How the tests work

ReserveGap applies three published tests to the numbers you enter, in this order. Nothing is estimated; every figure comes from your documents.

Test 1

Highest recommended contribution

Applications from August 3, 2026

The budget's annual reserve contribution must be at least the highest recommended contribution in the reserve study.

Worked example

Study's highest recommended contribution: $180,000
Budgeted reserve contribution: $150,000
Result: Gap, $30,000 a year

Test 2

15% floor

Applications from January 4, 2027

Reserve contribution must be at least 15% of annual budgeted assessment income unless a qualifying study is used.

Worked example

Budgeted assessment income: $1,000,000
Required: $150,000
Budgeted: $120,000
Result: Gap, $30,000 a year

Test 3

Your state's rule

Florida: HB 913 permits a baseline plan (reserves never below zero) for buildings of three or more habitable stories. New Jersey: module in progress. Other states: no minimum funding rule; citation shown.

About

ReserveGap was built by a finance professional, not an engineer or an attorney. It has no affiliation with Fannie Mae, Freddie Mac, any lender, or any state agency, and pays and receives no referral fees.