Rent late fee calculator
Estimate the late fee owed using a flat or percentage fee, a grace period and an optional daily fee.
Late Fee
Updates as you type
many states cap late fees
How this is calculated. In plain words.
- 1
No fee is owed until the days late exceed the grace period.
- 2
After that, the initial fee applies, plus the daily fee for each additional day.
- 3
The total is limited to the maximum you set.
Late fee limits, grace periods and notice rules vary by state and city, and your lease must state the fee. Verify the current statute. This calculator gives an estimate for planning only. It is not financial, tax or legal advice.
Late fees without surprises.
Is there a limit on late fees?
Often, yes. Many states and some cities cap the amount, set a minimum grace period or require the fee to be in the lease. Check the current statute for your property before charging one.
What does the maximum field do?
It caps the total, so a daily fee stops adding up once it reaches the limit. Use it to match a cap in your lease or local law.
Can TenantLoop charge late fees automatically?
Yes. You set the grace period, the fee and any daily amount in the late fee settings, and TenantLoop adds the charge when rent is paid late.
Is the result advice?
No. It is an estimate for planning, using only the numbers you type. Nothing is saved or sent anywhere; the calculation runs in your browser.
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