Advanced Late Payment Interest Calculator

Calculate interest and admin fees on overdue invoices using multiple calculation methods

Flexible Late Payment Calculator — Create customized interest calculations for your unpaid invoices:

  • Choose from annual interest rates, monthly rates, or fixed percentage calculations
  • Apply compound interest for escalating charges on long-term unpaid invoices
  • Add optional admin fees to cover your collection costs
  • Calculate multiple invoices at once with detailed breakdowns for each

Use this calculator to determine fair interest charges, incentivize on-time payments, and recover costs associated with late payments.

Interest Calculation Settings

% per year

Standard annual interest rate applied to overdue amount

When enabled, interest will compound monthly, applying interest to previously accrued interest

$

Fixed administration fee applied to each late invoice

Invoice Details

Automatically add late fees and interest to your Xero or QuickBooks invoices

  • Save hours manually calculating late fees & interest.
  • Applied in bulk, and automatically when going overdue.
  • Flexible and custom to your payment terms.
Try it Now - It's Free

This calculator provides an estimate based on the information provided. For exact figures, please consult a financial professional, or an expert from Paidnice.