Compare Analysis of Bayer Heritage with 4.03% 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
    60 Month
    4.03%
    4.39x (National Avg. - 0.92%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    4.03%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,015 1,410
    2 52,015 2,096 1,467
    3 54,110 2,180 1,526
    4 56,290 2,268 1,588
    5 58,558 2,359 1,652
    6 60,918 2,454 1,718
    7 63,372 2,553 1,787
    8 65,925 2,656 1,859
    9 68,581 2,763 1,934
    10 71,344 2,874 2,012
    11 74,219 2,990 2,093
    12 77,209 3,111 2,178
    13 80,320 3,236 2,265
    14 83,556 3,366 2,357
    15 86,922 3,502 2,451
    16 90,425 3,643 2,550
    17 94,068 3,790 2,653
    18 97,858 3,943 2,760
    19 101,800 4,102 2,871
    20 105,902 4,267 2,987
    TOTAL $60,169 $42,118
  • 1