Calculators

Asset Calculator

Calculates net family assets and income from assets under HOTMA (24 CFR 5.609) using the four-scenario imputation approach — or pre-HOTMA “greater-of” rules for older effective periods — including which assets are exempt and whether self-certification applies.

Step by step

1. Set the effective year

   Confirm the HUD Effective Year, which sets the passbook rate, the imputation threshold ($50,000 under HOTMA), and the methodology.
2. Add an asset

   Click Add Asset and choose the Asset Type; HOTMA-exempt types auto-exclude themselves.
3. Enter value

   Enter the Cash Value and an optional description.
4. Enter income

   Enter an Interest Rate, Rental Income, or dividends to compute actual income; leave blank to let the tool impute income instead.
5. Adjust inclusion

   Optionally type an Actual Annual Income directly, or check Exclude from net family assets.
6. Review

   Add all household assets and read the live results, the scenario badge, and the threshold note.
7. Print

   Click Print to generate the Asset Analysis Worksheet.

What you get

Three live stats — Net Family Assets (with a self-certification vs. third-party-verification note), Income from Assets, and Active Assets — plus a color-coded badge naming the applied HOTMA scenario and a Calculation Details panel itemizing every included and excluded asset. A Print button produces a formatted Asset Analysis Worksheet.

Tips & notes

• The $50,000 threshold is the HOTMA gate: at or below it, only actual income counts and self-certification is allowed.
• Entering an interest rate, dividend, or rental amount converts an asset to “actual income known” and locks its income field.
• Choosing a pre-2016 / 2016–2023 effective period switches to a $5,000 threshold and pre-HOTMA “greater-of” rules.
• Exempt asset types still appear in the Excluded Assets list for documentation.