Free tool

Late fee calculator

Work out the late fee on an overdue invoice: a monthly or yearly rate counted by the day, or a flat fee, with a grace period if you give one.

Invoice amountCurrency

Due datePaid on (or today)

Rate (% per month)Grace period (days)

Days late: 30
Days charged: 30
Original amount: $1,000.00
Late fee: $15.00
Total now due: $1,015.00

This invoice is 30 days overdue. As set out in our payment terms, a late fee of 1.5% per month applies, which comes to $15.00. The amount now due is $1,015.00.

Next step

Put your terms on the invoice.

A late fee works best when the client saw it before they paid. The free invoice maker lets you write your payment terms on the invoice and download a clean PDF. No sign-up needed.

Open the invoice maker

Questions

Late fees, answered.

What is a normal late fee on an invoice?

How is the late fee worked out here?

Can I charge a late fee if it was not agreed?

Are there legal limits on late fees?

How do I add the late fee to an invoice?

Should I ever waive it?

This page is general guidance and not legal advice. Rules on late fees and interest differ by country and state.

Keep reading

Late payment fees: should you charge them?Following up on late payments What to say when a client has not paid