | $0.00 | $1,521.83 | $271,470.61 |
229 | $271,470.61 | $794.99 | $96,966.34 | $1,534.93 | $176,834.19 |
230 | $176,834.19 | $794.99 | $0.00 | $999.85 | $178,629.03 |
231 | $178,629.03 | $794.99 | $0.00 | $1,009.99 | $180,434.01 |
232 | $180,434.01 | $794.99 | $0.00 | $1,020.20 | $182,249.20 |
233 | $182,249.20 | $794.99 | $0.00 | $1,030.46 | $184,074.65 |
234 | $184,074.65 | $794.99 | $0.00 | $1,040.78 | $185,910.42 |
235 | $185,910.42 | $794.99 | $0.00 | $1,051.16 | $187,756.57 |
236 | $187,756.57 | $794.99 | $0.00 | $1,061.60 | $189,613.16 |
237 | $189,613.16 | $794.99 | $0.00 | $1,072.10 | $191,480.25 |
238 | $191,480.25 | $794.99 | $0.00 | $1,082.66 | $193,357.90 |
239 | $193,357.90 | $794.99 | $0.00 | $1,093.27 | $195,246.16 |
240 | $195,246.16 | $794.99 | $0.00 | $1,103.95 | $197,145.10 |
241 | $197,145.10 | $794.99 | $103,753.98 | $1,114.69 | $95,300.80 |
242 | $95,300.80 | $794.99 | $0.00 | $538.84 | $96,634.63 |
243 | $96,634.63 | $794.99 | $0.00 | $546.39 | $97,976.01 |
244 | $97,976.01 | $794.99 | $0.00 | $553.97 | $99,324.97 |
245 | $99,324.97 | $794.99 | $0.00 | $561.60 | $100,681.56 |
246 | $100,681.56 | $794.99 | $0.00 | $569.27 | $102,045.82 |
247 | $102,045.82 | $794.99 | $0.00 | $576.98 | $103,417.79 |
248 | $103,417.79 | $794.99 | $0.00 | $584.74 | $104,797.52 |
249 | $104,797.52 | $794.99 | $0.00 | $592.54 | $106,185.05 |
250 | $106,185.05 | $794.99 | $0.00 | $600.39 | $107,580.43 |
251 | $107,580.43 | $794.99 | $0.00 | $608.28 | $108,983.70 |
252 | $108,983.70 | $794.99 | $0.00 | $616.21 | $110,394.90 |
253 | $110,394.90 | $0.00 | $111,016.76 | $624.19 | $2.33 |