$titleTerm = "Special " Compare Analysis of Prime Security Bank with 3.88% APY.


Compare Analysis of Prime Security Bank with 3.88% 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
    6 Month
    3.88%
    9.47x (National Avg. - 0.41%)
    $10,000
    Bank
    -
     
    SCENARIO
    Year Rate
    3.88%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,938 1,356
    2 51,938 2,013 1,409
    3 53,950 2,091 1,463
    4 56,041 2,172 1,520
    5 58,212 2,256 1,579
    6 60,468 2,343 1,640
    7 62,811 2,434 1,704
    8 65,245 2,528 1,770
    9 67,773 2,626 1,838
    10 70,399 2,728 1,910
    11 73,127 2,834 1,984
    12 75,961 2,943 2,060
    13 78,905 3,058 2,140
    14 81,962 3,176 2,223
    15 85,138 3,299 2,309
    16 88,437 3,427 2,399
    17 91,864 3,560 2,492
    18 95,424 3,698 2,588
    19 99,122 3,841 2,689
    20 102,963 3,990 2,793
    TOTAL $56,952 $39,867