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A borrower earned overtime of $6,200 in 2024 and $7,400 in 2025, and the trend is stable. Using a 24-month average of the two full years, what monthly overtime income may be used?
Average = ($6,200 + $7,400) / 24 months = $13,600 / 24 = $566.67 a month (the stem sets the method; Fannie Mae requires at least 12 months of variable income and averages stable income over year-to-date plus the prior year, Selling Guide B3-3.3-02, dated Mar 4, 2026). $616.67 uses 2025 alone; $516.67 uses 2024 alone; $1,133.33 divides by 12 instead of 24. Source: Fannie Mae Selling Guide, B3-3.3-02 (Mar 4, 2026) (as at 11 Oct 2026).
Dividing two years of overtime by 12 months.
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