Put payment terms next to the price.
Enter the project price, deposit percentage, progress payment, and tax if needed. The calculator estimates the upfront deposit, remaining balance, progress payment, and final payment.
Payment schedule belongs in the estimate conversation.
Clear terms reduce awkward follow-up. Use this as a planning check, then confirm deposit rules and contract language for your state and job type.
FAQ
How does this contractor deposit calculator work?
Enter the project price, deposit percentage, progress payment percentage, and tax percentage if needed. The calculator estimates the deposit, progress payment, final payment, and customer total.
What deposit percentage should a contractor charge?
There is no universal deposit percentage. It depends on project size, material exposure, labor scheduling, customer relationship, and local laws. Check your state rules before collecting deposits.
Should tax be included in the deposit?
Tax handling depends on your location, trade, and accounting setup. This calculator shows tax as a separate pass-through planning number, not tax advice.
Can I include payment terms on an estimate?
Yes. Many contractors include deposit, progress payment, final payment, due dates, and acceptance terms on the estimate or contract.
Is this legal advice?
No. Deposit limits and payment-term rules vary by state and job type. Review local requirements and use a proper contract when needed.