Salary Calculator
Last updated: June 2026 · Free · No sign-up required
Enter values above and click Calculate to see your result instantly.
Quick reference
| Hourly rate | 40 hr/week annual | Monthly gross |
|---|---|---|
| $15 | $31,200 | $2,600 |
| $20 | $41,600 | $3,467 |
| $25 | $52,000 | $4,333 |
| $30 | $62,400 | $5,200 |
| $40 | $83,200 | $6,933 |
| $50 | $104,000 | $8,667 |
savings Plan with confidence
Finance decisions get a lot easier when you can see the full picture. Enter your numbers above to see total payments, interest paid, and the long-term cost of every choice — so you can compare options side by side before signing anything.
percent How the math works
We use the standard amortization, compound-interest and present-value formulas published by the Consumer Financial Protection Bureau and the Federal Reserve. The methodology block below shows every variable and rounding step we apply, so the answer is never a black box.
shield_lock Your data stays private
Every calculation happens in your browser with JavaScript — your income, balances, and loan numbers are never sent to our servers, logged, or shared. Close the tab and the inputs vanish. No sign-up, no tracking pixels on the form, no spreadsheet emailed to you later.
lightbulb Pro tip
Save the URL after you calculate — your inputs aren't stored, so write down the headline number plus the breakdown. Then come back and edit one variable at a time (down payment, rate, term) to see exactly which lever moves your monthly figure the most. That's where the real planning happens.
Interpretation guide
| Gross vs net | Meaning |
|---|---|
| Gross pay | Before taxes, insurance, retirement and deductions |
| Net pay | Take-home after deductions |
| Salary comparison | Compare benefits and hours, not only headline pay |
lightbulb Converting $45 an hour to an annual salary
Result: About $93,600 a year. $45 × 40 hours × 52 weeks = $93,600 (gross, before tax).
What this means: Going the other way, divide a salary by 2,080 (40 × 52) to get the hourly rate — so a $90k salary is about $43.27 an hour.
Formula & methodology
Formula: Annual salary = hourly rate × hours per week × weeks per year
Salary conversion assumes a selected schedule. The common full-time benchmark is 40 hours per week and 52 paid weeks per year, or 2,080 paid hours annually.
Authoritative source: BLS Occupational Employment Statistics