Compare Analysis of Midwest Heritage Bank, FSB with 5.07% 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."
- 1LOCAL CD$50,0008 Month5.07%N.A.$5,000Bank-SCENARIO
Year Rate
5.07%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,535 1,775 2 52,535 2,664 1,864 3 55,199 2,799 1,959 4 57,997 2,940 2,058 5 60,938 3,090 2,163 6 64,027 3,246 2,272 7 67,273 3,411 2,388 8 70,684 3,584 2,509 9 74,268 3,765 2,636 10 78,033 3,956 2,769 11 81,989 4,157 2,910 12 86,146 4,368 3,057 13 90,514 4,589 3,212 14 95,103 4,822 3,375 15 99,925 5,066 3,546 16 104,991 5,323 3,726 17 110,314 5,593 3,915 18 115,907 5,876 4,114 19 121,783 6,174 4,322 20 127,958 6,487 4,541 TOTAL $84,445 $59,111