Prorated Rent Calculator

This Prorated Rent Calculator helps users calculate the prorated rent due based on their move-in date, alongside the total initial rent payment, including the next month’s full rent.

Use Our Prorated Rent Calculator

How to Use the Prorated Rent Calculator

This guide will walk you through the steps needed to calculate prorated rent using the Prorated Rent Calculator. This tool helps determine the amount of rent due if you move in during the middle of a month.

Step 1: Enter the Monthly Rent Amount

  • Input Field: Monthly Rent Amount
  • Type: Number
  • Description: Enter the full monthly rent amount for the property. This field is required and should be a positive number greater than zero.

Step 2: Provide the Move-in Date

  • Input Field: Move-in Date
  • Type: Date
  • Description: Select the date on which you plan to move into the property. This field is mandatory and will determine the number of days remaining in the move-in month.

Step 3: Select the Rent Due Date

  • Input Field: Rent Due Date
  • Type: Select
  • Description: Choose when the rent is typically due. Options include either the 1st of the month or the 15th of the month. This selection is required for the calculation to process correctly.

Step 4: Choose the Days in Move-in Month

  • Input Field: Days in Move-in Month
  • Type: Select
  • Description: Select the number of days in the month you are moving in. Available options are 28, 29, 30, and 31 days, depending on the month. This is a required selection for accurate calculations.

Step 5: Review Calculation Results

  • Result Field: Days Remaining in Month
  • Description: The calculator will compute the number of days remaining from your move-in date to the end of the month.
  • Result Field: Daily Rental Rate
  • Description: This is calculated by dividing the monthly rent by the number of days in the move-in month.
  • Result Field: Prorated Rent Amount
  • Description: The prorated rent due for the remaining days of the month will be displayed based on the daily rate and days remaining.
  • Result Field: Next Month’s Full Rent
  • Description: Displays the full amount of rent due for the following month, which is equal to the monthly rent.
  • Result Field: Total Initial Payment Due
  • Description: This calculates the sum of the prorated rent and full monthly rent to provide the total amount initially due.