Property Lien Payoff Estimator
Calculate a city lien payoff by combining the recorded lien principal, accrued statutory interest, and administrative fees.
Inputs
Estimated Payoff
Lien principal$15,000
Accrued interest$3,000
Administrative fees$250
Total estimated payoff
$18,250
How payoff is computed
Municipal liens typically accrue simple statutory interest on the recorded principal from the lien date until paid. Total payoff = principal + (principal × annual rate × years) + administrative fees. Always request an official municipal lien letter for the binding payoff figure before closing.