Compare Analysis of Kentland Bank with 1.22% 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
    Kentland Bank
    $50,000
    60 Month
    1.22%
    1.33x (National Avg. - 0.92%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.22%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 610 427
    2 50,610 617 432
    3 51,227 625 437
    4 51,852 633 443
    5 52,485 640 448
    6 53,125 648 454
    7 53,773 656 459
    8 54,429 664 465
    9 55,094 672 470
    10 55,766 680 476
    11 56,446 689 482
    12 57,135 697 488
    13 57,832 706 494
    14 58,537 714 500
    15 59,251 723 506
    16 59,974 732 512
    17 60,706 741 518
    18 61,447 750 525
    19 62,196 759 531
    20 62,955 768 538
    TOTAL $13,723 $9,606