Damages Interest

Get the interest figure instantly, with every step of the calculation.

Enter the damages, the key dates and any interim payments. General damages earn 5.33% a year from the originating claim date, and special damages 2.67% a year from the accident. We email you the Excel file.

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Your inputs

General damagesS$40,000.00
Special damagesS$12,000.00
Accident22 Apr 2024
Originating claim17 Apr 2025
Judgment9 Oct 2026

Interest

Item	Amount
General damages, 540 days at 5.33%	S$3,154.19
Special damages, 900 days at 2.67%	S$790.03
Total interest	S$3,944.22

Simple interest on a 365-day year

Damages Interest.xlsx

You provide

The general and special damages
The accident dateSpecial damages earn interest from this date.
The originating claim dateGeneral damages earn interest from this date. Without it, they earn none.
The settlement or judgment date
Any interim payments, with their datesEach is applied to special damages first, then general damages.

You get

The interest with its workingEach period's days, rate and interest, for general and special damages separately.
An Excel file by emailReady to attach or adapt.