Late rent fee calculator
Enter the monthly rent and your late fee policy to instantly see the late fee and total amount your tenant owes — flat or percentage, one-time or per day.
The Landlord Rent Collection Toolkit
Get instant access to our on-time rent checklist, late fee and prorated rent calculators, and step-by-step guides — free.
No spam — just the toolkit and occasional landlord tips. Unsubscribe anytime.
Frequently asked questions
How much can I charge for a late rent fee?
Late fees are commonly a flat amount (e.g. $50) or a percentage of rent (often 5%). Limits vary by state and lease, so always check your local laws and state your policy clearly in the lease.
Should a late fee be per day or one-time?
Both are used. A one-time fee applies once rent is late; a per-day fee adds up for each day past the due date (sometimes capped). This calculator supports either option.
When does a late fee usually apply?
Many landlords apply a late fee after a short grace period — often the 5th of the month. Define your due date and grace period in the lease so it's enforceable.
Can PropVecto apply late fees automatically?
Yes. PropVecto generates monthly invoices and applies late fees automatically based on rules you set, so you never have to calculate or chase them by hand.