Compare Analysis of The National Grand Bank of Marblehead with 4.13% 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
    The National Grand Bank of Marblehead
    $50,000
    6 Month
    4.13%
    10.16x (National Avg. - 0.41%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.13%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,063 1,444
    2 52,063 2,148 1,503
    3 54,210 2,236 1,565
    4 56,446 2,328 1,630
    5 58,775 2,424 1,697
    6 61,199 2,524 1,767
    7 63,724 2,629 1,840
    8 66,352 2,737 1,916
    9 69,089 2,850 1,995
    10 71,939 2,967 2,077
    11 74,907 3,090 2,163
    12 77,997 3,217 2,252
    13 81,214 3,350 2,345
    14 84,564 3,488 2,442
    15 88,052 3,632 2,543
    16 91,684 3,782 2,647
    17 95,466 3,938 2,757
    18 99,404 4,100 2,870
    19 103,505 4,270 2,989
    20 107,774 4,446 3,112
    TOTAL $62,220 $43,554