Net pay = Gross pay − Federal tax − FICA − State tax − Deductions.
Uses 2026 federal tax brackets. Includes Social Security (6.2%) and Medicare (1.45%).
Use this calculator before making any financial commitment that depends on this type of calculation. Running the numbers in advance lets you evaluate options without the pressure of a live negotiation or decision deadline.
The most consequential mistake is comparing financial figures that are not on the same basis — gross versus net, before-tax versus after-tax, or nominal versus inflation-adjusted. Always check whether figures you are comparing use the same definition.
A first-time buyer models three scenarios before making an offer: 10%, 15%, and 20% deposit on a £280,000 property. The calculator shows exactly how the monthly payment and total interest cost change with each deposit level, making the decision visible rather than speculative.
Gross pay minus federal income tax, FICA (Social Security + Medicare), state tax, and pre-tax deductions like 401(k).
CalcPlanet – Free Online Calculators
725+ free calculators and 108 tools for math, money, health, and everyday life. Instant results, verified formulas, no sign-up.
By CalcPlanet Editorial · Reviewed against our Editorial Standards and Formula Sources.
CalcPlanet calculators are free, privacy-first, and formula-reviewed.
Editorial Standards · Formula Sources · Privacy · Terms · Contact
