Compare Analysis of Nasa with 4.05% 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$50,00049 Month4.05%N.A.$10,000Credit Union-SCENARIO
Year Rate
4.05%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,025 1,418 2 52,025 2,107 1,475 3 54,132 2,192 1,535 4 56,324 2,281 1,597 5 58,605 2,374 1,661 6 60,979 2,470 1,729 7 63,449 2,570 1,799 8 66,018 2,674 1,872 9 68,692 2,782 1,947 10 71,474 2,895 2,026 11 74,369 3,012 2,108 12 77,381 3,134 2,194 13 80,515 3,261 2,283 14 83,776 3,393 2,375 15 87,168 3,530 2,471 16 90,699 3,673 2,571 17 94,372 3,822 2,675 18 98,194 3,977 2,784 19 102,171 4,138 2,897 20 106,309 4,306 3,014 TOTAL $60,614 $42,430 - 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