Compare Analysis of Republic Bank of Arizona with 4.14% 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
    36 Month
    4.14%
    5.49x (National Avg. - 0.75%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.14%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,070 1,449
    2 52,070 2,156 1,509
    3 54,226 2,245 1,571
    4 56,471 2,338 1,637
    5 58,809 2,435 1,704
    6 61,243 2,535 1,775
    7 63,779 2,640 1,848
    8 66,419 2,750 1,925
    9 69,169 2,864 2,005
    10 72,032 2,982 2,088
    11 75,015 3,106 2,174
    12 78,120 3,234 2,264
    13 81,354 3,368 2,358
    14 84,722 3,508 2,455
    15 88,230 3,653 2,557
    16 91,883 3,804 2,663
    17 95,687 3,961 2,773
    18 99,648 4,125 2,888
    19 103,773 4,296 3,007
    20 108,070 4,474 3,132
    TOTAL $62,544 $43,781
  • 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