Late payment penalty calculator*

VÕS §§ 94(1) and 113(1) — statutory (base rate + 8%) or agreed default interest with interim payments

Input data

Default interest already due is the balance of interest that has become due (no further interest accrues on it). Interim payments are applied according to the selected order.

Interim payments

DateAmount (€)Allocation

Interest first — 1) interest already due, 2) current interest, 3) principal. Principal first — 1) principal, 2) interest already due, 3) current interest.

Calculation table

VÕS §§ 94(1) and 113(1) interest rates

Source: Eesti Pank. Rates are updated on 1 January and 1 July.

🔄 Automatic update

Rates are updated automatically when the page is opened (Eesti Pank data, cached for 1 hour).

✏️ Add rate manually