Compare Analysis of Community Commerce Bank with 4.49% 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
    Community Commerce Bank
    $50,000
    18 Month
    4.49%
    7.74x (National Avg. - 0.58%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.49%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,245 1,572
    2 52,245 2,346 1,642
    3 54,591 2,451 1,716
    4 57,042 2,561 1,793
    5 59,603 2,676 1,873
    6 62,279 2,796 1,957
    7 65,076 2,922 2,045
    8 67,998 3,053 2,137
    9 71,051 3,190 2,233
    10 74,241 3,333 2,333
    11 77,574 3,483 2,438
    12 81,057 3,639 2,548
    13 84,697 3,803 2,662
    14 88,500 3,974 2,782
    15 92,473 4,152 2,906
    16 96,625 4,338 3,037
    17 100,964 4,533 3,173
    18 105,497 4,737 3,316
    19 110,234 4,950 3,465
    20 115,183 5,172 3,620
    TOTAL $70,355 $49,249