$titleTerm = "Special " Compare Analysis of SSB Bank with 4.93% APY.


Compare Analysis of SSB Bank with 4.93% 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
    SSB Bank
    $50,000
    7 Month
    4.93%
    N.A.
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.93%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,465 1,726
    2 52,465 2,587 1,811
    3 55,052 2,714 1,900
    4 57,766 2,848 1,993
    5 60,613 2,988 2,092
    6 63,602 3,136 2,195
    7 66,737 3,290 2,303
    8 70,027 3,452 2,417
    9 73,480 3,623 2,536
    10 77,102 3,801 2,661
    11 80,903 3,989 2,792
    12 84,892 4,185 2,930
    13 89,077 4,392 3,074
    14 93,469 4,608 3,226
    15 98,077 4,835 3,385
    16 102,912 5,074 3,551
    17 107,985 5,324 3,727
    18 113,309 5,586 3,910
    19 118,895 5,862 4,103
    20 124,757 6,151 4,305
    TOTAL $80,907 $56,635