$titleTerm = "Special " Compare Analysis of Johnson Bank with 4.97% APY.


Compare Analysis of Johnson Bank with 4.97% 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
    9 Month
    4.97%
    N.A.
    $5,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.97%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,485 1,740
    2 52,485 2,609 1,826
    3 55,094 2,738 1,917
    4 57,832 2,874 2,012
    5 60,706 3,017 2,112
    6 63,723 3,167 2,217
    7 66,890 3,324 2,327
    8 70,214 3,490 2,443
    9 73,704 3,663 2,564
    10 77,367 3,845 2,692
    11 81,212 4,036 2,825
    12 85,249 4,237 2,966
    13 89,485 4,447 3,113
    14 93,933 4,668 3,268
    15 98,601 4,900 3,430
    16 103,502 5,144 3,601
    17 108,646 5,400 3,780
    18 114,046 5,668 3,968
    19 119,714 5,950 4,165
    20 125,663 6,245 4,372
    TOTAL $81,909 $57,336