Compare Analysis of Brio Direct, a division of Webster Bank with 4.71% 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.
- 1ONLINE MONEY MARKET$50,000N.A.4.71%20.84x (National Avg. - 0.23%)$500Online Bank-SCENARIO
Year Rate
4.71%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,355 1,649 2 52,355 2,466 1,726 3 54,821 2,582 1,807 4 57,403 2,704 1,893 5 60,107 2,831 1,982 6 62,938 2,964 2,075 7 65,902 3,104 2,173 8 69,006 3,250 2,275 9 72,256 3,403 2,382 10 75,659 3,564 2,494 11 79,223 3,731 2,612 12 82,954 3,907 2,735 13 86,862 4,091 2,864 14 90,953 4,284 2,999 15 95,237 4,486 3,140 16 99,722 4,697 3,288 17 104,419 4,918 3,443 18 109,337 5,150 3,605 19 114,487 5,392 3,775 20 119,880 5,646 3,952 TOTAL $75,526 $52,868