Updated September 28, 2026. Quick answer: every 2026 applicable federal rate published so far, month by month, annual compounding: short, mid and long-term AFR plus the 120% mid-term rate, each linked to the revenue ruling that set it. The most recent ruling covers October 2026, which begins October 1, at 4.25% short-term, from Rev. Rul. 2026-19. September has its own page and October has its own page, with the full annual/semiannual/quarterly/monthly table and the section 7520 rate.
Where the rates go next, before the IRS publishes them: the January 2027 AFR rates when the IRS publishes them and the 2027 AFR rates as the IRS publishes them.
The next month, now published: the November 2026 AFR rates.
Last year’s rates and the 7520 series: the 2025 AFR table, the section 7520 rate by month and the August 2026 AFR rates.
The same months a year on, before the IRS publishes them: the February 2027 AFR rates when the IRS publishes them, the March 2027 AFR rates when the IRS publishes them, the April 2027 AFR rates when the IRS publishes them, the May 2027 AFR rates when the IRS publishes them and the June 2027 AFR rates when the IRS publishes them.
The late months of 2027 and the year 2028, before the IRS publishes them: the October 2027 AFR rates when the IRS publishes them, the November 2027 AFR rates when the IRS publishes them, the December 2027 AFR rates when the IRS publishes them and the 2028 AFR rates when the IRS publishes them.
Related guides on this topic: A Family Loan in Your Estate, How Life Settlement Proceeds Are Taxed and Lending Money to Aging Parents.
Every 2026 month
The 120% mid-term rate is included here because it is the figure most often asked for on its own; the plain AFR and the 110%/130%/150%/175% variants for every month are in the annual/semiannual table or the ruling itself.
| Month | Ruling | Short-term AFR | Mid-term AFR | Long-term AFR | 120% mid-term AFR |
|---|---|---|---|---|---|
| January | 2026-2 | 3.63% | 3.81% | 4.63% | 4.57% |
| February | 2026-3 | 3.56% | 3.86% | 4.70% | 4.63% |
| March | 2026-6 | 3.59% | 3.93% | 4.72% | 4.72% |
| April | 2026-7 | 3.59% | 3.82% | 4.62% | 4.59% |
| May | 2026-9 | 3.82% | 4.08% | 4.83% | 4.91% |
| June | 2026-11 | 3.85% | 4.13% | 4.87% | 4.97% |
| July | 2026-12 | 4.00% | 4.35% | 4.98% | 5.23% |
| August | 2026-13 | 4.10% | 4.35% | 4.92% | 5.23% |
| September | 2026-17 | 4.18% | 4.49% | 5.12% | 5.40% |
| October | 2026-19 | 4.25% | 4.61% | 5.22% | 5.54% |
What this covers, and what it does not
This table carries 10 of 2026’s months, the ones with a published ruling as of September 28, 2026; a month with no ruling yet is not guessed at. It carries annual compounding only; semiannual figures for every month are on the by-month page, and the full four-column table for September, October is on each month’s own page above. It does not carry the section 382 rate, the low-income housing percentages, or the section 7520 rate; those are Tables 2 through 5 of the same rulings and are not reproduced here.
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Sources
- Rev. Rul. 2026-2, Table 1 and Table 5 (January 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-02.pdf
- Rev. Rul. 2026-3, Table 1 and Table 5 (February 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-03.pdf
- Rev. Rul. 2026-6, Table 1 and Table 5 (March 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-06.pdf
- Rev. Rul. 2026-7, Table 1 and Table 5 (April 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-07.pdf
- Rev. Rul. 2026-9, Table 1 and Table 5 (May 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-09.pdf
- Rev. Rul. 2026-11, Table 1 and Table 5 (June 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-11.pdf
- Rev. Rul. 2026-12, Table 1 and Table 5 (July 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-12.pdf
- Rev. Rul. 2026-13, Table 1 and Table 5 (August 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-13.pdf
- Rev. Rul. 2026-17, Table 1 and Table 5 (September 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-17.pdf
- Rev. Rul. 2026-19, Table 1 and Table 5 (October 2026 applicable federal rates): https://www.irs.gov/pub/irs-drop/rr-26-19.pdf
- 26 U.S.C. § 1274: uscode.house.gov
- 26 U.S.C. § 7872: uscode.house.gov
- 26 U.S.C. § 7520: uscode.house.gov
- IRS, Applicable Federal Rates index: https://www.irs.gov/applicable-federal-rates
Related: How the minimum interest rule works · The annual and semiannual table for every month · September AFR rates in full · October AFR rates in full · The calculator turns the rate into dollars.
Figures verified against Rev. Rul. 2026-2 through Rev. Rul. 2026-19 on the IRS website on September 29, 2026.
General information drawn from the Internal Revenue Code and the IRS revenue ruling named above, not legal, tax or financial advice. Applicable federal rates change every month, so this rate applies to the month named above only. We are not a law firm or a tax adviser.