Compare Analysis of Bank of Hope with 3.91% 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
    Bank of Hope
    $50,000
    6 Month
    3.91%
    9.59x (National Avg. - 0.41%)
    $250,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.91%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,956 1,369
    2 51,956 2,033 1,423
    3 53,989 2,112 1,478
    4 56,101 2,195 1,536
    5 58,295 2,281 1,596
    6 60,576 2,370 1,659
    7 62,945 2,462 1,724
    8 65,408 2,559 1,791
    9 67,967 2,659 1,861
    10 70,625 2,763 1,934
    11 73,388 2,871 2,010
    12 76,259 2,983 2,088
    13 79,243 3,100 2,170
    14 82,343 3,221 2,255
    15 85,564 3,347 2,343
    16 88,911 3,478 2,435
    17 92,389 3,614 2,530
    18 96,003 3,756 2,629
    19 99,759 3,903 2,732
    20 103,662 4,055 2,839
    TOTAL $57,717 $40,402