Compare Analysis of Amboy Direct with 5.28% 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
    ONLINE CD
    Amboy Direct
    $50,000
    24 Month
    5.28%
    8.06x (National Avg. - 0.66%)
    $25,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    5.28%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,640 1,848
    2 52,640 2,779 1,946
    3 55,419 2,926 2,048
    4 58,346 3,081 2,156
    5 61,426 3,243 2,270
    6 64,669 3,415 2,390
    7 68,084 3,595 2,516
    8 71,679 3,785 2,649
    9 75,464 3,984 2,789
    10 79,448 4,195 2,936
    11 83,643 4,416 3,091
    12 88,059 4,650 3,255
    13 92,709 4,895 3,427
    14 97,604 5,153 3,607
    15 102,757 5,426 3,798
    16 108,183 5,712 3,998
    17 113,895 6,014 4,210
    18 119,908 6,331 4,432
    19 126,240 6,665 4,666
    20 132,905 7,017 4,912
    TOTAL $89,922 $62,946