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:

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The Results

Savings Boost of $1,747

$20,000 Cash Savings

$183 Avg. Rate Savings

$1,930 Best Rate Savings

See comparison detail table

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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: 0.13%	Annual Interest	Annual Interest (After Tax)
1	20,000	26	18
2	20,026	26	18
3	20,052	26	18
4	20,078	26	18
5	20,104	26	18
6	20,130	26	18
7	20,157	26	18
8	20,183	26	18
9	20,209	26	18
10	20,235	26	18
	TOTAL:	$262	$183

Scenario 2

	Rate: 1.30%	Annual Interest	Annual Interest (After Tax)
1	20,000	260	182
2	20,260	263	184
3	20,523	267	187
4	20,790	270	189
5	21,060	274	192
6	21,334	277	194
7	21,612	281	197
8	21,893	285	199
9	22,177	288	202
10	22,465	292	204
	TOTAL:	$2,757	$1,930

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.

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