Minnesota Late Fee Calculator
Your late fee
$100.00
At the legal limit
Paid 12 days late; the lease has no grace period.
The lease asks for $100.00, exactly the most Minn. Stat. § 504B.177(a) permits on these figures.
- Days past due
- 12 days
- Grace period ends
- No grace period
- Earliest fee date
- September 29, 2026
- Lease late fee
- 8% of $1,250.00 = $100.00
- Legal maximum
- $100.00
- Rent + late fee
- $1,350.00
Limit set by Minnesota (8% of the overdue rent): $100.00
8% × $1,250.00 overdue rent = $100.00
Next step: turn these figures into a late rent notice for the tenant.
Minnesota rent late fee law
Minnesota: tenant and landlord must have agreed in writing that a late fee may be imposed, and when; the fee can never be more than 8% of the overdue payment.
(a) A landlord of a residential building may not charge a late fee if the rent is paid after the due date, unless the tenant and landlord have agreed in writing that a late fee may be imposed. The agreement must specify when the late fee will be imposed. In no case may the late fee exceed eight percent of the overdue rent payment.
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 Minnesota 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 $100.00.
Amount now due
- Unpaid rent
- $1,250.00
- Late charge
- $100.00
- Total
- $1,350.00
Please pay $1,350.00 at your earliest opportunity.
If this letter crossed with your payment, please disregard it.
Regards,
[Your name or company]
How to use the Minnesota 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, the earliest fee date and the most Minn. Stat. § 504B.177(a) allows, then copy the figures or print a late rent notice.
Work out interest on an overdue B2B invoice under Minnesota law. The legal default rate — what applies when the contract is silent — is 6%, and the statute is quoted verbatim below. All math runs locally in your browser.
Legal rate when no rate is contracted in writing. Once a claim/suit is noticed, a separate court-set rate applies (2026: 4% up to $50,000; 10% above).
Late fee breakdown
- Interest owed
- —
- Daily rate
- —
- Total (invoice + interest)
- —
Still unpaid? Generate a formal demand letter — it computes the interest and cites Minnesota's statute (Minn. Stat. §§ 334.01, 334.011; § 549.09) for you.
Worked example: Minnesota invoice interest at 6%
Interest at Minnesota's statutory default of 6% a year, worked out with the same formula as the calculator above: amount × (6% ÷ 365) × days. If your contract states its own rate, enter that rate in the calculator instead.
| Invoice amount | 30 days late | 60 days late | 90 days late |
|---|---|---|---|
| $1,000.00 | $4.93 | $9.86 | $14.79 |
| $5,000.00 | $24.66 | $49.32 | $73.97 |
| $10,000.00 | $49.32 | $98.63 | $147.95 |
What Minnesota law says about invoice interest
The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year, unless a different rate is contracted for in writing. No person shall directly or indirectly take or receive [...] any greater sum, or any greater value, for the loan or forbearance of money, goods, or things in action, than $8 on $100 for one year.
Quoted verbatim from the linked official source — not our paraphrase. How we source and re-check every row is documented in the data methodology.
Minnesota court interest rate once a claim is made (litigation only)
2026: 4% for a judgment or award of $50,000 or less; 10% above $50,000. This is not the contract-silent default above: it applies to pecuniary damages from the commencement of the action or a demand for arbitration, or a written notice of claim, whichever occurs first. The figure for $50,000 or less is reset each calendar year. The 2026 figure for $50,000 or less: the one-year constant maturity Treasury yield for November 2025 was 3.66% (Federal Reserve H.15, series GS1), which rounds to 4%, and 4% is also the statutory floor.
Except as otherwise provided by contract or allowed by law, preverdict, preaward, or prereport interest on pecuniary damages shall be computed as provided in paragraph (c) from the time of the commencement of the action or a demand for arbitration, or the time of a written notice of claim, whichever occurs first [...] This yield, rounded to the nearest one percent, or four percent, whichever is greater, shall be the annual interest rate during the succeeding calendar year. [...] (2) For a judgment or award over $50,000 [...] the interest rate shall be ten percent per year until paid.
Maximum late fee in Minnesota — written B2B contracts
Conditional cap Fed 90-day CP discount +4.5% (under $100k).
Credit of $100,000+ is uncapped. Business loans under $100k get a higher floating ceiling (Fed 90-day CP discount +4.5 pts), so an ordinary smaller invoice is still capped.
Subd. 2. Contracts of $100,000 or more. Notwithstanding any law to the contrary, except as stated in section 58.137, and with respect to a conventional loan or contract for deed, section 47.20, subdivision 4a, no limitation on the rate or amount of interest, points, finance charges, fees, or other charges applies to a loan, mortgage, credit sale, or advance made under a written contract, signed by the debtor, for the extension of credit to the debtor in the amount of $100,000 or more [...] 334.011 Subdivision 1. Permitted rate. Notwithstanding the provisions of any law to the contrary a person may, in the case of a contract for the loan or forbearance of money, goods, or other things in action in an amount of less than $100,000 for business or agricultural purposes, charge interest at a rate of not more than 4-1/2 percent in excess of the discount rate on 90-day commercial paper in effect at the Federal Reserve Bank in the Federal Reserve District encompassing Minnesota.
Basis: Minn. Stat. §§ 334.01 subd.2, 334.011. 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 Minnesota's landlord-tenant law. On the Rent tab, Minn. Stat. § 504B.177(a) is checked against your lease figures and quoted in full. Consumer credit has separate, stricter rules. The distinction is explained in B2B invoice late fees vs. residential rent.
Use this data
Minnesota'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.
Minnesota late fee FAQ
Is there a legal limit on rent late fees in Minnesota?
Minnesota: tenant and landlord must have agreed in writing that a late fee may be imposed, and when; the fee can never be more than 8% of the overdue payment. Source: Minn. Stat. § 504B.177(a), checked 2026-09-29; the Rent tab quotes it word for word.
How do I work out a late fee on rent in Minnesota?
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, the most Minn. Stat. § 504B.177(a) allows and rent plus fee, and turns them into a late rent notice.
Can I charge late fees on overdue invoices in Minnesota?
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: 6%. Legal rate when no rate is contracted in writing. Once a claim/suit is noticed, a separate court-set rate applies (2026: 4% up to $50,000; 10% above). Statute: Minn. Stat. §§ 334.01, 334.011; § 549.09, verified 2026-08-19. Consumer and rent debts follow separate laws.
What is the maximum late fee on a B2B invoice in Minnesota?
For a written B2B contract: 8% general cap — but written credit of $100,000+ is uncapped, and smaller business loans may charge Fed 90-day commercial-paper discount +4.5 pts. Basis: Minn. Stat. §§ 334.01 subd.2, 334.011. 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 Minnesota?
The statutory default rate of 6%. Legal rate when no rate is contracted in writing. Once a claim/suit is noticed, a separate court-set rate applies (2026: 4% up to $50,000; 10% above). Statute: Minn. Stat. §§ 334.01, 334.011; § 549.09 (verbatim quote on this page, verified 2026-08-19).
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 — Minnesota's row was last verified 2026-08-19. 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). For rent, the Rent tab quotes Minn. Stat. § 504B.177(a) word for word, links its source and gives the date it was checked (2026-09-29).
Not legal advice. This page summarizes Minn. Stat. § 504B.177(a) and Minnesota'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.