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Arrears Repayment Plan Calculator
A tenant in arrears needs a repayment plan. This calculator builds a schedule showing current rent + catch-up monthly payment until arrears cleared.
Total monthly payment
$2,700
current + catch-up
Catch-up amount per month
$900
Total paid over plan
$16,200
How the math works
Arrears plan = current rent + (arrears ÷ months). Tenant must keep current rent paid plus catch up on past-due.
Get the plan in writing with default-acceleration teeth. Without paperwork, tenant can stall and cause total loss. Proactive LLs win.
How to Use
- Enter current monthly rent.
- Enter total arrears.
- Enter repayment months.
- Read monthly payment and total.
Frequently Asked Questions
How long should the plan be?
3-12 months typical. Shorter = better for LL. Longer = tenant can actually pay. Most courts will accept up to 12-month plan if tenant agrees.
Should I charge interest?
Most LLs don't — the goal is rent collection, not loan shark profit. Some states bar interest on rent arrears unless spelled out in lease. Check jurisdiction.
What if tenant defaults on plan?
Agreement should include default clause: full arrears immediately due, no right to cure. Then proceed to UD/eviction. Without default teeth, tenant has no incentive.
What documentation matters here?
Written leases, move-in/move-out inspections with photographs, ledger entries showing every payment and charge, served notices with proof of service, and contemporaneous emails or texts. Courts weigh written evidence heavily; informal understandings rarely stand. Institutional operators run a monthly file audit to catch gaps before they matter. Good paper trails recover most of what's owed.
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