Virginia Late Fee Calculator
Your late fee
$125.00
At the legal limit
Paid 12 days late; the lease has no grace period.
The lease asks for $125.00, exactly the most Va. Code § 55.1-1204(E) permits on these figures.
- Days past due
- 12 days
- Grace period ends
- No grace period
- Earliest fee date
- September 29, 2026
- Lease late fee
- 10% of $1,250.00 = $125.00
- Legal maximum
- $125.00
- Rent + late fee
- $1,375.00
Limit set by Virginia (10% of the monthly rent or the overdue rent, if smaller): $125.00
10% × $1,250.00 smaller amount = $125.00
Virginia names no earliest day for a late fee in the quoted law; the earliest fee date above follows the lease's grace days.
Next step: turn these figures into a late rent notice for the tenant.
Virginia rent late fee law
Virginia, Code § 55.1-1204(E): no late charge unless the written rental agreement provides for one, and the charge can be no more than 10% of whichever is smaller, the periodic rent or the balance the tenant still owes.
E. A landlord shall not charge a tenant for late payment of rent unless such charge is provided for in the written rental agreement. No such late charge shall exceed the lesser of 10 percent of the periodic rent or 10 percent of the remaining balance due and owed by the tenant.
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 Virginia 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 $125.00.
Amount now due
- Unpaid rent
- $1,250.00
- Late charge
- $125.00
- Total
- $1,375.00
Please pay $1,375.00 at your earliest opportunity.
If this letter crossed with your payment, please disregard it.
Regards,
[Your name or company]
How to use the Virginia 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 Va. Code § 55.1-1204(E) allows, then copy the figures or print a late rent notice.
Work out interest on an overdue B2B invoice under Virginia 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.
On open accounts with no written credit agreement, interest accrues AUTOMATICALLY from day 61 after the invoice/billing statement is presented and unpaid — no demand needed.
Late fee breakdown
- Interest owed
- —
- Daily rate
- —
- Total (invoice + interest)
- —
Still unpaid? Generate a formal demand letter — it computes the interest and cites Virginia's statute (Va. Code §§ 6.2-301, 6.2-303, 6.2-317) for you.
Worked example: Virginia invoice interest at 6%
Interest at Virginia's statutory default of 6% a year, worked out with the same formula as the calculator above: amount × (6% ÷ 365) × days, counting only the days from day 61after the invoice is presented (the first 60 days earn nothing under the cited statute). If your contract states its own rate, enter that rate in the calculator instead.
| Invoice amount | 30 days after presentation | 60 days after presentation | 90 days after presentation |
|---|---|---|---|
| $1,000.00 | $0.00 | $0.00 | $4.93 |
| $5,000.00 | $0.00 | $0.00 | $24.66 |
| $10,000.00 | $0.00 | $0.00 | $49.32 |
What Virginia law says about invoice interest
The legal rate of interest shall be an annual rate of six percent. [...] The seller or provider of goods sold or services provided on an open account shall be entitled to, and may collect, interest at the legal rate upon the unpaid balance if [...] the purchaser [...] fails to make payment in full within 60 days [...]. Such interest shall begin to accrue on the day following such 60-day period.
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 Virginia — written B2B contracts
Conditional cap 12% (deals under $5,000).
Business/investment loans of $5,000+ are exempt (any rate; usury defense barred). Below $5,000, or for non-business purposes, the 12% cap applies.
Basis: Va. Code § 6.2-317, 6.2-303. 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 Virginia's landlord-tenant law. On the Rent tab, Va. Code § 55.1-1204(E) 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
Virginia'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.
Virginia late fee FAQ
Is there a legal limit on rent late fees in Virginia?
Virginia, Code § 55.1-1204(E): no late charge unless the written rental agreement provides for one, and the charge can be no more than 10% of whichever is smaller, the periodic rent or the balance the tenant still owes. Source: Va. Code § 55.1-1204(E), checked 2026-10-03; the Rent tab quotes it word for word.
How do I work out a late fee on rent in Virginia?
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 Va. Code § 55.1-1204(E) allows and rent plus fee, and turns them into a late rent notice.
Can I charge late fees on overdue invoices in Virginia?
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%. On open accounts with no written credit agreement, interest accrues AUTOMATICALLY from day 61 after the invoice/billing statement is presented and unpaid — no demand needed. Statute: Va. Code §§ 6.2-301, 6.2-303, 6.2-317, verified 2026-08-19. Consumer and rent debts follow separate laws.
What is the maximum late fee on a B2B invoice in Virginia?
For a written B2B contract: 12% general cap — but business/investment loans of $5,000+ are exempt (any agreed rate). Basis: Va. Code § 6.2-317, 6.2-303. 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 Virginia?
The statutory default rate of 6%. On open accounts with no written credit agreement, interest accrues AUTOMATICALLY from day 61 after the invoice/billing statement is presented and unpaid — no demand needed. Statute: Va. Code §§ 6.2-301, 6.2-303, 6.2-317 (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 — Virginia'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 Va. Code § 55.1-1204(E) word for word, links its source and gives the date it was checked (2026-10-03).
Not legal advice. This page summarizes Va. Code § 55.1-1204(E) and Virginia'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.