Qualifying examples – Calculated Industries 3423 User Manual

Page 47

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42 — Q

UALIFIER

P

LUS

®

4

X

QUALIFYING EXAMPLES

Most of the examples in this section will be based on the default
GDS:TDS Income and Debt Ratios of 32% and 40%, respectively,
which are stored in the

q

key.

Recalling GDS / TDS Qualifying Ratios

Recall stored 32%-40% and 35%-42% ratios:

STEPS

KEYSTROKES

DISPLAY

Clear calculator

o o

0.00

Recall Qualifying Ratios 1

® q

32.00-40.00

Recall Qualifying Ratios 2

® Q

35.00-42.00

Storing New GDS / TDS Qualifying Ratios

Enter and permanently store new qualifying ratios of 30% for Income
and 38% for Debt in

q

:

STEPS

KEYSTROKES

DISPLAY

Clear calculator

o o

0.00

Set Qualifying Ratios

3 0 : 3 8 q

30.00-38.00

Return ratios to 32:40*

3 2 : 4 0 q

32.00-40.00

*Note: Your ratios will be permanently stored, or will remain even after your calculator
is turned off. You must re-enter these to restore your calculator to the default ratios of
32:40 and 35:42 if they have been changed.

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