Indiana College Costs Estimator

Savings Compounding Calculator

Saving for college is important, and the earlier you start, the better!  Use this calculator to help estimate the future value of your savings by entering the initial deposit, monthly deposit, interest rate and number of years you plan to save.  The tool then calculates a future value of savings by compounding the interest over the period of time you plan to save.

Try entering different numbers to see how the future value changes!

Initial Deposit $
Monthly Deposit $
Interest Rate % per year
Future Value* $

Enter an initial deposit and/or monthly deposits to calculate the future savings value.
*Based on Monthly Compounding.