Finding Qualifying Income Based On Tax, Insurance, And Down Payment Percents - Texas Instruments BA Real Estate Supplementary Manual

Finding Qualifying Income Based on
Tax, Insurance, and Down Payment Percents
1. Clear TVM values (if not already cleared).
2. Enter income percent (if not already entered).
3. Enter debt percent (if not already entered).
4. Enter tax percent (if not already entered).
5. Enter insurance percent (if not already entered).
6. Enter term of loan (in years).
7. Enter interest rate.
8. Start the qualification.
9. Enter price.
10. Enter down payment percent (0 to 99).
11. Enter monthly debt amount (total).
12. Compute qualifying loan amount.
13. Compute payment.
14. Compute PITI.
15. Compute qualifying income.
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BA Real Estate™ Worksheet
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