Compare Analysis of First Internet Bank of Indiana with 4.82% 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.
- 1ONLINE CD$50,00024 Month4.82%5.08x (National Avg. - 0.95%)$1,000Bank-SCENARIO
Year Rate
4.82%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,410 1,687 2 52,410 2,526 1,768 3 54,936 2,648 1,854 4 57,584 2,776 1,943 5 60,360 2,909 2,037 6 63,269 3,050 2,135 7 66,319 3,197 2,238 8 69,515 3,351 2,345 9 72,866 3,512 2,458 10 76,378 3,681 2,577 11 80,059 3,859 2,701 12 83,918 4,045 2,831 13 87,963 4,240 2,968 14 92,203 4,444 3,111 15 96,647 4,658 3,261 16 101,305 4,883 3,418 17 106,188 5,118 3,583 18 111,307 5,365 3,755 19 116,672 5,624 3,936 20 122,295 5,895 4,126 TOTAL $78,190 $54,733