Calculated Industries 3416 User Guide - Manual (Page 2)

The M
ORTGAGE
Q
UALIFIER
P
LUS
was custom-designed for mortgage
lenders and residential real estate professionals. With the push of a
few buttons, it will pre-qualify prospective buyers instantly and solve
hundreds of mortgage loan problems with ease! It’s the most
com-
plete and easy-to-use real estate finance calculator on the market!
New Features!
• Interest-Only Payments
• Interest-Only Loan Qualifying
• Interest-Only (2nd TD) Combo Loans
Additional Features:
• Easy and Complete Buyer Qualifying
• Find Qualifying Loan Amount, Income Required and
Maximum Allowable Debt
• Use 2 Qualifying Ratios at Once to Compare Different Loans
(e.g., conventional vs. FHA/VA loans)
• Instant P&I, PITI and Total Payment
• Expanded Tax and Insurance Capabilities
• Built-in Sales Price and Down Payment
• Works in Annual or Periodic Term and Interest
• Flexible, “what-if” Loan or TVM Calculations — Finds Loan
Amount, Term, Interest or Payment
• Future Value and Appreciation
• Complete Amortization
• Remaining Balances/Balloon Payments
• Adjustable Rate Mortgages (ARMs)
• APR and Total Finance Charges (including Mortgage Insurance)
• Bi-Weekly Loans
• Trust Deeds (Investments)
• Date Math Solutions; also works as a Standard Math Calculator
• 1st and 2nd Trust Deeds (80:10:10, 80:20) or Combo Loans
• Income Tax Savings, Mortgage Interest Deduction
• Loan-to-Value (LTV)
• Odd-Days Interest (ODI) and Month Offset
• Rent vs. Buy
Introducing the M
ORTGAGE
Q
UALIFIER
P
LUS
®
Mortgage Loan Calculator