Compound Interest Calculator
CD Account from NAVY FEDERAL CREDIT UNION with 4.40% 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.

Use or Change these Amounts And Rates

The Results for NAVY FEDERAL CREDIT UNION

Savings Boost of
$6,908 over 10 years
Cash Savings $20,000
Average Interest Earned $627

 
NAVY FEDERAL CREDIT UNION Interest Earned $7,534

 

 

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:
0.44%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 88 61
2 20,088 88 62
3 20,176 89 62
4 20,265 89 62
5 20,354 89 63
6 20,443 90 63
7 20,533 90 63
8 20,623 91 63
9 20,713 91 64
10 20,804 91 64
TOTAL: $896 $627

NAVY FEDERAL CREDIT UNION Scenario

Rate:
4.40%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 880 616
2 20,880 919 643
3 21,799 959 671
4 22,758 1,001 701
5 23,759 1,045 732
6 24,805 1,091 764
7 25,896 1,139 798
8 27,035 1,190 833
9 28,225 1,242 869
10 29,467 1,297 908
TOTAL: $10,763 $7,534

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.