Sales Price Based On Mortgage Amount And % Down Payment; Finding Loan-To-Value (Ltv); Clear O O; Enter Interest 1 0 ˆ - Calculated Industries 3423 Pocket Reference Manual

Sales Price Based on Mortgage Amount
and Percent Down Payment
Find sales price if the mortgage amount is
$150,000, down payment 5%, term 25
years and interest rate 7.75%.
STEPS
Clear
Enter Mortgage 1 5 0 ) l
Enter Down%
Enter Term
Enter Interest
Find Payment
Find $Down
Find Price

Finding Loan-to-Value (LTV)

Find the Loan-to-Value if a buyer is putting
$15,000 down on a $215,500 home. Then
find the mortgage amount.
STEPS
Clear
Enter Price
Enter Down$
Find LTV
Find Mortgage l
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KEYSTROKES
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5 d
2 5 T
7 • 7 5 ˆ
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d d
P
KEYSTROKES
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2 1 5 5 0 0 P
1 5 ) d 15,000.00
s d
R
OCKET EFERENCE
150,000.00
157,894.74
215,500.00
200,500.00
G — 17
UIDE
DISPLAY
0.00
5.00
25.00
7.75
1,120.98
7,894.74
DISPLAY
0.00
93.04