In security deposit cases, the burden of proof is on the landlord to establish valid reasons for keeping the tenant’s security deposit.
Interest rate calculator for security deposits
A security deposit earns interest from the date it is paid to the landlord. Use the table below to calculate the interest owed on a security deposit. The interest rates used in the calculations are found in the Actual Interest Payable on Security Deposits Table.
Click on the month and the year in the dropdowns at the top of the calendar to enter the start and end dates of the rental agreement.
Start Date:
End Date:
Deposit Amount:
End Date:
Deposit Amount:
