Compare Analysis of Ferguson with 1.40% 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
    Ferguson
    $50,000
    48 Month
    1.40%
    1.72x (National Avg. - 0.81%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.40%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 699 489
    2 50,699 709 496
    3 51,408 719 503
    4 52,126 729 510
    5 52,855 739 517
    6 53,594 749 524
    7 54,343 760 532
    8 55,103 770 539
    9 55,873 781 547
    10 56,655 792 554
    11 57,447 803 562
    12 58,250 814 570
    13 59,064 826 578
    14 59,890 837 586
    15 60,727 849 594
    16 61,576 861 603
    17 62,437 873 611
    18 63,310 885 620
    19 64,195 897 628
    20 65,092 910 637
    TOTAL $16,002 $11,201