Compare Analysis of Monesty, a division of American Commerce Bank of Georgia with 4.33% 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.
- 1ONLINE SAVINGS$50,000N.A.4.33%19.16x (National Avg. - 0.23%)$1,000Online Bank-SCENARIO
Year Rate
4.33%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,165 1,516 2 52,165 2,259 1,581 3 54,424 2,357 1,650 4 56,780 2,459 1,721 5 59,239 2,565 1,796 6 61,804 2,676 1,873 7 64,480 2,792 1,954 8 67,272 2,913 2,039 9 70,185 3,039 2,127 10 73,224 3,171 2,219 11 76,394 3,308 2,316 12 79,702 3,451 2,416 13 83,153 3,601 2,520 14 86,754 3,756 2,630 15 90,510 3,919 2,743 16 94,430 4,089 2,862 17 98,518 4,266 2,986 18 102,784 4,451 3,115 19 107,235 4,643 3,250 20 111,878 4,844 3,391 TOTAL $66,722 $46,706