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Site Search:       Thursday, February 3, 2011
Calculators


Calculators

Turn your dreams into reality. Use a calculator to figure out how to get where you're going financially. Whether you are wanting to know how much a loan payment will cost you each month or how much you should set aside for savings and investments to reach a future goal, our financial calculators are your resource.



These calculators are solely for informational purposes and provides reasonably accurate results; the calculations are not intended to be relied upon as actual borrowing/savings results computations. The use of these calculators is not a guarantee of credit.

Calculator: What Will It Take to Save for a College Education?



Plan today for your child's bright tomorrow. Use this calculator to anticipate education expenses and see how your savings plan will meet them. (As a guide, inflation in 2005 is expected to be about 3%.)

Then be sure to turn to the credit union for savings plans and student loans for all your family's scholars.

What Will It Take to Save for a College Education?
Annual tuition and expenses
(today's dollars)		 $
Years of college
�
Years until college
�
College savings so far
�		 $
Amount you can save monthly
�		 $
Estimated rate of return on investments
�
Estimated inflation rate
�
Federal tax rate
�
State tax rate
�
First year cost $
Total cost of education $
Your savings plan will save $
This calculator is solely for informational purposes and provides reasonably accurate results; the calculations are not intended to be relied upon as actual savings results computations.

Published March 3, 2000

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Calculator: What Will It Take to Save for a College Education?

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