Asset Utilization Income Calculator
See how your savings, investments and retirement accounts can count as monthly income for a mortgage.
Monthly income from your assets
$10,238/mo
| Account type | Balance | Counted | Eligible |
|---|---|---|---|
| Cash | $250,000 | 100% | $250,000 |
| Investments | $600,000 | 80% | $480,000 |
| Retirement | $400,000 | 70% | $280,000 |
| Total eligible | $1,010,000 | ||
| Minus cash to close and reserves | -$150,000 | ||
| Net eligible assets | $860,000 | ||
| ÷ 84 months | $10,238/mo | ||
Percentages vary by program. Retirement accounts often count higher if you're 59½ or older.
| Comfortable (45% DTI) | Stretch (50% DTI) | |
|---|---|---|
| Max housing payment | $4,107 | $4,619 |
| Estimated price | $666,000 | $749,000 |
| Loan amount | $532,898 | $599,318 |
Most Non-QM programs allow a debt-to-income ratio up to about 50%. The price range assumes 20% down at 7.25%, taxes and insurance of 0.85% a year, and HOA of $0 a month.
Asset income
Big balances, little income on paper? That's what this is for.
Asset utilization turns savings and investments into qualifying income. No job, pay stubs or tax returns needed. Nick can tell you which program counts your assets best.
Or call or text Nick: (385) 226-9668. He picks up, even after hours.
How it's calculated
We count each account at a typical percentage, subtract the cash you'll use to close, then divide what's left by 84 months. That monthly figure is your qualifying income from assets. Other steady income, like Social Security or a pension, adds on top.
Frequently Asked Questions
How does asset utilization work?
The lender adds up your eligible assets, subtracts what you need for the down payment, closing costs and reserves, then divides what's left over a set number of months, often 84, to create monthly qualifying income.
Which assets count?
Checking, savings and money market usually count at 100%. Stocks, bonds and mutual funds are often around 80%, and retirement accounts around 60 to 70%, depending on the program and your age.
Do I need a job to qualify?
No. Asset utilization is built for retirees, business owners between ventures and high-net-worth borrowers whose income on paper doesn't match their wealth.
These calculators give estimates for educational purposes only. They are not a loan approval, rate quote or commitment to lend. Interest rates shown are examples you can change. Your actual rate, payment and terms depend on your full application, credit, property and the program you qualify for, and can change without notice. Not all applicants will qualify.
Asset income $10,238/mo
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