Income Annualisation Calculator (YTD Annualiser) — Value Lending
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Income Annualisation Calculator

Annualise a year-to-date payslip figure, then combine salary, overtime, bonus, rental and self-employed income with typical lender shading, the way a serviceability assessment reads it.

YTD Income Annualiser
Annualise a payslip figure based on days elapsed in the financial year.
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Income Sources
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Income Description Pay Frequency Amount Lender Shading Annualised Shaded Annual
How income annualisation works

A payslip shows income earned so far this financial year, not a full year. Annualising scales the year-to-date gross by the share of the year that has passed: YTD gross ÷ days elapsed since the start date × 365. A $42,500 YTD figure at day 182 annualises to about $85,200. Lenders run this check on most PAYG applications, which is why the start date on the payslip matters as much as the amount.

The second step is shading. Each income type is accepted at a percentage that reflects how reliable the lender considers it: base salary at 100%, overtime and casual income commonly at 50–80%, bonuses and commission on a one- or two-year average, rental income usually at 80%, and self-employed income depending on the documents available. The shaded total is the figure that feeds a borrowing power assessment, so two households on the same gross can be assessed quite differently.

Broker aggregators publish their own annualisers for the same calculation. This one adds the shading step, so the result is closer to what an assessor would carry into serviceability. The defaults here are indicative; the exact percentages belong to each lender's policy.

About lender shading: Most lenders shade certain income types when assessing serviceability. Base salary and PAYG wages are typically accepted at 100%. Overtime and casual income at 50–80%. Self-employed income at 60–100% depending on documentation. Rental income is commonly shaded to 80%. These defaults are indicative only — lender policies vary. Always confirm with your broker.
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Knowing your annualised income is the first step. Our team can assess how lenders will view your full income picture and structure your application for maximum serviceability.

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This calculator is for indicative purposes only. Income shading rates are general defaults and will vary between lenders and individual circumstances. This tool does not constitute financial or credit advice. Value Lending Pty Ltd is a Corporate Credit Representative (515167) of Connective Credit Services Pty Ltd (ACL 389328).