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.
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| Year | Rate 1.75% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 875 | 613 |
| 2 | 50,875 | 890 | 623 |
| 3 | 51,765 | 906 | 634 |
| 4 | 52,671 | 922 | 645 |
| 5 | 53,593 | 938 | 657 |
| 6 | 54,531 | 954 | 668 |
| 7 | 55,485 | 971 | 680 |
| 8 | 56,456 | 988 | 692 |
| 9 | 57,444 | 1,005 | 704 |
| 10 | 58,449 | 1,023 | 716 |
| 11 | 59,472 | 1,041 | 729 |
| 12 | 60,513 | 1,059 | 741 |
| 13 | 61,572 | 1,078 | 754 |
| 14 | 62,649 | 1,096 | 767 |
| 15 | 63,746 | 1,116 | 781 |
| 16 | 64,861 | 1,135 | 795 |
| 17 | 65,996 | 1,155 | 808 |
| 18 | 67,151 | 1,175 | 823 |
| 19 | 68,327 | 1,196 | 837 |
| 20 | 69,522 | 1,217 | 852 |
| TOTAL | $20,739 | $14,517 |
| Year | Rate 2.00% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 1,000 | 700 |
| 2 | 51,000 | 1,020 | 714 |
| 3 | 52,020 | 1,040 | 728 |
| 4 | 53,060 | 1,061 | 743 |
| 5 | 54,122 | 1,082 | 758 |
| 6 | 55,204 | 1,104 | 773 |
| 7 | 56,308 | 1,126 | 788 |
| 8 | 57,434 | 1,149 | 804 |
| 9 | 58,583 | 1,172 | 820 |
| 10 | 59,755 | 1,195 | 837 |
| 11 | 60,950 | 1,219 | 853 |
| 12 | 62,169 | 1,243 | 870 |
| 13 | 63,412 | 1,268 | 888 |
| 14 | 64,680 | 1,294 | 906 |
| 15 | 65,974 | 1,319 | 924 |
| 16 | 67,293 | 1,346 | 942 |
| 17 | 68,639 | 1,373 | 961 |
| 18 | 70,012 | 1,400 | 980 |
| 19 | 71,412 | 1,428 | 1,000 |
| 20 | 72,841 | 1,457 | 1,020 |
| TOTAL | $24,297 | $17,008 |
| Year | Rate 1.11% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 555 | 389 |
| 2 | 50,555 | 561 | 393 |
| 3 | 51,116 | 567 | 397 |
| 4 | 51,684 | 574 | 402 |
| 5 | 52,257 | 580 | 406 |
| 6 | 52,837 | 586 | 411 |
| 7 | 53,424 | 593 | 415 |
| 8 | 54,017 | 600 | 420 |
| 9 | 54,616 | 606 | 424 |
| 10 | 55,223 | 613 | 429 |
| 11 | 55,836 | 620 | 434 |
| 12 | 56,455 | 627 | 439 |
| 13 | 57,082 | 634 | 444 |
| 14 | 57,716 | 641 | 448 |
| 15 | 58,356 | 648 | 453 |
| 16 | 59,004 | 655 | 458 |
| 17 | 59,659 | 662 | 464 |
| 18 | 60,321 | 670 | 469 |
| 19 | 60,991 | 677 | 474 |
| 20 | 61,668 | 685 | 479 |
| TOTAL | $12,352 | $8,647 |
| Year | Rate 4.07% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,035 | 1,425 |
| 2 | 52,035 | 2,118 | 1,482 |
| 3 | 54,153 | 2,204 | 1,543 |
| 4 | 56,357 | 2,294 | 1,606 |
| 5 | 58,651 | 2,387 | 1,671 |
| 6 | 61,038 | 2,484 | 1,739 |
| 7 | 63,522 | 2,585 | 1,810 |
| 8 | 66,107 | 2,691 | 1,883 |
| 9 | 68,798 | 2,800 | 1,960 |
| 10 | 71,598 | 2,914 | 2,040 |
| 11 | 74,512 | 3,033 | 2,123 |
| 12 | 77,545 | 3,156 | 2,209 |
| 13 | 80,701 | 3,285 | 2,299 |
| 14 | 83,985 | 3,418 | 2,393 |
| 15 | 87,403 | 3,557 | 2,490 |
| 16 | 90,961 | 3,702 | 2,591 |
| 17 | 94,663 | 3,853 | 2,697 |
| 18 | 98,515 | 4,010 | 2,807 |
| 19 | 102,525 | 4,173 | 2,921 |
| 20 | 106,698 | 4,343 | 3,040 |
| TOTAL | $61,040 | $42,728 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.55% |
$1,000 |
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Last change: ↓0.50% on October 1, 2024. |
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|
|
4.50% |
$500 |
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Last change: ↑0.20% on January 18. |
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|
|
4.45% |
$1,500 |
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Last change: ↑0.10% on July 13. |
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|
|
4.45% |
$50,000 |
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Last change: ↓0.05% on August 2. |
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|
|
4.45% |
$50,000 |
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Last change: ↓0.05% on April 30. |
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