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
    36 Month
    1.99%
    2.64x (National Avg. - 0.75%)
    $1,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.99%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 993 695
    2 50,993 1,012 709
    3 52,005 1,032 723
    4 53,037 1,053 737
    5 54,090 1,074 752
    6 55,163 1,095 766
    7 56,258 1,117 782
    8 57,375 1,139 797
    9 58,514 1,162 813
    10 59,676 1,185 829
    11 60,860 1,208 846
    12 62,068 1,232 862
    13 63,300 1,257 880
    14 64,557 1,281 897
    15 65,838 1,307 915
    16 67,145 1,333 933
    17 68,478 1,359 952
    18 69,837 1,386 970
    19 71,224 1,414 990
    20 72,637 1,442 1,009
    TOTAL $24,079 $16,855