Calculated Industries 3416 User Guide User Manual
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GETTING STARTED..........................................................................1
KEY DEFINITIONS .........................................................................1
Basic Operation Keys ..................................................................1
Mortgage Loan (TVM) Keys.........................................................2
Tax, Insurance and Expense Keys ..............................................6
Tax Savings Function...................................................................7
Rent vs. Buy Keys .......................................................................7
Qualifying Keys ............................................................................8
1st and 2nd Trust Deeds (Combo Loan) Keys...........................11
BASIC ARITHMETIC EXAMPLES ...............................................13
Arithmetic ...................................................................................13
Percentage Calculations ............................................................13
Figuring Straight % Commission ...............................................13
Reduction in Listing Price (Discount %) ....................................14
Simple, One-Year Home Appreciation (Add-on %)....................14
Date Examples...........................................................................15
CALCULATOR SETTINGS...........................................................16
Decimal Place Selection ............................................................16
Preference Settings ...................................................................17
MEMORY ......................................................................................19
Accumulative Memory................................................................19
Memory Storage Keys (M0-M6).................................................20
Additional Memory Storage Keys ..............................................21
EXAMPLES ......................................................................................22
MORTGAGE LOANS/TIME-VALUE-OF-MONEY (TVM) .............22
Finding the Monthly Mortgage (P&I) Payment...........................23
Interest-Only Payment (Calculation) ..........................................23
Interest-Only Payment (Entry) ...................................................23
Finding the Interest Rate ...........................................................24
Finding the Term of a Loan ........................................................24
Finding the Loan Amount ...........................................................24
Paying Off a Mortgage Early (Making Larger Payments) ..........25
Simple Interest vs. Compound Interest......................................25
Future Value...............................................................................26
Appreciation ...............................................................................26
Non-Monthly Loans ....................................................................27
Finding a Quarterly Payment .....................................................27
Sales Price/Down Payment .......................................................28
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