Calculated Industries 3430 User Guide - Manual (Page 87)

86 — Q
UALIFIER
P
LUS
® III
FX
1ST AND 2ND TRUST DEEDS (COMBO LOANS), 67
1st/2nd TD (Combo Loan) Keys, 15
Actual Qualifying Ratios, Solving for, 66
Adjustable Rate Mortgages, 51
Amortization and Remaining Balance, 35
Amortization List for a Range of Payments or Years, 41
Amortization List for Individual Payment(s), 40
Amortization List for Individual Year(s) — Using “Next” Feature, 38
Amortization List for Individual Year(s) — Using Month Offset, 39
Appendix, 81
Appreciation, 43
Appreciation for a Home (Add-on %), 19
APR and Total Finance Charges, 49
ARM Payment — Using Lifetime Cap, 53
ARM Payment — Worst-Case Scenario, 52
Auto Shut-Off, 82
Balloon Payment, 37
BASIC ARITHMETIC EXAMPLES, 18
Basic Operation Keys, 5
Batteries, 82
Bi-Weekly Loans, 42
BUYER QUALIFYING, 57
CALCULATOR SETTINGS, 21
CASH FLOW EXAMPLES, 76
Cash Flow Keys, 16
Combo Loan (80:10:10) vs. Fixed-Rate Loan with Mortgage Insurance, 68
Combo Loan (80:15:5) vs. Fixed-Rate Loan with Mortgage Insurance, 70
Combo Loan—Entering New LTV, 72
Date Examples, 20
Decimal Place Selection, 21
Decreasing ARM Payment, 54
Default Settings, 81
Error Codes, 81
Estimated Income Tax Savings and “After-Tax” Payment, 55
EXAMPLES, 27
Figuring Straight % Commission, 18
Finding Loan Amount Based on Sales Price and Down Payment, 30
Future Value, 43
Income Required and Allowable Monthly Debt, 65
Income/Debt Qualifying Ratios, Recalling, 59
Increasing and Decreasing ARM Payment, 54
Interest Rate, Finding an, 28
Interest-Only Payment, 34
KEY DEFINITIONS, 5
Loan Amount, Finding, 28
MEMORY, 24
Memory Storage Keys (M0-M5), 25
Monthly Mortgage (P&I) Payment, 28
Mortgage Loan (TVM) Keys, 6
MORTGAGE LOANS/TIME-VALUE-OF-MONEY (TVM) EXAMPLES, 27
Non-Monthly Loans, 45
Odd-Days Interest and APR, 50
Paying Off a Loan Early (Making Larger Payments), 29
% Calculations, 18
PITI Payment (Tax and Insurance Entered as %), 34
Preference Settings, 22
INDEX