Compare Analysis of Fieldstone with 0.41% 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
    Fieldstone
    $50,000
    12 Month
    0.41%
    0.75x (National Avg. - 0.55%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.41%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 206 144
    2 50,206 206 144
    3 50,412 207 145
    4 50,619 208 146
    5 50,827 209 146
    6 51,036 210 147
    7 51,246 211 147
    8 51,456 211 148
    9 51,668 212 149
    10 51,880 213 149
    11 52,093 214 150
    12 52,308 215 150
    13 52,523 216 151
    14 52,738 217 152
    15 52,955 218 152
    16 53,173 219 153
    17 53,391 219 154
    18 53,611 220 154
    19 53,831 221 155
    20 54,052 222 156
    TOTAL $4,275 $2,992
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $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