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 Indiana

Indiana sets the statutory interest rate on judgments at 8% per year, as specified by Ind. Code § 24-4.6-1-101. This rate applies to money judgments entered by Indiana courts, running from the date the judgment is entered until it is paid in full. The statute establishes a simple annual interest calculation, meaning the interest accrues on the principal judgment amount only, without compounding. The official source provides the complete text, including any applicable exceptions or adjustments. A worked example below demonstrates how the 8% figure applies over time. For a precise estimate of interest owed on a specific judgment, use the DocketMath calculator, which applies the statutory rate to your case’s principal and dates.

Interest calculation example

For a Indiana this interest calculation, use the verified rate from the current rule packet: 8%. The verified packet cites Ind. Code § 24-4.6-1-101 (https://iga.in.gov/laws/2026/ic/titles/24#24-4.6-1-101).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 8% = 0.08
• Multiply principal by the rate and the day fraction.
• Example interest: $800.00

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 Indiana this interest calculation, use the verified rate from the current rule packet: 8%. The verified packet cites Ind. Code § 24-4.6-1-101 (https://iga.in.gov/laws/2026/ic/titles/24#24-4.6-1-101).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 8% = 0.08
• Multiply principal by the rate and the day fraction.
• Example interest: $800.00

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.