Compare Analysis of SSB Bank with 2.77% 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
    SSB Bank
    $50,000
    48 Month
    2.77%
    3.39x (National Avg. - 0.82%)
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    2.77%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,385 969
    2 51,385 1,423 996
    3 52,807 1,462 1,024
    4 54,270 1,503 1,052
    5 55,772 1,544 1,081
    6 57,317 1,587 1,111
    7 58,904 1,631 1,142
    8 60,535 1,676 1,173
    9 62,211 1,723 1,206
    10 63,934 1,770 1,239
    11 65,704 1,819 1,274
    12 67,523 1,870 1,309
    13 69,393 1,921 1,345
    14 71,314 1,975 1,382
    15 73,289 2,029 1,421
    16 75,319 2,086 1,460
    17 77,404 2,143 1,500
    18 79,547 2,203 1,542
    19 81,750 2,264 1,585
    20 84,014 2,326 1,628
    TOTAL $36,340 $25,438