Compare Analysis of Mccoy with 3.09% 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
    60 Month
    3.09%
    3.37x (National Avg. - 0.92%)
    $50,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.09%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,547 1,083
    2 51,547 1,594 1,116
    3 53,141 1,644 1,151
    4 54,784 1,694 1,186
    5 56,479 1,747 1,223
    6 58,226 1,801 1,261
    7 60,027 1,857 1,300
    8 61,883 1,914 1,340
    9 63,797 1,973 1,381
    10 65,771 2,034 1,424
    11 67,805 2,097 1,468
    12 69,902 2,162 1,513
    13 72,064 2,229 1,560
    14 74,293 2,298 1,609
    15 76,591 2,369 1,658
    16 78,960 2,442 1,710
    17 81,402 2,518 1,762
    18 83,920 2,596 1,817
    19 86,516 2,676 1,873
    20 89,192 2,759 1,931
    TOTAL $41,950 $29,365