Compare Analysis of Hingham Savings with 3.54% 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
    ONLINE CD
    Hingham Savings
    $50,000
    13 Month
    3.54%
    N.A.
    $1,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    3.54%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,770 1,239
    2 51,770 1,833 1,283
    3 53,603 1,898 1,328
    4 55,500 1,965 1,375
    5 57,465 2,034 1,424
    6 59,499 2,106 1,474
    7 61,605 2,181 1,527
    8 63,786 2,258 1,581
    9 66,044 2,338 1,637
    10 68,382 2,421 1,695
    11 70,803 2,506 1,754
    12 73,309 2,595 1,817
    13 75,905 2,687 1,881
    14 78,592 2,782 1,947
    15 81,374 2,881 2,016
    16 84,254 2,983 2,088
    17 87,237 3,088 2,162
    18 90,325 3,198 2,238
    19 93,523 3,311 2,317
    20 96,833 3,428 2,400
    TOTAL $50,261 $35,183