Compound Interest Calculator
Savings Account from JOVIA FINANCIAL with 3.98% APY and $10 minimum deposit



Use or Change These Amounts and Rates

The product Savings Account from JOVIA FINANCIAL with 3.98% APY and $10 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 $29,537. The interest earned would be $9,537 and the tax amount on the interest earned would be approximately $2,861.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for JOVIA FINANCIAL

Savings Boost of
$6,357 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
JOVIA FINANCIAL Interest Earned $6,676

 

 

See comparison detail table

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.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

JOVIA FINANCIAL Scenario

Rate:
3.98%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 795 557
2 20,795 827 579
3 21,622 860 602
4 22,482 894 626
5 23,376 929 651
6 24,305 966 676
7 25,271 1,005 703
8 26,276 1,045 731
9 27,321 1,086 760
10 28,407 1,129 791
TOTAL: $9,537 $6,676

Take Action

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.



Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↑3.00% on August 7.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.



Customer Reviews for Jovia Financial


  • April 25, 2021 |

    It has some of the most inept, cold workers. They do not return calls. You have trouble using payments or transactions by phone as they charge you. For months during COVID no hand sanitizer was present in the branches, but now there are signs telling youl they want you to clean yout hands before touching anything. They are not accommodating at all. It is run like an amateur establishment and they change personal like you change shirts.

  • December 26, 2019 |

    BAD, AND BAD BANK.. 3 WEEKS AGO LOST BANK CARD AND CONTACTED CUSTOMER SERVICE, THERE RESPONDS WAS " THEY CAN`T CANCEL BANK CARD ON THEIR END AND WILL BE CONTACTED BY HEADQUATHERS.. I WAS NEVER CONTACTED BY HEADQUATHERS. FAST FORWARD.. HOW COME I WAS ABLE TO PLACE AN ORDER ONLINE USING MY LOST BANK CARD INFO TODAY 12/26/2019. I AM LEAVING JOVIA ASAP.


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