Fund adequacy analysis
Fully funded target
$538,462
Deficit
$188,462
Below fully funded target
Current balance
$350,000
65.0% funded
Per-unit deficit
$2,356
Each unit's share
Monthly per unit to close the deficit
| Horizon | Monthly per unit | Annual per unit |
|---|---|---|
| 5 years | $39 | $471 |
| 10 years | $20 | $236 |
| 20 years | $10 | $118 |
These figures represent additional monthly contributions per unit needed to close the deficit. They do not account for ongoing reserve requirements or inflation.
Compare your reserve position with other boards in the Common Area.
Ask the Common AreaThis calculator uses your percent funded figure to back-calculate a fully funded target. Actual targets vary by component age, replacement cost, and funding method. Consult a licensed reserve specialist before adopting contribution rates. This is not financial or legal advice.