Asset Depletion

Borrower first name

Borrower last name

Loan number

Asset accounts

0 accounts

Account name Last 4 Account type Balance Eligible

Total balances $0

Total eligible $0

Qualifying income

Monthly income

$0.00

Enter balances to calculate

Cash at 100% $0.00

Retirement at 80% $0.00

Stock/Bond at 90% $0.00

Depletable assets $0

Less funds required to close

Optional. Down payment and closing costs paid from these accounts.

Depletion term in months

84 months is the standard term. Change it if your program uses a different one.

Required reserves

Tracked separately. Reserves do not reduce the income calculation above.

Subject property loan

PITIA

Months

Reserves required $0.00

Bridge loan if applicable

PITIA

Months

Reserves required $0.00

Total reserves $0.00

For pre-qualification estimates only. Asset eligibility percentages, seasoning requirements, ownership documentation, and depletion terms vary by lender and loan program. Retirement accounts may require the borrower to be of distribution age, and some programs apply an additional haircut before the percentages above. Final income determination is made by the underwriter.