Post-judgment interest by state · Ohio
Ohio · after judgment
Post-judgment interest in Ohio
An unpaid Ohio money judgment earns 7% a year unless the judgment or a contract says otherwise. On a $5,000.00 judgment that is $350.00 in the first year, about $0.96 a day.
How the rate is set
The federal short-term rate for July, rounded to the nearest whole percent, plus 3%, determined by the Tax Commissioner on October 15 for the following calendar year. The rate in effect when a judgment is rendered stays with it until it is paid. The Commissioner's page is script-rendered, so the figure is computed here from the IRS revenue ruling it is based on.
- Statute or rule
- Ohio Rev. Code §5703.47 and §1343.03
- Figure read on 2026-10-23
- July 2025 federal short-term rate 4.12% rounded + 3
- Statute re-checked
- 2026-10-23
- Changes
- calendar 2026
When a different rate applies
- A written contract's rate governs.
- Court of Claims judgments use §2743.18.
Work out your own judgment
Ohio is prefilled at 7%. Enter the amount and the date the judgment was entered. The calculator uses simple interest; that is how this rate accrues.
How Ohio's rate is set, and where it comes from
Uses simple interest at the rate you enter — pre-filled with each state's standard statutory rate, editable since some states publish a new rate quarterly or annually. Some states apply a different rate to specific debt types (noted above where it applies) or when a contract specifies its own rate. Informational only, not legal advice; confirm the current rate and any exceptions with your court clerk before relying on this figure.
The formula, worked
Last reviewed: October 2026
Interest = principal × rate × days ÷ 365. For $5,000.00 at 7%: $5,000.00 × 0.07000 × 365 ÷ 365 = $350.00 after one year, and $0.96 for each further day.
What this page does not know
- The rate written on your judgment. If the court stated a rate, that one applies, whatever the default is today.
- Partial payments. Interest accrues only on what is still unpaid.
- Nothing about older judgments: Ohio fixes the rate when the judgment is entered, so a judgment from an earlier period keeps that period's rate, not the one shown.
Informational only, not legal advice. Every figure is cited to the statute or the office that publishes it; confirm the current rate with the court clerk before relying on it.
Frequently asked questions
What is the post-judgment interest rate in Ohio right now?
7% a year for an ordinary money judgment, for calendar 2026, under Ohio Rev. Code §5703.47 and §1343.03.
How is the Ohio rate set?
The federal short-term rate for July, rounded to the nearest whole percent, plus 3%, determined by the Tax Commissioner on October 15 for the following calendar year. The rate in effect when a judgment is rendered stays with it until it is paid. The Commissioner's page is script-rendered, so the figure is computed here from the IRS revenue ruling it is based on.
Is it simple or compound interest?
Simple interest: it is calculated on the original judgment amount only and never on earlier interest.
Can my Ohio judgment carry a different rate?
Yes. A written contract's rate governs. Court of Claims judgments use §2743.18. The judgment itself may also state a rate, and that controls.
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