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 Louisiana

In Louisiana, the legal rate of interest on a money judgment is set by statute and currently stands at 7.5% per annum. This rate is governed by La. R.S. 13:4202 and La. Civ. Code art. 2000, which together dictate how post-judgment interest accrues. The rate is fixed by the Louisiana Office of Financial Institutions and applies from the date the judgment is signed until it is fully paid. The calculation is straightforward: the principal amount of the judgment is multiplied by the annual rate, then prorated for the actual time the judgment remains unpaid. The worked example below illustrates how this formula operates over a specific period. To estimate interest on a particular judgment, use the DocketMath calculator to generate an accurate figure.

Interest calculation example

For a Louisiana this interest calculation, use the verified rate from the current rule packet: 7.5%. The verified packet cites La. R.S. 13:4202; La. Civ. Code art. 2000 (https://ofi.la.gov/legal/statutes-rules-policies-opinions/judicial-interest-rates/).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 7.5% = 0.075
• Multiply principal by the rate and the day fraction.
• Example interest: $750.00

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 Louisiana this interest calculation, use the verified rate from the current rule packet: 7.5%. The verified packet cites La. R.S. 13:4202; La. Civ. Code art. 2000 (https://ofi.la.gov/legal/statutes-rules-policies-opinions/judicial-interest-rates/).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 7.5% = 0.075
• Multiply principal by the rate and the day fraction.
• Example interest: $750.00

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.