Free Tools / Calculators / Bond Ladder · Free

Bond Ladder Builder

Split an amount across evenly-spaced maturities — Treasuries, CDs, or bonds — and see the maturity schedule, projected income, and when each rung frees up to roll. Pure browser math — nothing is sent to a server. Share a ladder by copying the URL.

Ladder

Maturity Schedule

RungMaturesPrincipalIncome / yrAt maturity

Fixed income is one sleeve — see the whole book

Pair the ladder with the equity sleeve and check the combined risk:

How the math works

Rungs — principal splits evenly: each rung gets amount / rungs. Rung k matures in k × spacing months from today.

Income — each rung earns principal × APY per year while outstanding; "At maturity" shows principal plus simple interest accrued over that rung's life (principal × (1 + APY × years) — a planning approximation; actual instruments compound or pay coupons per their own terms).

Weighted average maturity — principal-weighted mean of the rung maturities; the ladder's effective duration proxy.

The roll — when the shortest rung matures, reinvest it at the ladder's long end to keep the structure rolling. Spacing = how often cash frees up; rungs × spacing = how far out the long end sits.

What this omits — price risk if sold before maturity, coupon-vs-zero mechanics, callable bonds, credit risk, and taxes (Treasury interest is state-tax-exempt; CD interest is not).