Overpayment Repayment Calculator
Calculate the details of a repayment plan for a payroll overpayment based on the total amount and your chosen repayment method.
Disclaimer: This tool calculates the math of repayment ONLY. It does NOT determine if a deduction amount or plan is legally permissible under federal, state, or local labor laws, or if employee consent is required. Consult applicable laws, company policy, or legal counsel before implementing any recovery plan.
Overpayment Details
Repayment Method
This is the amount you plan to deduct from each paycheck.
The overpayment will be divided equally over this many pay periods.
Overpayment Repayment Plan Details
Inputs Used:
Total Overpayment Amount:
Calculation Method:
Amount Input Per Period:
Number of Periods Input:
Calculated Plan:
Calculated Amount Per Pay Period:
Calculated Number of Pay Periods:
Note: The final payment may be smaller than the calculated amount per period.
Estimated Repayment Schedule:
Pay Period # | Deduction | Remaining Balance |
---|
Showing first 5 and last 5 periods for long schedules.