1:51

Aaron from Diagnostics and Finance breaks down how banks count different payslip components when you apply for a loan. Base salary counts at 100%, but commissions and bonuses typically only count at 80%, though emergency workers like firefighters get 100%. A $10,000 commission becomes $8,000 usable income for borrowing.

Questions this video answers

100%

80%

Yes — certain emergency workers (e.g., firefighters, nurses) may have 100% of bonuses/commissions accepted by some lenders.

$8,000

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