Calculators
YTD Income Calculator
Annualise your year-to-date gross income using two figures from your most recent payslip.
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.
Estimated annual gross income
$89,300
Annualised from your YTD figures using the days method.
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.
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.
Illustrative example only: 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.
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.