Late charge calculator
Work out the late charge on an overdue invoice using the rate your agreement provides. There is no federal statutory late-payment rate in the United States.
Legal basis: Contract terms and applicable state law (no federal statutory rate).
Your invoice
Enter the rate your contract or the applicable state law allows. No statutory default is assumed for the United States.
Estimate
Days overdue30
Principal$1,000.00
Interest$0.00
Recovery fee$0.00
Total claimable$1,000.00
No statutory recovery fee is added for the United States; only contractually agreed late charges can be claimed. This estimate is not legal advice.