Income Calculation Worksheet - SunTrust
Loan Number: _______________________________
Salaried / Hourly Income Calculation Worksheet
Borrower: _______________________________
Base Pay Only
Bonus/Overtime Income
Base Pay / Hourly Pay:
(includes base, sick, vacation and holiday pay)
If Hourly X # of hours
X Frequency of Pay (52, 26, 24, or 12):
/ 12 = Base pay
Base Pay per Month:
Use as Base Pay Income?
YTD:
YTD Bonus per Month (YTD / 12)
Bonus/Overtime Income (Multiple Years)
$
YTD:
Previous Year 1:
Previous Year 2:
Number of Months:
Multiple Year Bonus per Month:
Use Average Bonus/OT or Current Bonus Figure?
OR
Base Pay Only (YTD)
Base Pay (Includes base, sick, vacation, holiday):
Start Date:
End Date:
Number of Months:
YTD Base Pay per Month:
Use as Base Pay Income?
$
$
Other Income
$
Commission Income
YTD:
Previous Year 1:
Previous Year 2:
Number of Months:
Commission per Month:
Unreimbursed Business Expense (UBE) YTD:
Unreimbursed Business Expense Previous Year 1:
Unreimbursed Business Expense Previous Year 2:
Unreimbursed expenses number of months
Monthly unreimbursed expenses
Total Commission Income per Month minus UBE:
Commission Income Percentage of Total Earnings:
$
$
Lender Name: _____________________________________
%
Amount of Monthly Alimony Received:
Amount of Monthly Child Support Received:
IRA / Pension / Annuity
/ 12 =
Taxable Social Security Benefits:
/ 12 =
Non-Taxable Social Security Benefits:
X 1.25=
/ 12 =
Recurring Unemployment Compensation:
/ # of months
Total monthly unemployment compensation
Recurring Dividend Income Year 1:
Recurring Dividend Income Year 2:
/ # of months
Total monthly dividend income
Recurring Interest Income Year 1:
Recurring Interest Income Year 2:
/ # of months
Total monthly interest income
Other: (show your work)
Other: (show your work)
Date:________________________________________
Total Other Income:
$
Correspondent COR 1404
12/18/09
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