Texas Abstract of Judgment - Form | Post-Judgment Interest Rates
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FAQ
HOW TO CALCULATE POST JUDGMENT INTEREST Take your judgment amount and multiply it by your post judgment rate (%). Take the total and divide it by 365 (the number of days in a year). You will end up with the amount of post judgment interest per day.
Post-judgment interest does compound annually.
Post-Judgment Interest Rates - 2022 Week EndingRate (%)7/29/20223.018/5/20223.128/12/20223.288/19/20223.2510 more rows
Interest begins to accrue on the amount of costs added to a judgment from the date ordered by the court or from the date costs are allowed following expiration of the time to object. (Code Civ. Proc., § 685.070(d).) Also, upon renewal of a judgment, interest begins to accrue on the day the renewed judgment is entered.
Generally, any unpaid principal balance collects interest at 10%, or 7% if the debtor is a government agency. This general rule applies to any judgment against a business or government agency, or when the debtor owes $200,000 or more.
HOW TO CALCULATE POST JUDGMENT INTEREST Take your judgment amount and multiply it by your post judgment rate (%). Take the total and divide it by 365 (the number of days in a year). You will end up with the amount of post judgment interest per day.
The post-judgment interest rate for judgments entered from May 15 through is: 4.75%. 2023 rates may be found here. Historic rates from 2000 - 2022 can be found here.
In Texas, interest rates are statutorily limited to 6 percent, or 18 percent for interest rates on judgments.