Calculated Industries 3405-B User Manual

Page 7

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P

OCKET

R

EFERENCE

G

UIDE

— 6

s ˆ

APR (annual percentage
rate), including mortgage
insurance, if entered

P

Sales price of property

d

Down payment

s T

Bi-Weekly loan

a

Amortization function

s a

Remaining balance

A

Adjustable-rate mortgage

s A

ARM decreasing interest
% adjustment

s %

ARM lifetime interest cap

t

Property tax (enter as per-
cent or dollar amount)*

I

Property/homeowner’s
insurance (enter as per-
cent or dollar amount)*

3405PRG-E-B 1/9/04 8:45 AM Page 6

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