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 Maryland

In Maryland, the post-judgment interest rate is 10% per year, as set by Md. Code, Cts. & Jud. Proc. § 11-107. This statutory rate applies automatically to all money judgments entered in state court, running from the date the judgment is entered until it is paid in full. The law does not require a party to request this interest; it accrues by operation of law. The statute does provide for a different rate in certain limited circumstances, but the general rule is the 10% figure. The worked example below illustrates how that rate is applied over time. To estimate interest on a specific judgment, use the DocketMath calculator.

Interest calculation example

For a Maryland this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Md. Code, Cts. & Jud. Proc. § 11-107 (https://mgaleg.maryland.gov/mgawebsite/laws/StatuteText?article=gcj&section=11-107).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

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 Maryland this interest calculation, use the verified rate from the current rule packet: 10%. The verified packet cites Md. Code, Cts. & Jud. Proc. § 11-107 (https://mgaleg.maryland.gov/mgawebsite/laws/StatuteText?article=gcj&section=11-107).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 10% = 0.1
• Multiply principal by the rate and the day fraction.
• Example interest: $1,000.00

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.