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 4.66% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,328 | 1,629 |
| 2 | 52,328 | 2,436 | 1,705 |
| 3 | 54,763 | 2,549 | 1,784 |
| 4 | 57,313 | 2,668 | 1,868 |
| 5 | 59,980 | 2,792 | 1,954 |
| 6 | 62,773 | 2,922 | 2,045 |
| 7 | 65,695 | 3,058 | 2,141 |
| 8 | 68,753 | 3,200 | 2,240 |
| 9 | 71,953 | 3,349 | 2,345 |
| 10 | 75,303 | 3,505 | 2,454 |
| 11 | 78,808 | 3,669 | 2,568 |
| 12 | 82,476 | 3,839 | 2,687 |
| 13 | 86,316 | 4,018 | 2,813 |
| 14 | 90,334 | 4,205 | 2,944 |
| 15 | 94,539 | 4,401 | 3,081 |
| 16 | 98,940 | 4,606 | 3,224 |
| 17 | 103,545 | 4,820 | 3,374 |
| 18 | 108,365 | 5,044 | 3,531 |
| 19 | 113,410 | 5,279 | 3,695 |
| 20 | 118,689 | 5,525 | 3,867 |
| TOTAL | $74,214 | $51,950 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
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6.00% |
$5,000 |
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5 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%. |
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|
|
5.51% |
$25,000 |
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Last change: ↓0.15% on May 13. |
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|
|
5.49% |
$50,000 |
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Last change: ↑0.09% on March 12. |
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|
5.46% |
$1,000 |
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Last change: ↓0.05% on May 9. |
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5.41% |
$50,000 |
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Last change: ↓0.36% on March 12. |
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