Late Fee Calculator
Enforce penalties on late invoices. Calculate interest and get a ready-to-send collection email.
✓ FREE TOOL
When was the invoice originally due?
1.50% monthly
Standard freelance late fee: 1.5% monthly (18% annually)
⚖️ Legal Notes
Important: Late fees must be specified in your contract or terms of service to be enforceable.
- 18% APR (1.5% monthly) is standard for freelance contracts
- Some jurisdictions cap late fees - check your local laws
- Document all payment reminders for potential legal action
- Consider collections agencies after 60+ days overdue
This calculator is for informational purposes. Consult a lawyer for legal advice.