Monthly Income Calculator
Convert salary, hourly earnings or a pay stub into gross monthly income. Choose the employment type first; USPS statements, military LES amounts and self-employed income need different inputs.
Verify this calculatorVerified
See what the result uses—and what it cannot know.
Sumvoro calculates deterministically from the visible inputs. It does not invent lender terms, local rules, market values, medical facts, or professional judgments.
- 1 · InputsCheck every entered value against the latest statement, quote, measurement, or official source.
- 2 · Formula
Annual gross ÷ 12; weekly gross × 52 ÷ 12; biweekly gross × 26 ÷ 12; twice-monthly gross × 24 ÷ 12. For year-to-date earnings, use the matching paid coverage period rather than assuming twelve complete months. - 3 · SensitivityUse Insights to run a lower and higher case. If the conclusion changes easily, collect better information or leave more margin.
- 4 · ScopeThis tool is maintained and covered by automated calculation tests. Provider timing, rounding, and omitted facts can still change a real-world result.
- Formula release
- 2026.10-r4
- Release date
- October 10, 2026
- Review status
- Verified
- Source review
- October 11, 2026
Monthly Income calculator
Convert weekly pay using 52 ÷ 12, biweekly pay using 26 ÷ 12, and twice-monthly pay using 24 ÷ 12. YTD and USPS estimates need matching earnings coverage. Military allowances remain separate from basic pay.
- Use gross pay rather than a net bank deposit.
- Match YTD earnings with the paid coverage period.
- Separate variable pay, reimbursements and military allowances.
Optional readingLearn how this calculator works
How the monthly income calculator works
Convert salary, hourly earnings or a pay stub into gross monthly income. Choose the employment type first; USPS statements, military LES amounts and self-employed income need different inputs.
Annual gross ÷ 12; weekly gross × 52 ÷ 12; biweekly gross × 26 ÷ 12; twice-monthly gross × 24 ÷ 12. For year-to-date earnings, use the matching paid coverage period rather than assuming twelve complete months.
Read our calculation methodology and limitations.
Example
A $2,000 biweekly gross paycheck averages $4,333.33 per month ($2,000 × 26 ÷ 12). A $2,000 twice-monthly paycheck is $4,000 per month. Neither calculation uses the net amount deposited into your bank account.
What affects the result
- Pay frequency is not the same as hours worked: biweekly has 26 regular periods, while twice-monthly has 24.
- Keep base pay, overtime, bonuses and reimbursements separate so irregular income is visible.
- Military basic pay and allowances are separate categories; qualifying-income treatment is a lender decision, not an automatic result.
Frequently asked questions
Which amount should I copy from a pay stub?
Use gross earnings for the matching pay period, before taxes and deductions. For a YTD calculation, enter YTD gross with the dates those earnings actually cover.
Can I use USPS or military earnings?
Yes. Select the corresponding worksheet. Check the USPS paid-period coverage or the LES earnings categories; do not treat an allotment or net deposit as gross income.
Is self-employed revenue the same as income?
No. Business expenses reduce revenue. Use the self-employed worksheet and check the resulting income against your records; lender adjustments can differ.
Is this lender-approved qualifying income?
No. It standardizes the figures you enter. A lender can exclude variable income, require a history or adjust business expenses and allowances.