Calculated Industries 3430 Pocket Reference Guide User Manual
Page 37
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P
OCKET
R
EFERENCE
G
UIDE
— 33
(Cont’d)
STEPS
KEYSTROKES
DISPLAY
Clear Tax
0 s 7
0.00
Clear
Insurance
0 s 8
0.00
Solve for
payment
p
1,580.17
Solve for PITI (including
PMI)
p
1,709.34
2. Enter Combo Loan Values:
Enter 1st TD Interest
and Term
6 : 3 0 !
6.00-30.00
Enter 2nd TD Interest
and Term
8 • 5 : 1 5 s
!
8.50-15.00
3. Find Combo Loan Values:
Find blended interest rate for
1st/2nd TD
*
6.18
Find equivalent interest rate for
fixed-rate loan with mortgage
insurance
*
7.27
Find 1st/2nd TD combined monthly
payment
*
1,605.87
(Cont’d)
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