The product CD 3-year Account from HarborOne Bank with 3.75% APY and $1,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $28,901. The interest earned would be $8,901 and the tax amount on the interest earned would be approximately $2,670.
Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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.
| Rate: 0.75% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 150 | 105 |
| 2 | 20,150 | 151 | 106 |
| 3 | 20,302 | 152 | 107 |
| 4 | 20,454 | 154 | 108 |
| 5 | 20,608 | 155 | 108 |
| 6 | 20,762 | 156 | 109 |
| 7 | 20,918 | 157 | 110 |
| 8 | 21,075 | 158 | 111 |
| 9 | 21,234 | 159 | 112 |
| 10 | 21,393 | 161 | 112 |
| TOTAL: | $1,554 | $1,088 |
| Rate: 3.75% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 750 | 525 |
| 2 | 20,750 | 778 | 545 |
| 3 | 21,528 | 807 | 565 |
| 4 | 22,335 | 838 | 586 |
| 5 | 23,173 | 869 | 608 |
| 6 | 24,042 | 902 | 631 |
| 7 | 24,944 | 935 | 655 |
| 8 | 25,879 | 970 | 679 |
| 9 | 26,849 | 1,007 | 705 |
| 10 | 27,856 | 1,045 | 731 |
| TOTAL: | $8,901 | $6,231 |
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.
| Date | APY |
|---|---|
| December 23, 2024 | 3.75% |
| November 25, 2024 | 4.05% |
| November 4, 2024 | 4.15% |
| September 30, 2024 | 4.00% |
| September 22, 2024 | 4.25% |
| August 12, 2024 | 4.60% |
| August 2, 2024 | 5.15% |
| April 2, 2024 | 5.25% |
| March 14, 2024 | 5.00% |
| February 6, 2024 | 4.25% |
| February 6, 2024 | 1.00% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.75% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on November 25, 2024. |
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|
|
4.70% |
$50,000 |
Learn More | |
|
Last change: ↓0.10% on December 29, 2024. |
||||
|
|
4.65% |
$1,500 |
Learn More | |
|
Last change: ↓0.05% on December 4, 2024. |
||||
|
|
4.65% |
$10,000 |
Learn More | |
|
Last change: ↓0.25% on December 23, 2024. |
||||
|
|
4.65% |
$1,000 |
Learn More | |
|
Last change: ↓0.10% on September 22, 2024. |
||||
Customer Reviews for HarborOne Bank
Jacob
January 30, 2020
Find branch personnel are genuinely interested in my business.
Is this review helpful? Yes:0 / No: 0
Beverly
January 30, 2020
Have been with Harbor One and Coastway (before merger) and find them efficient, convenient and knowledgable.
Will continue with my banking relationship with them as I am VERY satisfied with my returns..
Is this review helpful? Yes:0 / No: 0
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