Calculate the mandated interest accrued on a tenant's security deposit over the lease duration.
In many states and municipal jurisdictions, landlords are legally required to hold a tenant’s security deposit in an interest-bearing escrow account and pay that accrued interest back to the tenant when the lease ends. This utility simplifies that transition calculation for both parties.
Input the original security deposit amount, the tenancy start and end dates, and the local state-mandated annual interest rate (%). The calculator tracks the timeline and gives you the exact final payout total due at move-out.
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