Bank Statement Loan Income Calculator
Estimate your qualifying monthly income from your real deposit history — personal account or business account — in under a minute.
Personal-account programs typically apply a more conservative expense factor since deposits are mixed with non-business funds.
Add up your last 12–24 months of statements and divide by the number of months — or estimate a typical month.
Transfers from savings, gifts, loan proceeds, tax refunds, one-time deposits — back these out before calculating.
50% is a common default — half of deposits assumed as business expense, half treated as usable income. A documented, lighter-overhead business may qualify for a lower factor.
Deposits typically counted
- Client payments — cash, check, Zelle, Venmo, CashApp
- Recurring, consistent monthly deposits
- Deposits matching your stated trade or business
- 1099 payments and invoiced income
Deposits typically excluded
- Transfers between your own accounts
- Loan or credit card proceeds
- Large one-time or unexplained deposits
- Gifts, tax refunds, non-recurring windfalls
This calculator provides a general estimate for educational purposes only and is not a loan approval, quote, or commitment to lend. Actual qualifying income depends on the specific lender, program guidelines, and full underwriting review. Contact Stacy for an accurate assessment based on your actual bank statements.
The math behind the number
Bank statement lenders don’t read your tax return — they read your deposit pattern. Here’s the three-step logic this calculator (and most bank statement underwriting) follows.
Start with total deposits
Your average monthly deposits across 12–24 months of statements — every dollar in, before anything is backed out.
Remove non-business deposits
Transfers, gifts, refunds, and one-time deposits don’t reflect ongoing income, so they’re excluded before qualifying income is calculated.
Apply an expense factor
A percentage of what’s left is treated as the cost of running your business. What remains is your qualifying income — the number used for your loan amount and DTI.
Two sample scenarios
Real shapes this calculation takes for two common self-employed profiles.
Independent hairdresser, booth renter
Independent contractor, 14 months of business banking
The rest of your toolkit
The 12-Month Roadmap
See exactly how to move from today’s personal-account number to a stronger business-account qualifying income.
View the roadmap →Self-Employed Mortgage Document Checklist
The exact paperwork to gather once you know your numbers, organized by loan path.
View the checklist →Common Questions
Want your real number, not an estimate?
Send me a couple months of statements and I’ll run the actual numbers for the programs you qualify for today.