This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Interest in Connecticut

In Connecticut, post-judgment interest on money judgments is set by statute at 10% per year. This rate is established under Conn. Gen. Stat. § 37-3a, which governs interest on judgments and decrees. The interest begins to accrue from the date the judgment is entered unless the court orders a different start date under specific circumstances. Section 37-1 provides additional rules for interest rates in contracts, while § 37-3b addresses interest on arbitration awards. The official source contains the complete statutory text, including any exceptions or adjustments to the rate. The worked example below demonstrates how the 10% figure applies to a judgment over time. To estimate interest in a specific case, use the DocketMath calculator with the relevant judgment details.

Interest calculation example

For a Connecticut this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Conn. Gen. Stat. § 37-1, § 37-3a, § 37-3b (https://www.cga.ct.gov/current/pub/chap_673.htm).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

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 Connecticut this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Conn. Gen. Stat. § 37-1, § 37-3a, § 37-3b (https://www.cga.ct.gov/current/pub/chap_673.htm).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

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

Estimate your own result: every situation has exceptions that can change the outcome. Use the interest calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.