Compare Savings vs. CDs
Comparison of Deposit Account from SOUTHWEST 66 with 2.10% - November 2024


Long-Term Analysis of SOUTHWEST 66 with 2.10% 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
    2.10%
    -
    $50,000
    36 Month
    Credit Union
    2.80x (National Avg. - 0.75%)
    $1,000
     
    SCENARIO
    Year Rate
    2.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,050 735
    2 51,050 1,072 750
    3 52,122 1,095 766
    4 53,217 1,118 782
    5 54,334 1,141 799
    6 55,475 1,165 815
    7 56,640 1,189 833
    8 57,830 1,214 850
    9 59,044 1,240 868
    10 60,284 1,266 886
    11 61,550 1,293 905
    12 62,842 1,320 924
    13 64,162 1,347 943
    14 65,510 1,376 963
    15 66,885 1,405 983
    16 68,290 1,434 1,004
    17 69,724 1,464 1,025
    18 71,188 1,495 1,046
    19 72,683 1,526 1,068
    20 74,209 1,558 1,091
    TOTAL $25,768 $18,037

    All calculations are for demonstration purposes only.

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