Compare Analysis of M.Y. SAFRA BANK, FSB with 5.16% 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
    ONLINE CD
    M.Y. SAFRA BANK, FSB
    $50,000
    6 Month
    5.16%
    12.93x (National Avg. - 0.40%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    5.16%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,580 1,806
    2 52,580 2,713 1,899
    3 55,293 2,853 1,997
    4 58,146 3,000 2,100
    5 61,147 3,155 2,209
    6 64,302 3,318 2,323
    7 67,620 3,489 2,442
    8 71,109 3,669 2,568
    9 74,778 3,859 2,701
    10 78,637 4,058 2,840
    11 82,694 4,267 2,987
    12 86,961 4,487 3,141
    13 91,449 4,719 3,303
    14 96,167 4,962 3,474
    15 101,130 5,218 3,653
    16 106,348 5,488 3,841
    17 111,835 5,771 4,039
    18 117,606 6,068 4,248
    19 123,675 6,382 4,467
    20 130,056 6,711 4,698
    TOTAL $86,767 $60,737