Non-QM Mortgage Calculator & Income Calculator

For borrowers with unique financial situations, traditional loans may not be the best fit. Our Non-QM Mortgage Calculator is designed to help you estimate monthly payments for non-qualified mortgages (Non-QM), including bank statement loans, 1099 income loans, asset-based loans, and P&L-based loans. Whether you're self-employed, a real estate investor, or have complex income sources, this calculator empowers you to explore flexible loan options tailored to your needs.

Calculate Your Bank Statement Mortgage Monthly Income:

Key Features of the Non-QM Mortgage Calculator:

Comprehensive Payment Estimates: Includes principal, interest, taxes, and insurance for Non-QM loans.
Customizable Inputs: Adjust loan amount, interest rate, and loan term to fit your unique scenario.
Covers All Non-QM Options: Calculates payments for bank statement loans, 1099 income loans, P&L-based loans, and asset-based loans.
Easy to Use: Provides quick and accurate results to guide your financial planning.

What Are Non-QM Loans?

Non-QM loans, or non-qualified mortgages, are designed for borrowers who don't meet the strict criteria of traditional loans. These flexible mortgage options cater to individuals with unconventional income or financial profiles, offering solutions that fit their unique circumstances.

Popular Non-QM Loan Options Include:

Bank Statement Loans: Ideal for self-employed borrowers, income is verified using 12–24 months of bank statements.
1099 Income Loans: Tailored for independent contractors and gig workers, based on 1099 forms.
Profit and Loss (P&L) Loans: For business owners, income is calculated using a profit and loss statement.
Asset-Based Loans: Suitable for high-net-worth individuals, qualification is based on liquid assets rather than income.
DSCR Loans: Designed for real estate investors, loans are approved based on rental property income.

Who Should Use the Non-QM Mortgage Calculator?

This calculator is perfect for:

Self-Employed Borrowers: Estimate payments for loans based on bank statements or P&L statements.
Independent Contractors and Gig Workers: Explore 1099 income-based loan scenarios.
Real Estate Investors: Calculate payments for DSCR loans and other property-focused financing.
High-Net-Worth Individuals: Evaluate options for asset-based mortgage loans.
Borrowers with Credit Challenges: Non-QM loans offer flexible requirements for those with non-traditional credit profiles.

How to Use the Non-QM Mortgage Calculator:

Enter Loan Details: Input the loan amount, interest rate, and loan term.
Add Property Costs: Include estimated property taxes and insurance.
Select Loan Type: Explore payment scenarios for bank statement loans, 1099 loans, or other Non-QM options.
Review Results: View your monthly payment breakdown, including all key components.