Judgment Interest Calculator Guide for Massachusetts

Interest calculation example

For a US-MA this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites Mass. Gen. Laws ch. 231 § 6B, § 6C; ch. 235 § 8 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6c).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-MA this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites Mass. Gen. Laws ch. 231 § 6B, § 6C; ch. 235 § 8 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6c).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-MA this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites Mass. Gen. Laws ch. 231 § 6B, § 6C; ch. 235 § 8 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6c).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.

Interest calculation example

For a US-MA this interest calculation, use the verified rate from the current rule packet: 3.66%. The verified packet cites Mass. Gen. Laws ch. 231 § 6B, § 6C; ch. 235 § 8 (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6c).

Example inputs:

• Principal: $10,000
• Days in calculation period: 365

Calculation:

• Convert the rate to a decimal: 3.66% = 0.0366
• Multiply principal by the rate and the day fraction.
• Example interest: $366.00

This example is generated from verified packet facts. Confirm compounding, judgment date, and case-specific accrual before relying on the amount.