Board readiness · Financial presentation
Know what remains after closing.
Estimate assets left after the down payment and closing costs, then compare those reserves with the monthly housing obligations a board or lender may review.
Use the calculatorPost-closing liquidity calculator
Estimate reserves after the purchase.
Keep the current calculator module exactly as configured. Use realistic asset values and recurring costs, then confirm how the building and lender treat each category.
Read the reserve calculation
The quality and accessibility of the assets matter.
Use the calculator to organize assumptions. Use documents, current quotes and licensed professionals to confirm the decision.
Available funds
Cash and marketable securities are usually easier to document and access than retirement or restricted assets.
Monthly burn rate
Mortgage, maintenance, common charges, taxes and assessments determine how long the remaining assets may cover the home.
Building-specific review
A co-op board can apply standards that are more conservative than the lender’s underwriting criteria.
Frequently asked questions
Post-closing-liquidity questions, answered.
What is post-closing liquidity?
It is the pool of eligible assets remaining after the down payment and transaction costs have been paid.
How many months of reserves does a co-op require?
There is no universal rule. Some buildings seek a defined number of months or years of housing expense, while others evaluate the entire financial profile.
Are retirement accounts counted?
Sometimes, often with a discount or accessibility limitation. Confirm the building’s and lender’s treatment before relying on retirement assets.
Does the calculator predict board approval?
No. It supports preparation only; the board may consider income, debt, asset quality, documentation and other discretionary factors.
Financial readiness meets search strategy
Present a complete buying position before the right home appears.
Board readiness
Liquidity is about what remains—and how accessible it is.
Post-closing liquidity is not simply net worth. Co-op boards and lenders may focus on assets that can be documented and converted to cash quickly enough to cover housing obligations after the purchase.
The simplest reserve is immediately available.
Checking, savings and money-market balances are generally straightforward to document and evaluate as post-closing reserves.
Marketable assets may count differently.
Stocks, bonds and brokerage assets can be liquid, but a board or lender may discount their value because markets move.
Accessibility can matter more than headline value.
Retirement accounts may receive partial credit or be excluded depending on the building, lender and restrictions on accessing the funds.
Equity is not the same as liquidity.
Other property can strengthen net worth while still being too slow or uncertain to convert into cash for immediate housing obligations.
Measure reserves against recurring housing costs.
Mortgage, maintenance or common charges, taxes and assessments determine how long the remaining eligible assets could support the home.
There is no universal approval multiple.
Boards vary widely in how they define acceptable assets and required reserves, so building-specific expectations should be confirmed before relying on a general benchmark.
Important: use the calculator for planning only. A building or lender may apply different asset haircuts, reserve periods, debt assumptions and documentation requirements.
