Calculated Industries 3430 Manual de usuario

QUALIFIER PLUS®IIIFX

ADVANCED REAL ESTATE FINANCE

CALCULATOR with CASH FLOW

and COMPLETE BUYER QUALIFYING

Model 3430

Pocket Reference Guide

The QUALIFIER PLUS IIIFX lets you pre-qual-

ify clients and compute financial problems

with ease!

Quickly Solve:

• Time-Value-of-Money (TVM) Problems:

Find Loan Amount, Term, Interest,

Payment, Future Value

• Restricted/Unrestricted Qualifying

• Required Income/Debt

• Qualifying Using Flexible Ratios

• Property Tax and Insurance, Mortgage

Insurance

• P&I and PITI payment

• Sales Price and Down Payment

• Adjustable-Rate Mortgages

• Amortization and Remaining Balance

• Bi-Weekly Loans

• Date Math Problems

New!

• 80:10:10/80:15:5 Combo loans

• APR, including Mortgage Insurance

• Cash Flow/Investment Keys

• Income Tax Savings and Rent vs. Buy

• Interest-Only Payments

• LTV, Month Offset, Prepaid Interest

QUALIFIER PLUS®IIIFX

KEY DEFINITIONS..................................4

EXAMPLES ...........................................10

Date Example ....................................10

Monthly Mortgage (P&I) Payment .....10

Loan Amount......................................11

Loan Amount Based on Sales Price

and Down Payment.........................12

Interest Rate ......................................12

Term of a Loan ..................................13

Setting Tax and Insurance.................14

PITI Payment, Total Payment and

Interest-Only Payment.....................15

Quarterly Payment.............................16

Amortization.......................................17

Bi-Weekly Loans................................18

Appreciation.......................................19

Retirement Savings ...........................20

APR and Total Finance Charges,

Including Mortgage Insurance.........21

ARM Payment — Lifetime Cap .........22

Estimated Tax Savings ......................24

Rent vs. Buy ......................................25

Setting Qualifying Ratios ...................26

Qualifying Loan Amount ....................26

“Restricted” vs. “Unrestricted”

Qualifying.........................................28

TABLE OF CONTENTS

Qualifying Comparison (2 Ratios at

Once)...............................................31

Income Required and Allowable

Monthly Debt ...................................33

80:10:10 Combo Loan vs. Fixed-Rate

Loan with Mortgage Insurance........35

Cash Flow..........................................38

APPENDIX ............................................40

Default Settings .................................40

Decimal Place Setting .......................40

Preference Settings ...........................41

Batteries.............................................41

Reset .................................................41

POCKET REFERENCE GUIDE — 1

Note: This is a short “reference” guide. Please

see your Large User’s Guide for details.

:Colon separator (used for

date, ARM adjustment,

qualifying ratios and

combo loans)

bBackspace key; for back-

ing up/deleting wrong entry

®Recalls or re-displays a

value when followed by a

chosen key (e.g., ® ˆ

will display current interest

value)

μMemory Function:

- μAdds value on

display to Memory

- s μ Subtracts value

on display from Memory

- ® μ Recalls Memory

Total

- ® ® Recalls and

clears Memory Total

KEY DEFINITIONS

POCKET REFERENCE GUIDE — 2

sSets number of displayed

decimal places and acti-

vates 2nd functions

s – Change sign

s x Clear All (Note: perform

with caution as it will reset

calculator to defaults)

s = Preference mode (see

Large User’s Guide for

details)

s ÷ Payments per year

(Default 12, for monthly)

s b Periodic (sets per Period

rather than per Year)

s ) Month offset

s : Odd-days interest

s + Tax bracket %

s p Estimated income tax sav-

ings/after-tax payment

s P Rent vs. Buy

lLoan amount

pP&I, PITI, total payment,

and interest-only payment

POCKET REFERENCE GUIDE — 3

TNumber of years

ˆAnnual interest rate or

cash flow desired rate of

return

s l Future value

s ˆ APR (annual percentage

rate), including mortgage

insurance, if entered

PProperty price

dDown payment

s T Bi-Weekly loan

aAmortization function

s a Remaining balance

AAdjustable-rate mortgage

s A ARM decreasing interest

% adjustment

s % ARM lifetime interest cap%

qQualify based on

28%-36%

QQualify based on

29%-41%

iAnnual income

POCKET REFERENCE GUIDE — 4

DLong-term, monthly debt

(e.g., car payment)

s 7 Property tax (enter as per-

cent or dollar amount)

s 8 Property/homeowner’s

insurance (enter as per-

cent or dollar amount)

s 9 Mortgage insurance (enter

as percent or dollar amount)

eMonthly expenses (such

as homeowner’s associa-

tion dues)

s d For entering (or finding)

Loan-to-Value ratio and

computing respective

Down Payment and/or

Loan Amount

!Used to enter 1st TD

interest:term for Combo

Loans

s ! Used to enter 2nd TD

interest:term for Combo

Loans

POCKET REFERENCE GUIDE — 5

*Combo loan function for an

80:10:10 LTV* loan; calcu-

lates 1st/2nd TD values

and compares them to

entered fixed-rate loan

w/mortgage insurance.

*You may enter any LTV

prior to pressing this key

(e.g., LTV of 90:5, enter 9

0 : 5 *).

s * Combo loan function for an

80:15:5 loan; same func-

tion as above key

cAllows entry of up to 20

cash flows. Use the s

–to label as positive or

negative

s c Frequency — labels a cash

flow that is consecutively

repeating

POCKET REFERENCE GUIDE — 6

RMulti-function key that

computes, upon consecu-

tive presses: IRR%, NPV

& NFV used for cash flow

analysis. (The greater the

IRR and NPV, the more

attractive the investment)

s 6 Clear cash flows

Otros manuales para 3430

Este manual sirve para los siguientes modelos

Tabla de contenidos

Otros manuales de Calculadora de Calculated Industries

Calculated Industries

Calculated Industries Construction Master III Manual de usuario

Calculated Industries

Calculated Industries Construction Master 5 Manual de usuario

Calculated Industries

Calculated Industries 4065 Construction Master Pro v3.0 Manual de usuario

Calculated Industries

Calculated Industries 3420 Manual de usuario

Calculated Industries

Calculated Industries 4088 Manual de usuario

Calculated Industries

Calculated Industries PROJECTCALC Manual de usuario

Calculated Industries

Calculated Industries PIPE TRADES PRO 4095 Manual de usuario

Calculated Industries

Calculated Industries ConcreteCalc Manual de usuario

Calculated Industries

Calculated Industries Measure Master Pro 4020 Manual de usuario

Calculated Industries

Calculated Industries SCALE MASTER CLASSIC 6020 Manual de usuario

Calculated Industries

Calculated Industries 4054 Manual de usuario

Calculated Industries

Calculated Industries Pocket Handyman IV Manual de usuario

Calculated Industries

Calculated Industries Quilter's FabriCalc 8400 Manual de usuario

Calculated Industries

Calculated Industries 4030 Manual de usuario

Calculated Industries

Calculated Industries 8509 Manual de usuario

Calculated Industries

Calculated Industries Construction Master 5 Manual de usuario

Calculated Industries

Calculated Industries Construction Master IV Manual de usuario

Calculated Industries

Calculated Industries KitchenCalc Pro Manual de usuario

Calculated Industries

Calculated Industries Ultra Scale Master 6250 Manual de usuario

Calculated Industries

Calculated Industries MEASURE MASTER CLASSIC 4015 Manual de usuario

Calculated Industries

Calculated Industries 43285 Manual de usuario

Calculated Industries

Calculated Industries Machinist Calc 4086 Manual de usuario

Calculated Industries

Calculated Industries 3423 Manual de usuario

Calculated Industries

Calculated Industries 3430 Manual de usuario

Manuales populares de Calculadora de otras marcas

HP 35s Manual

Casio

Casio CFX-9970G Manual de usuario

LEXIBOOK

LEXIBOOK EL350 Manual de usuario

HP HP-97 Manual de usuario

Citizen

Citizen SDC-414N Manual de usuario

Casio

Casio fx-3800P Manual de usuario

Canon

Canon P26-DHIII Manual de usuario

Citizen

Citizen 520DPA Manual de usuario

Sharp

Sharp EL-9900 Manual de usuario

Casio

Casio FX-9860GII - SOFTWARE VERSION 2-00 Manual de usuario

Casio

Casio MS-7UC Manual de usuario

Sharp

Sharp WriteView EL-W506 Manual técnico

Casio

Casio FC-200 Manual de usuario

Casio

Casio fx-CG50 Manual de usuario

HP HP-67 Guía del usuario

Royal

Royal CBC2000 Manual de usuario

Heathkit

Heathkit IC-2009 Manual de usuario

Universal

Universal UNV-15907 Manual de usuario