Monthly bills
See how many months of rent a deposit you type covers
A deposit divided by one month of rent you type.
- Calculated from what you enter
- About 2 minutes
- Easy
This is arithmetic on the numbers you type. It does not say the landlord must return the deposit.
The short version
- For someone who already has the details in hand.
- Divide a deposit by one month of rent you type.
- It is not a decision about what you should buy, sign, or qualify for.
The moment
You type the deposit and one month of rent. The page counts how many of those months the deposit covers.
After this, you can see how many months of rent a deposit you type covers.
Your guess first
These numbers are an illustration, not a store price. Deposit 2400.00; One month of rent 1200.00.
The turn
The first illustration comes out to 2. Nothing is left over. A second illustration comes out to 1. $100.00 is left over, short of another one.
Why the number hides
A deposit is often one or more months of rent, but the lease shows two numbers. Dividing one by the other makes the count plain.
Now run your own numbers
Do this next
- Type the deposit.
- Type one month of rent.
- Read the whole months.
- Read any dollars left over.
- This page does not read your lease.
Who this will not work for
- A statement that you will get the deposit back.
- Fees the lease adds on move-out.
- Legal advice.
A pitfall
Dividing the deposit by rent does not say the landlord must return it. Read the lease for that rule.
How this was calculated
The deposit is divided by one month of rent. Whole months only. Leftover dollars are shown beside the count.