Compare Analysis of Massena Savings and Loan with 3.08% 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$50,00048 Month3.08%3.77x (National Avg. - 0.82%)$1,000Bank-SCENARIO
Year Rate
3.08%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,540 1,078 2 51,540 1,587 1,111 3 53,127 1,636 1,145 4 54,764 1,687 1,181 5 56,450 1,739 1,217 6 58,189 1,792 1,255 7 59,981 1,847 1,293 8 61,829 1,904 1,333 9 63,733 1,963 1,374 10 65,696 2,023 1,416 11 67,720 2,086 1,460 12 69,805 2,150 1,505 13 71,955 2,216 1,551 14 74,172 2,284 1,599 15 76,456 2,355 1,648 16 78,811 2,427 1,699 17 81,238 2,502 1,751 18 83,740 2,579 1,805 19 86,320 2,659 1,861 20 88,978 2,741 1,918 TOTAL $41,719 $29,203
- 1