Qualifying income calculator
Start with average deposits, exclusions, and an income haircut that resembles lender math before you inspect the full statement set.
Start with the free tool. For the real numbers from your own statement, analyze a statement PDF.
Pick the right tool
Need the loan size estimate next?
Use the loan calculator when you want to turn usable income into an affordability or mortgage range.
Open loan calculator →Need package quality instead?
Use the proof-of-income checker when the question is whether the statement package looks defensible enough to send.
Open proof checker →Need the real statement math?
Use the analyzer when you want actual deposits, exclusions, and recurring patterns pulled from the uploaded file.
Analyze a statement PDF →Estimate qualifying income before you size the full deal
The free version gives you manual qualifying-income math. The paid flow becomes useful when you want the deposits pulled from the real statement, transfers excluded, and the income story grounded in actual transaction history.
Qualifying-income inputs
This is manual bank-statement income math, not an underwriting approval.
Average monthly deposits visible across the statement set.
Transfers, reimbursements, or non-business inflows to exclude.
Common non-QM haircut
Most common statement window
Qualifying income
$6,250/mo
Deposits left after obvious non-income exclusions.
Monthly qualifying income x 12, averaged from 12 months.
The portion not counted as qualifying income.
Manual smoothing period only.
Read on this estimate
Common qualifying-income setup
Turn rough deposit math into statement-backed qualifying income
The calculator is useful for a directional number. The product becomes useful when you want real deposit detection, exclusions cleaned up from the statement itself, and a file someone else can actually review.
- Every transaction from the real file
- Category totals and repeat charges
- Export to Excel or CSV
Fast enough for a first pass
Each tool does one job: a clean estimate, not a stand-in for a full statement analysis.
Purpose-built for bank statement income
Built around deposits, exclusions, and lender-style expense factors instead of generic salary math.
Clean first-pass income read
Useful before you move on to debt, DTI, and full loan sizing.
Strong bridge to file analysis
Naturally hands off to the full flow when you need the actual statement reviewed instead of guessed inputs.
Who this tool is for
This tool isolates the income question before the wider underwriting workflow begins.
Self-employed borrowers
Mortgage brokers
Loan processors
Borrowers comparing scenarios
Why qualifying income is different from deposits
The important question is not how much money entered the account. It is how much of that inflow a lender would plausibly treat as usable income.
Transfers should not inflate the result
Internal transfers, reimbursements, and one-off movements can make the deposit base look stronger than the real business-income pattern.
Expense factors are a haircut, not a penalty
The haircut reflects the fact that gross deposits are not net usable income. Different business types and document sets can justify different assumptions.
Averaging windows smooth noisy months
Using 12 or 24 months can produce a more believable read than anchoring on one unusually good or unusually weak period.
Guides that go deeper
The tool gives the quick read. These guides explain the thresholds and what documents are expected.
Qualifying income calculator: questions & answers
What is a qualifying income calculator?
It estimates lender-style usable income from average deposits, obvious non-income exclusions, and an expense factor rather than assuming 100% of deposits are usable income.
Is this the same as an approval amount?
No. It estimates qualifying income only. Approval still depends on debt, reserves, rate, documentation quality, and the lender's underwriting rules.
Why do I need an expense factor?
Because bank statement lenders usually apply a haircut to deposits. They do not count every dollar of visible inflow as clean qualifying income.
Why upload statements after using this calculator?
Because the hard part is deciding which deposits count, which ones should be excluded, and whether the real file supports the income story cleanly.
Something else on your mind? Write to contact@mybankstatementanalysis.com.