Calculated Industries 3126 - Manual (Page 10)

First enter a tax bracket, then press [Set]
[Pmt] to display the annual tax deduction;
second press displays the monthly tax
deduction; third press displays the “after-
tax” payment.
[Set] [Term]
Bi-Weekly Mortgage function: Converts
between monthly and bi-weekly loans.
A second press of
[Term] while in bi-
weekly mode, displays the total interest
savings.
[Set] [ARM]
ARM Rate Increase/Decrease: Changes
ARM function from increasing to
decreasing rate.
Qualifying Keys – “Plus” Model Only
[Qual 1]
A multifunction key which performs
the following qualifying functions:
1. Stores a GDSR:TDSR Ratio: (i.e. 32 [:]
40 [Qual 1]). The entered ratio will
remain in storage until revised or reset.
(defaults to 28%:36%.)
2. Finds the Maximum Loan Amount
based on income and other entered
values (interest, term, taxes, insurance,
etc.) when loan amount is zero.
3. Finds the Minimum Income Required
based on loan amount and other
entered values when income is zero.
10 — Qualifier Plus ® IIcx