Condo Budget Reserve Calculator
How the requirement is calculated:
• Conventional: reserves must be at least 10% of the budget less the reserve contribution.
• FHA: reserves must be at least 10% of the gross budget.
This tool is for guidance only and is not a lending or legal determination.
• Conventional: reserves must be at least 10% of the budget less the reserve contribution.
• FHA: reserves must be at least 10% of the gross budget.
This tool is for guidance only and is not a lending or legal determination.
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of budget set aside for reserves
Enter your budget and reserve contribution to see results.
Reserve contribution—
Required (10%)—
Surplus / shortfall—