HP 12c Platinum Reference Manual page 9

12c platinum / 12C
RPN Keystrokes
gÂ
fCLEARG
20\
8-gA
6.75gC
200132.06$
P?0
10gC
300000Þ$
P
:0+P
:$
200132.06+$
¼12§
Sometimes the wrap around mortgage will have a longer payback period than the original
mortgage, or a balloon payment may exist.
PV
1
(+)
(–)
PV
2
12c platinum
ALG Keystrokes
gÂ
fCLEARG
20-
8³gA
6.75gC
200132.06$
P?0
10gC
300000Þ$
P
+:0P
:$
+200132.06$ -99,867.94
¼§12³
PMT for n
2
...
PMT for n Years
1 1
Display
Total number of months
144.00
remaining in original loan
(into n).
Monthly interest rate (into i).
0.56
Loan amount (into PV).
200,132.06
Monthly payment on existing
-2,031.55
mortgage (calculated).
Monthly interest on wrap-
0.83
around.
Amount of wrap-around (into
-300,000.00
PV).
Monthly payment on wrap-
3,585.23
around (calculated).
Net monthly payment
1,553.69
received (into PMT).
Net cash advanced (into PV).
Nominal yield (IRR) to lender
15.85
(calculated).
Years
2
Real Estate
Comments
BAL
...
9