$titleTerm = "Special " Compare Analysis of One American Bank with 1.96% APY.


Compare Analysis of One American Bank with 1.96% 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
    $50,000
    13 Month
    1.96%
    N.A.
    $5,000
    Bank
    -
     
    SCENARIO
    Year Rate
    1.96%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 980 686
    2 50,980 999 699
    3 51,979 1,019 713
    4 52,998 1,039 727
    5 54,037 1,059 741
    6 55,096 1,080 756
    7 56,176 1,101 771
    8 57,277 1,123 786
    9 58,399 1,145 801
    10 59,544 1,167 817
    11 60,711 1,190 833
    12 61,901 1,213 849
    13 63,114 1,237 866
    14 64,351 1,261 883
    15 65,613 1,286 900
    16 66,899 1,311 918
    17 68,210 1,337 936
    18 69,547 1,363 954
    19 70,910 1,390 973
    20 72,300 1,417 992
    TOTAL $23,717 $16,602