PracticalKit Tools

Freelance Project Deposit Calculator

A project deposit defines how much of the fee is committed before delivery begins. Calculate the deposit from the agreed project price, then make the remaining balance visible rather than leaving cash flow implicit.

Split the remainder into milestones

For longer engagements, milestone payments can reduce the amount of completed work waiting to be paid. Match milestones to meaningful delivery points and state the payment window clearly.

Put the schedule in writing

The calculator helps with arithmetic, but the resulting deposit and milestones should be reviewed and included in the commercial agreement before work starts.

Calculate a project deposit