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Late Fee Calculator

Calculate interest on an overdue invoice. Standard freelance rate is 1.5% per month. Adjust for your contract terms and grace period.

% per month (18.0% APR)

Days late

30

Months late

1.00

Invoice amount$2,500.00
Late fee$37.50
Total now due$2,537.50

Suggested follow-up email

Hi [Name],

Invoice #[X] for $2,500.00 was due on 2026-05-09.
As of today, it is 30 days past due.

Per our agreement (Net 14 + 1.5% monthly late fee), the
updated balance is $2,537.50.

If payment has already been sent, please disregard. Otherwise,
let me know the expected payment date so I can update my records.

Thanks,
[You]

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