Compare Analysis of Neches with 9.57% 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 MONEY MARKET
    Neches
    $50,000
    N.A.
    9.57%
    20.19x (National Avg. - 0.47%)
    $0
    Credit Union
    -
     
    SCENARIO
    Year Rate
    9.57%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 4,785 3,350
    2 54,785 5,243 3,670
    3 60,028 5,745 4,021
    4 65,773 6,294 4,406
    5 72,067 6,897 4,828
    6 78,964 7,557 5,290
    7 86,521 8,280 5,796
    8 94,801 9,072 6,351
    9 103,873 9,941 6,958
    10 113,814 10,892 7,624
    11 124,706 11,934 8,354
    12 136,640 13,076 9,154
    13 149,717 14,328 10,030
    14 164,044 15,699 10,989
    15 179,744 17,201 12,041
    16 196,945 18,848 13,193
    17 215,793 20,651 14,456
    18 236,444 22,628 15,839
    19 259,072 24,793 17,355
    20 283,865 27,166 19,016
    TOTAL $261,031 $182,721