Bank Statement Loan Calculator | Qualifying Income Estimator | The Galli Team
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For Self-Employed Buyers · Free · No Email Required

Your Tax Returns Hide Your Income.Your Bank Statements Don't.

Enter your average monthly deposits and see the qualifying income a bank statement lender would actually use — plus your estimated buying power. No tax returns, no sign-up, no credit pull.

Your Deposits

Use rough averages — this is an estimate, not an application.

Total the deposits on your last 12 statements and divide by 12. Exclude transfers between your own accounts.

Debts = cars, cards, student loans. Not rent.

Add your AGI (line 11 on your 1040) to see the gap between your taxed income and your real qualifying income.

$0
Your Qualifying Monthly Income
Based on business statements · 50% expense factor
The Write-Off Gap
+$0/mo more income than your tax return shows

That's roughly $0 in extra buying power. This is exactly why bank statement loans exist — your write-offs lowered your taxes, not your real income.

Annual qualifying income$0
Max monthly housing budget$0
Estimated max loan amount$0
Estimated max purchase price$0
Or talk it through: (941) 529-1040

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Estimates only — not a loan offer, quote, or credit decision. Actual qualifying income is determined in underwriting from your full statements. Housing budget assumes up to a 50% debt-to-income allowance; principal & interest estimated with a reserve for taxes & insurance. NMLS #423065.

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Beyond the Math

What Lenders Actually Check.

Your deposit average is the headline — but underwriters look at the whole picture. Here's what matters:

📅
12 vs 24 Months
24 months of statements usually gets better pricing. 12-month programs help newer businesses or recently increased income.
📈
Deposit Consistency
Steady monthly deposits read stronger than one giant month. Seasonal businesses can still qualify — averages smooth it out.
⚠️
NSFs & Overdrafts
Multiple overdrafts in the statement period signal cash-flow stress. A few isolated ones are usually explainable.
🔄
Transfers Don't Count
Moving money between your own accounts isn't income. Lenders count genuine business deposits only.
💳
Credit & Down Payment
Most programs want 620+ credit and 10–20% down. Stronger credit and more down = better rate.
🤝
Co-Borrower W-2 Income
Many programs let you combine your bank statement income with a spouse's W-2 income — often a big boost.
Calculator Questions

Bank Statement
FAQs.

How the math works — and what happens after the estimate.

Learn About the Loans →
Lenders average your eligible deposits over 12 or 24 months. Personal statements typically count 100% of qualifying deposits. Business statements apply an expense factor — commonly 50%, or as low as 15–30% for low-overhead service businesses with a CPA letter — and the remainder counts as income.
It depends on how your money flows. If most of your income lands in a personal account, personal statements (100% counted) often win. If it flows through the business, the expense factor applies — but a lower factor with a CPA letter can close the gap. We run both ways and use whichever qualifies you higher.
No. Transfers between your own accounts, loan proceeds, and refunds are excluded. That's why the calculator asks you to exclude them from your average — and why deposit documentation matters in underwriting.
Most programs use 12 or 24 months. Twenty-four months usually prices better because it shows longer consistency; 12-month programs help newer businesses or income that recently jumped.
They can. Multiple NSFs in the statement period signal cash-flow stress and may reduce allowable income or affect approval. A few isolated incidents are usually explainable with a letter.
Most bank statement programs want 620+ credit and 10–20% down. Stronger credit and larger down payments earn meaningfully better rates.
Typically 0.5–1.5% higher than conventional. For most self-employed buyers that beats the alternative — cutting write-offs to inflate taxable income, which can cost $20,000+ in extra taxes each year. See the full worked example →
Yes — many programs allow a bank statement borrower to combine with a co-borrower's traditional W-2 income, which can significantly raise total qualifying income and buying power.
29+ Years · 25+ Lenders · Self-Employed Specialists

Your Write-Offs Were Smart.
Now Let's Make Sure They
Don't Cost You a House.

We run your real statements through 25+ bank statement lenders and tell you exactly what you qualify for. Free, no obligation, answer within 2 hours.

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