Judgment Interest Statutory
Calculator

Inputs

Years elapsed (capped)
1.369863

Results

Years elapsed (capped)
1.369863
Simple interest accrued
2,465.753424
Total amount owed
32,465.753424

Legal and admin results

Years elapsed (capped)1.369863
Simple interest accrued2,465.753424
Total amount owed32,465.753424

formula-map diagram

Years elapsed (capped)
1.369863
Simple interest accrued
2,465.753424
Total amount owed
32,465.753424

Legal and admin relationship

Formula

Interest = principal × statutory rate × min(years elapsed, cap)

= 1.3698630136986

Note

This is NOT legal advice and NOT a statement of any law. It is generic arithmetic: it applies the displayed formula to the figures you entered, and every rate, fraction, factor, cap and threshold shown is a value YOU supply, not a statutory or court-approved figure. No jurisdiction's rule is built in. Real entitlements, fees, interest, support amounts and deadlines depend entirely on the jurisdiction, the wording of the contract, the day-count and rounding conventions the court applies, and the facts of the case. Use these figures only as a rough arithmetic check and consult a qualified lawyer in the relevant jurisdiction before relying on any number.

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