Compare Analysis of Fairwinds with 1.99% 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
    Fairwinds
    $50,000
    24 Month
    1.99%
    3.02x (National Avg. - 0.66%)
    $1,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.99%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 995 697
    2 50,995 1,015 710
    3 52,010 1,035 724
    4 53,045 1,056 739
    5 54,100 1,077 754
    6 55,177 1,098 769
    7 56,275 1,120 784
    8 57,395 1,142 800
    9 58,537 1,165 815
    10 59,702 1,188 832
    11 60,890 1,212 848
    12 62,102 1,236 865
    13 63,338 1,260 882
    14 64,598 1,285 900
    15 65,883 1,311 918
    16 67,195 1,337 936
    17 68,532 1,364 955
    18 69,895 1,391 974
    19 71,286 1,419 993
    20 72,705 1,447 1,013
    TOTAL $24,152 $16,906