Payslip Calculator
Annualise your year to date gross income using two figures from your most recent payslip.
- Free to use with no signup
- No impact on your credit score
- Clear estimates you can adjust
Reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 18 August 2026 · About Corey →
Interactive calculator
Grab two figures off your most recent payslip: your Year to Date (YTD) gross, the total gross paid since 1 July, and the pay period ending date. YTD gross already includes overtime, allowances and loadings.
Important information
This calculator is a rough guide only. Everything shown here is for general informational purposes and is not a quote, an offer, or a pre approval.
Detailed assumptions and limitations
- The calculation runs from 1 July to the entered pay-period end date, inclusive.
- YTD gross is annualised using a 365-day year and rounded to the nearest $100.
- A second job is calculated separately and added to the first result.
- Lenders may shade or exclude overtime, commission, bonuses and allowances, and may use a different method.
How it works
Why lenders annualise your payslip.
Lenders verify PAYG income from your payslip's year to date figure: they count the days between the start of the financial year period and the payslip's period end date, divide your YTD gross by those days, and multiply back out to a full year. It smooths out overtime, bonuses and odd pay cycles better than one payslip alone.
A payslip showing $45,000 gross YTD at exactly the half way point of the financial year annualises to $90,000. Started the job mid year? The calculation runs from your start date instead, which is why new job payslips can annualise differently than you'd expect.
FAQ
Common YTD income questions
It annualises your year to date gross income, taking what you've earned so far this financial year and projecting it out to a full year figure.
Your year to date gross income and the date the pay period ends. From those (and the 1 July start of the financial year) we work out how much of the year has elapsed and scale your earnings up.
It's a cross check. Annualising your year to date pay shows a lender whether your income is tracking consistently with the salary you've stated, which supports your application.
It varies by lender. Base salary is almost always counted in full, while overtime, bonuses and commission are often 'shaded', counted at a percentage. We know which lenders treat these income types most favourably.
Not necessarily, treat it as a guide. Lenders verify income from payslips and other documents and may calculate it differently, especially for variable pay. It's a useful sense check before you apply.