Compare Analysis of Charles Schwab Bank, SSB 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.
- 1ONLINE CD$50,0006 Month4.19%10.35x (National Avg. - 0.41%)$1,000Bank-SCENARIO
Year Rate
4.19%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,095 1,467 2 52,095 2,183 1,528 3 54,278 2,274 1,592 4 56,552 2,370 1,659 5 58,922 2,469 1,728 6 61,390 2,572 1,801 7 63,963 2,680 1,876 8 66,643 2,792 1,955 9 69,435 2,909 2,037 10 72,344 3,031 2,122 11 75,376 3,158 2,211 12 78,534 3,291 2,303 13 81,824 3,428 2,400 14 85,253 3,572 2,500 15 88,825 3,722 2,605 16 92,547 3,878 2,714 17 96,424 4,040 2,828 18 100,465 4,209 2,947 19 104,674 4,386 3,070 20 109,060 4,570 3,199 TOTAL $63,629 $44,541
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