Compare Analysis of Self-help with 3.32% 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 MONEY MARKET
    Self-help
    $50,000
    N.A.
    3.32%
    15.44x (National Avg. - 0.22%)
    $500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    3.32%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,660 1,162
    2 51,660 1,715 1,201
    3 53,375 1,772 1,240
    4 55,147 1,831 1,282
    5 56,978 1,892 1,324
    6 58,870 1,954 1,368
    7 60,824 2,019 1,414
    8 62,844 2,086 1,460
    9 64,930 2,156 1,509
    10 67,086 2,227 1,559
    11 69,313 2,301 1,611
    12 71,614 2,378 1,664
    13 73,992 2,457 1,720
    14 76,448 2,538 1,777
    15 78,986 2,622 1,836
    16 81,609 2,709 1,897
    17 84,318 2,799 1,960
    18 87,117 2,892 2,025
    19 90,010 2,988 2,092
    20 92,998 3,088 2,161
    TOTAL $46,086 $32,260