Calculated Industries 3442 - Manual (Page 3)

GETTING STARTED..........................................................................1
KEY DEFINITIONS .........................................................................1
Basic Operation Keys ....................................................................1
Mortgage Loan (TVM) Keys ..........................................................2
Tax Savings Keys ..........................................................................5
Rent vs. Buy Keys .........................................................................6
Qualifying Keys..............................................................................6
Tax, Insurance and Expense Keys ................................................9
Pick-A-Payment and Equity Builder Pick-A-Payment Loan Keys ...10
Combo Loan Keys .......................................................................13
Pick-A-Payment and Equity Builder Pick-A-Payment
Combo Loan Keys.....................................................................15
BASIC ARITHMETIC EXAMPLES ...............................................16
Arithmetic.....................................................................................16
Percentage Calculations..............................................................16
Figuring Straight % Commission .................................................16
Reduction in Listing Price (Discount %) ......................................17
Simple, One-Year Home Appreciation (Add-on %) .....................17
CALCULATOR SETTINGS...........................................................17
Decimal Place Selection..............................................................17
Preference Settings .....................................................................18
MEMORY ......................................................................................21
Memory Storage Keys (M0-M5) ..................................................22
Additional Memory Storage Keys (M10-M19) .............................23
EXAMPLES ......................................................................................23
MORTGAGE LOANS/TIME-VALUE-OF-MONEY (TVM) .............23
Finding the Monthly Loan Payment.............................................24
Finding the Interest-Only Payment ..............................................25
Finding the Term of a Loan..........................................................25
Paying Off a Loan Early (Making Larger Payments)...................25
Finding the Interest Rate .............................................................26
Finding the Loan Amount ............................................................26
Finding the Loan Amount (with Interest-Only Payment)..............26
Non-Monthly Loans .....................................................................27
Finding a Quarterly Payment.......................................................27
Sales Price/Down Payment .........................................................28
Finding Loan Amount Based on Sales Price and
Down Payment ..........................................................................28
Finding Sales Price and Payment Based on Loan Amount and
Down Payment ..........................................................................28
TABLE OF CONTENTS