EveryCalc

Finance category

Mortgage, loan, investing, tax, and money calculators.

Browse finance

Lease Break Fee Calculator

Estimate the true cost of breaking a lease early: the contractual break fee (typically 2 months' rent), any lost rent during re-letting, and whether your security deposit is at risk.

$

Most leases = 2x rent

$

Realistic break cost

$5,250

with landlord mitigation

Contractual break fee

$4,200

Rent loss during vacancy

$2,100

Security deposit at risk

$0

Worst case (no mitigation)

$10,500

How the math works

Lease break fees typically equal 1-3 months' rent, per the lease's liquidated damages clause. Most states require landlords to mitigate damages by re-renting promptly — so tenants don't owe rent for months after the unit is back on the market. Formula: break fee + vacancy loss (prorated share) + any forfeited deposit.

California, New York, Oregon, and many others mandate landlord mitigation. Some military tenants (SCRA) can break leases with 30 days' notice at zero penalty. Job relocations may qualify for employer-paid break fees. Document the break in writing and request final accounting within 30 days.

How to Use

  1. Enter your current monthly rent.
  2. Set how many months are remaining on the lease.
  3. Enter the break fee (usually 2 months rent) from your lease.
  4. Indicate whether your deposit is at risk and its amount.
  5. Estimate how long it will take the landlord to re-let the unit.

Frequently Asked Questions

What's the typical lease break fee?

Most residential leases charge 2 months' rent as liquidated damages for early termination. Some luxury or corporate units charge 3 months. Fees under 1 month are rare.

Do I owe all remaining rent if I break?

Usually no. Most states require landlord mitigation — the landlord must try to re-rent promptly. You owe rent only until a new tenant is placed, minus a break fee.

Is SCRA (military) break fee-free?

Yes. Servicemembers Civil Relief Act allows active-duty military to terminate leases with 30 days' notice after receiving orders, with no break fee. Paperwork is required.

Can I negotiate a lower break fee?

Often yes, especially if the rental market is tight. Offer to find a replacement tenant, pay a lump sum equal to 1 month, or give 60+ days notice. Landlords often prefer cash and certainty.

Related Calculators

More Finance Calculators

Browse all finance

Keep exploring

Next steps in Finance

View finance hub →