Real estate & rental
Rental Late Fee Calculator
Late fees on overdue rent, flat or daily, with the caps many jurisdictions impose.
Result
Tenancy rules are set by state and often by city, and they are among the most locally variable areas of law there is. Deposit limits, notice periods, late fee caps, interest on deposits and rent increase restrictions all differ and change. This is arithmetic, not legal advice; check your own jurisdiction before relying on any of it. Late fees are heavily regulated. Many states cap them at a percentage of rent, require a minimum grace period, and will not enforce a fee a court considers a penalty rather than a genuine estimate of loss. A fee not written into the lease is generally unenforceable.
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About this calculator
How much can I charge?
Whatever your jurisdiction allows, commonly capped around 5% of monthly rent, with several states requiring a grace period of three to five days. Some cities are stricter than the state.
Can I charge a daily fee indefinitely?
Usually not. Most caps apply to the total, and an uncapped daily fee is the structure most likely to be struck down as a penalty.
The formula
fee = flat and daily charges on days past the grace period, limited by the cap
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