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 $4,089

$20,000 Cash Savings

$274 Avg. Rate Savings

$4,363 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: 0.19%	Annual Interest	Annual Interest (After Tax)
1	20,000	39	27
2	20,039	39	27
3	20,078	39	27
4	20,117	39	27
5	20,156	39	27
6	20,195	39	27
7	20,234	39	27
8	20,273	39	28
9	20,313	39	28
10	20,352	39	28
	TOTAL:	$391	$274

Scenario 2

	Rate: 2.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	550	385
2	20,550	565	396
3	21,115	581	406
4	21,696	597	418
5	22,292	613	429
6	22,905	630	441
7	23,535	647	453
8	24,183	665	466
9	24,848	683	478
10	25,531	702	491
	TOTAL:	$6,233	$4,363

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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