What is the Texas prejudgment interest rate?

As of July 9, 2026, Texas Prejudgment Interest Rate is 6.75% per year. Texas prejudgment interest — the same rate as its post-judgment interest.

Texas Prejudgment Interest Rate

United States Texas prejudgment interest — the same rate as its post-judgment interest.

Current rate

6.75% per year — the same rate as post-judgment interest, effective July 9, 2026
Set by statute Same rate as post-judgment

Texas applies the same rate to prejudgment interest as to post-judgment interest — currently 6.75% per year under Tex. Fin. Code Sec. 304.102. STATUTORY prejudgment interest (Tex. Fin. Code Subch. B) applies ONLY to wrongful death, personal injury, and property damage cases (Sec. 304.102).

When Texas prejudgment interest applies

STATUTORY prejudgment interest (Tex. Fin. Code Subch. B) applies ONLY to wrongful death, personal injury, and property damage cases (Sec. 304.102). (2) Prejudgment interest may NOT be assessed or recovered on an award of FUTURE damages (Sec. 304.1045) — bars interest on future/not-yet-accrued losses.

When it starts accruing

Sec. 304.104: accrues beginning on the EARLIER of (a) the 180th day after the date the defendant receives written notice of a claim, or (b) the date suit is filed; and ends on the day preceding the date judgment is rendered. Common-law claims use the same accrual rule per Kenneco.

Simple or compound

Simple. Sec. 304.104 expressly states prejudgment interest is computed as simple interest and does not compound. (Note: postjudgment interest under Sec. 304.006 compounds annually, but prejudgment interest is simple.).

How the rate is set

Prime rate (per Fed Board of Governors) with a 5% minimum and 15% maximum; published monthly by the Texas OCCC. Rate is fixed as of the date of judgment. Current = 6.75% (July 2026).

→ Compare with the Texas post-judgment interest rate (interest after judgment)

Prejudgment interest under Tex. Fin. Code Sec. 304.102 — 6.75% (simple interest). This is PREjudgment interest (accruing before entry of judgment) and is separate from Texas’s post-judgment rate; availability is limited by claim type (see the page). Current formula value as of 2026-07-09; verify at statutes.capitol.texas.gov. Not legal advice.

Effective-date history

1 data point on record. Full history in the JSON API.
Effective date	Rate	Basis
July 9, 2026	6.75%	Statute

Source & provenance

Latest value retrieved July 10, 2026 (02:55 UTC) from the official source:
https://statutes.capitol.texas.gov/Docs/FI/pdf/FI.304.pdf

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.