⚖️ Post Judgment Interest Calculator
Calculate interest on court judgments
Statutory rate set by state law (varies by state)
How to Use This Calculator
Enter Judgment Amount
Input the judgment amount - the amount awarded by the court.
Enter Interest Rate
Enter the annual interest rate. This is typically set by state statute and varies by state (often 5-12% annually). Check your state's laws for the applicable rate.
Enter Dates
Enter the judgment date (when the court entered the judgment) and the payment date (when payment is made, or use today's date to calculate current interest).
Review Interest Calculation
See the total interest accrued, total amount owed (judgment + interest), and daily interest. This helps you understand the total amount due on a judgment.
Formula
Simple Interest = Principal × Rate × Time
Daily Interest = Principal × (Rate ÷ 365)
Example Calculation:
If judgment $10,000, rate 10%, judgment date Jan 1, 2023, payment date Jan 1, 2024 (365 days):
• Time = 365 days = 1 year
• Interest = $10,000 × 10% × 1 = $1,000
• Total amount = $10,000 + $1,000 = $11,000
• Daily interest = $10,000 × (10% ÷ 365) = $2.74/day
About Post Judgment Interest Calculator
A post judgment interest calculator helps you calculate interest on court judgments from the judgment date until payment is made. Post judgment interest is interest that accrues on a court judgment after the judgment is entered, calculated at a statutory rate set by state law. This interest compensates the judgment creditor for the time between when the judgment is entered and when it's paid. Understanding post judgment interest helps both creditors and debtors understand the total amount owed on a judgment.
When to Use This Calculator
- Judgment Collection: Calculate total amount due on a judgment
- Debt Settlement: Understand total amount owed including interest
- Legal Planning: Plan for judgment payment
- Interest Tracking: Track interest accruing on judgments
Understanding Post Judgment Interest
- Statutory Rate: Set by state law (typically 5-12% annually)
- Simple Interest: Calculated on judgment amount from judgment date
- Accrual: Interest accrues daily until payment
- State Variation: Rates and calculation methods vary by state
Why Use Our Calculator?
- ✅ Interest Calculation: Calculate interest on judgments
- ✅ Total Amount: See total amount owed including interest
- ✅ Daily Interest: See daily interest accrual
- ✅ Legal Planning: Plan for judgment payment
- ✅ 100% Free: No registration or payment required
Frequently Asked Questions
What is post judgment interest?
Post judgment interest is interest that accrues on a court judgment after the judgment is entered, from the judgment date until payment is made. It compensates the judgment creditor for the time between judgment and payment. The interest rate is typically set by state statute.
What is the post judgment interest rate?
Post judgment interest rates are set by state law and vary by state. Typical rates range from 5-12% annually, though some states have different rates or calculation methods. Check your state's statutes for the applicable rate. Some states also allow contractual interest rates if specified in the original contract.
How is post judgment interest calculated?
Post judgment interest is typically calculated as simple interest on the judgment amount from the judgment date until payment. Formula: Interest = Judgment Amount × Annual Rate × (Days ÷ 365). Some states use different calculation methods, so check your state's laws.
Does interest continue to accrue if I don't pay?
Yes, post judgment interest continues to accrue daily until the judgment is paid in full. The longer you wait to pay, the more interest accrues. This is why it's important to settle judgments promptly to minimize interest costs.