Compare Analysis of Listerhill with 4.72% APY and First Foundation Bank with 3.75% 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$50,00012 Month4.72%8.63x (National Avg. - 0.55%)$500Credit Union-SCENARIO
Year Rate
4.72%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,360 1,652 2 52,360 2,471 1,730 3 54,831 2,588 1,812 4 57,419 2,710 1,897 5 60,130 2,838 1,987 6 62,968 2,972 2,080 7 65,940 3,112 2,179 8 69,052 3,259 2,281 9 72,311 3,413 2,389 10 75,725 3,574 2,502 11 79,299 3,743 2,620 12 83,042 3,920 2,744 13 86,961 4,105 2,873 14 91,066 4,298 3,009 15 95,364 4,501 3,151 16 99,865 4,714 3,300 17 104,579 4,936 3,455 18 109,515 5,169 3,618 19 114,684 5,413 3,789 20 120,097 5,669 3,968 TOTAL $75,766 $53,036 - 2ONLINE SAVINGS$50,000N.A.3.75%7.93x (National Avg. - 0.47%)$1,000Bank-SCENARIO
Year Rate
3.75%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,875 1,313 2 51,875 1,945 1,362 3 53,820 2,018 1,413 4 55,839 2,094 1,466 5 57,933 2,172 1,521 6 60,105 2,254 1,578 7 62,359 2,338 1,637 8 64,697 2,426 1,698 9 67,124 2,517 1,762 10 69,641 2,612 1,828 11 72,252 2,709 1,897 12 74,962 2,811 1,968 13 77,773 2,916 2,042 14 80,689 3,026 2,118 15 83,715 3,139 2,198 16 86,854 3,257 2,280 17 90,111 3,379 2,365 18 93,491 3,506 2,454 19 96,996 3,637 2,546 20 100,634 3,774 2,642 TOTAL $54,408 $38,085