Compare Analysis of M.Y. SAFRA BANK, FSB with 5.16% 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.
- 1ONLINE CD$50,0006 Month5.16%7.52x (National Avg. - 0.69%)$500Bank-SCENARIO
Year Rate
5.16%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,580 1,806 2 52,580 2,713 1,899 3 55,293 2,853 1,997 4 58,146 3,000 2,100 5 61,147 3,155 2,209 6 64,302 3,318 2,323 7 67,620 3,489 2,442 8 71,109 3,669 2,568 9 74,778 3,859 2,701 10 78,637 4,058 2,840 11 82,694 4,267 2,987 12 86,961 4,487 3,141 13 91,449 4,719 3,303 14 96,167 4,962 3,474 15 101,130 5,218 3,653 16 106,348 5,488 3,841 17 111,835 5,771 4,039 18 117,606 6,068 4,248 19 123,675 6,382 4,467 20 130,056 6,711 4,698 TOTAL $86,767 $60,737