Finding Qualifying Loan Amount Based On Tax, Insurance, And Down Payment Percents - Texas Instruments BA Real Estate Supplementary Manual

Qualifying Loan Amount Based on
Finding
Tax, Insurance, and Down Payment Percents
1. Clear TVM values (if not already cleared).
2. Enter income percent (if not already entered).
3. Enter debt percent (if not already entered).
4. Enter tax percent (if not already entered).
5. Enter insurance percent (if not already entered).
6. Enter term of loan (in years).
7. Enter interest rate.
8. Start the qualification.
9. Enter gross monthly income amount (total).
10. Enter monthly debt amount (total).
11. Enter down payment percent (0 to 99).
12. Compute PITI.
13. Compute payment.
14. Compute qualifying loan amount.
15. Compute qualifying sales price.
16. Compute down payment amount.
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BA Real Estate™ Worksheet
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