Compare Analysis of Horizon with 1.21% 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$50,00060 Month1.21%1.32x (National Avg. - 0.92%)$100,000Credit Union-SCENARIO
Year Rate
1.21%Annual
InterestAnnual Interest
(After Tax)1 50,000 603 422 2 50,603 610 427 3 51,212 617 432 4 51,829 625 437 5 52,454 632 442 6 53,086 640 448 7 53,726 647 453 8 54,373 655 459 9 55,028 663 464 10 55,691 671 470 11 56,362 679 475 12 57,042 687 481 13 57,729 696 487 14 58,425 704 493 15 59,129 712 499 16 59,841 721 505 17 60,562 730 511 18 61,292 739 517 19 62,031 747 523 20 62,778 756 530 TOTAL $13,534 $9,474