Calculator
Compound interest
Prefills a competitive high-yield APY of 4.30%. The FDIC national average savings rate is 0.37%.
$
$
%
Balance at term
$39,116
5 years at 4.30% APY
You put in
$34,000
Interest earned
$5,116
Same deposits at the 0.37% national average finish at $34,406 — a gap of $4,710.
Thinking of paying down your mortgage instead? Compare it with this savings rate in the pay off mortgage or HYSA calculator →
Common questions
- What is a good savings rate?
- The FDIC average is 0.37%. Top online banks have recently printed in the low-to-mid 3s for a five-bank average, with the best advertised high-yield still near 4.2–4.4%. CDs from Popular Direct were listed at 4.40–4.95% as of Sept. 29, 2026.
Related tools
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- Auto loanPayment, interest, and total cost by credit tier using Q2 2026 APRs.
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Learn more
- High-Yield Savings vs. CD: Which Is Better for Your Cash?
- APY vs. APR: What's the Difference and Which One Should You Compare?
- How a CD Ladder Works: Steady Access With Locked-In Rates
- Why High-Yield Savings Rates Change (and What to Do When They Drop)
- How Big Should Your Emergency Fund Be? A Simple Way to Size It