Self-Employed Buying Power Estimator
See roughly what you could buy
A quick, no-pressure estimate using a bank-statement approach: we take your gross income at your chosen expense ratio, subtract your other monthly debts, and translate that into an approximate home price. Slide the numbers to match your situation.
Your numbers
Everything here is a slider — nothing is a commitment. Adjust and watch your estimate update.
Your total business deposits / revenue before expenses.
Bank statement programs commonly assume ~50% of deposits are business expenses.
Your ratio may be lower The ratio depends on your business type. Service businesses with no employees — solo consultants, agents, and other low-overhead operators — are often qualified at an expense ratio as low as 15%, which can raise your buying power substantially. A CPA or licensed tax preparer letter is typically required to use a ratio below the standard 50%, and the final ratio is set by the lender and program.
A co-borrower's W-2 salary, 1099 work, retirement or pension income, or net rental income. Enter the gross monthly amount, before taxes.
How this is counted Income entered here is not reduced by the expense ratio above — that ratio applies only to business deposits, and W-2 or salary income is already net of business expenses. Two things to keep the estimate honest: for rental income, enter about 75% of the gross rent, since lenders discount it for vacancy and upkeep. And if this is a co-borrower's income, add their car payments, cards, and student loans to the monthly debts below.
Car loans, credit card minimums, student loans, etc. — not rent.
Percent of the home price you pay up front.
A placeholder — adjust to a rate Justin quotes you. Non-QM rates differ from conventional.
Estimated buying power
$0
estimated home price
No credit pull to start · takes about 10 minutes
Rough estimate only, for education. Assumes a 50% maximum debt-to-income ratio and roughly 1.5%/yr for property taxes + insurance on a 30-year term; it does not include HOA dues, reserves, mortgage insurance, or every qualifying factor. This is not a pre-approval, a commitment to lend, or financial advice — your actual numbers depend on the lender, program, and your full profile. Bank statement and Profit & Loss loans are non-QM products; rates, down payment, loan amounts, expense ratios, and qualifying guidelines vary by lender, program, and borrower profile and are subject to change. Expense ratios are determined by the lender based on your business type and structure — the 50% default shown here is a common assumption, not a guarantee, and reduced ratios such as 15% for service businesses with no employees generally require supporting documentation from a CPA or licensed tax preparer. Other income entered in this estimator is treated as gross monthly qualifying income and is not reduced by the expense ratio; all income must be documented and verified, rental income is typically counted at roughly 75% of gross rents, and any co-borrower's income can only be used if their debts and credit are also included in the file.