Loan prep tool
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 manual tool. If you want the real document view after that, analyze a statement PDF.
Free tool
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
Based on $14,000/mo deposits, $1,500/mo excluded, and a 50% expense factor.
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.
Common qualifying-income setup
The formula is straightforward. The real work is deciding which deposits count as income, which ones should be excluded, and whether the statement pattern looks clean enough for someone else to trust.
Natural next step
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.
What it gives you
Fast enough for a first pass
Each tool is intentionally narrow. The job here is a clean estimate, not a fake replacement 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
Useful when you want a first-pass read on usable income before anyone gets into debt, property, or full underwriting.
Mortgage brokers
Fast enough for intake calls when the key question is what monthly income the statement set might support.
Loan processors
Helpful for sizing the income story before you spend time cleaning up the full file.
Borrowers comparing scenarios
Good when you want to see how exclusions and expense haircuts change the usable income number.
Deeper context
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.
Supporting guides
Read the article version if you want more context
The tool gives you the quick read. These posts explain the thresholds, use cases, and document expectations behind the result.
FAQ