Calculated Industries 3430 Pocket Reference Manual - Ocket
Other manuals for 3430:
User Manual
Manual is about: ADVANCED RESIDENTIAL REAL ESTATE FINANCE CALCULATOR with CASH FLOW and COMPLETE BUYER QUALIFYING
of
43
P
OCKET
R
EFERENCE
G
UIDE
— 24
(Cont’d)
Find the Qualifying Loan Amount, Price
and Total Payment:
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
Enter income
7 5 ) i 75,000.00
Enter debt
5 0 0 D
500.00
Enter down$
5 ) d
5,000.00
Enter tax%
1 • 5 s 7
1.50
Enter ins.%
• 2 5 s 8
0.25
Enter MI%
• 6 s 9
0.60
Enter association
dues
5 0 e
50.00
Enter interest
7 • 5 ˆ
7.50
Enter term
3 0 T
30.00
Display ratios
q
28.00 - 36.00
Find qualifying loan
amount
q
189,119.31
Find price
P
194,119.31
—DO NOT CLEAR CALCULATOR —
Find the monthly P&I payment and total
payment:
STEPS
KEYSTROKES
DISPLAY
P&I payment
p
1,322.35
PITI payment
p
1,700.00
Total payment
p