Percent funded calculator
Percent funded is the figure reserve professionals and lenders ask for first: how much your association has saved against how much it should have by now. Enter what you own and what you hold.
The big things you will have to replace. Three or four is enough for a useful answer.
Should have saved by now$59,84022/25
Should have saved by now$76,80028/35
Should have saved by now$15,50011/22
| Component | Cost today | Useful life | Years left | Should have saved by now | Remove |
|---|---|---|---|---|---|
| $ | $59,84022/25 used | ||||
| $ | $76,80028/35 used | ||||
| $ | $15,50011/22 used | ||||
| Fully funded balance | $152,140 | ||||
Reserve accounts only
Used only to show the per-unit gap
27%
weakhigh risk of a special assessment
- You have
- $41,500
- On schedule you would haveThe fully funded balance, in today’s dollars
- $152,140
- Difference
- $110,640
- Per unitIf the gap were closed all at once
- $18,440
How this is worked out. For each component we take the share of its life already used — (useful life − years left) ÷ useful life — and apply it to today’s replacement cost. Added up, that is the fully funded balance. Percent funded is your balance divided by it.
What it does not tell you. The bands are an industry convention for gauging special-assessment risk, not a rule or a grade. And percent funded says nothing about timing: an association at 75% with a roof due next year can be in far more trouble than one at 40% whose next big project is a decade out.
Timing is what a 30-year forecast answers — when the fund actually runs out, and what dues would prevent it.
See when it runs out
Project thirty years, compare funding options, and get a packet your board can vote on. Free to model your whole building.
Build the full forecast