Related Manuals for Calculated Industries 3420
Summary of Contents for Calculated Industries 3420
- Page 1 ANADIAN UALIFIER ® PROFESSIOINAL RESIDENTIAL REAL ESTATE FINANCE CALCULATOR with BUILT-IN CANADIAN INTEREST MODE Model 3420 User’s Guide...
- Page 2 It’s the most complete and intuitive calculator of its kind. With the push of a few buttons, it will instantly pre-qualify prospective buyers, find monthly...
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Page 3: Table Of Contents
GETTING STARTED ...6 KEY DEFINITIONS ...6 Basic Operation Keys ...6 Mortgage/Time-Value-of-Money Keys...7 Qualifying Keys ...10 U.S. Keys (Used in U.S. Mode) ...13 CALCULATOR SETTINGS ...15 Decimal Place Selection ...15 Canadian/U.S. Mode...16 Preference Settings ...17 MEMORY ...19 Accumulative Memory µ...19 Memory Storage Keys (M0-M6)...20 BASIC ARITHMETIC EXAMPLES ...22... - Page 4 Setting Property Tax $...32 PITH Payment (Including Heating Expense) ...32 PITH Payment (Including Heating Expense and Property Tax Entered as %) ...33 PITH Payment (Including Heating Expense and Property Tax Entered as $) ...34 PITH Payment and Interest-Only Payment...34 Amortization and Remaining Balance...35 Notes on Amortization...35 Total Principal and Interest for a 25-Year Mortgage ...36 Amortization List for Individual Year(s) —...
- Page 5 EXAMPLES — U.S. MODE ...54 Finding the Monthly Loan Payment (Based on U.S. Interest Rate) ...54 Property Taxes, Property/Hazard Insurance and Monthly Housing Expense...55 PITI Payment (Tax and Insurance Entered as %) ...56 PITI Payment (Tax and Insurance Entered as $) ...56 Calculating Tax and Insurance % or $ ...57 Finding the Interest Rate ...58 Finding the Term of a Loan ...58...
- Page 6 Warranty...77 Legal Notes...78 Looking For New Ideas...78 INDEX ...79 ’ — 5 UIDE...
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Page 7: Getting Started
Basic Operation Keys Turns all power off. The memory and most financial registers are cleared. If calculator is off, turns power on. If calculator is on, a single press clears the last entry while a second press in succession clears non-permanent entries. -
Page 8: Mortgage/Time-Value-Of-Money Keys
Clear All — Clears all entered values and returns any stored values to their default settings. Use this only with caution, as it will reset ratios, periods per year, etc. back to their defaults (see the Appendix for a list of these settings). Note: Clear All will not affect any changes made to Preference Settings (with the exception of Payments/Year and Decimal Places, which are returned to their defaults), unless you perform... - Page 9 Enters or solves for the number of years. Second press gives the number of periods. An entered term greater than 45 will be classified as periodic, not annual. Note: Stored permanently, until you change it or perform a Clear All ( s x ). You may enter a periodic term, if you prefer, by pressing the π...
- Page 10 s ÷ Payments per Year — Used to set the number of payment periods per year. Default value is 12, for monthly. Note: You can store the number of payments/year permanently or semi-permanently. See “Preference Settings” on page 17). Amortization (Amort) — Finds Total Interest, Principal, Remaining Balance, Remaining Term and (when in U.S.
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Page 11: Qualifying Keys
Odd-Days Interest — Calculates the pre-paid inter- est, or simple interest accumulated (based on a 360-day year) during the days before the first mort- gage payment is made, using the interest rate stored in the Interest register. Bi-Weekly (Bi-Wkly) — Converts a regular monthly loan to a Bi-Weekly loan, where the buyer may real- ize significant interest savings. - Page 12 For this unrestricted mortgage amount, the calculator will display the letters “UNR” (for unrestricted) in the display and the word “INC” or “DEBT” to indicate what ratio side this mortgage amount was based on (i.e., income or debt).
- Page 13 2nd press calculates the buyer's actual ratios. Note on U.S. Qualifying: If the calculator is in Canadian Mode (see page 16) and you want to qualify in U.S. Mode , activate U.S. Mode via s 9 and enter new U.S.
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Page 14: Keys (Used In U.s. Mode)
(therefore, you should also enter a Down Payment). U.S. Keys (Used in U.S. Mode) Note: Calculator must be set to U.S. Mode. See page 16. Adjustable Rate Mortgage — Calculates the pay- ment and re-amortizes a fully or partially amortized... - Page 15 Estimated Income Tax Savings (Tax Svgs) — Calculates an estimated annual income tax savings for a mortgage, based on entered loan variables, including property tax, mortgage interest, and tax bracket. You must enter a tax bracket, then press s p p to display the estimated annual income tax savings;...
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Page 16: Calculator Settings
To return to the standard two decimal place setting, press s 2. Note: This setting will remain until you turn your calculator off or until you change it using the commands above. You can select to permanently maintain your decimal place selection (remains even after you turn calculator off) by selecting “Hold Entry”... -
Page 17: Canadian/U.s. Mode
Your calculator is factory-set to Canadian (Interest) Mode. If you need to calculate loan problems using U.S. interest, you must change the calculator to U.S. (Interest) Mode. To easily switch your calculator from Canadian Mode to U.S. Mode, press the s and then the 9 key. -
Page 18: Preference Settings
Preference Settings Your calculator has a Preference Mode, which allows you to program the calculator to various settings. For example, it allows you to store certain values permanently, display certain values, or show values in a specific order. To access the Preference Mode, press s, then =, then keep pressing = to toggle through the settings listed below. - Page 19 (Cont’d) After s , Keep Pressing Display Mortgage Insurance (MI)—U.S. Only - Clr-Clr M Ins — - Clr-OFF M Ins — - HOLD Pct. M Ins — - HOLD ALL M Ins — Amortization/Single Entries - AMRT Ent-Ent — - AMRT 1-Ent — Display Qualifying Ratios - Q-R PRESS 1 —...
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Page 20: Memory
Accumulative Memory µ Whenever the µ key is pressed, the displayed value will be added to cumulative Memory. This value will remain in Memory until cleared or when the calculator is turned off. Other Memory functions: FUNCTION Recall total in Memory... -
Page 21: Memory Storage Keys (M0-M6)
Storage Registers — [M0] through [M6] — that can be used to permanently store single, non- cumulative values. These values will be held when your calculator is turned off, and will only clear when a “Clear All” is performed (via s x). - Page 22 Additional Memory Storage Keys (M10-M19) In addition to M0-M6 (as described previously), your calculator has ten additional independent Storage Registers — [M10] through [M19] — that can also be used to permanently store single , non- cumulative values. To access these storage registers, use the follow- ing keystrokes: s ®...
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Page 23: Basic Arithmetic Examples
BASIC ARITHMETIC EXAMPLES Arithmetic This calculator uses standard chaining logic, which simply means that you enter your first value, the operator (+, –, x, ÷), the sec- ond value and then the equals sign (=). A. 3 + 2 = B. -
Page 24: Figuring Straight % Commission
Clear calculator Enter sales price Multiply by commission % — DO NOT CLEAR CALCULATOR — What if the listing agent works on a 50/50 split with his or her bro- ker? What is the listing agent’s share of this commission? -
Page 25: Using The Date Function
For example, if a 45-day escrow begins September 19, 2004, what is the closing date and day? STEPS Clear calculator Enter month Enter day Enter year Add 45 days... -
Page 26: Examples - Canadian Mode
5. While in Canadian Mode (default), the calculator will display “CDN” in the upper left of the display when the ˆ key is pressed. 6. The calculator’s default setting is 12 payments per year, for monthly mortgages. 7. It is good practice to press o twice after completing a financial problem to ensure that you have cleared the previous l and p registers. -
Page 27: Finding The Monthly Mortgage Payment
(Cont’d) IMPORTANT NOTE: All of the following examples can also be per- formed while the calculator is in U.S. Mode. See Canadian/U.S. Modes on page 16. Just be sure to change the term from 25 to 30 years, where applicable, and of course, the answers will change due to U.S. -
Page 28: Paying Off A Mortgage Early (Making Larger Payments)
How long does it take to pay off a 25-year fixed-rate mortgage of $150,000 at 7.25% interest if you add an extra $200 to the mortgage payment each month? STEPS Clear calculator Enter Mortgage Amount Enter Interest Enter Term Find P&I monthly Payment p Add add’tl Payment amount + 2 0 0 =... -
Page 29: Finding The Mortgage Amount
Most mortgages are paid off monthly. However, if you have a non- monthly loan, you must change the number of payments per year using a two-key sequence: s ÷. For example, here's how to set your calculator to four payments per year. STEPS Clear calculator... -
Page 30: Finding A Quarterly Payment
Find quarterly P&I Payment p Reset to 12 Payments/year 1 2 s ÷ Bi-Weekly Loans Your calculator includes a built-in Bi-Weekly loan function (s T), which allows you to convert established, fully amortized monthly loans into Bi-Weeklies (in which one-half the monthly payment is made every two weeks). -
Page 31: Bi-Weekly Term Reduction And Payment
Clear calculator Sales Price / Down Payment One of the unique features of this calculator is its ability to work with not only Mortgage Amount, but with Sales Price and Down Payment. You can enter two values to find the third (e.g., enter Price and Down Payment to find Mortgage Amount). -
Page 32: Finding Mortgage Amount Based On Sales Price And Down Payment
Down Payment Find both the down payment dollar amount and mortgage amount if the sales price is $175,800 and you're planning to put 10% down. STEPS Clear calculator Enter sales Price Enter Down Payment % Find Down Payment $ Find Mortgage Amount... -
Page 33: Setting Property Tax % Rate
Find the PITH payment on a 25-year, 7.63% mortgage if the home’s selling price is $178,000 and the down payment is 5%. Monthly heating cost is estimated at $150. STEPS Clear calculator Enter Term in years Enter annual Interest Enter sales Price Enter Down Payment Add mo. -
Page 34: Pith Payment (Including Heating Expense And Property Tax Entered As %)
$178,000 and the down payment is 5%. The annual property tax is estimated at 1.3% and the monthly heating cost is estimated at $150. STEPS Clear calculator Enter Term in years Enter annual Interest Enter sales Price... -
Page 35: Pith Payment (Including Heating Expense And Property Tax Entered As $)
$227,000 and the down payment is 35%. Local annu- al property tax is estimated at $2,270 (or 1% of the sales price). Monthly heating expense is $100. STEPS Clear calculator Enter Term in years Enter annual Interest Enter sales Price... -
Page 36: Amortization And Remaining Balance
4 (4 s )). If requesting amortization values for year one (1 a), the amortization of periods 1-9 would be dis- played. Year two (2 s) would display values for periods 10- 21. Turning your calculator off and back on returns the Month Offset to 1 (January). (Cont’d) ’... -
Page 37: Total Principal And Interest For A 25-Year Mortgage
+ (Tax Brkt%) . Note: If a tax bracket % is not entered, the calculator will use the default of 28%, displayed upon ® + . 8. Your calculator automatically advances to the Next Amortization Range or Period after the initial sequence is complete, upon repeated presses of a. -
Page 38: Amortization List For Individual Year(S) - Using "Next" Feature
How much total interest and principal will you pay on a 25-year, $90,000 mortgage at 8% interest during the first year? The second year? Third year, etc.? First, find monthly payment to “set-up” this mortgage. The calculator will automatically advance to the next year upon subsequent presses of a. STEPS... -
Page 39: Amortization List For Individual Year(S) - Using Month Offset
25-year, $90,000 mortgage at 8% interest during the first year? The second year? Third year, etc.? (First find monthly payment to “set-up” this mortgage.) STEPS Clear calculator Set Month Offset to May Enter Mortgage Amount Enter Interest Enter Term Find monthly P&I Payment p... -
Page 40: Amortization List For Individual Payment(S)
Find Rem. Term in Pmt #1 a Display Payment #2 (etc. — sequence repeats for each payment) — DO NOT CLEAR CALCULATOR — For the same mortgage, find the amount of principal and interest paid in the 36th payment. Also, find the total payment, remaining balance and remaining term. -
Page 41: Amortization List For A Range Of Payments Or Years
Amortization List for a Range of Payments or Years For a $225,000, 25-year mortgage at 7.4% interest, find out how much interest and principal you'll pay in payments 1-9, and then for years 1-10. STEPS Clear calculator Enter Mortgage Amount Enter Interest Enter Term Find monthly Payment... -
Page 42: Future Value
Enter Term in years Find Future Value *Calculator must be set to default of 12 periods per year, for compounding monthly. If it isn’t, enter 1 2 s ÷ . Note: This calculator will not handle savings/investment problems involving cash flows or selecting between beg/end periods, only simple future value problems where there is an initial deposit, as shown above. -
Page 43: Trust Deeds And Discounted Notes
Trust Deeds and Discounted Notes Your calculator easily handles trust deed purchase price and yield problems. Two things to remember are: 1) when entering or solving for “yield” or “rate of return,” use the ˆ key, and 2) when entering or solving for “purchase price” or “present value,”... -
Page 44: Finding The Yield On A Discounted Note
Enter purchase Price Enter Remaining Term Enter Payment Amount Find your Yield — DO NOT CLEAR CALCULATOR — What should you pay for this trust deed if you want an 18% yield on your investment? STEPS Enter your desired Yield... -
Page 45: Buyer Pre-Qualifying
1. The q and Q keys are multi-function, “smart” keys. In other words, they deliver a variety of answers based on what is input, and what is not. The calculator will figure out which qualifying solutions should be displayed, based on the qualifying variables you've input. -
Page 46: Important Note: U.s. Vs. Canadian Payment And Qualifying Calculations
(Cont’d) • the fourth press will display the higher, “unrestricted” qualify- ing mortgage amount (for comparison purposes); and • the last press will display the allowable monthly debt. Note: You can set your Qualifying Ratios to display first or last via the Preference Settings. -
Page 47: Qualifying Examples
Return Ratios to 32:40* *Note: Your ratios will be permanently stored, or will remain even after your calculator is turned off. You must enter new ratios to restore your calculator to the default ratios of 32:40 and 35:42. 46 — Q... -
Page 48: Finding Qualifying Mortgage Amount And Sales Price (Simple Example Excluding Property Tax)
*Note: If you previously entered Property Tax, you must set this key to zero, as your calculator automatically stores the % rates semi-permanently (unless you set them to clear upon o o via the Preference Settings – see page 17). -
Page 49: Qualifying Mortgage Amount And Sales Price (Including Down Payment, Property Tax And Monthly Heating/Condo Fees)
Display Qualifying Ratios Find pre-qualifying Mortgage Amount Find Price — DO NOT CLEAR CALCULATOR — Now find the monthly P&I payment (Principal & Interest), PITI pay- ment (Principal, Interest, and Property Tax) and PITH/Total Payment (PITI plus monthly heating and condo fees): STEPS Find P&I Payment... -
Page 50: Restricted" Qualifying
Display Qualifying Ratios Find “restricted” Qualifying Mortgage Amount Find sales Price Find $ Down Payment Find PITH/total Payment — DO NOT CLEAR CALCULATOR — KEYSTROKES 4 5 ) i 7 5 D 1 0 0 e ® ˆ ® T... -
Page 51: Unrestricted" Qualifying
(Cont’d) “Unrestricted” Qualifying The amount calculated above is the “restricted” mortgage they may qualify for, based on current income and debt. What are the buyer's actual income and debt ratios? What is the “unrestricted” mortgage amount? What side is the “restricted” mortgage based on (income or debt)? What is the total allowable monthly debt? STEPS Find actual Ratios... -
Page 52: Qualifying Comparison
Display Qual 1 stored Ratios Find Qual 1 Qualifying Mortgage Find Price Find Qual 1 P&I Payment Find Qual 1 PITH Payment p p — DO NOT CLEAR CALCULATOR — STEPS Display Qual 2 stored Ratios Find Qual 2 Qualifying Mortgage Find Price Find Qual 2 P&I Payment... -
Page 53: Finding Income Required And Allowable Monthly Debt
What is the monthly payment? Use 7.05% interest for 25 years. Estimate property tax rate at 1.5% and $80 for monthly heating expense. STEPS Clear calculator Enter annual Interest Enter Term in years Enter Tax rate Enter mo. heating Expense 8 0 e... -
Page 54: Solving For Actual Qualifying Ratios
1.4%. Monthly housing expenses are estimated at $150. Use 7.5% interest for 25 years. What are his actual ratios? What is the price of the home he can afford? What is the monthly payment? STEPS Clear calculator Enter Interest Enter Term Enter Mortgage Amount... -
Page 55: Examples - U.s. Mode
Finding the Monthly Loan Payment (Based on U.S. Interest Rate) IMPORTANT NOTE: Your calculator must be in U.S. Mode to com- plete the following examples. If it isn’t, press s 9. Also, when returning to Canadian examples, be sure to return to Canadian Mode by pressing s 9 again. -
Page 56: Property Taxes, Property/Hazard Insurance And Monthly Housing Expense
You can use the Preference Settings (s =), however, to set the calculator to hold Tax and Insurance (% and $) values when the calculator is turned off (see page 17). Note: There’s a separate Preference Setting for Mortgage Insurance. -
Page 57: Piti Payment (Tax And Insurance Entered As %)
$125,000 and the down payment is 5%. Annual property taxes are estimated at 1.3%, annual property insurance at 0.25% and annual mortgage insurance at 0.45%. STEPS Clear calculator Enter Term in years Enter annual Interest rate Enter sales Price... -
Page 58: Calculating Tax And Insurance % Or
25% down, a term of 25 years and an interest rate of 8%. Calculate the loan, monthly payments and annual tax and insurance dollar amounts, or premiums. STEPS Clear calculator Set Tax rate Set Insurance rate Set Mortgage Ins. rate... -
Page 59: Finding The Interest Rate
Finding the Interest Rate Find the interest rate if the mortgage is $98,500, term is 30 years and payment is $1,150 a month. STEPS Clear calculator Enter Loan Amount Enter Term in years Enter monthly P&I Payment 1 1 5 0 p... -
Page 60: Finding Sales Price And Payment Based On Loan Amount And Down Payment
4. To calculate a “decreasing ARM,” enter the two ARM parame- ters, but press the s key before pressing A. 5. The calculator includes a “lifetime cap” (i.e., the maximum amount the interest rate may increase over the life of a loan). -
Page 61: Arm Payment - Worst-Case Scenario
“worst-case” adjusted payments if this ARM loan increases 1% at the end of each year. Then, find the remaining loan balance, current interest rate and term. STEPS Clear calculator Enter Loan Amount Enter Term in years Enter annual Interest rate... -
Page 62: Arm Payment - Using Lifetime Cap
Using the previous mortgage, add a lifetime cap of 4% and find the adjusted payments through year six. You will need to re-enter the Loan Amount, Term and Interest. STEPS Clear calculator Enter Loan Amount Enter Term in years Enter annual Interest rate... -
Page 63: Increasing And Decreasing Arm Payment
Find the ARM payments for a $300,000, 30-year ARM loan that starts out at 5% but increases 1% after six months and then decreases 1.5% after an additional 12 months. STEPS Clear calculator Enter Loan Amount Enter Term in years Enter annual Interest rate Find initial monthly Payment p Enter 1st ARM adjustment 1 : •... -
Page 64: Amortization List For Individual Year(S) - Using "Next" Feature
$90,000 loan at 8% interest during the first year? The second year? Third year, etc.? First, find monthly payment to “set-up” this loan. The calculator will automatically advance to the next year upon sub- sequent presses of a. Note: The mortgage interest tax deduction is based on the default tax bracket of 28% unless you have changed it via s + . -
Page 65: Apr, Total Finance Charges (Including Mortgage Insurance)
Mortgage Insurance), total finance charges, principal amount financed, total cost, P&I payment, monthly Mortgage Insurance, and PIMI payment? Mortgage Insurance is estimated at 0.65% of the loan amount. STEPS Clear calculator Enter Loan Amount Enter Interest Enter Term Find monthly Payment Enter Mortgage Ins. -
Page 66: Bi-Weekly Loans
Bi-Weekly Loans Your calculator includes a built-in Bi-Weekly loan function (s T), which allows you to convert established, fully amortized monthly loans into Bi-Weeklies (in which one-half the monthly payment is made every two weeks). Because you make two extra half-payments per... -
Page 67: Estimated Income Tax Savings And "After-Tax" Payment
Enter Tax bracket Find annual Income Tax savings Find monthly Tax savings Find “after-tax” Payment — DO NOT CLEAR CALCULATOR — If the above loan starts in July, find the “after-tax” payment. STEPS Set Mo. 1 Offset to July Enter Tax bracket... -
Page 68: Mortgage Interest Tax Deduction - 28% Or 30% Tax Bracket
Find Remaining Term Find Mortgage Interest Tax deduction in Year 1 Return calculator to 28% Tax bracket *Note: If loan does not start in January, use the Month Offset feature (e.g., if loan starts in July, enter 7 s ) and begin problem). -
Page 69: Rent Vs. Buy
7.5% on a 30-term fixed-rate mortgage, and your client can afford to put 10% down. You estimate local taxes at 1.25% and property insurance at 0.35%. Your client is in the 28% tax bracket. STEPS Clear calculator Enter Interest rate Enter Term Enter Down Payment... -
Page 70: Qualifying Loan Amount And Sales Price (Complete Example Including Down Payment, Tax/Insurance, Monthly Association Dues)
Enter Term Enter Qualifying Ratios Find Qualifying Loan Amt. Find Price — DO NOT CLEAR CALCULATOR — Now find the monthly P&I payment (principal & interest), PITI pay- ment (principal, interest, tax and insurance) and Total Payment (including monthly association dues): STEPS Find P&I Payment... -
Page 71: Restricted" Qualifying
Re-enter annual MI rate Re-enter assn. dues Enter Down Payment Enter annual Income Enter monthly Debt Display Qualifying Ratios Find “restricted” Qualifying Loan Amount — DO NOT CLEAR CALCULATOR — 70 — Q UALIFIER KEYSTROKES ® ˆ ® T ® t ® I •... -
Page 72: Unrestricted" Qualifying
(Cont’d) “Unrestricted” Qualifying The amount calculated on the previous page is the loan they may qualify for, based on current income and debt. What are the buyer's actual income and debt ratios? What does the “unrestricted” loan amount calculate to, and which side is it based on (i.e., buyer's income or debt)? What is the buyer’s maximum allowable debt? STEPS Find actual Ratios... -
Page 73: Finding Income Required And Allowable Monthly Debt
What is the monthly payment? Use 7.5% interest for 30 years. Estimate property Tax/Insurance rates of 1.5% and .25%, respectively. Clear mortgage insurance rate to zero, as they are put- ting 20% down. STEPS Clear calculator Enter annual Interest Enter Term in years Enter Tax rate Enter Insurance rate Delete Mortgage Ins. -
Page 74: Qualifying Comparison
*Return calculator to default GDS:TDS Ratios *IMPORTANT: Be sure to return your calculator to “Canadian Mode” by pressing s 9 , if you wish to perform Canadian mortgage loan problems. Also, be sure to return the calculator to its original Canadian Qualifying ratios. -
Page 75: Appendix
Keystroke Reset — Returning the Calculator to its Original Factory Settings You may at times want to reset your calculator to its factory settings (i.e., reset all registers and Preference Settings to their original default values). To do this, turn off the calculator, hold down the x key, and then turn it back on. -
Page 76: Error Codes
Error Codes With an incorrect entry or answer beyond the range of the calculator, the display will show one of the following error messages. To clear an error, simply press any key. OFLO — DIV Error — TVM Error —... -
Page 77: User' Guide
Warranty, Repair and Return Information! Return Guidelines: 1. Please read the Warranty in this User’s Guide to determine if your Calculated Industries calculator, measuring device or elec- tronic tool remains under warranty before calling or returning any device for evaluation or repairs. -
Page 78: Warranty
SUMED TO BE DAMAGES RESULTING FROM MISUSE OR ABUSE. To obtain warranty service in the U.S., ship the product postage paid to Calculated Industries (address listed on the last page). Please provide an explanation of the service requirement, your name, address, day phone number and dated proof of purchase (typically a sales receipt). -
Page 79: Legal Notes
This equipment has been certified to comply with the limits for a Class B computing device, pursuant to Subpart J of Part 15 of FCC rules. Software copyrighted and licensed to Calculated Industries, Inc., by Real Estate Master Technologies, LLC, 2004. -
Page 80: Index
BASIC ARITHMETIC EXAMPLES, 22 Basic Operation Keys, 6 Batteries, 75 Bi-Weekly Loans, 29 Bi-Weekly Loans (U.S.), 65 BUYER PRE-QUALIFYING, CANADA, 44 CALCULATOR SETTINGS, 15 Canadian/U.S. Mode, 16 DATE FUNCTION, 24 Decimal Place Selection, 15 Default Settings, 74 Error Codes, 75 EXAMPLES—CANADIAN MODE, 25... - Page 81 Non-Monthly Loans, 28 Paying Off a Mortgage Early, 27 Payment – P&I, 26 Payment – PITH, 32, 33, 34 Payment – PITI, 56 Payment – Interest-Only, 27, 34 Percent Change, 22 Percentage Calculations, 22 PITH Payment, 32, 33, 34 PITI Payment (U.S.), 56 Preference Settings, 17 Property Taxes, Property/Hazard Insurance and Monthly Housing Expense, (U.S.), 55...
- Page 82 ’ — 81 UIDE...
- Page 83 4840 Hytech Drive Carson City, NV 89706 U.S.A. 1-800-854-8075 Fax: 1-775-885-4949 E-mail: info@calculated.com www.calculated.com 3420UG-E-A 7/04 82 — Q ® UALIFIER...
- Page 84 Designed in the United States of America Printed in China 3420UG-E-A 7/04...