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This inverted level payment calculator is an integrated saving and borrowing calculator that focuses on what really matters to most people: how much they'll pay per month and how much money they'll have for college. Think of it as a layaway plan for college that starts several years before matriculation and continues for several years after graduation. In other words, the same monthly payment is used to build savings before college and to repay the debt after college. It yields a complete financial plan for college.

This calculator computes the total amount of money available for college costs based on a single flat monthly payment for both saving and borrowing, the number of years of savings before matriculation, the number of years in repayment on the loans, the interest rate on savings and the interest rate on debt.

See also the following related calculators:

• Inverted Level Payment Calculator (Percent of Income)
• Level Payment Calculator (Amount)
• Level Payment Calculator (Percent of Income)