Free Tool
Late Fee Calculator
Enter the invoice amount and how many days it's past due. See the late fee with a flat fee, a monthly percentage or yearly interest.
1% to 1.5% is common
Late fee
$72.00
1.5% for each 30 days late (2 so far).
Invoice
$2,400.00
Late fee
$72.00
Now due
$2,472.00
States and countries limit late fees and interest differently. Check what applies to you, and put your terms on the invoice before it's late.
per.hr prints your late-fee terms on every invoice and adds the fee when you apply it. Start free
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Questions
What's a Typical Late Fee?
1% to 1.5% of the invoice per month is common, as is a flat fee such as $25. Whatever you choose, it has to be in your terms before the invoice is late, ideally printed on the invoice itself.
How Does a Monthly Late Fee Add Up?
This calculator charges the percentage for each started 30 days past due. A $2,400 invoice 45 days late at 1.5% per month is two periods: 2 × $36 = $72.
Are Late Fees Limited?
Often, yes. Many states cap interest rates or late fees, and rules differ for consumers and businesses. Check what applies where you and your client are before you charge one.
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