Compare Analysis of Municipal with 3.82% 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."

  • 1
    LOCAL CD
    Municipal
    $50,000
    12 Month
    3.82%
    6.97x (National Avg. - 0.55%)
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.82%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,908 1,335
    2 51,908 1,980 1,386
    3 53,888 2,056 1,439
    4 55,944 2,134 1,494
    5 58,078 2,216 1,551
    6 60,294 2,300 1,610
    7 62,594 2,388 1,672
    8 64,982 2,479 1,735
    9 67,461 2,574 1,802
    10 70,034 2,672 1,870
    11 72,706 2,774 1,942
    12 75,480 2,880 2,016
    13 78,359 2,989 2,093
    14 81,349 3,103 2,172
    15 84,452 3,222 2,255
    16 87,674 3,345 2,341
    17 91,019 3,472 2,431
    18 94,491 3,605 2,523
    19 98,096 3,742 2,620
    20 101,839 3,885 2,720
    TOTAL $55,724 $39,007
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    3.75%
    7.93x (National Avg. - 0.47%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    3.75%    		 Annual
    Interest    		 Annual 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