Free Calculator
Estimate your qualifying income and loan amount from your bank deposits — the way a bank-statement lender actually calculates it. Adjust the expense factor to match your program.
Estimate only. Lenders vary in how they count deposits and set the expense factor. Business-account programs may use a different ratio. Rates and DTI limits differ by lender.
A bank-statement lender totals your qualifying deposits over 12 or 24 months, applies an expense factor to approximate business costs, and averages the result into monthly qualifying income. That income — minus your other monthly debts, up to an allowable debt-to-income ratio — drives how much you can borrow.
Programs differ: personal-account programs often assume ~50% expenses; business-account programs may use a set percentage or your CPA's expense ratio. Learn more in what is a bank statement loan and how to apply.
If you're self-employed, your tax returns rarely show what you actually earn — write-offs shrink the number a conventional lender sees. A bank statement loan fixes that by qualifying you on your deposits instead of your 1040. Lenders average 12 or 24 months of business or personal bank statements and apply an expense factor to estimate your qualifying income.
For example, if your business account shows $40,000 a month in deposits and the lender uses a 50% expense factor, about $20,000 a month counts as qualifying income. Personal accounts are often treated more favorably because they're assumed to already net of expenses. This calculator gives you a starting estimate; as a broker, Save Financial shops multiple bank statement lenders to find the expense factor and terms that qualify you for the most. Call (949) 379-5320.
It depends on the lender and your account type — commonly around 50% for business bank statements, and lower (sometimes 0–25%) for personal statements or with a CPA-prepared expense ratio. The right lender can mean thousands more in qualifying income, which is why shopping matters.
Often personal statements, because lenders assume those deposits are already after business expenses, so little or no expense factor is applied. Business statements show gross revenue, so an expense factor is deducted. We compare both to see which qualifies you for a larger loan.
Lenders total your qualifying deposits over 12 or 24 months and apply an expense factor (often around 50% for personal accounts, or your business's expense ratio) to estimate net income, then divide by the number of months.
It varies — personal-account programs often assume roughly 50% expenses; business-account programs may use a fixed percentage or your CPA's stated expense ratio. This calculator lets you set it.
No — it's an estimate to show roughly how deposits translate to qualifying income and payment. Your actual approval depends on the lender, credit, and full file.
Roughly your qualifying monthly income times an allowable debt-to-income ratio, minus other debts. Enter your numbers above for an estimate, then call us to confirm.
We shop bank-statement lenders to turn your real cash flow into the biggest possible approval. Free, no credit pull to start.
Use the self-employed income calculator to see all three side by side. For many business owners, bank statement or P&L income is far higher than the net profit on their tax returns.
For personal statements, set the expense factor to 0 and enter only deposits that come from your business. Here’s how lenders treat each.