Calculated Industries 3420 Pocket Reference Guide - Manual (Page 26)

P OCKET R EFERENCE G UIDE — 25
(Cont’d)
Find qualifying mortgage amount, price
and total payment:
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Enter Income 4 5 ) i 45,000.00
Enter Debt 2 5 0 D 250.00
Enter %Down 2 5 d 25.00
Set Tax% 1 • 5 t 1.50
Enter heating
expense 1 0 0 e 100.00
Enter Term 2 5 T 25.00
Enter Interest 7 • 2 5 ˆ 7.25
Enter Ratios 3 2 : 4 0 q
32.00 – 40.00
Find maximum qualifying
Mortgage q 124,633.84
Find Price P 166,178.45
P&I Payment p 892.28
PITH/total
Payment p p 1,200.00
3420PRG-E-A 7/2/04 9:07 AM Page 25