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 Wisconsin

In Wisconsin, the statutory interest rate on judgments, unpaid contract amounts, and certain other obligations is 8.5% per year, as set by Wis. Stat. § 814.04(4). This rate applies to civil judgments and is also referenced in § 138.04 for general interest on money judgments. The statute establishes a fixed annual percentage, meaning interest accrues at that rate from the date the judgment is entered until it is paid. Under § 807.01(4), a party may also recover interest on a settlement offer that is not accepted, calculated from the date the offer was made. The exact computation of accrued interest depends on the principal amount and the time period involved. The worked example below demonstrates this calculation. Use the DocketMath calculator to estimate interest for your specific case.

Interest calculation example

For a Wisconsin this interest calculation, use the verified rate from the current rule packet: 8.5%. The verified packet cites Wis. Stat. § 814.04(4), § 138.04, § 807.01(4) (https://docs.legis.wisconsin.gov/document/statutes/814.04).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 8.5% = 0.085
• Multiply principal by the rate and the day fraction.
• Example interest: $850.00

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 Wisconsin this interest calculation, use the verified rate from the current rule packet: 8.5%. The verified packet cites Wis. Stat. § 814.04(4), § 138.04, § 807.01(4) (https://docs.legis.wisconsin.gov/document/statutes/814.04).

Example inputs:

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

Calculation:

• Convert the rate to a decimal: 8.5% = 0.085
• Multiply principal by the rate and the day fraction.
• Example interest: $850.00

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.