Compare Analysis of FNBO Direct with 4.20% APY
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE
All calculations are for demonstration purposes only.
- 1ONLINE MONEY MARKET$50,000N.A.4.20%8.90x (National Avg. - 0.47%)$1,000,000Online Bank-SCENARIO
Year Rate
4.20%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,100 1,470 2 52,100 2,188 1,532 3 54,288 2,280 1,596 4 56,568 2,376 1,663 5 58,944 2,476 1,733 6 61,420 2,580 1,806 7 63,999 2,688 1,882 8 66,687 2,801 1,961 9 69,488 2,919 2,043 10 72,407 3,041 2,129 11 75,448 3,169 2,218 12 78,617 3,302 2,311 13 81,919 3,441 2,408 14 85,359 3,585 2,510 15 88,944 3,736 2,615 16 92,680 3,893 2,725 17 96,573 4,056 2,839 18 100,629 4,226 2,958 19 104,855 4,404 3,083 20 109,259 4,589 3,212 TOTAL $63,848 $44,693