Free Calculators › Protect Profit
Retainage Calculator
See how much of your money, and your profit, the owner is holding until closeout.
Why this matters
Retainage is money you’ve earned and billed that the owner or GC holds until closeout. When retainage is bigger than your profit on a job, you’ve financed the job yourself until it’s released. Track it invoice by invoice, put the release terms in writing, and bill for it the day you qualify. Retainage rules differ by state and by contract, so read yours.
“Cost to carry” assumes the full retainage amount is held for the months you enter. Real-world cost is often higher because retainage starts building from your first pay app.
For planning only. Your numbers stay in your browser. Nothing you type here is sent or saved.
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