A design demonstration. Ropewalk is not a real lender.

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RopewalkMortgage Co.
CalculatorsStart a file

What income will deposits support?

Bank-statement income

If your tax return is written to minimise tax, it is a poor description of what you earn. This is the arithmetic a bank-statement lender does instead — and the number in the middle of it, the expense factor, is the one worth arguing about.

This is how the income figure is produced. It is not an approval, and it does not price the loan: bank-statement programmes carry a rate premium that this page does not attempt to estimate.

Your inputs

Your statements

Add up every credit into the business account across all the statements.

Transfers between your own accounts, loan proceeds, refunds, asset sales.

The assumptions

The share of revenue treated as income after business costs. 50% is a common default on a business account; a CPA-supported figure can be very different.

What it would support

Non-QM pricing sits above conforming. Use the number you were actually given.

Your result

Qualifying monthly income

$12,000

$144,000 a year, as a lender would count it

How it was worked out

Eligible deposits$576,000
Excluded as non-revenue$36,000
Assumed business expenses$288,000
Counted as income$288,000
Average monthly deposits$24,000.00
OwnershipYou own the whole business

What that income supports

Price, at 31% / 43% ratios$505,441
Housing budget$3,720
Binding constraintYour housing-payment ratio is the limit

Wider ratios than the affordability calculator's defaults, because non-QM programmes generally underwrite to them. Change every assumption here.

Where the deposits go
How much the expense factor decides

Everything else on this page is arithmetic. This one number is a negotiation, and it is worth thousands a month.

Take this with you

Every number you entered is in the address bar. Copy the link and it opens with your inputs restored — that is how everything else here shares.

Nothing is sent from this site. This is a demonstration: when you press the button it builds a message you can send yourself from your own mail app, which is the only honest version of this feature here.

What this assumes

  • Eligible deposits are the total less what you marked as non-revenue, averaged over the statement period.
  • The expense factor is applied to eligible deposits, then your ownership share, then divided by the number of statements.
  • Nothing here checks whether the deposits are consistent month to month. A lender will, and a single month that looks like an outlier can put the whole file back a fortnight.
  • The affordability figure uses 31% and 43% ratios and no mortgage insurance, which is typical for these programmes at 20% down or more.

Demonstration form

Have someone look at it

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Only used to call you back — and on this demonstration, not even that.

This form does not send anything. It validates what you type, shows you a confirmation, and stops there. Nothing is stored, nothing is transmitted, and nobody will call you. There is no consent box here because there is nothing to consent to.

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