Compare Analysis of Bayer Heritage with 4.13% APY and First Foundation Bank with 3.75% 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
    Bayer Heritage
    $50,000
    18 Month
    4.13%
    7.15x (National Avg. - 0.58%)
    $100,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    4.13%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,067 1,447
    2 52,067 2,152 1,506
    3 54,218 2,241 1,569
    4 56,459 2,333 1,633
    5 58,793 2,430 1,701
    6 61,223 2,530 1,771
    7 63,753 2,635 1,844
    8 66,388 2,744 1,921
    9 69,132 2,857 2,000
    10 71,989 2,975 2,083
    11 74,964 3,098 2,169
    12 78,062 3,226 2,258
    13 81,289 3,360 2,352
    14 84,648 3,499 2,449
    15 88,147 3,643 2,550
    16 91,790 3,794 2,656
    17 95,584 3,950 2,765
    18 99,534 4,114 2,880
    19 103,648 4,284 2,999
    20 107,932 4,461 3,123
    TOTAL $62,393 $43,675
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    3.75%
    16.74x (National Avg. - 0.22%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    3.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,875 1,313
    2 51,875 1,945 1,362
    3 53,820 2,018 1,413
    4 55,839 2,094 1,466
    5 57,933 2,172 1,521
    6 60,105 2,254 1,578
    7 62,359 2,338 1,637
    8 64,697 2,426 1,698
    9 67,124 2,517 1,762
    10 69,641 2,612 1,828
    11 72,252 2,709 1,897
    12 74,962 2,811 1,968
    13 77,773 2,916 2,042
    14 80,689 3,026 2,118
    15 83,715 3,139 2,198
    16 86,854 3,257 2,280
    17 90,111 3,379 2,365
    18 93,491 3,506 2,454
    19 96,996 3,637 2,546
    20 100,634 3,774 2,642
    TOTAL $54,408 $38,085