Bond Calculator
Estimate coupon payments, current yield, yield to maturity, total interest and potential return from a fixed-rate bond.
Add face value, coupon rate, market price and time to maturity.
Select annual, semiannual, quarterly or monthly coupon payments.
See current yield, YTM, coupon income and total return.
The calculator assumes fixed coupon payments, no default, reinvestment at the calculated yield, and holding the bond until maturity. It does not include taxes, commissions, accrued interest, call features, inflation or changing market rates.
What is yield to maturity?
Yield to maturity is the annualized return implied by the bond's price, coupon payments, face value and remaining time to maturity.
What is current yield?
Current yield is annual coupon income divided by the bond's current market price.
Why is YTM different from the coupon rate?
YTM also reflects the gain or loss between the bond's purchase price and its face value at maturity.
Results are estimates generated locally in your browser using standard financial formulas and the figures you enter. They are for informational purposes only and are not financial, credit, tax or legal advice. Actual offers, rates, fees and eligibility vary by provider. VisionVix accepts no liability for decisions based on this tool's output.
This calculator is for educational and planning purposes only. It is not investment, tax or financial advice. Actual bond returns may differ because of credit risk, taxes, fees, calls, market changes and reinvestment rates.
