Compare Analysis of Bayer Heritage with 3.87% 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
    Bayer Heritage
    $50,000
    48 Month
    3.87%
    4.75x (National Avg. - 0.82%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.87%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,937 1,356
    2 51,937 2,012 1,408
    3 53,948 2,089 1,463
    4 56,037 2,170 1,519
    5 58,208 2,254 1,578
    6 60,462 2,342 1,639
    7 62,804 2,432 1,703
    8 65,236 2,527 1,769
    9 67,763 2,624 1,837
    10 70,387 2,726 1,908
    11 73,113 2,832 1,982
    12 75,945 2,941 2,059
    13 78,886 3,055 2,139
    14 81,942 3,174 2,222
    15 85,115 3,297 2,308
    16 88,412 3,424 2,397
    17 91,836 3,557 2,490
    18 95,393 3,695 2,586
    19 99,087 3,838 2,686
    20 102,925 3,986 2,790
    TOTAL $56,911 $39,838