New York Judgment Interest Rate
United States The default interest rate on New York judgments.
Current rate
9% per year — current statutory rate (official text verified July 10, 2026) Set by statute
New York judgments generally accrue interest at 9% per year under CPLR 5004 — one of the highest statutory rates in the country. The major exception: since April 30, 2022, judgments arising out of consumer debt against individuals accrue only 2% (see the companion consumer-debt series). Other statutes can set different rates for specific defendants, so always check the governing provision.
→ Calculate interest at this rate
→ See New York’s prejudgment interest rate (interest before judgment — different rules)
Statutory basis & carve-outs. General rate under CPLR 5004(a): 9% per annum "except where otherwise provided by statute". Treated as simple interest in NY practice. For judgments arising out of CONSUMER DEBT against a natural person the rate is 2% (see the companion consumer-debt series). Effective date shown is when the current statutory scheme took effect (L.2021 ch.831, eff. Apr 30, 2022); the 9% general rate long predates it. Verify against the statute; not legal advice.
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| April 30, 2022 | 9% | Statute |
Source & provenance
Latest value retrieved July 10, 2026 (02:55 UTC) from the official source:
https://www.nysenate.gov/legislation/laws/CVP/5004
Reference data only — not legal, tax, or financial advice. Always confirm the controlling value
against the official source and, where applicable, the governing statute or court before relying on it.