Compare Analysis of U.p. Connection with 0.27% 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 MONEY MARKET
    U.p. Connection
    $50,000
    N.A.
    0.27%
    0.57x (National Avg. - 0.47%)
    $2,500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.27%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 134 94
    2 50,134 134 94
    3 50,268 135 94
    4 50,403 135 95
    5 50,538 135 95
    6 50,674 136 95
    7 50,809 136 95
    8 50,946 137 96
    9 51,082 137 96
    10 51,219 137 96
    11 51,356 138 96
    12 51,494 138 97
    13 51,632 138 97
    14 51,770 139 97
    15 51,909 139 97
    16 52,048 139 98
    17 52,188 140 98
    18 52,328 140 98
    19 52,468 141 98
    20 52,608 141 99
    TOTAL $2,749 $1,925
  • 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