Compare Analysis of iGobanking.com, a division of Flushing Bank with 4.78% 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.

  • 1
    ONLINE MONEY MARKET
    $50,000
    N.A.
    4.78%
    20.52x (National Avg. - 0.23%)
    $25,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    4.78%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,390 1,673
    2 52,390 2,504 1,753
    3 54,894 2,624 1,837
    4 57,518 2,749 1,925
    5 60,268 2,881 2,017
    6 63,148 3,018 2,113
    7 66,167 3,163 2,214
    8 69,330 3,314 2,320
    9 72,644 3,472 2,431
    10 76,116 3,638 2,547
    11 79,754 3,812 2,669
    12 83,567 3,994 2,796
    13 87,561 4,185 2,930
    14 91,746 4,385 3,070
    15 96,132 4,595 3,217
    16 100,727 4,815 3,370
    17 105,542 5,045 3,531
    18 110,587 5,286 3,700
    19 115,873 5,539 3,877
    20 121,411 5,803 4,062
    TOTAL $77,215 $54,050