Calculated Industries 3125 User Manual
Page 51
Advertising
“Nonrestrictive” Qualifying L/A & Actual Ratios
The amount calculated in the previous
example is the lower, or “restrictive,”
ratio. What does the other “nonrestric-
tive” qualifying ratio calculate to and
which side is it based on (i.e., buyer’s
income or debt)? What are the buyer’s
actual income and debt ratios?
Steps/Keystrokes
Display
1. Find nonrestrictive loan amount:
[Qual 1] “run” – 226,921.30
INC
2. Find actual ratios:
[Qual 1]
“run” 22.76-36.00
Note:
The “INC” legend tells you that the
nonrestrictive side was based on the Income
Ratios; therefore, the restrictive side was
based on debts.
— D
O
N
OT
C
LEAR THE
C
ALCULATOR
—
User’s Guide — 51
Advertising
This manual is related to the following products: