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 Georgia

In Georgia, the legal rate of interest on a judgment is set by statute at 15 percent per year. This rate is established under O.C.G.A. §§ 7-4-12 and 7-4-2, which govern post-judgment interest, and is further addressed by § 51-12-14 for certain tort judgments. The interest accrues on the full amount of the judgment from the date it is entered until paid in full. The statute does not require a separate motion or filing; the rate applies automatically. The worked example below illustrates how this percentage is applied over time. For a calculation specific to a particular judgment amount and duration, the DocketMath calculator can provide an estimate. The official source for the complete statutory language is linked above.

Interest calculation example

For a Georgia this interest calculation, use the verified rate from the current rule packet: 15%. The verified packet cites O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14 (https://unicourt.github.io/cic-code-ga/transforms/ga/ocga/r85/gov.ga.ocga.title.07.html#t07c04).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 15% = 0.15
• Multiply principal by the rate and the day fraction.
• Example interest: $1,500.00

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 Georgia this interest calculation, use the verified rate from the current rule packet: 15%. The verified packet cites O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14 (https://unicourt.github.io/cic-code-ga/transforms/ga/ocga/r85/gov.ga.ocga.title.07.html#t07c04).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 15% = 0.15
• Multiply principal by the rate and the day fraction.
• Example interest: $1,500.00

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.