Consumer borrowing tools
Run the math and you will notice something a conventional lender never bothers to ask: what if the money sitting quietly in your accounts is your income? This calculator was built for the retiree living well off decades of good decisions, the founder who sold a company and has not gone looking for a new paycheck, the widow whose late spouse left a portfolio instead of a pension, anyone whose account balances tells a far stronger story than a W-2 ever could.
What the calculator will not provide you is one clean, final number. Every lender has their own asset depletion guidelines, with most following the calculations here. However, a handful of non-QM lenders count stocks and mutual funds at their full value instead of a reduced percentage, which means you could qualify for a higher loan amount depending on the lender. Treat the figures below as a conservative estimate.
Most lenders divide your qualifying assets over 5 or 7 years, so the calculator below defaults to one of those two timelines unless you tell it otherwise. Reserve requirements are usually 6 months of your mortgage payment, and 9 months if the loan amount is over $1 million.
Step 1. Enter your date of birth
Your Monthly Income Calculation
Need to refinance? You may deplete or utilize your liquid assets too. Use our refinance analysis app with a side-by-side loan comparison.