Compare Analysis of The Home National Bank of Thorntown with 1.16% 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.
- 1LOCAL CD$50,00060 Month1.16%1.27x (National Avg. - 0.92%)$100,000Bank-SCENARIO
Year Rate
1.16%Annual
InterestAnnual Interest
(After Tax)1 50,000 580 406 2 50,580 587 411 3 51,167 594 415 4 51,760 600 420 5 52,361 607 425 6 52,968 614 430 7 53,582 622 435 8 54,204 629 440 9 54,833 636 445 10 55,469 643 450 11 56,112 651 456 12 56,763 658 461 13 57,422 666 466 14 58,088 674 472 15 58,762 682 477 16 59,443 690 483 17 60,133 698 488 18 60,830 706 494 19 61,536 714 500 20 62,250 722 505 TOTAL $12,972 $9,080