Compare Savings vs. CDs
Comparison of Deposit Account from Forcht Bank, National Association with 0.76% - January 2025


Long-Term Analysis of Bank of Easton with 0.10% APY and Forcht Bank, National Association with 0.76% 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 SAVINGS
    0.10%
    -
    $50,000
    N.A.
    Bank
    0.45x (National Avg. - 0.22%)
    $25
     
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 2
    LOCAL CD
    0.76%
    -
    $50,000
    24 Month
    Bank
    1.16x (National Avg. - 0.66%)
    $100,000
     
    SCENARIO
    Year Rate
    0.76%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 380 266
    2 50,380 383 268
    3 50,763 386 270
    4 51,149 389 272
    5 51,537 392 274
    6 51,929 395 276
    7 52,324 398 278
    8 52,721 401 280
    9 53,122 404 283
    10 53,526 407 285
    11 53,933 410 287
    12 54,343 413 289
    13 54,756 416 291
    14 55,172 419 294
    15 55,591 422 296
    16 56,013 426 298
    17 56,439 429 300
    18 56,868 432 303
    19 57,300 435 305
    20 57,736 439 307
    TOTAL $8,175 $5,722

    All calculations are for demonstration purposes only.

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