Security Deposit Interest Calculator
Calculate mandated interest on tenant security deposits for your jurisdiction.
Deposit Details
Results
Enter deposit details and dates to calculate interest
Frequently Asked Questions
States that require landlords to pay interest on security deposits include: New York, New Jersey, Connecticut, Massachusetts, Maryland, Illinois, Iowa, and a few others. Rules vary — some require interest only above certain deposit amounts or holding periods. Always verify current state law.
Tracking deposits per lease?
Track security deposit balances per lease safely and securely.
Disclaimer: These calculators are provided for preliminary educational estimations and screening purposes only. Actual real estate figures may vary significantly based on shifting local legislation, specific regional tax requirements, dynamic interest rates, and volatile market conditions. Always consult with a certified financial advisor, tax specialist, or legal professional before executing any binding investment decisions or assuming financial risk.