Compare Analysis of Ascension with 1.56% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    Ascension
    $50,000
    48 Month
    1.56%
    1.92x (National Avg. - 0.81%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.56%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 781 546
    2 50,781 793 555
    3 51,573 805 564
    4 52,378 818 572
    5 53,196 830 581
    6 54,026 843 590
    7 54,870 857 600
    8 55,726 870 609
    9 56,596 883 618
    10 57,479 897 628
    11 58,377 911 638
    12 59,288 925 648
    13 60,213 940 658
    14 61,153 955 668
    15 62,108 970 679
    16 63,078 985 689
    17 64,062 1,000 700
    18 65,062 1,016 711
    19 66,078 1,031 722
    20 67,109 1,048 733
    TOTAL $18,157 $12,710