## Texas interest rules

This source-backed guide covers US-TX interest authority (Tex. Fin. Code § 304.003; Tex. Fin. Code § 302.002; Texas OCCC Current Rates). It certifies only the quoted source-backed rules below; related interest categories remain outside this page unless they are expressly listed in the receipt.

## Tex. Fin. Code § 304.003; Tex. Fin. Code § 302.002; Texas OCCC Current Rates

US-TX interest controlling authority under Tex. Fin. Code § 304.003; Tex. Fin. Code § 302.002; Texas OCCC Current Rates.

> **304.003.** Sec. 304.003. JUDGMENT INTEREST RATE: INTEREST RATE OR TIME PRICE DIFFERENTIAL NOT IN CONTRACT. (a) A money judgment of a court of this state to which Section 304.002 does not apply, including court costs awarded in the judgment and prejudgment interest, if any, earns postjudgment interest at the rate determined under this section.

## Use the calculator

DocketMath's interest calculator can model interest scenarios once you identify the controlling jurisdiction, amount, rate type, and accrual date. Use the source panel for the verified source-backed rule.

[Open the Interest calculator](/tools/interest)

## Sources

- [304.003 — Tex. Fin. Code § 304.003; Tex. Fin. Code § 302.002; Texas OCCC Current Rates](https://tcss.legis.texas.gov/resources/FI/htm/FI.304.htm#304.003)

All sources are official primary law published by `tcss.legis.texas.gov`.

**Corroboration method:** government_primary_source_direct_fetch.


Local rule variations that can change interest results in Texas.

How interest rules vary in Texas

Receipt-backed Texas interest surface. The current receipt certifies judgment interest, postjudgment accrual and compounding, specified prejudgment-interest rules, the May 2026 OCCC postjudgment rate, and the no-agreed-rate legal-interest rule only.

Sec. 304.003. JUDGMENT INTEREST RATE: INTEREST RATE OR TIME PRICE DIFFERENTIAL NOT IN CONTRACT. (a) A money judgment of a court of this state to which Section 304.002 does not apply, including court costs awarded in the judgment and prejudgment interest, if any, earns postjudgment interest at the rate determined under this section.

Sec. 304.005. ACCRUAL OF JUDGMENT INTEREST. (a) Except as provided by Subsection (b), postjudgment interest on a money judgment of a court in this state accrues during the period beginning on the date the judgment is rendered and ending on the date the judgment is satisfied.

Sec. 304.103. PREJUDGMENT INTEREST RATE FOR WRONGFUL DEATH, PERSONAL INJURY, OR PROPERTY DAMAGE CASE. The prejudgment interest rate is equal to the postjudgment interest rate applicable at the time of judgment.

Sec. 302.002. ACCRUAL OF INTEREST WHEN NO RATE SPECIFIED. If a creditor has not agreed with an obligor to charge the obligor any interest, the creditor may charge and receive from the obligor legal interest at the rate of six percent a year on the principal amount of the credit extended beginning on the 30th day after the date on which the amount is due.

If a creditor has not agreed with an obligor to charge the obligor any interest, the creditor may charge and receive from the obligor legal interest at the rate of six percent a year on the principal amount of the credit extended beginning on the 30th day after the date on which the amount is due.

For Texas interest pages, use Finance Code section 304.003 and the OCCC current-rate publication for postjudgment rate, sections 304.005 and 304.006 for postjudgment accrual and compounding, sections 304.103 and 304.104 for prejudgment interest in wrongful-death, personal-injury, and property-damage cases, and section 302.002 for legal interest when no rate is agreed.

interest in US-TX is governed by Tex. Fin. Code § 304.003; Tex. Fin. Code § 302.002; Texas OCCC Current Rates.