Your P&L net income ÷ 12 or 24 = monthly qualifying income (no 50% haircut). We fit a housing payment to a target DTI after your debts, then convert it to a max loan at your rate. See Requirements.
Estimate your P&L loan
Enter the net income from your CPA-prepared P&L.
Educational estimate only — not a pre-approval, quote, or commitment to lend. Your qualifying income is the net income your CPA certifies on the P&L. Actual approval depends on credit, reserves, down payment, the property, and lender underwriting. Figures illustrative for 2026. Nothing here is tax advice.
What the numbers mean
The calculator divides your P&L net income by the period (12 or 24 months) to get monthly qualifying income — the figure a P&L lender actually uses. It then applies your chosen DTI, subtracts existing debts and taxes/insurance, and converts the remaining principal-and-interest budget into a loan amount at your rate and term. Adding your down payment gives an estimated purchase price. Because there's no automatic expense haircut, your qualifying income is often meaningfully higher than a bank-statement loan would produce.
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. Nothing here is tax advice.