Bank Statement Calculator

12 Month Personal Bank Statement Income Calculation Summary

Self Employed Borrowers Only

To be used in conjunction with personal statements

Comments:

Less Excluded Deposits

Less: Transfers from other
Statement End PERSONAL Accounts
Begin with Most
Date Total Deposits (Deposits from business Total Eligible Deposits NSF / OD
Recent Month (W2
(MM/DD/YY) accounts are permissible and
wages, SS Inc, Rental inc,
expected)
etc)

1 $ -
2 11/99 $ -
3 10/99 $ -
4 09/99 $ -
5 08/99 $ -
6 07/99 $ -
7 06/99 $ -
8 05/99 $ -
9 04/99 $ -
10 03/99 $ -
11 02/99 $ -
12 01/99 $ -
Recent Year
Total $ - 0

Total Deposits $ - 12 Month Average $ -

Qualifying Income $ -

Carrington Mortgage Services, LLC 1 of 7

Proprietary and Confidential
 24 Month Personal Bank Statement Income Calculation Summary
Self Employed Borrowers Only
To be used in conjunction with personal statements
Comments:

Less Excluded
Less: Transfers from other Deposits
Statement
PERSONAL Accounts
Begin with Most End Date Total Eligible
Total Deposits (Deposits from business NSF / OD
Recent Month Deposits
accounts are permissible
(MM/DD/YY)
and expected) (W2 wages, SS Inc,
Rental inc, etc)
1 $ -
2 11/99 $ -
3 10/99 $ -
4 09/99 $ -
5 08/99 $ -
6 07/99 $ -
7 06/99 $ -
8 05/99 $ -
9 04/99 $ -
10 03/99 $ -
11 02/99 $ -
12 01/99 $ -
Recent Year
Average $ - 0
13 12/98 $ -
14 11/98 $ -
15 10/98 $ -
16 09/98 $ -
17 08/98 $ -
18 07/98 $ -
19 06/98 $ -
20 05/98 $ -
21 04/98 $ -
22 03/98 $ -
23 02/98 $ -
24 01/98 $ -
Prior Year
Average $ -

Recent Year Recent Year

$ - $ -
Total Deposits 12 Month Average
24 Month
$ - 24 Month Average $ -
Total Deposits

Qualifying Income $ -
(Lesser of Recent Year or 24 Month Average)

Carrington Mortgage Services, LLC 2 of 7

Proprietary and Confidential
 Bank Statement Calculator

12 Month BUSINESS Bank Statement Income Calculation Summary

Self Employed Borrowers Only
To be used in conjunction with Business statements
Comments:

Less Excluded Deposits

Statement End Wire Transfers from Other
Begin with Most
Date Total Deposits Accounts must be Total Eligible Deposits NSF / OD
Recent Month (W2
(MM/DD/YY) documented or Excluded
wages, SS Inc,
Rental Inc, etc)

1 $ -
2 11/99 $ -
3 10/99 $ -
4 09/99 $ -
5 08/99 $ -
6 07/99 $ -
7 06/99 $ -
8 05/99 $ -
9 04/99 $ -
10 03/99 $ -
11 02/99 $ -
12 01/99 $ -
Recent Year
Total $ - 0

Total Deposits $0.00 12 Month Average $0.00

Business Ownership
Percentage 100% Business Type Products

Option 1 and Option 2

Option 1 - Default Expense Factor

Net Annual
Expense Factor 60% Income $0.00

Option 1
Qualifying Income $0.00

Option 2 - Actual Expense Factor

Business Expense Statement Net Annual
Percentage % Income

Option 2
Qualifying Income

Carrington Mortgage Services, LLC

3 of 7
Proprietary and Confidential
 24 Month Business Bank Statement Income Calculation Summary
Self Employed Borrowers Only
To be used in conjunction with Business Bank Statements

Comments:

Less Excluded
Deposits
Statement End Wire Transfers from Other
Begin with Most
Date Total Deposits Accounts Must be Total Eligible Deposits NSF / OD
Recent Month
(MM/DD/YY) Documented or Excluded (W2
wages, SS Inc, Rental
inc, etc)
1 $ -
2 11/99 $ -
3 10/99 $ -
4 09/99 $ -
5 08/99 $ -
6 07/99 $ -
7 06/99 $ -
8 05/99 $ -
9 04/99 $ -
10 03/99 $ -
11 02/99 $ -
12 01/99 $ -
Recent Year
Total $ - 0

13 12/98 $ -
14 11/98 $ -
15 10/98 $ -
16 09/98 $ -
17 08/98 $ -
18 07/98 $ -
19 06/98 $ -
20 05/98 $ -
21 04/98 $ -
22 03/98 $ -
23 02/98 $ -
24 01/98 $ -

Prior Year $ -
Total

Recent Year $0.00

Recent Year $0.00
Total Deposits 12 Month Average
24 Month $0.00 24 Month Average $0.00
Total Deposits

Carrington Mortgage Services, LLC 4 of 7

Proprietary and Confidential
 Business Ownership
100% Business Type Products
Percentage

Option 1 and Option 2

Option 1 - Default Expense Factor

24 Mth Total Income adjusted for
Expense Factor 60% $0.00
% Ownership & Expenses

Option 1 (Using 24-mth

$0.00
Qualifying Income Average)

Option 2 - Actual Expense Factor

Business Expense Statement

Percentage %

Option 2
Qualifying Income

Carrington Mortgage Services, LLC 5 of 7

Proprietary and Confidential
 Deposit Tracking
To utilize as a working log of deposits requiring research
Note: This is a standalone worksheet and does not feed back into the bank statement worksheets
Comments:

Deposit Deposit Deposit

Date Amount Description Notes:
Products
Service