Compare Savings vs. CDs
Comparison of Deposit Account from DELTA COMMUNITY with 4.95% - November 2024


Long-Term Analysis of DELTA COMMUNITY with 4.95% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    4.95%
    -
    $50,000
    12 Month
    Credit Union
    8.97x (National Avg. - 0.55%)
    $1,000
     
    SCENARIO
    Year Rate
    4.95%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,475 1,733
    2 52,475 2,598 1,818
    3 55,073 2,726 1,908
    4 57,799 2,861 2,003
    5 60,660 3,003 2,102
    6 63,662 3,151 2,206
    7 66,814 3,307 2,315
    8 70,121 3,471 2,430
    9 73,592 3,643 2,550
    10 77,235 3,823 2,676
    11 81,058 4,012 2,809
    12 85,070 4,211 2,948
    13 89,281 4,419 3,094
    14 93,700 4,638 3,247
    15 98,339 4,868 3,407
    16 103,206 5,109 3,576
    17 108,315 5,362 3,753
    18 113,677 5,627 3,939
    19 119,304 5,906 4,134
    20 125,209 6,198 4,339
    TOTAL $81,407 $56,985

    All calculations are for demonstration purposes only.

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