Compare Analysis of Dexsta with 5.90% 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
    36 Month
    5.90%
    7.84x (National Avg. - 0.75%)
    $1,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    5.90%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,950 2,065
    2 52,950 3,124 2,187
    3 56,074 3,308 2,316
    4 59,382 3,504 2,452
    5 62,886 3,710 2,597
    6 66,596 3,929 2,750
    7 70,525 4,161 2,913
    8 74,686 4,406 3,085
    9 79,093 4,666 3,267
    10 83,759 4,942 3,459
    11 88,701 5,233 3,663
    12 93,935 5,542 3,879
    13 99,477 5,869 4,108
    14 105,346 6,215 4,351
    15 111,561 6,582 4,607
    16 118,143 6,970 4,879
    17 125,114 7,382 5,167
    18 132,496 7,817 5,472
    19 140,313 8,278 5,795
    20 148,591 8,767 6,137
    TOTAL $107,358 $75,151
  • 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