Compare Analysis of Mccoy with 2.48% 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
    Mccoy
    $50,000
    36 Month
    2.48%
    3.29x (National Avg. - 0.75%)
    $5,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.48%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,239 867
    2 51,239 1,270 889
    3 52,509 1,301 911
    4 53,810 1,333 933
    5 55,143 1,366 957
    6 56,510 1,400 980
    7 57,910 1,435 1,005
    8 59,345 1,471 1,029
    9 60,816 1,507 1,055
    10 62,323 1,544 1,081
    11 63,867 1,583 1,108
    12 65,450 1,622 1,135
    13 67,071 1,662 1,163
    14 68,733 1,703 1,192
    15 70,437 1,745 1,222
    16 72,182 1,789 1,252
    17 73,971 1,833 1,283
    18 75,804 1,878 1,315
    19 77,682 1,925 1,347
    20 79,607 1,973 1,381
    TOTAL $31,580 $22,106