Calculated Industries 3265 - Manual

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 [Loan Amt] 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 Display
[On/C] [On/C] 0.00
275000 [Loan Amt] 275,000.00
6.5 [Int] 6.50
1700 [Pmt] 1,700.00
[Term] 32.23
What is the periodic term, or # of months?
Keystroke
Display
[Term] 386.76
Interest Rate
Find the interest rate on a mortgage where
the loan amount is $155,000, term is 30
years and the monthly payment is $1,100.
Keystroke Display
[On/C] [On/C] 0.00
155000 [Loan Amt] 155,000.00
30 [Term] 30.00
1100 [Pmt] 1,100.00
[Int] 7.65
What is the periodic interest?
Keystroke Display
[Int] 0.64
LOAN PROBLEMS
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
[Loan Amt] 167,501.32
Quarterly Payment
Find the quarterly payment on a 10-year
loan of $15,000 at 10% annual interest
rate.
Keystroke Display
[On/C] [On/C] 0.00
4 [Set] [
÷
] 4.00
10 [Term] 10.00
15000 [Loan Amt] 15,000.00
10 [Int] 10.00
[Pmt] 597.54
12 [Set] [ ÷ ] (return to 12 pmts/yr) 12.00
Delta %—Rate of Appreciation
A home originally purchased for $150,000
sold a year later for $185,000. What is the
rate of appreciation?
Keystroke Display
150000 [Set] [%] 150,000.00
185000 [=] 23.33
Total Interest & Principal Paid—
Amortization
How much interest & principal and total will
you pay on a 30-year, $180,000 loan at
7% interest?
Keystroke Display
[On/C] [On/C] 0.00
180000 [Loan Amt] 180,000.00
7 [Int] 7.00
30 [Term] 30.00
[Pmt] 1,197.54
[Set] [Pmt] (range of pmts.) 1-360
[Pmt] (total interest) 251,116.02
[Pmt] (total principal) 180,000.00
[Pmt] (total payments) 431,116.02
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 [Loan Amt] 100,000.00
7 [Int] 7.00
30 [Term] 30.00
[Pmt] 665.30
36 [Set] [Pmt] (range of pmts.) 1-36
[Pmt] (total interest) 20,677.85
[Pmt] (total principal) 3,273.04
[Pmt] (total payments) 23,950.89
[Pmt] (rem. balance) 96,726.96*
* Note: Also displayed via 36 [Set] [Loan Amt].
Trust Deed/Purchase Price of a
Note—Fully Amortized
You’d like to buy a mortgage with 15 years
remaining, $100 per month in incoming
payments and you desire a 25% return.
What will you pay for the mortgage? What
if you desire a 20% yield?
Keystroke Display
[On/C] [On/C] 0.00
25 [Int] 25.00
15 [Term] 15.00
100 [Pmt] 100.00
[Loan Amt] (price) 4,682.68
20 [Int] 20.00
[Loan Amt] (new price) 5,693.80
Future Value
What will a $200,000 house be worth after
3 years, if you figure an inflation or apprecia-
tion rate of 8.5%?
Note: Set periods to one per year.
Keystroke Display
[On/C] [On/C] 0.00
1 [Set] [ ÷ ] 1.00
200000 [Loan Amt] 200,000.00
3 [Term] 3.00
8.5 [Int] 8.50
[FV] 255,457.83
12 [Set] [ ÷ ] (return to 12 pmts/yr) 12.00
USER’S GUIDE
Software copyrighted and licensed to
Calculated Industries, by Real Estate Master
Technologies, LLC, 2003.
User’s Guide copyrighted by
Calculated Industries, 2003.
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
[email protected]
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