Compare Analysis of Inroads with 6.88% 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 SAVINGS
    Inroads
    $50,000
    N.A.
    6.88%
    30.83x (National Avg. - 0.22%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    6.88%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 3,438 2,406
    2 53,438 3,674 2,572
    3 57,111 3,926 2,748
    4 61,038 4,196 2,937
    5 65,234 4,485 3,139
    6 69,719 4,793 3,355
    7 74,512 5,123 3,586
    8 79,635 5,475 3,832
    9 85,110 5,851 4,096
    10 90,961 6,254 4,377
    11 97,215 6,684 4,678
    12 103,898 7,143 5,000
    13 111,041 7,634 5,344
    14 118,675 8,159 5,711
    15 126,834 8,720 6,104
    16 135,554 9,319 6,524
    17 144,873 9,960 6,972
    18 154,833 10,645 7,451
    19 165,478 11,377 7,964
    20 176,855 12,159 8,511
    TOTAL $139,013 $97,309