Minnesota Late Fee Calculator

8% most a lease may charge as a late fee
Rent limit
8% of the overdue rent
Earliest fee day
Day 1 after the due date
Statute
Minn. Stat. § 504B.177(a)
Checked
What was not paid on time. Copies the rent until you type here.
How the lease sets the late fee
Pre-filled with the Minnesota limit; type the figure from your lease.
How many days the lease gives before a late fee; 0 if none.

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
October 20, 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

Late rent notice builder

Who it is from and to
Amounts
Taken from the calculator. Set 0 if the rent itself is paid.
Taken from the result; you may change it.
Adds the two above until you type your own figure.
Blank: the letter asks for payment at the earliest opportunity.
Payment and contact
Where and how the tenant can pay.
Late rent notice

[Your name or company]

Date: October 31, 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 October 19, 2026. As of October 31, 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]

6% legal default rate (contract silent)
Max written B2B rate
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.
Cap regime
Conditional cap — Fed 90-day CP discount +4.5% (under $100k)
Statute
Minn. Stat. §§ 334.01, 334.011; § 549.09
Court rate (litigation only)
2026: 4% for a judgment or award of $50,000 or less; 10% above $50,000 — how it is set
Verified
— how we verify · changelog

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).

Pre-filled with Minnesota's statutory default (6%), which governs only when the contract names no rate; a rate stated in your contract replaces it.
Adds a second, separate line at the court rate (2026: 4% for a judgment or award of $50,000 or less; 10% above $50,000). That rate runs from the commencement of the action or a demand for arbitration, or a written notice of claim, whichever occurs first — see how it is set.

Interest at 6% a year

Interest owed on an overdue invoice in Minnesota at 6% per year
Invoice amount30 days late60 days late90 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

Maximum late fee in Minnesota — written B2B contracts

Conditional cap Fed 90-day CP discount +4.5% (under $100k).

Basis: Minn. Stat. §§ 334.01 subd.2, 334.011.

About this page

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.
— Minn. Stat. § 504B.177(a). Read it at the official source · checked .

Before you send the late rent notice: it is a reminder letter about overdue rent and a late charge, 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.

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.
— Minn. Stat. § 334.01, subd. 1. Read it at the official source · row verified 2026-08-19.

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.
— Minn. Stat. § 334.01, subd. 2; § 334.011, subd. 1. Read it at the official source · verified .

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.
— Minn. Stat. § 549.09, subd. 1(b), (c)(1)(i), (c)(2). Read it at the official source · Treasury yield data · checked .

Not legal advice. Figures were last verified on the date shown; check the cited statute before charging a late fee.