Bank Statement Income
Calculator
Qualify self-employed borrowers
Help self-employed clients estimate qualifying income from bank statements. Convert complex income situations into clear loan qualification numbers.
See It In Action
Play with the calculator below. This is exactly what your visitors will see.
Bank Statement Income Calculator
Estimate qualifying income for self-employed borrowers using bank statement deposits
Annual Qualifying Income
$91,500
Deposit Summary
Total Deposits
$183,000
Average Monthly
$15,250
Period
12
Monthly Income Breakdown
Qualifying Income
Monthly Income
$7,625
Annual Income
$91,500
Monthly Expenses
$7,625
Annual Expenses
$91,500
Affordability Estimate
Max Monthly Payment
$3,279
Est. Max Loan Amount
$426,413
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How It Works
Get your results in four simple steps
Choose Your Theme
Select from 5 professional themes or customize colors and fonts to match your brand perfectly.
Add Your CTAs
Connect buttons to your calendar, application, or contact form. Capture leads right from the calculator.
Embed Anywhere
Copy one line of code to your website. Works on WordPress, Squarespace, Wix, or any custom site.
Convert More Leads
Visitors engage with your calculator, see their numbers, and take action. Track everything in your dashboard.
Why This Calculator
Purpose-built features that give you the insights you actually need.
Income Calculation
Automatically calculates qualifying income from monthly deposit totals
Business Type Presets
Industry-standard expense factors for service, retail, construction, and medical businesses
Loan Affordability
Estimates maximum loan amount based on calculated qualifying income
Flexible Periods
Supports both 12-month and 24-month bank statement programs
Bank Statement Income Methodology
Uses industry-standard expense factors to convert gross deposits into qualifying income for non-QM lending.
Industry Standards We Follow
- Industry-standard expense factors by business type
- Average monthly deposit calculation over 12 or 24 months
- Non-QM bank statement loan guidelines
- Standard DTI-based affordability calculations
Key Variables in Our Calculation
- Monthly DepositsTotal business account deposits for each month
- Expense FactorPercentage of deposits assumed to be business expenses (50-65% typical)
- Calculation Period12 or 24 months based on loan program
- Qualifying IncomeDeposits minus expenses, used for loan qualification
- Max DTIMaximum debt-to-income ratio for affordability estimate
Expert Insights
Get the most out of your calculations with these professional tips
Add a Strong CTA
Connect your calculator to your calendar or application. Visitors who calculate are 3x more likely to convert when given a clear next step.
Position Above the Fold
Place the calculator where visitors see it immediately. Interactive tools keep visitors on your site longer and signal expertise.
Track Your Analytics
Monitor calculator usage in your dashboard. See which pages drive the most engagement and optimize your lead funnel.
Frequently Asked Questions
Everything you need to know about the Bank Statement Income Calculator
The expense factor represents the percentage of deposits assumed to be business expenses rather than income. For example, a 50% expense factor means half of deposits are treated as expenses, and the other half is considered qualifying income. Different business types have different typical expense ratios.
Different industries have different cost structures. Service businesses (consulting, freelancing) typically have lower overhead around 50%. Retail businesses have inventory costs pushing expenses to 60%. Construction businesses often run at 65% expenses due to materials and labor costs.
Lender requirements vary. 12-month programs are more common and easier to qualify for. 24-month programs may offer better rates and can help smooth out seasonal income variations. Use what your lender requires.
Simply copy the embed code from your dashboard and paste it into your website. Works with any website builder including WordPress, Squarespace, Wix, and custom sites. The calculator automatically adjusts to fit your container width.
Absolutely! With our Brand Builder, you can match your exact brand colors, fonts, and style. Choose from 5 professional themes or create a fully custom look. Your brand, your calculator.
Yes! Add custom call-to-action buttons that link to your contact form, calendar, or application. Track engagement through your dashboard analytics to see how visitors interact with your calculator.
Our calculators use industry-standard formulas based on Fannie Mae, Freddie Mac, and HUD guidelines. The same math your LOS uses. Your clients can trust the numbers.
Yes! Our Growth plan and above include multiple domain support. Perfect for loan officers with multiple landing pages or brokerages managing agent websites.
Who Uses This Calculator
Non-QM Lenders
Pre-qualify self-employed borrowers quickly. Show them their qualifying income before they apply.
Loan Officers
Help self-employed clients understand bank statement loan programs and their buying power.
Mortgage Brokers
Differentiate by serving the underserved self-employed market with specialized tools.
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