Calculated Industries 3125 - Manual (Page 7)

1 [:] 1[ARM] . Pressing [Set] [ARM] adjusts
the rate up or down to show future pay-
ments. (ARM rates are stored permanently.)
[Ins]
Property Insurance: Stores and recalls
annual property insurance as percent
or dollar amount. Repeated presses
toggle between percent and dollar val-
ues. Values of 10 or less are assumed to be
annual percentages. Computed from the
sales price.
Note: Tax & Insurance
entered as dollar amounts remain fixed,
even if sales price or loan amount are
changed. However, if entered as a percent
of sales price or loan amount, these items
are automatically recalculated if sales
price or loan amount are changed.
[Tax]
Property Tax: Stores and recalls annual
property tax in either percent or dollar
amount. Repeated presses toggle
between percent and dollar values.
Values of 10 or less are assumed to be
annual percentages. Computed from
the sales price.
[Set] [÷]
Payments per Year : Sets the number of
payment periods per year. Default is 12,
for monthly. Any change to this setting is
permanent until reset. To reset to 12 pay-
ments per year, press
12 [Set] [÷].
User’s Guide — 7