Compare Analysis of Family Advantage with 0.21% 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 MONEY MARKET
    Family Advantage
    $50,000
    N.A.
    0.21%
    0.92x (National Avg. - 0.23%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.21%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 104 72
    2 50,104 104 73
    3 50,207 104 73
    4 50,311 104 73
    5 50,415 104 73
    6 50,520 105 73
    7 50,624 105 73
    8 50,729 105 74
    9 50,834 105 74
    10 50,939 105 74
    11 51,045 106 74
    12 51,150 106 74
    13 51,256 106 74
    14 51,362 106 74
    15 51,469 107 75
    16 51,575 107 75
    17 51,682 107 75
    18 51,789 107 75
    19 51,896 107 75
    20 52,004 108 75
    TOTAL $2,111 $1,478