Bond Calculators Key Terms

Know what bond calculators can show you about your savings bond
By Andrea Buginsky, Freelance Writer There are many different types of bond calculators you can use to keep track of many different types of bonds: a bond duration calculator, a bond amortization calculator, a bond derivative calculator, a savings bond calculator and a bond value calculator.
 

When you purchase a savings bond, the most common bond calculators you want to use are savings bonds calculators and bond valuation calculators. By learning about some of these bond calculators key terms, you can keep better track of your bonds.

1. Learn what a savings bond calculator can tell you about your savings bond.

2. Learn what bond valuation calculators can tell you about your savings bond.

3. Know where you can find a free online bond calculator to keep track of your bond yield.

Find a savings bond calculator

A savings bond is typically the type of bond that you will invest in. You want to be able to keep track of your bond's maturity, interest rates and regulations. Using a savings bond calculator will allow you to keep track of your savings bond, and know exactly what's happening with it. By learning about these calculators, and calculating bonds you own yourself, you can save yourself time and money.
Try: TreasuryDirect allows you to calculate the value of your savings bond online for free. SavingsBonds.com takes all of the information on your savings bond and puts it into an easy-to-read online report.

Find a bond value calculator

Bond valuation determines the fair price of a bond, which is the present value of cash flow it's expected to generate. Discounting the expected cash flows of the bond to the present using the appropriate discount rate is how you can determine the present value. You can also use bond value calculators to determine your savings bond valuation.
Try: Business Finance Online offers a free bond value calculator. Bond Valuation provides details of your bond's calculations and bond valuation problems.

Use online bond calculators to determine your bond yield

Your bond yield is an important aspect of your bonds. Using bond calculators to calculate your bond yield can help you determine the current value of your bond, and how much it will be worth at maturity. You can use other convenient online bond calculators to determine more information about your bond and what it's worth. Most online bond calculators allow you to check the price of different types of bonds. You can use many of these services free-of-charge.
Try: MoneyChimp offers a Bond Yield Calculator that can show you your bond's current yield and yield to maturity. Money-Zine.com also has an online calculator that helps you determine your bond yield.

• If you have other types of bonds, you'll want to learn how to do the bond calculations on them as well.