Compare Analysis of Bayer Heritage with 4.19% 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
    $50,000
    12 Month
    4.19%
    7.58x (National Avg. - 0.55%)
    $250,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    4.19%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,093 1,465
    2 52,093 2,180 1,526
    3 54,273 2,271 1,590
    4 56,544 2,366 1,656
    5 58,910 2,465 1,726
    6 61,376 2,569 1,798
    7 63,944 2,676 1,873
    8 66,620 2,788 1,952
    9 69,408 2,905 2,033
    10 72,313 3,026 2,118
    11 75,339 3,153 2,207
    12 78,492 3,285 2,299
    13 81,777 3,422 2,396
    14 85,200 3,566 2,496
    15 88,765 3,715 2,600
    16 92,480 3,870 2,709
    17 96,350 4,032 2,823
    18 100,383 4,201 2,941
    19 104,584 4,377 3,064
    20 108,960 4,560 3,192
    TOTAL $63,520 $44,464