Late Rent Fee Calculator
Calculate late rent fees based on your tenant’s rent amount and your fee policy.
Open Calculator →Security Deposit Interest Calculator
Estimate the interest earned on tenant security deposits over time based on deposit amount, annual interest rate, and duration.
Calculate Interest on Tenant Security Deposits
Landlords may be required by law to pay interest on tenant security deposits. This Security Deposit Interest Calculator estimates the total interest earned over a specified period, helping you stay compliant and transparent.
Formula
Interest Earned = Deposit Amount × (1 + Annual Interest Rate)Years − Deposit Amount
Example
For a $1,000 deposit at 3% annual interest for 2 years:
Interest = 1,000 × (1 + 0.03)2 − 1,000 ≈ $60.90
The total interest earned would be $60.90 after 2 years.
Why Use This Calculator?
- Ensure compliance with local landlord-tenant laws
- Maintain transparency with tenants regarding deposit growth
- Accurately track and forecast rental income obligations
- Quickly estimate interest without manual calculations
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Open Calculator →Prorata Rent Calculator
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