Compare Analysis of SSB Bank with 3.02% 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
    84 Month
    3.02%
    N.A.
    $500
    Bank
    -
     
    SCENARIO
    Year Rate
    3.02%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,512 1,058
    2 51,512 1,557 1,090
    3 53,069 1,604 1,123
    4 54,673 1,653 1,157
    5 56,326 1,703 1,192
    6 58,028 1,754 1,228
    7 59,783 1,807 1,265
    8 61,590 1,862 1,303
    9 63,452 1,918 1,343
    10 65,370 1,976 1,383
    11 67,346 2,036 1,425
    12 69,382 2,097 1,468
    13 71,479 2,161 1,513
    14 73,640 2,226 1,558
    15 75,866 2,293 1,605
    16 78,160 2,363 1,654
    17 80,522 2,434 1,704
    18 82,957 2,508 1,755
    19 85,464 2,584 1,809
    20 88,048 2,662 1,863
    TOTAL $40,710 $28,497