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Legal

Contract Late Fee Calculator

Daily late fee based on contract rate and days overdue

Runs locally in your browser

Parameters

Results

Late fee
$150
Total due
$10,150
Fee as % of debt
1.5%

Reference calculation only. Actual enforceability depends on your contract and state law.

How it works

Calculate contract late fees from a daily percentage rate and days overdue.

Who it's for: Business owners, contractors, and attorneys drafting or enforcing payment terms.

Late fee = amount owed × (daily rate ÷ 100) × days overdue.

Shows total due (principal + fees) and fee as a percentage of debt.

Reference calculation — enforceability depends on contract language and state law.

How to use

  1. Enter Amount owed ($), Daily rate (%/day), and Days overdue.
  2. Read Late fee, Total due, and Fee as % of debt.

Good to know

  • Some states cap late fees or require specific contract disclosures.