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Early Termination Settlement Calculator

Commercial leases include more moving parts than residential. Early termination = unamortized TI + LC + rent acceleration. This calculator sizes it.

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Settlement amount

$1,022,795

PV of remaining rent

$797,795

TI + LC recapture

$225,000

How the math works

Settlement = PV of remaining rent + unamortized TI + unamortized LC. Represents LL's economic loss from early exit.

Institutional LLs use NPV methodology rigorously. Small LLs often settle at 6-9 months rent flat. Understand the math before negotiating.

How to Use

  1. Enter months remaining.
  2. Enter monthly base rent.
  3. Enter unamortized TI remaining.
  4. Enter unamortized LC remaining.
  5. Enter discount rate for PV.
  6. Read settlement amount.

Frequently Asked Questions

Typical settlement?

3-9 months net effective rent + TI/LC recapture. Institutional LLs push for NPV of remaining rent; tenants push for fewer months. Meet somewhere in middle.

Why recapture TI/LC?

LL paid for those upfront and amortized over lease. Early exit = unamortized balance is LL's loss. Tenant owes it back.

Good faith options?

Allow tenant to assign or sublet. Partial relief on fee if tenant finds replacement. Tenant still pays TI/LC unamortized but avoids full buyout. Flexibility earns goodwill.

How often should I rerun this?

Rerun this calculator whenever inputs change materially — new rent roll data, rate moves, loan balance updates, or quarterly operating data. For active deals, monthly refresh is typical. For stabilized assets under monitoring, quarterly is fine. Treat the output as a decision tool, not a one-time answer — market conditions evolve and so should your analysis.

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