Take Home Pay Calculator Australia
Last updated: February 20, 2026
Interactive Take-Home Pay Estimate
Adjust salary and deductions to see real disposable income.
Annual Salary$120,000
Salary Sacrifice$5,000
Other Payroll Deductions$2,000
Taxable Income
$115,000
Income Tax
$25,288
Medicare Levy (2%)
$2,300
Total Tax
$27,588
Annual Take Home
$90,412
Monthly Take Home
$7,534
Fortnightly Take Home
$3,477
Weekly Take Home
$1,739
Direct Answer
Take-home pay is income after tax and statutory deductions. For mortgage planning, net monthly cashflow is usually more informative than gross salary.
FAQ
Why is take-home pay more useful than gross salary? Because mortgage affordability is constrained by actual monthly cashflow after tax and mandatory deductions.
Should I include bonus income in take-home planning? Use conservative assumptions. Irregular income may not be fully counted by lenders.