Finding Income Required And Allowable Monthly Debt - Calculated Industries 3423 Pocket Reference Manual

Display Qual 1
Ratios
Find Qual 1 maximum Qualifying
Mortgage
Find Qual 1 P&I
Payment
Find Qual 1 PITH
Payment
— DO NOT CLEAR CALCULATOR —
STEPS
Display Qual 2
Ratios
Find Qual 2 maximum Qualifying
Mortgage
Find Qual 2 P&I
Payment
Find Qual 2 Total
Payment
Finding Income Required and Allowable
Monthly Debt
• Sales Price:
• Down%:
• Property Tax:
• Heating Expense:
• Term:
• Interest:
Find the income required to finance a
$225,000 home and also find the maximum
allowable debt.
P
q
q
p
p
KEYSTROKES
Q
Q
p
p
R
OCKET EFERENCE
32.00 – 40.00
145,893.06
35.00 – 42.00
160,923.25
$225,000
G — 25
UIDE
1,044.48
1,333.33
DISPLAY
1,152.08
1,458.33
35%
1.5%
$125
25 years
7.5%
(Cont'd)