HOW TO CALCULATE POST JUDGMENT INTEREST
HOW TO CALCULATE POST JUDGMENT INTEREST
1. Take your judgment amount and multiply it by your post judgment rate (%). 2. Take the total and divide it by 365 (the number of days in a year). 3. You will end up with the amount of post judgment interest per day. The amount per day is
multiplied by the number of days from your date of judgment to the date you file your execution. This gives you your post judgment interest.
Example: Amount of Judgment $1500.00 Post Judgment Interest 8.25%
$1500.00 X 8.25% = $123.75 $123.75/365 days = $.33 per day $.33 is multiplied by the number of days from judgment until filing execution.
**Post judgment interest accrues only on the unpaid balance of the judgment**
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- how to calculate post judgment interest
- interest rate reduction refinancing loan worksheet
- how daily simple interest works onemain financial
- standard formulas for the analysis of mortgage
- mortgage payments and the tvm solver
- explanation and example of the rule of 78 for instalment loans
- financial math on spreadsheet and calculator version 4
- user s guide timevalue software
- excel exercise 3 mortgage worksheet mortgage
Related searches
- how to calculate interest only loan payments
- how to calculate interest compounded quarterly
- how to calculate interest rate on loan
- how to calculate loan interest in excel
- how to calculate interest on a cd
- how to calculate car loan interest rate
- how to calculate interest on a loan
- how to calculate credit card interest charges
- how to calculate the effective interest rate
- how to calculate principal and interest excel
- how to calculate post allowance
- how to calculate per annum interest monthly