Yield to Maturity Calculator
Result
Yield to Maturity (YTM) Convert Yield to Maturity (YTM) instantly. Enter any value in Yield to get the exact equivalent in Maturity (YTM), with the conversion formula, worked example and quick reference points s — free online calculator.
Formula
- Yield to Maturity Calculator calculates its result from Coupon, Periods, Future Value, Price. It uses the formula YTM ≈ (Coupon + (FV−Price)/n) / ((FV+Price)/2) × 100%. Change any input to recalculate the result instantly.
- The main inputs are Coupon, Periods, Future Value, Price. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Yield to Maturity
- Coupon: 2
- Periods: 3
- Future Value: 4
- Price: 5
Using Coupon = 2, Periods = 3, Future Value = 4, Price = 5, the calculated result is 0.3703703704.
Sample result: Calculating…
Frequently asked questions
What does the Yield to Maturity calculate?
Yield to Maturity (YTM) Convert Yield to Maturity (YTM) instantly. Enter any value in Yield to get the exact equivalent in Maturity (YTM), with the conversion formula, worked example and quick reference points s — free online calculator.
Which values should I enter?
Enter Coupon, Periods, Future Value, Price using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: YTM ≈ (Coupon + (FV−Price)/n) / ((FV+Price)/2) × 100%.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.