Free Late Fee Calculator
Calculate late rent fees as either a flat amount or a percentage of monthly rent with daily accrual option.
USD
%
days
USD
days
Total Late Fee
$130.00
Initial Late Charge$90.00
Total Amount Owed$1,930.00
Total Late Fee vs Monthly Rent
Late Fee Calculation
Late fees compensate landlords for the cost and inconvenience of delayed rent payment.
Structure
Initial Fee = Monthly Rent x Late Fee% (charged after grace period)
Additional Penalty = Daily Rate x Days Beyond Grace + 1
Legal Limits
Example Calculation
$1,800 rent, 5% late fee, 10 days late, $10/day penalty, 5-day grace period.
- 01Initial late fee: $1,800 x 5% = $90 (charged on day 6)
- 02Penalty days beyond grace+1: 10 - 5 - 1 = 4 days
- 03Daily penalties: 4 x $10 = $40
- 04Total late fee: $90 + $40 = $130
- 05Total owed: $1,800 + $130 = $1,930