Compare Analysis of Ent with 4.44% 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."
- 1LOCAL CD$50,0004 Month4.44%N.A.$500Credit Union-SCENARIO
Year Rate
4.44%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,220 1,554 2 52,220 2,319 1,623 3 54,539 2,422 1,695 4 56,960 2,529 1,770 5 59,489 2,641 1,849 6 62,130 2,759 1,931 7 64,889 2,881 2,017 8 67,770 3,009 2,106 9 70,779 3,143 2,200 10 73,922 3,282 2,297 11 77,204 3,428 2,399 12 80,632 3,580 2,506 13 84,212 3,739 2,617 14 87,951 3,905 2,734 15 91,856 4,078 2,855 16 95,934 4,259 2,982 17 100,194 4,449 3,114 18 104,642 4,646 3,252 19 109,288 4,852 3,397 20 114,141 5,068 3,547 TOTAL $69,209 $48,446 - 2ONLINE SAVINGS$50,000N.A.4.00%17.70x (National Avg. - 0.23%)$1,000Bank-SCENARIO
Year Rate
4.00%Annual
InterestAnnual 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