Calculated Industries 3416 Pocket Reference Manual page 33

Residential mortgage finance calculator
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STEPS
1. Enter Fixed-Rate Loan Values and
Find Total Payment:
Clear
Enter loan
Enter down
payment
Find price
Enter interest 6 • 5 ˆ
Enter term
Enter MI%
Clear Tax
Clear Insurance 0 I
Solve for P&I
payment
Solve for PITI (including
PMI)
2. Enter Combo Loan Values:
Enter 1st TD Interest
and Term
Enter 2nd TD Interest
and Term
P
KEYSTROKES
o o
2 5 0 ) l
1 0 d
P
3 0 T
• 6 2 s I
0 t
p
p
6 : 3 0 ! 6.00-30.00
8 • 5 : 1 5 s
!
R
OCKET
EFERENCE
250,000.00
277,777.78
8.50-15.00
G
— 29
UIDE
DISPLAY
0.00
10.00
6.50
30.00
0.62
0.00
0.00
1,580.17
1,709.34
(Cont'd)

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Mortgage qualifier plus 3416

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