Compare Analysis of Truliant with 2.44% 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
    $50,000
    18 Month
    2.44%
    4.21x (National Avg. - 0.58%)
    $250
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.44%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,220 854
    2 51,220 1,250 875
    3 52,470 1,280 896
    4 53,750 1,312 918
    5 55,062 1,344 940
    6 56,405 1,376 963
    7 57,781 1,410 987
    8 59,191 1,444 1,011
    9 60,635 1,480 1,036
    10 62,115 1,516 1,061
    11 63,631 1,553 1,087
    12 65,183 1,590 1,113
    13 66,774 1,629 1,140
    14 68,403 1,669 1,168
    15 70,072 1,710 1,197
    16 71,782 1,751 1,226
    17 73,533 1,794 1,256
    18 75,327 1,838 1,287
    19 77,165 1,883 1,318
    20 79,048 1,929 1,350
    TOTAL $30,977 $21,684