Rhode Island Late Fee Calculator

No cap no late fee section in the law we read
Rent limit
None in R.I. Gen. Laws chapter 34-18
Earliest fee day
–
Statute
R.I. Gen. Laws chapter 34-18 (read on an unofficial copy)
Checked
What was not paid on time. Copies the rent until you type here.
How the lease sets the late fee
How many days the lease gives before a late fee; 0 if none.

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
October 20, 2026
Lease late fee
5% of $1,250.00 = $62.50
Rent + late fee
$1,312.50

Rhode Island: R.I. Gen. Laws chapter 34-18 contains no late fee provision, so there is no legal cap or waiting period to apply; only your lease terms count.

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 $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]

12% legal default rate (contract silent)
Max written B2B rate
Greater of 21% or the domestic prime rate +9 pts — and this cap applies to ordinary B2B deals too (no business exemption).
Cap regime
Hard cap — 21% (or prime+9%)
Statute
R.I. Gen. Laws §§ 6-26-1, 6-26-2
Verified
— how we verify · changelog

Statutory legal rate when no rate is agreed.

Pre-filled with Rhode Island's statutory default (12%), which governs only when the contract names no rate; a rate stated in your contract replaces it.

Interest at 12% a year

Interest owed on an overdue invoice in Rhode Island at 12% per year
Invoice amount30 days late60 days late90 days late
$1,000.00$9.86$19.73$29.59
$5,000.00$49.32$98.63$147.95
$10,000.00$98.63$197.26$295.89

Maximum late fee in Rhode Island — written B2B contracts

Hard cap 21% (or prime+9%).

Basis: R.I. Gen. Laws § 6-26-2.

About this page

Rhode Island rent late fee law

Rhode Island's landlord and tenant act, chapter 34-18 of the General Laws, contains no late fee provision, so it neither caps a late rent fee nor gives a grace period.

Read in full for this check: Rhode Island General Laws, chapter 34-18 (Residential Landlord and Tenant Act). Copy read on codes.findlaw.com (not the state's official site) · 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 Rhode Island has its own rules for it. Nothing on this page is legal advice.

What Rhode Island law says about invoice interest

Post judgment interest on any judgment, and interest in all business transactions where interest is secured or paid, shall be computed at the rate of twelve dollars ($12.00) on one hundred dollars ($100) for one year, unless a different rate is expressly stipulated.
— R.I. Gen. Laws § 6-26-1 (Legal rate of interest — Post judgment interest). Read it at the official source · row verified 2026-08-19.

Cap = greater of 21% or prime +9 pts, and it DOES apply to ordinary B2B (no business exemption). Only a commercial loan over $1,000,000 with a CPA analysis escapes.

Notwithstanding the provisions of subsection (a) of this section and/or any other provision in this chapter to the contrary, there is no limitation on the rate of interest which may be legally charged for the loan to, or use of money by, a commercial entity, where the amount of money loaned exceeds the sum of one million dollars ($1,000,000) and where repayment of the loan is not secured by a mortgage against the principal resident of any borrower; provided, that the commercial entity has first obtained a pro forma methods analysis performed by a certified public accountant licensed in the state of Rhode Island indicating that the loan is capable of being repaid.
— R.I. Gen. Laws § 6-26-2(e), quoted verbatim in Commerce Park Realty, LLC v. HR2-A Corp., No. 1:11-cv-00156, slip op. at 4 (D.R.I. Oct. 11, 2012) (govinfo.gov, U.S. Government Publishing Office); the 21% / prime + 9 points ceiling of § 6-26-2(a) is summarised above, not quoted. Read it at the official source · verified .

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