Compare Analysis of Big Horn Federal Savings Bank with 3.48% 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
    Big Horn Federal Savings Bank
    $50,000
    24 Month
    3.48%
    5.28x (National Avg. - 0.66%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    3.48%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,742 1,219
    2 51,742 1,803 1,262
    3 53,545 1,865 1,306
    4 55,410 1,930 1,351
    5 57,341 1,998 1,398
    6 59,338 2,067 1,447
    7 61,406 2,139 1,498
    8 63,545 2,214 1,550
    9 65,759 2,291 1,604
    10 68,050 2,371 1,660
    11 70,421 2,453 1,717
    12 72,874 2,539 1,777
    13 75,413 2,627 1,839
    14 78,041 2,719 1,903
    15 80,760 2,814 1,970
    16 83,573 2,912 2,038
    17 86,485 3,013 2,109
    18 89,498 3,118 2,183
    19 92,616 3,227 2,259
    20 95,843 3,339 2,337
    TOTAL $49,182 $34,428
  • 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