Florida Late Fee Calculator
Your late fee
$62.50
Paid 12 days late; the lease has no grace period.
- Days past due
- 12 days
- Grace period ends
- No grace period
- Earliest fee date
- September 29, 2026
- Lease late fee
- 5% of $1,250.00 = $62.50
- Rent + late fee
- $1,312.50
Florida: Fla. Stat. §§ 83.40 to 83.684 contains no late fee provision, so there is no legal cap or waiting period to apply; only your lease terms count.
Next step: turn these figures into a late rent notice for the tenant.
Florida rent late fee law
Florida's residential tenancy law, chapter 83 part II, contains no late fee provision, so it neither caps a late rent fee nor gives a grace period.
Read in full for this check: Florida Statutes, chapter 83, part II (Florida Residential Landlord and Tenant Act). Official source · checked .
Late rent notice builder
Before you send it: this builds a reminder letter about overdue rent and a late charge. It is not an eviction notice. A notice to pay rent or quit is a separate document, and Florida has its own rules for it. Nothing on this page is legal advice.
[Your name or company]
Date: October 10, 2026
To: [Tenant name]
[Rental property address]
Re: Overdue rent for [Rental property address]
Dear [Tenant name],
This letter is a reminder that the rent of $1,250.00 for [Rental property address] was due on September 28, 2026. As of October 10, 2026, $1,250.00 of it is still unpaid (12 days past due).
Your lease provides for a late charge, which comes to $62.50.
Amount now due
- Unpaid rent
- $1,250.00
- Late charge
- $62.50
- Total
- $1,312.50
Please pay $1,312.50 at your earliest opportunity.
If this letter crossed with your payment, please disregard it.
Regards,
[Your name or company]
How to use the Florida rent late fee calculator
- Enter the monthly rent and the rent that is overdue.
- Enter the date the rent was due and the date it was paid, or today if it is still unpaid.
- Choose how the lease sets the late fee (percent of rent, flat amount or dollars per day) and type the figure from the lease.
- Enter the grace days written in the lease.
- Read the late fee and the earliest fee date, then copy the figures or print a late rent notice.
Work out interest on an overdue B2B invoice under Florida law. When the contract is silent, the default is variable — the currently published figure, the official page that sets it, the written-contract cap, and the statute are all on this page. The calculator can apply each quarter's official rate to the days that fall in it.
Set quarterly by the state CFO (NY Fed discount 12-month average +400 bps); applies when the contract is silent.
Late fee breakdown
- Interest owed
- —
- Daily rate
- —
- Total (invoice + interest)
- —
Cap in the statute: 18% per annum simple interest for an obligation of $500,000 or less (Fla. Stat. § 687.02(1)); above $500,000 the civil-usury test moves to the 25%-per-annum criminal-usury line of § 687.071(2) (Fla. Stat. §§ 687.02(1), 687.071(2)). The full cap rules are in the maximum late fee section below.
Still unpaid? Generate a formal demand letter — it computes the interest and cites Florida's statute (Fla. Stat. §§ 687.01, 55.03, 687.02–.03) for you.
Florida interest rate by quarter (set by the Chief Financial Officer under Fla. Stat. § 55.03)
| Period | Rate per year |
|---|---|
| 2026-10-01 to 2026-12-31 | 7.87% |
| 2026-07-01 to 2026-09-30 | 8.06% |
| 2026-04-01 to 2026-06-30 | 8.25% |
| 2026-01-01 to 2026-03-31 | 8.44% |
| 2025-10-01 to 2025-12-31 | 8.65% |
| 2025-07-01 to 2025-09-30 | 8.90% |
| 2025-04-01 to 2025-06-30 | 9.15% |
| 2025-01-01 to 2025-03-31 | 9.38% |
| 2024-10-01 to 2024-12-31 | 9.50% |
| 2024-07-01 to 2024-09-30 | 9.46% |
| 2024-04-01 to 2024-06-30 | 9.34% |
| 2024-01-01 to 2024-03-31 | 9.09% |
| 2023-10-01 to 2023-12-31 | 8.54% |
| 2023-07-01 to 2023-09-30 | 7.69% |
| 2023-04-01 to 2023-06-30 | 6.58% |
| 2023-01-01 to 2023-03-31 | 5.52% |
| 2022-10-01 to 2022-12-31 | 4.75% |
Rates as listed on the Brevard County Clerk of the Court's copy of the CFO rate table; the CFO's own page (myfloridacfo.com) could not be reached when this table was checked on 2026-09-25. The October–December 2026 rate (7.87%) applies through December 31, 2026. Under Fla. Stat. § 55.03(1) the CFO sets the rate on December 1, March 1, June 1 and September 1 for the next calendar quarter, and Fla. Stat. § 687.01 applies it where interest accrues without a contract rate; the January–March 2027 rate is added here once it is published.
Source: official rate table · checked .
What Florida law says about invoice interest
All contracts for the payment of interest [...] at a higher rate of interest than the equivalent of 18 percent per annum simple interest are hereby declared usurious. However, if such loan [...] or obligation exceeds $500,000 in amount or value, then no contract to pay interest thereon is usurious unless the rate of interest exceeds the rate prescribed in s. 687.071.
Quoted verbatim from the linked official source — not our paraphrase. How we source and re-check every row is documented in the data methodology.
Maximum late fee in Florida — written B2B contracts
Hard cap 18%.
18%/yr cap on obligations of $500,000 or less (the ordinary case); no general business exemption. Only deals over $500k rise to the 25% criminal-usury line.
Unless otherwise specifically allowed by law, any person making an extension of credit to any person, who shall willfully and knowingly charge, take, or receive interest thereon at a rate exceeding 25 percent per annum but not in excess of 45 percent per annum, or the equivalent rate for a longer or shorter period of time, whether directly or indirectly, or conspires so to do, commits a misdemeanor of the second degree [...]
Basis: Fla. Stat. §§ 687.02-.03, 687.071. Compare all 51 jurisdictions in the maximum late fee by state table and cap-regime map.
Rent and invoices follow different laws — consumer debt is not covered
The Invoice tab, the rate card and the statute sections on this page are about business-to-business invoices. Residential rent late fees live in Florida's landlord-tenant law. Florida: Fla. Stat. §§ 83.40 to 83.684 contains no late fee provision, so there is no legal cap or waiting period to apply; only your lease terms count. Consumer credit has separate, stricter rules. The distinction is explained in B2B invoice late fees vs. residential rent.
Use this data
Florida's row — rate, cap, citation, verbatim quote, verification date — is part of our open 51-jurisdiction dataset: CSV · JSON (CC BY 4.0, cite myinvoicetemplate.com). Set late-fee terms on your next invoice with the free invoice generator, or state them clearly using the wording guidance in the payment terms guide.
Florida late fee FAQ
Is there a legal limit on rent late fees in Florida?
Florida's residential tenancy law, chapter 83 part II, contains no late fee provision, so it neither caps a late rent fee nor gives a grace period. Read in full for this check: Florida Statutes, chapter 83, part II (Florida Residential Landlord and Tenant Act), checked 2026-10-03. The late fee and grace days in the lease decide.
How do I work out a late fee on rent in Florida?
Enter the monthly rent, the overdue amount, the date the rent was due and the date it was paid, then the late fee in the lease (a percent of rent, a flat amount or dollars per day) and its grace days. The calculator gives the late fee, the earliest fee date and rent plus fee, and turns them into a late rent notice.
Can I charge late fees on overdue invoices in Florida?
Yes — on business-to-business invoices. If your contract or invoice states a late-fee rate, that rate governs (subject to the cap rules below). If nothing was agreed: Variable; currently published figure: 7.87% (Oct–Dec 2026). Set quarterly by the state CFO (NY Fed discount 12-month average +400 bps); applies when the contract is silent. Statute: Fla. Stat. §§ 687.01, 55.03, 687.02–.03, verified 2026-09-25. Consumer and rent debts follow separate laws.
What is the maximum late fee on a B2B invoice in Florida?
For a written B2B contract: 18% for obligations of $500,000 or less; above $500,000 the bound is the 25% criminal-usury line. No general business exemption. Basis: Fla. Stat. §§ 687.02-.03, 687.071. The full cap analysis is on the Invoice (B2B) tab; this covers business-to-business deals only — consumer credit has stricter separate caps.
What interest applies if my contract doesn't mention late fees in Florida?
Variable — Set quarterly by the state CFO (NY Fed discount 12-month average +400 bps); applies when the contract is silent. Currently published figure: 7.87% (Oct–Dec 2026). Confirm the applicable figure via the official page linked on this page before relying on it. Statute: Fla. Stat. §§ 687.01, 55.03, 687.02–.03.
Where does this data come from, and when was it verified?
Every invoice-interest figure on this page comes from our 51-jurisdiction dataset: each row researched against the controlling statute or the state's official current-rate page, independently re-checked, and stamped with its own verification date — Florida's row was last verified 2026-09-25. The operative legal text is quoted verbatim on this page with a link to the official source, the methodology is public, every verification pass is logged in the changelog, and the full dataset is downloadable (CC BY 4.0).
Not legal advice. This page summarizes Florida's commercial-interest statute for general information, with the verification date shown above — it tells you when we last confirmed the figures, not that they are still current today. Statutes change and courts interpret them; verify the cited statute at the official source, or ask a licensed attorney in your state, before charging a late fee or demanding interest.