Compare Analysis of Primis Bank with 5.07% 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
    ONLINE SAVINGS
    Primis Bank
    $50,000
    N.A.
    5.07%
    23.58x (National Avg. - 0.22%)
    $1
    Bank
    -
     
    SCENARIO
    Year Rate
    5.07%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,535 1,775
    2 52,535 2,664 1,864
    3 55,199 2,799 1,959
    4 57,997 2,940 2,058
    5 60,938 3,090 2,163
    6 64,027 3,246 2,272
    7 67,273 3,411 2,388
    8 70,684 3,584 2,509
    9 74,268 3,765 2,636
    10 78,033 3,956 2,769
    11 81,989 4,157 2,910
    12 86,146 4,368 3,057
    13 90,514 4,589 3,212
    14 95,103 4,822 3,375
    15 99,925 5,066 3,546
    16 104,991 5,323 3,726
    17 110,314 5,593 3,915
    18 115,907 5,876 4,114
    19 121,783 6,174 4,322
    20 127,958 6,487 4,541
    TOTAL $84,445 $59,111