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.

North Dakota Interest Rate on Money Judgments Calculation

In North Dakota, the legal rate of interest on a money judgment is 6% per year, as set by N.D. Cent. Code § 28-20-34. This statute applies to all judgments for the payment of money entered by a state court. The interest accrues from the date the judgment is entered until it is fully satisfied. The rate is fixed by statute and does not fluctuate with market conditions. The law does not specify a compounding method, so interest is calculated as simple interest on the principal amount. The official source provides the complete text of the rule, including any applicable exceptions. To estimate the interest on a specific judgment, use the DocketMath calculator, which applies the statutory rate to your case.

Interest calculation example

For a North Dakota this interest calculation, use the verified rate from the current rule packet: 6%. The verified packet cites N.D. Cent. Code § 28-20-34 (https://ndlegis.gov/cencode/t28c20.pdf).

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 North Dakota this interest calculation, use the verified rate from the current rule packet: 6%. The verified packet cites N.D. Cent. Code § 28-20-34 (https://ndlegis.gov/cencode/t28c20.pdf).

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.