Compare Analysis of N. J. Latvian with 1.26% 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$50,00012 Month1.26%2.28x (National Avg. - 0.55%)$10,000Credit Union-SCENARIO
Year Rate
1.26%Annual
InterestAnnual Interest
(After Tax)1 50,000 629 440 2 50,629 636 445 3 51,265 644 451 4 51,909 652 457 5 52,562 661 462 6 53,223 669 468 7 53,892 677 474 8 54,569 686 480 9 55,255 695 486 10 55,949 703 492 11 56,653 712 498 12 57,365 721 505 13 58,086 730 511 14 58,816 739 518 15 59,555 749 524 16 60,304 758 531 17 61,062 768 537 18 61,830 777 544 19 62,607 787 551 20 63,394 797 558 TOTAL $14,191 $9,933