Compare Analysis of Truliant with 2.64% 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
    36 Month
    2.64%
    3.50x (National Avg. - 0.75%)
    $250
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.64%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,320 924
    2 51,320 1,355 948
    3 52,675 1,391 973
    4 54,065 1,427 999
    5 55,493 1,465 1,026
    6 56,958 1,504 1,053
    7 58,461 1,543 1,080
    8 60,005 1,584 1,109
    9 61,589 1,626 1,138
    10 63,215 1,669 1,168
    11 64,884 1,713 1,199
    12 66,597 1,758 1,231
    13 68,355 1,805 1,263
    14 70,159 1,852 1,297
    15 72,012 1,901 1,331
    16 73,913 1,951 1,366
    17 75,864 2,003 1,402
    18 77,867 2,056 1,439
    19 79,923 2,110 1,477
    20 82,033 2,166 1,516
    TOTAL $34,198 $23,939