Compare Analysis of Massena Savings and Loan with 3.23% 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
    Massena Savings and Loan
    $50,000
    60 Month
    3.23%
    3.52x (National Avg. - 0.92%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.23%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,615 1,131
    2 51,615 1,667 1,167
    3 53,282 1,721 1,205
    4 55,003 1,777 1,244
    5 56,780 1,834 1,284
    6 58,614 1,893 1,325
    7 60,507 1,954 1,368
    8 62,461 2,018 1,412
    9 64,479 2,083 1,458
    10 66,562 2,150 1,505
    11 68,711 2,219 1,554
    12 70,931 2,291 1,604
    13 73,222 2,365 1,656
    14 75,587 2,441 1,709
    15 78,028 2,520 1,764
    16 80,549 2,602 1,821
    17 83,150 2,686 1,880
    18 85,836 2,773 1,941
    19 88,609 2,862 2,003
    20 91,471 2,955 2,068
    TOTAL $44,425 $31,098