Tennessee judgment & prejudgment interest rates
Everything Tennessee charges in interest on a money judgment or an overdue debt, in one place — the rate after judgment and the rate before it, each verified against the statute and linked to its full page with sources, history, and carve-outs.
| Metric | Rate | Basis |
|---|---|---|
| Post-judgment interest | 8.75% | Set by statute |
| Prejudgment interest | 10% | Discretionary |
Post-judgment interest
Tennessee's post-judgment interest rate is 8.75% per year. Tennessee post-judgment interest under Tenn. Code §47-14-121 is the "formula rate" (the weekly-average prime rate announced by the state Commissioner of Financial Institutions) minus 2 percentage points, fixed when the judgment is entered — currently 8.75%, as simple interest.
→ Full Tennessee post-judgment page — statute, effective-date history, and source.
Prejudgment interest
Tennessee's prejudgment interest rate is 10% per year (discretionary). In Tennessee, prejudgment interest is discretionary: a court may award it, and when it does the rate is 10% per year under Tenn. Code Ann. § 47-14-123. Discretionary, not mandatory — awarded "in accordance with the principles of equity." NOT limited to contract claims: available for both contract and tort/other actions, but the key…
→ Full Tennessee prejudgment page — when it applies, accrual, compounding, and carve-outs.
Frequently asked
What is the post-judgment interest rate in Tennessee?
As of July 1, 2026, the Tennessee post-judgment interest rate is 8.75% per year. Tennessee judgment interest — the formula rate minus 2 points.
What is the prejudgment interest rate in Tennessee?
Tennessee's prejudgment interest rate is 10% per year (discretionary). Discretionary, not mandatory — awarded "in accordance with the principles of equity." NOT limited to contract claims: available for both contract and tort/other actions, but the key…
Is Tennessee judgment interest simple or compound, and when does it start?
See each rate's page for the exact compounding rule, accrual date, and statutory carve-outs — Tennessee prejudgment interest in particular turns on the type of claim.
Compare every state on the state interest-rate index and the prejudgment interest index, or run the numbers with our interest calculators. Reference data only — not legal advice.