Asset Depletion Income Calculator
Asset Depletion Income: a planned Super Calculator tool. Covers liquid assets (currency). Stub page while the tool and its worked example are prepared.
Asset Depletion Income Calculator is a planned calculator in the real estate section of Super Calculator, covering affordability and qualification.
What this calculator will compute
Inputs: liquid assets (currency), retirement assets (currency), down payment (currency), closing costs (currency), reserves required (currency), depletion period (months) and haircut (%).
Outputs: eligible assets (currency), monthly qualifying income (currency) and maximum loan supported (currency).
Formula, recorded as scope and not yet verified against a primary source: Converts liquid assets into qualifying income by dividing eligible assets, after haircuts for retirement and volatile accounts and after deducting funds needed for down payment, closing costs and reserves, by a program-defined number of months.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.