Compare Analysis of Dexsta with 5.64% 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
    Dexsta
    $50,000
    24 Month
    5.64%
    8.55x (National Avg. - 0.66%)
    $1,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    5.64%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,820 1,974
    2 52,820 2,979 2,085
    3 55,799 3,147 2,203
    4 58,946 3,325 2,327
    5 62,271 3,512 2,458
    6 65,783 3,710 2,597
    7 69,493 3,919 2,744
    8 73,412 4,140 2,898
    9 77,553 4,374 3,062
    10 81,927 4,621 3,234
    11 86,547 4,881 3,417
    12 91,429 5,157 3,610
    13 96,585 5,447 3,813
    14 102,033 5,755 4,028
    15 107,787 6,079 4,255
    16 113,866 6,422 4,495
    17 120,289 6,784 4,749
    18 127,073 7,167 5,017
    19 134,240 7,571 5,300
    20 141,811 7,998 5,599
    TOTAL $99,809 $69,866
  • 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