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 Idaho

In Idaho, the statutory interest rate on a money judgment is set at 9.125% per year under Idaho Code § 28-22-104. This rate applies from the date the judgment is entered until it is fully satisfied. The legislature specifies this rate as a fixed percentage, meaning it does not fluctuate with market conditions. Idaho law does not provide for tiered or variable rates; the single rate governs all civil judgments unless a different contractual rate applies. The worked example below demonstrates how this rate is applied to a judgment amount over time. For an estimate of interest on a specific judgment, the DocketMath calculator can compute the total using the official rate and judgment date.

Interest calculation example

For a Idaho this interest calculation, use the verified rate from the current rule packet: 9.125%. The verified packet cites Idaho Code § 28-22-104 (https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch22/sect28-22-104/).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 9.125% = 0.09125
• Multiply principal by the rate and the day fraction.
• Example interest: $912.50

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 Idaho this interest calculation, use the verified rate from the current rule packet: 9.125%. The verified packet cites Idaho Code § 28-22-104 (https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch22/sect28-22-104/).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 9.125% = 0.09125
• Multiply principal by the rate and the day fraction.
• Example interest: $912.50

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.