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 Kentucky

In Kentucky, the post-judgment interest rate on a civil judgment is set by statute. Under KRS § 360.040 and KRS § 360.010, the legal rate of interest is 6% per annum, and this rate applies to judgments unless a different rate is specified in a contract between the parties. The interest accrues from the date the judgment is entered until it is paid in full. The calculation is based on the principal amount of the judgment multiplied by the statutory rate over time. The official source, KRS § 360.040, provides the full rule, including any exceptions. The worked example below demonstrates how this interest is computed. Use the DocketMath calculator to estimate the interest on a specific judgment.

Interest calculation example

For a Kentucky this interest calculation, use the verified rate from the current rule packet: 6%. The verified packet cites KRS § 360.040; KRS § 360.010 (https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45033).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 6% = 0.06
• Multiply principal by the rate and the day fraction.
• Example interest: $600.00

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 Kentucky this interest calculation, use the verified rate from the current rule packet: 6%. The verified packet cites KRS § 360.040; KRS § 360.010 (https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45033).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 6% = 0.06
• Multiply principal by the rate and the day fraction.
• Example interest: $600.00

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.