Definitions:
Your income - Your total gross income
from your paycheck.
Other income - Any other income that
you receive including bonuses, alimony, child support
or income from a business.
Federal tax withholding - Total amount
withheld for federal taxes. Enter this amount from your
paystub.
State tax withholding - Total amount
withheld for state taxes. Enter this amount from your
paystub.
Local tax withholding - Total amount
withheld for local taxes. Enter this amount from your
paystub.
Other taxes and withholdings - Total
amount withheld for any other taxes or miscellaneous
item. Enter this amount from your paystub.
FICA - Total withheld for FICA based
on the gross income on you paycheck.
Medicare Total - withheld for Medicare
based on the gross income on you paycheck.
Insurance and benefits - Total amount
withheld for insurance and benefits by your employer.
Enter this amount from you paystub.
Company savings plan - Total amount
withheld from your paycheck that is deposited into a
company savings plan such as a 401(k) or 403(b).
Loan Application
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