Compare Analysis of Financial Builders with 2.24% 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
    Financial Builders
    $50,000
    48 Month
    2.24%
    2.75x (National Avg. - 0.82%)
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.24%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,120 784
    2 51,120 1,145 802
    3 52,265 1,171 820
    4 53,436 1,197 838
    5 54,633 1,224 857
    6 55,857 1,251 876
    7 57,108 1,279 895
    8 58,387 1,308 916
    9 59,695 1,337 936
    10 61,032 1,367 957
    11 62,399 1,398 978
    12 63,797 1,429 1,000
    13 65,226 1,461 1,023
    14 66,687 1,494 1,046
    15 68,181 1,527 1,069
    16 69,708 1,561 1,093
    17 71,269 1,596 1,118
    18 72,866 1,632 1,143
    19 74,498 1,669 1,168
    20 76,167 1,706 1,194
    TOTAL $27,873 $19,511