RateLark

How much is a late invoice worth now?

Add interest and a flat fee to an overdue invoice and see the total you can ask for.

Total now due
Days overdue
Original invoice
Interest so far
Flat late fee
Interest per day

How the total is calculated

Simple interest: amount × yearly rate ÷ 365 × days overdue, plus any flat fee once the invoice is past due.

Can I charge any rate I want?

Not necessarily. Many places cap late fees or interest, and a charge normally needs to be in your contract or invoice terms before the work starts. Check your local rules or ask a lawyer. This tool only does the arithmetic.