Is biweekly the same as twice a month?

No. Biweekly is every two weeks (26 paychecks); twice a month is semimonthly (24 paychecks). The difference is about 8% of a year's pay.

Should I use gross or net pay?

Gross for income requirements such as rent or loans; net to see what you actually take home.

Enter what one paycheck pays and how often you're paid. The calculator multiplies by the number of paychecks in a year.

Pay per paycheck

Gross pay for income checks; net pay for budgeting.

How often you're paid

Per year

$60,304

Every two weeks: $2,319 × 26 paychecks.

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Weekly pay has 52 paychecks a year, every two weeks 26, twice a month 24, and monthly 12.
Use gross pay for income checks (lenders and landlords use gross); use net pay for budgeting.

Is biweekly the same as twice a month?: No. Biweekly is every two weeks (26 paychecks); twice a month is semimonthly (24 paychecks). The difference is about 8% of a year's pay.
Should I use gross or net pay?: Gross for income requirements such as rent or loans; net to see what you actually take home.

Have the paystubs?

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