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Lease Break vs Sublease Calculator

Tenants leaving a lease early have two real options: pay the landlord an early termination fee and walk away clean, or find a subletter who covers rent for the remaining months. Each has hidden cost — break fees often run 1-2 months plus forfeited deposit, while sublets usually rent at a discount, charge a finder cost, and expose you if the subletter flakes. This calculator sizes both so you pick the cheaper exit.

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Usually 5-20% below your current rent

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Chance the subletter stops paying

Cheaper exit

Break lease

Savings vs other path

$450

Break-lease total cost

$4,600

Sublease total cost (risk-adjusted)

$5,050

Remaining rent if you stayed

$13,200

Sublease monthly gap × months

$1,250

Rent before subletter starts

$2,200

Risk-adjusted flake loss

$1,100

How the math works

Sublet costs split into gap rent (you pay while searching), the monthly shortfall between your rent and the discounted sublease rent for the covered months, and a risk haircut for the chance the subletter stops paying. The break path is simpler: a flat fee (usually 1-2 months rent), possible forfeited deposit, and any re-letting admin charge.

Quick rule: if your sublease discount is under 10% and you can fill in under 3 weeks, subleasing almost always wins. If the market is soft and the discount is 15%+, the break fee usually wins because you cap the pain at a known number. Always put the landlord's decision in writing before you commit either way.

How to Use

  1. Enter your remaining rent, months left on the lease, and the early termination fee the landlord will charge to let you out.
  2. Add any forfeited security deposit, re-letting fees, or broker charges the landlord will keep.
  3. For the sublease side, enter the expected sublease rent (usually 5-20% below asking), the months it will sit vacant before the subletter starts, and listing / finder fees.
  4. Compare net cost — the calculator applies a flake-risk haircut to the sublease path since you remain on the hook if your subletter stops paying.

Frequently Asked Questions

How do early termination fees usually work?

Most residential leases set the break fee at 1-2 months of rent, sometimes with forfeiture of the security deposit. Some states cap it at 'actual damages' — the landlord's real re-letting cost plus any gap rent until a new tenant signs. Always read the termination clause before negotiating; verbal promises from leasing agents do not stick.

Is subleasing even allowed?

It depends on your lease and state. Many leases require written landlord approval and give them discretion to reject. New York's Real Property Law §226-b forces landlords to accept a reasonable subletter; most other states do not. If your lease bans subleases, ignoring it is a lease violation and a fast track to eviction.

Why a flake-risk haircut on sublease?

You're still the primary tenant. If your subletter stops paying or trashes the unit, the landlord bills you and your credit takes the hit. We apply a default 10% risk haircut because roughly 1 in 10 sublets end badly — pick vetted subletters (references, credit check, deposit) to bring that number down.

Should I always negotiate the break fee?

Yes. Landlords frequently agree to 1 month instead of 2 — especially in a strong rental market where re-letting is fast. Offer to leave the unit clean, allow showings, and give 60 days notice. Get the reduced fee in writing before you vacate.

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