Judge Arthur Engoron ordered Trump and companies he controls to pay $454.2 million plus interest in the civil fraud case, in which he and his associates were found liable for fraudulently inflating the value of assets on financial statements for personal gain.
That $454.2 million total—which includes pre-judgment interest—goes up by $111,984 per day, $3.4 million per month and $40.9 million per year, based on a 9% annual interest rate.
That means Trump owes approximately $478.2 million as of Wednesday, as calculated using a penalty calculator created by Associated Press journalist Mike Sislak—meaning his total has already increased by $24 million in the seven months since the judgment was posted on Feb. 23.
The interest will continue to accrue until Trump pays the full judgment, even as he appeals the ruling and the appeals court deliberates on the case.
Trump has already posted a $175 million bond in the case—as a court agreed to lower the amount after Trump’s lawyers argued he couldn’t pay the full bond—but he will still be on the hook for the entire amount he owes, including interest, once the appeals process concludes, if Engoron’s ruling isn’t overturned.
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