Calculated Industries 3125 - Manual (Page 50)

Re-qualify this buyer assuming $200 per
month in additional housing expenses.
Steps/Keystrokes Display
1. Enter monthly housing expenses:
200 [Exp] 200.00
2. Display qualifying ratios, then find new
qualifying loan amount and new price:
[Qual 1]
28.00 – 36.00
[Qual 1] “run” 92,961.46
[Price] 127,961.46
Qualifying Loan Amount Based on Income/Debt
Buyers who make $68,000 annually
with $750 in long-term monthly debts
wish to buy a home offered at $200,000.
For what loan amount can they qualify?
(Use previously stored interest, term and
qualifying ratios.)
Steps/Keystrokes Display
1. Clear calculator:
[On/C] [On/C] 0.00
2. Enter annual income and monthly debts:
68,000 [Inc] 68,000.00
750 [Debt] 750.00
3. Display qualifying ratios, then find quali-
fying loan amount:
[Qual 1]
28.00 – 36.00
[Qual 1] “run” 184,492.74
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50 — Real Estate Master ® IIx/Qualifier Plus ® IIx