Use this free bond calculator to estimate annual coupon income, total coupon payments, current yield, and approximate yield to maturity from face value, market price, coupon rate, and maturity.
$1,000 face value, $950 market price
This is an approximate yield formula and does not price callable bonds, reinvestment, taxes, credit risk, or market risk.
Estimate annual coupon income from a bond.
Compare market price with face value.
Estimate current yield and approximate yield to maturity.
Check basic bond math before reading official offering documents.
Current yield and approximate YTM
Lower YTM from premium price
Coupon and yield estimate
Plain-language answers about when to use the estimate, what your numbers mean, what is left out, and how privacy works.
Use it for early planning and side-by-side comparisons, especially for tasks like these: Estimate annual coupon income from a bond. Compare market price with face value. Treat the answer as a planning estimate, not a final quote.
In plain language: The calculator multiplies face value by coupon rate for annual coupon, divides coupon by market price for current yield, then estimates yield to maturity from coupon income plus price gain or loss. If the result seems too high or too low, first check whether each field expects a monthly amount, annual amount, dollar value, or percent.
This is an approximate yield calculator. It does not price callable bonds, accrued interest, tax treatment, reinvestment risk, credit risk, duration, convexity, or changing market rates. Real finance decisions can also depend on fees, timing, local rules, credit details, and provider-specific terms.
No. The calculator runs in your browser tab. Recent answers stay only on the page while you use it, and they are not sent to a server.