Prices, interest and costs
Late-payment interest calculator
Statutory late-payment interest is the reference rate plus a legal margin, charged for each day after the due date, plus a fixed compensation per invoice. Choose the country, enter the invoice amount, due date and payment date. The calculator applies the rate in force for each period and shows the interest and compensation separately.
- Free to use
- Shows every step
- Embeddable on your site
General information, not legal advice. Check the result against your contract and the law that applies to it.
When to use it
Use it when a business customer pays an invoice late and you want to know what you can claim, or to check a claim made against you.
How to get a reliable answer
Step 1
Take the figures from the contract
Use the dates, periods and amounts the signed contract states, not a summary or an old spreadsheet.
Step 2
Check the working
Every result shows its steps, its assumptions and the data it used, so you can see where each number comes from.
Step 3
Keep it on the contract
In Pactinel the same calculation runs for every contract you hold and reminds the owner in time.
Frequently asked questions
Does it apply to consumers?
No. The rates shown are for commercial transactions: payments between businesses and from public bodies to businesses. Debts of consumers follow other rules.
Can a contract set a different rate?
Often it can, within limits the law sets. If your contract agrees a rate or a remedy for late payment, check it first, because it may apply instead of the statutory rate.
Embed this calculator
Paste this code into your page. The calculator runs inside the frame and links back to this page.
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