Compare Analysis of Bayer Heritage with 3.82% APY and First Foundation Bank with 4.00% 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
    48 Month
    3.82%
    4.67x (National Avg. - 0.82%)
    $100
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.82%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,911 1,337
    2 51,911 1,984 1,388
    3 53,894 2,059 1,442
    4 55,953 2,138 1,497
    5 58,091 2,220 1,554
    6 60,311 2,304 1,613
    7 62,615 2,393 1,675
    8 65,008 2,484 1,739
    9 67,492 2,579 1,805
    10 70,071 2,677 1,874
    11 72,748 2,780 1,946
    12 75,528 2,886 2,020
    13 78,414 2,996 2,097
    14 81,410 3,111 2,177
    15 84,521 3,230 2,261
    16 87,750 3,353 2,347
    17 91,103 3,481 2,437
    18 94,584 3,614 2,530
    19 98,198 3,752 2,627
    20 101,950 3,896 2,727
    TOTAL $55,846 $39,092
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    4.00%
    7.13x (National Avg. - 0.56%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    4.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689