Asset-Depletion Calculator
Explore how a program could turn part of eligible assets into a monthly amount for a mortgage application.
This tool is for people whose savings or investments may tell a stronger story than recurring monthly income. It does not decide which accounts qualify. Instead, it shows the calculation after you enter the asset percentage and number of months from the program you are reviewing.
Do not guess the program inputs
Different lenders can treat retirement funds, brokerage accounts, ownership, access, age, down-payment money, and required remaining funds differently. If you do not have a program percentage and divisor, ask us before relying on the result.
Your numbers
What goes here?
Do not include an account unless you can document it and have the right to use it.What goes here?
Use the estimate from the Homebuying Cash Planner if the same assets are also covering the purchase. Leave at 0 if you are using separate funds for the purchase.What goes here?
Some programs require a minimum amount left in the account after the transaction. Ask us for the specific requirement of the program you are evaluating.What goes here?
Enter the percentage from the program you are evaluating.What goes here?
Enter the divisor from the program you are evaluating. 360 (30 years) is a common illustrative starting point.Estimated result
$0
Estimated monthly qualifying amount
| Total assets entered | $0 |
| Reserved for purchase & required remaining funds | $0 |
| Eligible assets after reserves | $0 |
| Eligible amount at the % entered | $0 |
Educational estimate only. Not income you receive or money withdrawn from the account. A lender must verify ownership, access, eligibility, and the exact formula.
Protect the assets you need after the purchase
A lender’s formula and your personal plan are separate. We also need to consider retirement, emergencies, health costs, repairs, and the amount you want to keep accessible.
Read the full asset-depletion mortgage guide or compare bank-statement options.
What the result means
The monthly amount is a qualification estimate created from the inputs you chose. It is not money withdrawn from the account and not income you receive. A lender must verify ownership, access, eligibility, required subtractions, and the exact formula.
Educational planning only. These tools do not provide a loan approval, offer, rate quote, Loan Estimate, or commitment to lend. Property costs, loan terms, and program rules must be confirmed for the person and property involved. Harry Protopappas, Mortgage Loan Originator, NMLS #2543750. NEXA Mortgage, LLC, NMLS #1660690. Licensed in California and Nevada. Equal Housing Lender.