Security Deposit Interest Calculator
Some states require landlords to pay interest on security deposits. Find out how much your landlord owes you.
About Security Deposit Interest
Approximately 15 states and the District of Columbia require landlords to pay interest on security deposits. The requirements vary — some states require interest on all deposits, while others only require it for larger properties or longer tenancies.
If your state requires deposit interest and your landlord didn't pay it, you may be entitled to the unpaid interest plus additional penalties. In some states, failure to pay required interest can result in the landlord forfeiting their right to retain any portion of the deposit.
This calculator uses simple interest based on each state's statutory rate. Actual rates may vary — check your state's current statute for the most accurate rate.
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