Banking ArticlesHighest CD Rates on 5 year CDs – 5/23/12CDs and Savings Accounts, Low Return Until the End of 2014 Higher CD Rates at CIT Bank Current 1 year CD Rates: Best Rate at 1.14% Doral Bank Direct CD Rates FOMC Statement Points to Continued Moderate Growth and Low Interest Rates State Personal Income in 2011 is up 5.1% Investing in Certificate of Deposit Accounts Interest Rates Will Stay Low for Most of 2012 12 Month CD Rates: PenFed Tops Our 1 Year CD Rates List at 1.16% APY CD Rates: 1 Year Bank CD Rates 2012 National CD Rates: Average 2 Year CD Rate at 0.90%, Highest 2 Year CD APY at 1.50% Ally Bank CD Rates – 1 Year Bank CD Rates at 1.19% Staying Ahead the Inflation Rate on Your Investments Deposit Rates Staying Low for the Rest of 2011 Highest National CD Rates: E-Loan Still Tops Our 12 Month CD Rates list at 1.25% Texas CD Rates: Top 12 Month CD Rate 1.25% APY 1.26% Best National 1 Year CD Rates: Highest APY at 1.26% CD Rates May 31: Average CD Rates Continue to Decline Top CD Rate Alert: Credit Union of Atlanta CD Rates |
CD Ladder CalculatorCD Ladder CalculatorUse Monitor Bank Rates’ CD ladder calculator to examine the benefits of investing in Certificates of Deposits with different maturities, this investment strategy is known as a CD Ladder. You can easily calculate how much interest you can earn by laddering CDs. When you create a CD Ladder, you benefit from higher CD rates on longer term CDs while maintaining short term access to your money.
CD Ladder Calculator DefinitionsTotal to investThis is the total amount of your CD ladder investment.
Amount in each CDHow much money you wish to invest in each CD account in your ladder. This amount to calculate the number of CDs in your CD ladder. If the amount that you enter isn't evenly divisible by the total you wish to put into your CD Ladder, we will automatically adjust it up to an evenly divisible amount.
Frequency of Maturing CDsHow often you would like to have a CD maturing. For example, if you choose six months, one of your CDs in your CD ladder will mature every six months.
Interest is compoundedInterest earned on your CD's accumulated interest. This calculator allows you to choose the frequency that your CD's interest income is added to your account. The more frequently this occurs, the sooner your accumulated interest income will generate additional interest. You may wish to check with your local office to find out how often interest is being compounded on your particular CD.
CDs in your LadderThe number of CDs that will be in your CD ladder. Each CD will have a different maturity, so that one of your CDs will mature at the frequency you specify. This calculator assumes that you redeposit all matured CDs into new CDs that have a term of the longest maturity in your original CD ladder.
The CD Ladder calculator and the results are made available to our website visitors as a self help tool. Monitor Bank Rates LLC cannot and does not guarantee the accuracy. The example above is hypothetical and is for illustrative means only. |