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USER'S GUIDE
Software copyrighted and licensed to
Calculated Industries, by Real Estate Master
Technologies, LLC, 2002.
User's Guide copyrighted by
Calculated Industries, 2002.
Real Estate Master® and Calculated Industries® are
registered trademarks of Calculated Industries
ALL RIGHTS RESERVED
Designed in the U.S.A.
Calculated Industries
4840 Hytech Drive
Carson City, NV 89706 U.S.A.
Tech. Support Line: 1-775-885-4975
Fax: 1-775-885-4949
techsup@calculated.com
www.calculated.com
3265/3275-UG-D
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Summary of Contents for Calculated Industries Pocket Real Estate Master
- Page 1 Software copyrighted and licensed to Calculated Industries, by Real Estate Master Technologies, LLC, 2002. User’s Guide copyrighted by Calculated Industries, 2002. Real Estate Master® and Calculated Industries® are registered trademarks of Calculated Industries ALL RIGHTS RESERVED Designed in the U.S.A. Calculated Industries 4840 Hytech Drive Carson City, NV 89706 U.S.A.
- Page 2 KEY DEFINITIONS [On/C] — On/Clear Key Turns power on. Pressing once clears the display. Pressing twice clears all tem- porary values. [Off] — Off Key Turns all power off, clearing all non-per- manent registers. [+] [–] [x] [÷] [=] Arithmetic operation keys. Four-function percent key.
- Page 3 Amortization Keys [Set] [L/A] — Remaining Balance Displays the remaining balance of the loan, when preceded by an individual payment (e.g., 12 [Set] [L/A] displays the remaining balance after payment 12). [Set] [Pmt] — Amortization Displays the range of payments, total interest, total principal, total payments and remaining balance, when preceded by an individual payment.
- Page 4 Note: Use caution when disposing of batteries, as they contain hazardous chemicals. WARRANTY Calculated Industries ("CI") warrants this product against defects in materials and workmanship for a period of one (1) year from the date of original con- sumer purchase in the U.S. If a defect exists during the...
- Page 5 Warranty Repair Service – U.S.A. To obtain warranty service in the U.S., ship the product postage paid to Calculated Industries (address listed on opposite page). Please provide an explanation of the service requirement, your name, address, day phone number and dated proof of purchase (typically a sales receipt).
- Page 6 LOAN PROBLEMS Monthly Payment Find the monthly payment on a 30-year loan of $220,000 at 7.5% annual interest rate. Keystroke Display [On/C] [On/C] 0.00 220000 [L/A] 220,000.00 7.5 [Int] 7.50 30 [Term] 30.00 [Pmt] 1,538.27 Term How long does it take to pay off a loan of $275,000 at 6.5% interest if you make pay- ments of $1,700 each month? Keystroke...
- Page 7 Loan Amount How much can you borrow if the interest rate is 7.75% on a 30-year mortgage and you can afford to pay $1,200 each month? Keystroke Display [On/C] [On/C] 0.00 7.75 [Int] 7.75 30 [Term] 30.00 1200 [Pmt] 1,200.00 [L/A] 167,501.32 Quarterly Payment...
- Page 8 Total Interest, Principal & Rem. Balance—for Range of Payments How much total interest & principal will you pay in payments 1-36 on a 30-year, $100,000 loan at 7% interest? What is the remaining balance after payments 1-36? Keystroke Display [On/C] [On/C] 0.00 100000 [L/A] 100,000.00...
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