Compare Analysis of TotalDirect, a division of City National Bank of Florida with 5.45% 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
    $50,000
    6 Month
    5.45%
    13.73x (National Avg. - 0.40%)
    $25,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    5.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,725 1,908
    2 52,725 2,874 2,011
    3 55,599 3,030 2,121
    4 58,629 3,195 2,237
    5 61,824 3,369 2,359
    6 65,193 3,553 2,487
    7 68,746 3,747 2,623
    8 72,493 3,951 2,766
    9 76,444 4,166 2,916
    10 80,610 4,393 3,075
    11 85,003 4,633 3,243
    12 89,636 4,885 3,420
    13 94,521 5,151 3,606
    14 99,673 5,432 3,803
    15 105,105 5,728 4,010
    16 110,833 6,040 4,228
    17 116,873 6,370 4,459
    18 123,243 6,717 4,702
    19 129,960 7,083 4,958
    20 137,042 7,469 5,228
    TOTAL $94,511 $66,158