Compare Analysis of University Of Wisconsin with 1.57% APY and First Foundation Bank with 4.00% 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
    University Of Wisconsin
    $50,000
    N.A.
    1.57%
    6.95x (National Avg. - 0.23%)
    $10,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    1.57%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 785 550
    2 50,785 797 558
    3 51,582 810 567
    4 52,392 823 576
    5 53,215 835 585
    6 54,050 849 594
    7 54,899 862 603
    8 55,761 875 613
    9 56,636 889 622
    10 57,525 903 632
    11 58,428 917 642
    12 59,346 932 652
    13 60,278 946 662
    14 61,224 961 673
    15 62,185 976 683
    16 63,161 992 694
    17 64,153 1,007 705
    18 65,160 1,023 716
    19 66,183 1,039 727
    20 67,222 1,055 739
    TOTAL $18,278 $12,794
  • 2
    ONLINE SAVINGS
    First Foundation Bank , ★ TOP PICK ★
    $50,000
    N.A.
    4.00%
    17.70x (National Avg. - 0.23%)
    $1,000
    Bank
    -
    SCENARIO
    Year Rate
    4.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689