Compare Analysis of University Of Wisconsin with 2.39% 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
    University Of Wisconsin
    $50,000
    N.A.
    2.39%
    5.05x (National Avg. - 0.47%)
    $50,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    2.39%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,195 837
    2 51,195 1,224 856
    3 52,419 1,253 877
    4 53,671 1,283 898
    5 54,954 1,313 919
    6 56,268 1,345 941
    7 57,612 1,377 964
    8 58,989 1,410 987
    9 60,399 1,444 1,010
    10 61,843 1,478 1,035
    11 63,321 1,513 1,059
    12 64,834 1,550 1,085
    13 66,384 1,587 1,111
    14 67,970 1,624 1,137
    15 69,595 1,663 1,164
    16 71,258 1,703 1,192
    17 72,961 1,744 1,221
    18 74,705 1,785 1,250
    19 76,490 1,828 1,280
    20 78,318 1,872 1,310
    TOTAL $30,190 $21,133
  • 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