Compare Analysis of iGobanking.com, a division of Flushing Bank with 4.34% 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.4.34%19.20x (National Avg. - 0.23%)$25,000Online Bank-SCENARIO
Year Rate
4.34%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,170 1,519 2 52,170 2,264 1,585 3 54,434 2,362 1,654 4 56,797 2,465 1,725 5 59,262 2,572 1,800 6 61,834 2,684 1,879 7 64,517 2,800 1,960 8 67,317 2,922 2,045 9 70,239 3,048 2,134 10 73,287 3,181 2,226 11 76,468 3,319 2,323 12 79,786 3,463 2,424 13 83,249 3,613 2,529 14 86,862 3,770 2,639 15 90,632 3,933 2,753 16 94,565 4,104 2,873 17 98,670 4,282 2,998 18 102,952 4,468 3,128 19 107,420 4,662 3,263 20 112,082 4,864 3,405 TOTAL $66,946 $46,862