Calculated Industries 3265 User Manual

LOAN PROBLEMS

Monthly Payment

Find the monthly payment on a 30-year
loan of $220,000 at 7.5% annual interest
rate.
Keystroke Display
[On/C] [On/C]
220000 [Loan Amt] 220,000.00
7.5 [Int]

30 [Term]

30.00
[Pmt] 1,538.27
Term
How long does it take to pay off a loan of
$275,000 at 6.5% interest if you make pay-
ments of $1,700 each month?
Keystroke Display
[On/C] [On/C]
275000 [Loan Amt] 275,000.00
6.5 [Int]
1700 [Pmt] 1,700.00
[Term] 32.23
What is the periodic term, or # of months?
Keystroke Display
[Term] 386.76
Interest Rate
Find the interest rate on a mortgage where
the loan amount is $155,000, term is 30
years and the monthly payment is $1,100.
Keystroke Display
[On/C] [On/C]
155000 [Loan Amt] 155,000.00
30 [Term] 30.00
1100 [Pmt] 1,100.00
[Int]
What is the periodic interest?
Keystroke Display
[Int]

Loan Amount

How much can you borrow if the interest
rate is 7.75% on a 30-year mortgage and
you can afford to pay $1,200 each month?
Keystroke
[On/C] [On/C]
7.75 [Int]
30 [Term]
0.00
1200 [Pmt]
[Loan Amt]
7.50

Quarterly Payment

Find the quarterly payment on a 10-year
loan of $15,000 at 10% annual interest
rate.
Keystroke
[On/C] [On/C]
4 [Set] [ ]
10 [Term]
0.00
15000 [Loan Amt]
10 [Int]
6.50
[Pmt]
12 [Set] [ ]
(return to 12 pmts/yr)
Delta %—Rate of Appreciation
A home originally purchased for $150,000
sold a year later for $185,000. What is the
rate of appreciation?
Keystroke
150000 [Set] [%]
185000 [=]
Total Interest & Principal Paid—
Amortization
0.00
How much interest & principal and total will
you pay on a 30-year, $180,000 loan at
7% interest?
7.65 Keystroke
[On/C] [On/C]
180000 [Loan Amt]
7 [Int]
30 [Term]
0.64
[Pmt]
[Set] [Pmt] (range of pmts.)
[Pmt] (total interest)
[Pmt] (total principal)
[Pmt] (total payments)
Total Interest, Principal & Rem.
Balance—for Range of Payments
How much total interest & principal will you
pay in payments 1-36 on a 30-year,
$100,000 loan at 7% interest? What is the
Display
Remaining Balance after payments 1-36?
0.00
7.75
Keystroke
30.00
[On/C] [On/C]
1,200.00
100000 [Loan Amt]
167,501.32
7 [Int]
30 [Term]
[Pmt]
36 [Set] [Pmt] (range of pmts.)
[Pmt] (total interest)
[Pmt] (total principal)
[Pmt] (total payments)
Display
[Pmt] (rem. balance)
0.00
* Note: Also displayed via 36 [Set] [Loan Amt].
4.00
10.00
Trust Deed/Purchase Price of a
15,000.00
Note—Fully Amortized
10.00
597.54
You'd like to buy a mortgage with 15 years
12.00
remaining, $100 per month in incoming
Payments and you desire a 25% return.
What will you pay for the mortgage? What
if you desire a 20% yield?
Keystroke
[On/C] [On/C]
Display 25 [Int]
150,000.00 15 [Term]
23.33
100 [Pmt]
[Loan Amt] (price)
20 [Int]
[Loan Amt] (new price)

Future Value

What will a $200,000 house be worth after
3 years, if you figure an inflation or apprecia-
Display
tion rate of 8.5%?
0.00
Note: Set periods to one per year.
180,000.00
Keystroke
7.00
[On/C] [On/C]
30.00
1 [Set] [ ]
1,197.54
200000 [Loan Amt]
1-360
3 [Term]
251,116.02
8.5 [Int]
180,000.00
[FV]
431,116.02
12 [Set] [ ] (return to 12 pmts/yr)
USER'S GUIDE
Display
0.00
100,000.00
7.00
30.00
665.30
1-36
20,677.85
3,273.04
23,950.89
96,726.96*
Display
0.00
Software copyrighted and licensed to
25.00
Calculated Industries, by Real Estate Master
Technologies, LLC, 2003.
15.00
User's Guide copyrighted by
100.00
Calculated Industries, 2003.
4,682.68
Real Estate Master ® and Calculated Industries ® are
registered trademarks of Calculated Industries
20.00
ALL RIGHTS RESERVED
5,693.80
Designed in the U.S.A.
Calculated Industries
4840 Hytech Drive
Carson City, NV 89706 U.S.A.
Tech. Support Line: 1-775-885-4975
Fax: 1-775-885-4949
techsup@calculated.com
www.calculated.com
Display
3265/3275UG-E-E
0.00
1.00
200,000.00
3.00
8.50
255,457.83
12.00
7/03