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."

  • 1
    LOCAL CD
    $50,000
    48 Month
    3.08%
    3.77x (National Avg. - 0.82%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.08%
    Annual
    Interest
    Annual 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