Compare Savings vs. CDs
Comparison of Deposit Account from GSA with 1.57% - December 2024


Long-Term Analysis of GSA with 1.57% 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
    1.57%
    -
    $50,000
    48 Month
    Credit Union
    1.93x (National Avg. - 0.81%)
    $100,000
     
    SCENARIO
    Year Rate
    1.57%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 785 550
    2 50,785 797 558
    3 51,582 810 567
    4 52,392 823 576
    5 53,215 835 585
    6 54,050 849 594
    7 54,899 862 603
    8 55,761 875 613
    9 56,636 889 622
    10 57,525 903 632
    11 58,428 917 642
    12 59,346 932 652
    13 60,278 946 662
    14 61,224 961 673
    15 62,185 976 683
    16 63,161 992 694
    17 64,153 1,007 705
    18 65,160 1,023 716
    19 66,183 1,039 727
    20 67,222 1,055 739
    TOTAL $18,278 $12,794

    All calculations are for demonstration purposes only.

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