Statutory interest

Accrues prejudgment or post-judgment interest on a principal amount over a date range, at the statutory rate you enter for the jurisdiction, and produces an interest computation showing the per-diem accrual.

Judgment and rate
$

The tool does not assume a rate.

Accrual period
Method
Accrual method

Most judgment interest is simple. Use compounding only where the statute expressly requires it.

Day-count basis
Interest computation
Per-diem accrualContinues until paid $0.00 per day
Total now duePrincipal and interest
$0.00

Before you rely on this statement

  • This computation is a calculation aid and is not legal advice.
  • Statutory rates change. Interest rates, accrual rules and day-count conventions are set by statute and court order and differ by state, jurisdiction and judgment type. Confirm the current rate from the controlling statute or court order.
  • The user is responsible for supplying the correct rate and method, and should verify the result against the controlling authority before filing or collecting.

Figures are computed on this computer. Saved matters are encrypted with your firm’s key before they leave it. Data handling · Terms of service