Work out your net income for a home loan

Enter your gross salary in our calculator and it will let you know the amount of tax that you will pay and your final net income.

Once you know your net income, you can then work out how much you can borrow.

Ready to apply for a home loan?

Call us on 1300 889 743 or complete our online enquiry form and we can let you know your borrowing power.

Are the tax scales current?

We regularly update the calculator with current tax scales to make sure that the tax payable is correct for differing income brackets. However, we recommend that you use a calculator on the ATO website or contact your Accountant/Tax Agent to confirm the tax you will pay.

Note: this calculator does not take tax offsets or negative gearing into account. Please use it as a guide only.

Gross or net income?

Your gross income is your pre-tax income excluding any superannuation paid by your employer. This is the same as your taxable income unless you have pre-tax deductions taken from your pay.

Your net income is your after tax income. Unless you have post tax deductions from your pay then your net income is the same as the amount that you receive in your bank account.

For example if you earn $109,000 p.a. which includes $9,000 of superannuation then your salary package is worth $109,000, your gross income is $100,000, your tax withheld would be around $26,000 and your net income would be around $74,000.

Find out how much you can borrow

Once you know your net income, you can use this to work out a draft budget. You can then use our how much can I borrow as well as our other home loan calculators to work out the maximum amount that you can comfortably afford to repay.

Why use us?

We aim to set an example by delivering what we promise: a higher level of service, better advice and better home loans.


Australia-wide services

We finance properties anywhere in Australia for people anywhere in the world.


Get incredible interest rates

Our relationships with our panel of lenders allow us to negotiate your interest rate.


We get tough loans approved

We can help you navigate the often complex pre-approval and application process.


Our customers love us

We receive hundreds of love letters from our customers.

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How we find you the right solution

We get a complete understanding of where you’re at and what your ultimate goals are.
You’ll get a recommendation in just a few simple steps.

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Complete our free assessment form or call us.

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We assess your situation.

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We look at all the options from our panel of lenders.

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