Compare Analysis of iGobanking.com, a division of Flushing Bank with 4.12% 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.4.12%18.23x (National Avg. - 0.23%)$25,000Online Bank-SCENARIO
Year Rate
4.12%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,060 1,442 2 52,060 2,145 1,501 3 54,205 2,233 1,563 4 56,438 2,325 1,628 5 58,763 2,421 1,695 6 61,184 2,521 1,765 7 63,705 2,625 1,837 8 66,330 2,733 1,913 9 69,063 2,845 1,992 10 71,908 2,963 2,074 11 74,871 3,085 2,159 12 77,955 3,212 2,248 13 81,167 3,344 2,341 14 84,511 3,482 2,437 15 87,993 3,625 2,538 16 91,618 3,775 2,642 17 95,393 3,930 2,751 18 99,323 4,092 2,864 19 103,415 4,261 2,982 20 107,676 4,436 3,105 TOTAL $62,112 $43,479