Piti Payment And Interest-Only Payment - Calculated Industries 3423 Pocket Reference Manual

PITI Payment and Interest-Only Payment

• Term:
• Interest:
• Sales Price:
• Down Payment:
• Property Taxes:
• Property Insurance:
• Mortgage Insurance:
• Monthly Association Dues:
Find the PITI, total and interest-only pay-
ments:
STEPS
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Down%
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Set MI%
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Find P&I Pmt. p
PITI Payment
Total Payment p
Int.-only Pmt.
P
KEYSTROKES
o o
3 0 T
6 ˆ
2 5 5 ) P
5 d
1 • 3 t
• 2 5 s t
• 5 s 9
6 0 s D
l
p
p
R
OCKET EFERENCE
$255,000
255,000.00
242,250.00
G — 30
UIDE
30 years
6%
5%
1.3%
0.25%
0.50%
$60
DISPLAY
0.00
25.00
6.00
5.00
1.30
0.25
0.50
60.00
1,452.41
1,882,72
1,942.72
1,211.25