$titleTerm = "Special " Compare Analysis of First Federal Savings and Loan Association of Lakewood with 4.84% APY.


Compare Analysis of First Federal Savings and Loan Association of Lakewood with 4.84% 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
    $50,000
    13 Month
    4.84%
    N.A.
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    4.84%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,420 1,694
    2 52,420 2,537 1,776
    3 54,957 2,660 1,862
    4 57,617 2,789 1,952
    5 60,406 2,924 2,047
    6 63,329 3,065 2,146
    7 66,394 3,213 2,249
    8 69,608 3,369 2,358
    9 72,977 3,532 2,472
    10 76,509 3,703 2,592
    11 80,212 3,882 2,718
    12 84,094 4,070 2,849
    13 88,165 4,267 2,987
    14 92,432 4,474 3,132
    15 96,905 4,690 3,283
    16 101,596 4,917 3,442
    17 106,513 5,155 3,609
    18 111,668 5,405 3,783
    19 117,073 5,666 3,966
    20 122,739 5,941 4,158
    TOTAL $78,680 $55,076