Savings and CD Calculator

Find out how much extra money you can earn by moving your bank money into an account that pays more.

Use or Change these Amounts And Rates

Cash Savings

Product:

Average Rate:

Best Rate:

Years at Rate:

Tax Rate:

Email (optional)

The Results

Savings Boost of $3,582

$20,000 Cash Savings

$304 Avg. Rate Savings

$3,886 Best Rate Savings

See comparison detail table

Take Action

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Scenario 1

	Rate: 0.22%	Annual Interest	Annual Interest (After Tax)
1	20,000	43	30
2	20,043	43	30
3	20,086	43	30
4	20,129	43	30
5	20,173	43	30
6	20,216	43	30
7	20,259	44	30
8	20,303	44	31
9	20,347	44	31
10	20,390	44	31
	TOTAL:	$434	$304

Scenario 2

	Rate: 2.48%	Annual Interest	Annual Interest (After Tax)
1	20,000	496	347
2	20,496	508	356
3	21,004	521	365
4	21,525	534	374
5	22,059	547	383
6	22,606	561	392
7	23,167	575	402
8	23,741	589	412
9	24,330	603	422
10	24,933	618	433
	TOTAL:	$5,552	$3,886

Take Action

The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.

Smart Cash Tune-Up Analyzer

Mortgage Calculator