Compound Interest Calculator
Savings Account from First Foundation Bank with 1.60% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Featured Savings

BANK APY? Vs. Nat'l Av. MIN?
Sponsored Advertiser Disclosure


Use or Change these Amounts And Rates

The Results for First Foundation Bank

Savings Boost of
$2,218 over 10 years
Cash Savings $20,000
Average Interest Earned $190

 
First Foundation Bank Interest Earned $2,408

 

 

See comparison detail table

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

Average Rate Scenario

Rate:
0.14%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 27 19
2 20,027 27 19
3 20,054 27 19
4 20,081 27 19
5 20,108 27 19
6 20,135 27 19
7 20,163 27 19
8 20,190 27 19
9 20,217 27 19
10 20,244 27 19
TOTAL: $272 $190

First Foundation Bank Scenario

Rate:
1.60%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 320 224
2 20,320 325 228
3 20,645 330 231
4 20,975 336 235
5 21,311 341 239
6 21,652 346 243
7 21,998 352 246
8 22,350 358 250
9 22,708 363 254
10 23,071 369 258
TOTAL: $3,441 $2,408

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.