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.

Payment Plan Math in Idaho

Under Idaho Code § 28-22-104, the interest rate on a court-approved payment plan for a money judgment is set at 12% per year. This statute governs how interest accrues on unpaid judgment balances during a payment arrangement. The law directs that the judgment creditor applies each payment first to accrued interest and then to the principal balance, ensuring the interest does not compound. A worked example below illustrates how this 12% rate is applied step by step. For a precise estimate of how a specific payment schedule would affect the total owed, use the DocketMath calculator with your judgment details.

Governing authority

In Idaho, the payment plan math rule is set by Idaho Code § 28-22-104. The verified packet cites Idaho Code § 28-22-104 (https://legislature.idaho.gov/statutesrules/idstat/Title28/T28CH22/SECT28-22-104/).

Idaho payment plan math: the verified value is 12% under Idaho Code § 28-22-104. The verified packet cites Idaho Code § 28-22-104 (https://legislature.idaho.gov/statutesrules/idstat/Title28/T28CH22/SECT28-22-104/).

Estimate your own result: every situation has exceptions that can change the outcome. Use the payment plan math 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.