fincalculator
College Cost Calculator
Use this free College Cost Calculator to estimate the future price of higher education. Simple, accurate, and easy to use for parents.
Initial amount of money you represent.
Amount you add to your investment regularly.
How often you make contributions.
Expected annual rate of return.
Number of years you plan to invest.
How often interest is added to your balance.
Fincalculator
INPUT VALUES
Formula & Calculation Method
Formula Used
Variable Explanation
- FV: Future Value
- P: Initial Principal
- c: Monthly Contribution
- r: Monthly Interest Rate
- n: Total Number of Months
Step-by-Step Calculation
- 1. Calculate the growth of the initial principal using compound interest.
- 2. Calculate the future value of the series of monthly contributions.
- 3. Sum both values to find the total Future Value.
- 4. Subtract the total principal invested to find the Total Interest Earned.
Interpretation Notes
This assumes interest is compounded monthly and contributions are made at the end of each month. Actual returns will vary with market performance.
About the College Cost Calculator
The College Cost Calculator is designed to help you make quick, accurate financial decisions. Whether you are planning for the future or managing current expenses, this free tool provides the clarity you need.
Use this free College Cost Calculator to estimate the future price of higher education. Simple, accurate, and easy to use for parents.
Key Features
Instant Accuracy
Get precise results immediately without complex manual calculations.
100% Free
No hidden fees, subscriptions, or login required.
Secure & Private
Your data stays in your browser and is never stored on our servers.
Frequently Asked Questions
Is this calculator free to use?â–¼
Yes, this tool is completely free and available 24/7 for all your financial planning needs.
Do I need to install any software?â–¼
No. The calculator runs entirely in your web browser, compatible with desktop and mobile devices.
How accurate are the results?â–¼
We use standard industry formulas for all calculations to ensure high accuracy. However, results should be used for estimation and planning purposes.