Compare Analysis of Fowler State Bank with 0.70% 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
    Fowler State Bank
    $50,000
    48 Month
    0.70%
    0.87x (National Avg. - 0.81%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    0.70%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 352 246
    2 50,352 354 248
    3 50,705 356 250
    4 51,062 359 251
    5 51,421 361 253
    6 51,782 364 255
    7 52,146 367 257
    8 52,513 369 258
    9 52,882 372 260
    10 53,254 374 262
    11 53,628 377 264
    12 54,005 380 266
    13 54,385 382 268
    14 54,767 385 270
    15 55,152 388 271
    16 55,540 390 273
    17 55,930 393 275
    18 56,324 396 277
    19 56,720 399 279
    20 57,118 402 281
    TOTAL $7,520 $5,264