You are on page 1of 5

Loan Officer Income Projection

Month

PP 1
Signing Advance Amount $ 10,000.00 $ 1,666.67
No. of Months to Spread Signing Advance 3
No. of Months to Recapture Signing Advance 4
Base Hourly Compensation $ 867.00 $ 867.00
Basis Points Compensation 1.20%
Basis Points Override 0.30%
No. of Months of BP Override 6
Projected Monthly Loan Volume $
Month 1 $ 100,000.00
Month 2 $ 200,000.00
Month 3 $ 300,000.00
Month 4 $ 400,000.00
Month 5 $ 500,000.00
Month 6 $ 600,000.00
Month 7 $ 700,000.00
Month 8 $ 800,000.00
Month 9 $ 900,000.00
Month 10 $ 1,000,000.00
Month 11 $ 1,100,000.00
Month 12 $ 1,200,000.00

Recapture of Signing Advance

Total Projected Monthly Income $ 2,533.67


Income Less Base Hourly Compensation $ 1,666.67
1 Month 2 Month 3 Month

PP2 PP 1 PP2 PP 1 PP2 PP 1


$ 1,666.67 $ 1,666.67 $ 1,666.67 $ 1,666.67 $ 1,666.67 $ -

$ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00

$ 1,500.00 $ 1,500.00
$ 3,000.00 $ 3,000.00
$ 4,500.00

$ (1,250.00) $ (1,250.00) $ (1,250.00) $ (1,250.00) $ (1,250.00)

$ 2,533.67 $ 2,783.67 $ 2,783.67 $ 4,283.67 $ 4,283.67 $ 4,117.00


$ 1,666.67 $ 1,916.67 $ 1,916.67 $ 3,416.67 $ 3,416.67 $ 3,250.00
4 Month 5 Month 6 Month

PP2 PP 1 PP2 PP 1 PP2 PP 1


$ - $ - $ - $ - $ - $ -

$ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00

$ 4,500.00
$ 6,000.00 $ 6,000.00
$ 7,500.00 $ 7,500.00
$ 9,000.00

$ (1,250.00) $ (1,250.00) $ (1,250.00) $ - $ - $ -

$ 4,117.00 $ 5,617.00 $ 5,617.00 $ 8,367.00 $ 8,367.00 $ 9,867.00


$ 3,250.00 $ 4,750.00 $ 4,750.00 $ 7,500.00 $ 7,500.00 $ 9,000.00
7 Month 8 Month 9 Month

PP2 PP 1 PP2 PP 1 PP2 PP 1


$ - $ - $ - $ - $ - $ -

$ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00

$ 9,000.00
$ 8,400.00 $ 8,400.00
$ 9,600.00 $ 9,600.00
$ 10,800.00

$ - $ - $ - $ - $ - $ -

$ 9,867.00 $ 9,267.00 $ 9,267.00 $ 10,467.00 $ 10,467.00 $ 11,667.00


$ 9,000.00 $ 8,400.00 $ 8,400.00 $ 9,600.00 $ 9,600.00 $ 10,800.00
10 Month 11 Month 12

PP2 PP 1 PP2 PP 1 PP2


$ - $ - $ - $ - $ -

$ 867.00 $ 867.00 $ 867.00 $ 867.00 $ 867.00

$ 10,800.00
$ 12,000.00 $ 12,000.00
$ 13,200.00 $ 13,200.00

$ - $ - $ - $ - $ -

$ 11,667.00 $ 12,867.00 $ 12,867.00 $ 14,067.00 $ 14,067.00


$ 10,800.00 $ 12,000.00 $ 12,000.00 $ 13,200.00 $ 13,200.00