2026 New Mexico judgment & prejudgment interest rates
Current 2026 snapshot: New Mexico post-judgment interest is 8.75% / 15% per year; the recorded prejudgment reference is 10% / 15% per year.
Everything New Mexico charges in interest on a money judgment or an overdue debt, in one place — the rate after judgment and the rate before it, each recorded with a cited source and linked to its full page with observations, scope, and known carve-outs.
| Metric | Rate or rule | Effective | Authority | Basis |
|---|---|---|---|---|
| Post-judgment interest | 8.75% / 15% | June 18, 1993 | N.M. Stat. Ann. § 56-8-4 | Fixed by statute |
| Prejudgment interest | 10% / 15% | July 9, 2026 | NMSA 1978 §56-8-4(B) (≤10% discretionary); §56-8-3 (15% liquidated/contract) | Discretionary |
Post-judgment interest
New Mexico's post-judgment interest rate is 8.75% / 15% per year. 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.
→ Full New Mexico post-judgment page — N.M. Stat. Ann. § 56-8-4, effective-date history, scope, and official source.
Prejudgment interest
New Mexico's prejudgment interest rate is 10% / 15% per year (discretionary). New Mexico prejudgment interest splits by claim type: up to 10% at the court's discretion for unliquidated claims like personal injury (NMSA 1978 §56-8-4(B)), and 15% as of right for liquidated/contract claims (§56-8-3). (A) MATTER OF RIGHT (Sec.
→ Full New Mexico prejudgment page — NMSA 1978 §56-8-4(B) (≤10% discretionary); §56-8-3 (15% liquidated/contract), when it applies, accrual, compounding, and carve-outs.
Frequently asked
What is the post-judgment interest rate in New Mexico?
As of June 18, 1993, the New Mexico post-judgment interest rate is 8.75% / 15% per year. New Mexico’s statutory judgment interest rate.
What is the prejudgment interest rate in New Mexico?
New Mexico's prejudgment interest rate is 10% / 15% per year (discretionary). (A) MATTER OF RIGHT (Sec.
Is New Mexico judgment interest simple or compound, and when does it start?
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. 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.
Cite this page
StatuteRates. “New Mexico Judgment & Prejudgment Interest Rates.” StatuteRates.com. Accessed today. https://statuterates.com/states/new-mexico/ Each rate includes a cited source and recorded effective date; confirm the controlling authority before use.
Compare every state on the state interest-rate index and the prejudgment interest index, or enter a confirmed rate in the judgment interest and per-diem calculator. Reference data only — not legal advice.