Reverse Interest in Maryland
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Maryland reverse-interest: interest rate is 10; max penalty days is 30.
Calculate nowAuthority and key facts
- Interest Rate: 10
- Max Penalty Days: 30
- Max Security Deposit Months: 2
- Rate Type: fixed
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.
Reverse Interest in Maryland
In Maryland, the legal interest rate on judgments is set at 10% per year under Md. Code, Cts. & Jud. Proc. § 11-107(a). This rate applies to money judgments entered by a court, and interest accrues from the date the judgment was entered unless a different rate is specified in a contract. The statute governs the post-judgment interest rate, meaning it applies after the court has issued the final award. The calculation of interest on a judgment follows a simple formula based on the principal amount and the time elapsed. For a clear illustration of how this 10% rate translates into a specific dollar amount over time, see the worked example below. Use the DocketMath calculator to estimate the interest on your own judgment.
Governing authority
In Maryland, the reverse interest rule is set by Md. Code, Cts. & Jud. Proc. § 11-107(a). The verified packet cites Md. Code, Cts. & Jud. Proc. § 11-107(a) (https://mgaleg.maryland.gov/mgawebsite/laws/StatuteText?article=gcj§ion=11-107).
Maryland reverse interest: the verified value is 10% under Md. Code, Cts. & Jud. Proc. § 11-107(a). The verified packet cites Md. Code, Cts. & Jud. Proc. § 11-107(a) (https://mgaleg.maryland.gov/mgawebsite/laws/StatuteText?article=gcj§ion=11-107).
Estimate your own result: every situation has exceptions that can change the outcome. Use the reverse 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.