Here's how much interest a $25,000 long-term CD will earn if opened this July
Summary
A $25,000 long-term certificate of deposit (CD) opened in July can earn a fixed amount of interest depending on the term length. Current top interest rates range from about 4.15% to 4.30%, offering guaranteed returns over periods from 18 months to 10 years.Key Facts
- A CD is a savings account with a fixed interest rate and fixed term.
- Interest rates on CDs do not change once you open the account.
- For a $25,000 deposit in July, interest earned ranges from about $1,591 (18 months) to $13,087 (10 years).
- Example rates: 18-month CD at 4.20%, 2-year at 4.16%, 3-year at 4.15%, 5-year at 4.20%, 10-year at 4.30%.
- The Federal Reserve has kept interest rates steady during the first half of 2026.
- Savers should pick the best rate now because if interest rates rise later, the CD rate will not increase.
- CDs can be a good option for people who want a low-risk, guaranteed return on money they can leave untouched.
- Online marketplaces make it easy to compare CD rates and terms from different banks.
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