Freddie Mac DTI Worksheet
Income, liabilities and asset-based income in one pass
Borrower & property
Monthly income
$0
SourceMonthly amount
Assets as income
$0
Freddie Mac Section 5307.1. Balances must be seasoned 12 months and available post-closing. Retirement funds must be documented as withdrawable without penalty: the borrower is 59½ or older, or has a documented IRS exception (disability, Rule 72(t) periodic payments, certain hardship withdrawals). Under 59½ with no exception, the account cannot be used.
AccountBalance
Gross balances$0
Less ineligible retirement balances$0
Net eligible assets$0
Division factor (months)
Asset-based monthly income
$0
No asset accounts entered.
Proposed housing payment
$0
Total PITIA
$0
Monthly liabilities
$0
DescriptionPaymentOmit
Total monthly debt
$0
Enter income and payments
•
Back-end DTI
—
50% max
Wage & other income$0
Asset-based income$0
Total qualifying income$0
Housing payment (PITIA)$0
Other monthly debt$0
Total obligations$0
Front-end (housing) ratio—
Income needed at 50%—
Income cushion—
Assets required to close gap—
MI provider eligibility
Assets as income · Section 5307.1
Where each mortgage insurance provider currently stands on accepting asset-based qualifying income. Confirm with your MI rep before locking a loan that requires coverage.
Provider
Status
ARCH
Will allow
Enact
Will allow
Essent
Will allow
MGIC
Will allow
National MI
Will allow
Radian
Will allow
Boxcar Mortgage, LLC DBA Highland Mortgage | NMLS# 1969375 | nmlsconsumeraccess.org | +1 (404) 850-0959 | Equal Housing Lender
Internal worksheet for estimation only. This is not a commitment to lend or lending advice. All loans are subject to borrower qualification, including credit approval, income, and property evaluation. Interest rates, loan terms, and program availability are subject to change without notice. Ratios calculated here do not replace an AUS finding or underwriter decision. Asset-based income treatment follows Freddie Mac Guide Section 5307.1 as amended; eligibility, seasoning, documentation and minimum-balance requirements apply.