Compare Analysis of Financial Builders with 4.56% 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."
- 1LOCAL CD$50,00013 Month4.56%N.A.$500Credit Union-SCENARIO
Year Rate
4.56%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,280 1,596 2 52,280 2,384 1,669 3 54,664 2,493 1,745 4 57,157 2,606 1,824 5 59,763 2,725 1,908 6 62,488 2,849 1,995 7 65,338 2,979 2,086 8 68,317 3,115 2,181 9 71,432 3,257 2,280 10 74,690 3,406 2,384 11 78,095 3,561 2,493 12 81,657 3,724 2,606 13 85,380 3,893 2,725 14 89,273 4,071 2,850 15 93,344 4,257 2,980 16 97,601 4,451 3,115 17 102,051 4,654 3,257 18 106,705 4,866 3,406 19 111,571 5,088 3,561 20 116,658 5,320 3,724 TOTAL $71,978 $50,385