Statutory and default interest

The calculator shows simple interest only for periods whose rate is on the verified table. From 31 July 2026 statutory interest is eighty percent of the referenced TCMB rediscount rate. Commercial default uses the advance rate in Article 2 of Law 3095. An older fixed percent is not filled in.

When to use it

Use it to compare a principal on a payment order, an enforcement order, or a cover account with your own dates. This page does not choose an objection deadline, the competent office, or a sale.

Method

Interest is simple: principal times the rate times the days, divided by 365. Half a kuruş rounds up. A rate change splits the period. The same day is zero days. There is no compound interest.

How to read the result

The day count does not include the end date. 29 February counts as a day and does not change the divisor. A payment is not written onto a head you did not select. A cost line with no official amount was not taken from a tariff.

Common mistakes

Counting the end date as well.
Assuming every partial payment reduces principal.
Treating an unverified fee as the tariff.

Enforcement and bankruptcy · Legal papers

Short questions

Is this the enforcement office account?

No. The cover depends on the interest type, the costs, and the order of allocation. This page is an estimate.

Why is there no rate for an older date?

A statutory percent before 31 July 2026 is not calculated unless that decision amount is in the verified table. Enter your own rate for that period.

Why can a cost line stay empty?

A current fee or attorney-fee tariff amount is not added when it has not been verified. You can type the figure from the file.

Last review: 2026-11-13. Av. Ayşenur Konar. The legal review does not replace the file account.