Calculated Industries 3126 - Manual (Page 40)

Setting GDSR:TDSR Qualifying Ratios
Enter and permanently store qualify-
ing ratios of 32% for GDSR; 40% for
TDSR.
Steps/Keystrokes Display
1. Clear calculator:
[On/C] [On/C] 0.00
2. Set qualifying ratios:
32 [:] 40 [Qual 1] 32.00 – 40.00
Recalling GDSR:TDSR Qualifying Ratios
Recall stored ratios by pressing [Rcl] fol-
lowed by [Qual 1] .
Steps/Keystrokes Display
1. Clear calculator:
[On/C] [On/C] 0.00
2. Recall qualifying ratios:
[Rcl] [Qual 1] 32.00 – 40.00
Qual. Loan Amount Based on Income & Debt
What size loan can a buyer qualify for if
she earns $45,000/year, has $500/month
long term debt and is putting $35,000
down? Loan parameters are an 8.5% inter-
est rate at 25 years and qualifying ratios
of 32:40. (No Tax and Insurance.)
40 — Qualifier Plus ® IIcx