Compare Analysis of Republic Bank of Arizona with 4.87% 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
    Republic Bank of Arizona
    $50,000
    12 Month
    4.87%
    8.90x (National Avg. - 0.55%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.87%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,435 1,705
    2 52,435 2,554 1,788
    3 54,989 2,678 1,875
    4 57,667 2,808 1,966
    5 60,475 2,945 2,062
    6 63,420 3,089 2,162
    7 66,509 3,239 2,267
    8 69,748 3,397 2,378
    9 73,144 3,562 2,493
    10 76,706 3,736 2,615
    11 80,442 3,918 2,742
    12 84,359 4,108 2,876
    13 88,468 4,308 3,016
    14 92,776 4,518 3,163
    15 97,294 4,738 3,317
    16 102,033 4,969 3,478
    17 107,002 5,211 3,648
    18 112,213 5,465 3,825
    19 117,677 5,731 4,012
    20 123,408 6,010 4,207
    TOTAL $79,418 $55,593
  • 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