Long-term planning

Bond Calculator

Calculate the fair price of a bond based on face value, coupon rate, market yield, and years to maturity. Use this Savings and investing tool to enter your numbers, review the result, and understand the key assumptions before making the next decision.

What you get
A focused calculator, clear explanation, common questions, and useful next tools.
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Result
Explanation
Common questions
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How this calculator works
The result depends on the numbers you enter and the assumptions shown below.

A bond's price is the present value of all future coupon payments plus the present value of the face value at maturity. When market yields rise above the coupon rate, the bond trades at a discount.

Review the inputs carefully and treat the output as an estimate. For decisions involving money, taxes, health, law, or security, compare the result with trusted professional guidance when needed.

Frequently asked questions

What is a coupon rate?

The coupon rate is the annual interest rate stated on the bond, paid periodically to the bondholder as a percentage of the face value.

Why does bond price move inversely to yield?

When interest rates rise, existing bonds with lower coupons become less attractive, so their price falls to compensate investors with the higher effective yield.