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Bank Statement Loan Calculator for California

Enter your monthly deposits and expense factor, and this calculator estimates your qualifying income — then turns it into a monthly payment and a maximum loan amount. It's the fastest way to see what your deposits, not your tax return, could buy.

MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
How It Works

Qualifying income = average monthly deposits × (1 − expense factor). We then cap total housing + debt at ~45% of that income and back into a loan amount at your rate and term. Lower your expense factor (with a CPA letter) and watch the number rise. Estimates only — see Requirements for the real rules.

Estimate your qualifying income & loan

Adjust the inputs — results update instantly.

50%
This is an educational estimate, not a pre-approval or offer of credit. It simplifies underwriting: real qualifying income depends on which deposits count, your statement period, credit, reserves, and lender rules. Rate shown is an assumption you enter, not a quote. Bank statement loans carry no mortgage insurance. Verify everything with a licensed loan officer.

Reading your result

The calculator does what an underwriter does in miniature: it converts deposits into income, applies a DTI ceiling, and solves for the loan your income supports. Three levers move the answer most:

  1. The expense factor

    On business accounts, this is the biggest lever. Dropping it from 50% to 35% with a CPA letter raises qualifying income by roughly a quarter — often tens of thousands in buying power.

  2. Your rate & term

    A 40-year term or lower rate reduces the payment, letting the same income support a larger loan. See Rates.

  3. Other debts

    Every dollar of monthly debt is a dollar less housing payment under the DTI cap. Paying down a card before applying can lift your number.

Expert tip: Run it twice — once at a 50% expense factor and once at what your CPA can actually document. The gap between those two loan amounts is exactly what a good CPA letter is worth to you. If it's meaningful, getting that letter is the highest-return hour you'll spend on the whole file. Have us verify it →

Frequently asked

How does it estimate income?

Average monthly deposits × (1 − expense factor). Business accounts default to ~50%; personal accounts use less or none.

Does a lower expense factor help?

Yes — more deposits count as income. A CPA letter documenting real expenses below 50% raises your number.

Is this an approval?

No — an educational estimate. Real figures come from full underwriting of statements, credit, and reserves.

What DTI does it assume?

~45% housing-plus-debt by default; some programs allow up to ~50%.

Reviewed by the licensing team at Save Financial, a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766) founded in 2009 and serving all 58 counties from offices in Newport Beach and Marina del Rey.

Like the number? Let's turn the estimate into an approval.

Send us your statements and we'll verify the deposits that count, apply the right expense factor (and help you get a CPA letter if it lifts your income), and give you a real qualifying number and rate. Free, no obligation.