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Finance calculator

Freelance Rate Calculator

Estimate the hourly or project rate needed to reach an income target while covering non-billable time and business costs.

Calculator Your inputs stay in the tool you embed here.
$
$
hrs
wks
%
Hourly rate to charge
$0
Day rate (8 hrs)$0
Annual billable hours0

Everything here runs locally in your browser. Nothing you type is sent anywhere. Billable hours are typically lower than total working hours once admin, sales and non-billable work are accounted for.

How this calculator works

Enter your target income, annual business costs, billable hours and working weeks. The tool spreads the required revenue across realistic billable time.

Formula Required rate = (Income target + Business costs) ÷ Annual billable hours

When to use it

Use it to avoid simply converting a salary into an hourly rate without accounting for unpaid admin, sales and time off.

Important

This calculator is for estimation and planning. Actual financial outcomes can differ because of taxes, fees, timing, market conditions, lender terms and other factors.