$titleTerm = "Special " Compare Analysis of State Savings Bank with 5.36% APY.


Compare Analysis of State Savings Bank with 5.36% 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
    State Savings Bank
    $50,000
    22 Month
    5.36%
    N.A.
    $50,000
    Bank
    -
     
    SCENARIO
    Year Rate
    5.36%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,680 1,876
    2 52,680 2,824 1,977
    3 55,504 2,975 2,082
    4 58,479 3,134 2,194
    5 61,613 3,302 2,312
    6 64,916 3,479 2,436
    7 68,395 3,666 2,566
    8 72,061 3,862 2,704
    9 75,923 4,069 2,849
    10 79,993 4,288 3,001
    11 84,281 4,517 3,162
    12 88,798 4,760 3,332
    13 93,558 5,015 3,510
    14 98,572 5,283 3,698
    15 103,856 5,567 3,897
    16 109,422 5,865 4,106
    17 115,287 6,179 4,326
    18 121,467 6,511 4,557
    19 127,978 6,860 4,802
    20 134,837 7,227 5,059
    TOTAL $92,064 $64,445