Compare Analysis of Frost Bank with 4.08% 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$50,00012 Month4.08%7.40x (National Avg. - 0.55%)$1,000Bank-SCENARIO
Year Rate
4.08%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,040 1,428 2 52,040 2,123 1,486 3 54,163 2,210 1,547 4 56,373 2,300 1,610 5 58,673 2,394 1,676 6 61,067 2,492 1,744 7 63,559 2,593 1,815 8 66,152 2,699 1,889 9 68,851 2,809 1,966 10 71,660 2,924 2,047 11 74,584 3,043 2,130 12 77,627 3,167 2,217 13 80,794 3,296 2,307 14 84,090 3,431 2,402 15 87,521 3,571 2,500 16 91,092 3,717 2,602 17 94,808 3,868 2,708 18 98,677 4,026 2,818 19 102,703 4,190 2,933 20 106,893 4,361 3,053 TOTAL $61,254 $42,878