MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
How it works
Haircuts: cash 100%, investments 70%, retirement 60–80% by age. Then (haircut pool − down − closing − reserves) ÷ divisor = monthly income, which implies a max loan at a target DTI. See Requirements.
California Asset Depletion Calculator
Estimated monthly qualifying income
$0
Eligible asset pool (after haircuts)$0
Less down + closing + reserves$0
Net depletion pool ÷ 120$0
+ Other income$0
Est. max loan (~43% DTI, illustrative)$0
Reading your result
- Asset pool applies each haircut — cash full, investments ~70%, retirement by your age.
- Net depletion pool is what's left after down payment, closing, and reserves.
- Monthly income = net pool ÷ your divisor. A shorter divisor produces more.
- Max loan is a rough estimate at a ~43% DTI — for illustration, not an offer.
Expert tip: Run the calculator twice — once at a 120-month divisor and once at 60 — and watch your qualifying income roughly double. That gap is the whole game. Most borrowers don't realize the same portfolio can support wildly different loan sizes depending on the program, and the shortest divisor you qualify for is usually worth far more than any rate you could negotiate. Then add any real income — Social Security, a pension, dividends — in the "other income" box and watch it stack on top. The optimized file uses the strongest divisor plus every dollar of actual income. We find that combination for you. Optimize my file →
Reviewed by the licensing team at Save Financial, a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766) founded in 2009 and serving all 58 counties. Nothing here is tax or investment advice.