New Mexico post-judgment interest rate
United States New Mexico’s statutory judgment interest rate.
→ All New Mexico judgment & prejudgment interest rates
Fixed by statute
2026 New Mexico post-judgment interest at a glance
- Current rate
- 8.75% / 15% per year
- Effective date
- June 18, 1993
- Controlling authority
- N.M. Stat. Ann. § 56-8-4
- Rate basis
- Fixed by statute
- Source checked
- August 16, 2026
- Recorded history
- 1 data point
New Mexico generally applies 8.75% per year from entry to judgments and decrees for payment of money under NMSA 1978 §56-8-4. A written instrument may supply a different rate no higher than the rate it states. Judgments based on tortious conduct—including negligence under published New Mexico decisions—bad faith, or intentional or willful acts use 15%. The state and its political subdivisions are exempt unless another statute or common-law rule provides otherwise.
How New Mexico post-judgment interest works
Which rate applies
The general rate is 8.75% on judgments and decrees for the payment of money. A judgment rendered on a written instrument may use a different rate, but no higher than the instrument specifies. A judgment based on tortious conduct, bad faith, or intentional or willful acts uses 15%; published New Mexico authority says tortious conduct includes negligence. The state and its political subdivisions are exempt unless another statute or common-law rule provides otherwise.
When interest accrues
Section 56-8-4(A) makes post-judgment interest run from entry of a judgment or decree for payment of money. Published New Mexico authority treats that award as mandatory for a qualifying money judgment, although another statute, common law, or a special payment schedule can alter the result for a particular judgment.
Compounding and rate lock
Section 56-8-4 states annual rates but does not specify a universal post-judgment compounding method, day-count denominator, or partial-payment allocation rule. Its official annotations reject monthly compounding for prejudgment interest and interest-on-interest before judgment without separate authorization, but those decisions do not establish every post-judgment calculation rule. The calculator remains disabled. An annotation about selecting the statutory rate when an action became pending concerns prejudgment interest and is not presented here as a universal post-judgment rule.
Official history coverage
The official annotated statute says the amendment effective June 18, 1993 reduced the general rate from 15% to 8.75%. The May 19, 2004 amendment changed the unpaid-child-support proviso in the prejudgment subsection, not the general 8.75% post-judgment rate. NMOneSource provides historical statutory editions dating to 1989, but the page does not infer a complete older timeline until those editions and session laws are independently reviewed.
→ Calculate interest at this rate
→ See New Mexico’s prejudgment interest rate (interest before judgment — different rules)
Current recorded observation
| Effective date | Rate | Basis |
|---|---|---|
| June 18, 1993 | 8.75% / 15% | Statute |
Source & provenance
Observation recorded August 16, 2026 (00:00 UTC) from the cited source (New Mexico Compilation Commission — NMOneSource (official)):
https://nmonesource.com/nmos/nmsa/en/item/4418/index.do
Cite this page
StatuteRates. “New Mexico Judgment Interest Rate.” StatuteRates.com. Accessed today. https://statuterates.com/rates/new-mexico-judgment-rate/ Rate recorded under N.M. Stat. Ann. § 56-8-4, effective June 18, 1993.