Finance category
Mortgage, loan, investing, tax, and money calculators.
Lease Cancellation Fee Calculator
When tenant wants to cancel early, LL negotiates a fee that covers re-lease cost plus lost rent. This calculator sizes it.
Recommended cancellation fee
$5,500
Vacancy loss
$2,700
Re-lease cost
$2,800
How the math works
Cancellation fee = downtime rent + turn cost + commission. Makes LL whole without windfall.
Tenants often offer 1-2 months rent as buyout. Counter with full economic cost. Meet in middle based on market conditions and tenant goodwill.
How to Use
- Enter months remaining on lease.
- Enter monthly rent.
- Enter expected re-lease downtime (months).
- Enter turn cost.
- Read cancellation fee.
Frequently Asked Questions
Typical fee?
1-3 months rent + re-lease cost is common floor. Higher for commercial — often 6-12 months rent or TI/LC recapture. Institutional leases cap at predetermined schedule.
Can tenant just walk?
Risks lease breach + damage to credit. Most tenants negotiate rather than default. Offer a fee that saves tenant money vs full abandonment.
When to be generous?
Hot market (easy to re-lease), troubled tenant (better gone than fighting), or good-faith hardship. Flexibility earns goodwill + preserves relationship with referrable tenants.
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.
Related Calculators
More Finance Calculators
Browse all finance →AI Cost Calculator
Compare token costs across OpenAI, Anthropic, and Google AI models. Calculate monthly API spending for GPT-4o, Claude, Gemini, and more.
Tip Calculator
Calculate the perfect tip and split the bill between friends. Choose preset percentages or enter a custom tip amount.
Bill Splitter Calculator
Split an uneven restaurant bill by item, divide tax and tip proportionally, and see exactly who owes whom.
Discount Calculator
Calculate sale price, discount amount, stacked discounts, sales tax, and total savings for any markdown.
Gas Mileage Calculator
Calculate MPG or km/L, estimate trip fuel cost, and compare annual fuel expenses between two vehicles.
Sales Tax Calculator
Add sales tax to a price, reverse-calculate the pre-tax amount from a total, and estimate tax for multiple items on one receipt.
Keep exploring
Next steps in Finance
Previous calculator
Lease Break vs Sublease Calculator
Compare breaking a lease outright with subleasing the remaining term — early termination fee, lost rent, sublease discount, and finder cost.
Next calculator
Lease Commission Amortization Calculator
Amortize tenant improvements, leasing commissions, and free rent into a per-month carrying cost and NER.