Late Fees Calculator
Work out the late fee your tenant owes based on your lease - flat, percentage of rent, or daily - with grace period handling, plus ready-to-send tenant templates.
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Charging a late rent fee
Late Fees Calculator
Late fee rules vary by state, by locality and by lease wording. This tool calculates the fee your lease specifies - it does not check that figure against your state's cap.
Confirm enforceability with a licensed attorney in your state before charging.
Templates for the awkward conversation
Once you have the figure, the calculator gives you three escalating message templates - friendly reminder, formal notice and final notice - pre-filled with your numbers.
They are communication templates, not legal eviction notices.
Why should you use our late fee calculator?
- Handles flat, percentage and daily fee structures
- Applies your lease's grace period correctly, so you charge from the right day
- Gives you three escalating tenant message templates, pre-filled
- Produces a downloadable record of how the figure was reached
- Free, fast and no sign-up to calculate
FAQs
How much can a landlord charge for a late rent fee?
It depends entirely on your state and your lease. Some states cap late fees at a percentage of monthly rent, some set a flat dollar ceiling, some require a minimum grace period, and some don't regulate late fees at all.
This calculator works out the fee your lease specifies. It does not check that figure against your state's cap - confirm enforceability with a licensed attorney in your state before charging.
How does a grace period affect the late fee?
A grace period is the number of days after the due date during which no late fee applies. Some states mandate one; elsewhere it's whatever your lease says.
The fee is calculated on the days late after the grace period, not from the due date. On a five-day grace period, rent paid on day seven is two effective days late.
Should a late fee be flat, a percentage, or daily?
Leases usually define it one of three ways: a flat dollar amount regardless of how late, a percentage of the monthly rent, or a daily amount that accrues after the grace period.
Whichever your lease uses, the fee generally has to be a reasonable estimate of the cost the late payment causes you. Courts in several states have struck down fees treated as a penalty.