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Late Fee Calculator

Calculate late fees and interest on overdue invoices. Support for annual, monthly, and flat fee rates with compound or simple interest.

Invoice Details

Legal Rate Limits

Maximum allowable interest rates vary by jurisdiction. Typical limits range from 10-25% annually. Check your local laws before applying late fees.

Total Amount Due

$1,014.79

Original: $1,000.00 + Interest: $14.79

Breakdown

Days Overdue30 days
Weeks Overdue4 weeks
Months Overdue1 months
Original Invoice$1,000.00
Interest/Fees Accrued+$14.79
Daily Interest Rate$0.49/day

Calculation Method

Rate Type: Annual percentage rate (APR)

Interest Type: Simple interest

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