CD vs Savings Calculator
Enter your balance, term, APY estimates, and tax bracket — see after-tax effective yield for a CD versus a HYSA side by side.
CD: After-tax interest (12mo)
$1,889.55
Pre-tax: $2,550.00
HYSA: After-tax interest (12mo)
$1,815.45
Pre-tax: $2,450.00
CD earns $74.10 more after tax over 12 months on $50,000.00.
Assumptions: HYSA rate is treated as fixed for the full term (it will vary in practice). CD rate is fixed. Both products are assumed FDIC-insured with interest taxable at ordinary income rates (federal + state). This tool does not account for compounding frequency differences or HYSA rate changes mid-term. For investment decisions, consult a qualified tax advisor.