Compare Analysis of Texas Trust with 3.58% 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
    Texas Trust
    $50,000
    48 Month
    3.58%
    4.39x (National Avg. - 0.82%)
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.58%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,790 1,253
    2 51,790 1,854 1,298
    3 53,644 1,920 1,344
    4 55,565 1,989 1,392
    5 57,554 2,060 1,442
    6 59,614 2,134 1,494
    7 61,748 2,211 1,547
    8 63,959 2,290 1,603
    9 66,249 2,372 1,660
    10 68,620 2,457 1,720
    11 71,077 2,545 1,781
    12 73,622 2,636 1,845
    13 76,257 2,730 1,911
    14 78,987 2,828 1,979
    15 81,815 2,929 2,050
    16 84,744 3,034 2,124
    17 87,778 3,142 2,200
    18 90,920 3,255 2,278
    19 94,175 3,371 2,360
    20 97,547 3,492 2,445
    TOTAL $51,039 $35,727