Calculated Industries 3126 User Manual

Page 41

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Steps/Keystrokes

Display

1. Clear calculator:

[On/C] [On/C]

0.00

2. Recall Tax rate, Insurance rate and

Mortgage Insurance rate:
[Rcl] [Tax]

0.00

[Rcl] [Ins]

0.00

[Rcl] [Mtg Ins]

0.00

3. Enter term in years, annual interest and

down payment:
25 [Term]

25.00

8.5 [Int]

CdA 8.50

35,000 [Dn Pmt]

35,000.00

4. Enter annual income and monthly debts:

45,000 [Inc]

45,000.00

500 [Debt]

500.00

5. Display qualifying ratios and find quali-

fying loan amount:
[Qual 1]

32.00 – 40.00

[Qual 1] “run”

125,728.67

6. Find price and monthly payment:

[Price]

160,728.67

[Pmt]

1,000.00

— D

O

N

OT

C

LEAR THE

C

ALCULATOR

User’s Guide — 41

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