Free Payment Plan Generator
Turn an overdue or oversized invoice into a clear installment schedule your client can actually pay. Fill in the details below, preview live on the right, and click "Download PDF". No sign-up, no watermark, and everything stays in your browser.
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About this free payment plan generator
When a client can't clear a large or overdue invoice all at once, a structured payment plan is often the fastest route to actually getting paid. This tool splits the balance into equal installments on a weekly, fortnightly or monthly schedule — with an optional down payment and optional interest — and produces a clean PDF you can send and have both sides sign.
How to use it
- Enter your details, the client's name and the invoice you're referencing;
- Enter the total amount owed and, if any, a down payment;
- Choose how many installments, how often, and the first payment date;
- Optionally add an annual interest rate — leave it at 0% for an interest-free plan;
- Click "Download PDF" and choose "Save as PDF" in the print dialog, or export a CSV.
When to offer a payment plan
Offer an installment plan when a client genuinely intends to pay but cannot clear a large or overdue balance in a single payment — for example after a slow sales month, an unexpected cost, or a one-off project invoice that strained their cash flow. A plan that gets you paid in predictable amounts is almost always better than an invoice that drags on for months or has to be written off. It is usually not the right move when the client has gone silent, disputes the work, or has a track record of broken promises; in those cases a firmer step is warranted. A payment plan also works best alongside a clear conversation about why the invoice is overdue. For a wider playbook, see what to do when a client won't pay.
Get the plan in writing
A payment plan is only as strong as the agreement behind it, so always get it in writing and signed. Spell out the total owed, the invoice it relates to, every installment amount and due date, the payment method, and — critically — what happens if a payment is missed (typically the full remaining balance becomes due immediately). Have both parties sign or confirm by email so there is a clear, dated record. The schedule this tool produces is built to attach to exactly that kind of installment agreement. If a client breaks the plan, you can escalate with a demand letter; and if the debt turns out to be genuinely unrecoverable, our guide on how to write off bad debt walks through the accounting and tax steps.
Is my data safe?
Yes. All calculations and PDF generation happen in your own browser — your plan is never uploaded to any server, and closing the page clears it.
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FAQ
When should I offer a payment plan?
A payment plan makes sense when a client genuinely wants to pay but cannot clear a large or overdue balance in one go. Splitting it into scheduled installments is often faster and cheaper than chasing the full amount or writing it off. For other options when a client goes quiet, see our guide on what to do when a client won't pay.
Is a payment plan legally binding?
A written, signed payment plan that both sides agree to is generally treated as a binding agreement. Put it in writing, list every installment, due date and amount, state what happens if a payment is missed, and have both parties sign or confirm by email. This tool produces a clear schedule you can attach to that agreement.
How is interest calculated?
If you set an annual interest rate above 0%, simple interest is applied to the financed balance (total owed minus any down payment) over the length of the plan and spread across the installments. Leave it at 0% for an interest-free plan. Always check that any interest you charge is allowed under your contract and local law.
Is this payment plan generator free?
Yes, completely free with no sign-up and no watermark on the exported PDF. You can also export the schedule as a CSV to open in Excel or Google Sheets.
Is my data uploaded to a server?
No. Everything you type and every calculation happens in your own browser — nothing is uploaded, and closing the page clears it.
What if the client still does not pay under the plan?
If installments are missed, your written plan should make the full remaining balance due immediately. From there you can send a firm reminder or demand letter, or — if the debt is genuinely unrecoverable — read our guide on how to write off bad debt for the accounting and tax steps.