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3405
Calculated Industries 3405 User Manual
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P
OCKET
R
EFERENCE
G
UIDE
ā
8
*
Combo loan function for an
80:10:10 L
TV loan; calcu-
lates 1st/2nd
TD values
and compares them to
entered fixed-rate loan
w/mortgage insurance
*Y
ou may enter any L
TV
prior to pressing this key
(e.g., L
TV of 90:5, enter
9 0 :
5 *
)
s *
Combo loan function for an
80:15:5 loan; same func-
tion as above key
3405PRG-E-B 1/9/04 8:45 AM Page 8
8
10
Table of Contents
Default Chapter
3
Table of Contents
3
Key Definitions
5
Preference Settings - How to Access
10
Examples
12
Memory - Add/Subtract/Multiply
12
Memory/Storage Registers
13
Finding Commission
13
Reduction of Listing Price
14
Date of Escrow Closing
14
Monthly Mortgage (P&I) Payment
15
Term of a Loan
15
Interest Rate
16
Loan Amount
16
Loan Amount Based on Sales Price and down Payment
17
Loan-To-Value
17
Setting Tax and Insurance
18
P&I, PITI and Interest-Only Payments
19
Quarterly Payment
20
Estimated Tax Savings
21
Rent Vs. Buy
22
ARM Payment - Increasing and Decreasing Payments
23
Amortization - Using "Next" Feature
25
Amortization for Individual Year(S)- Month Offset, Tax Bracket Change
27
Balloon Payment/Remaining Balance
29
APR and Total Finance Charges, Including Mortgage Insurance
30
Prepaid (Odd-Days) Interest and APR, Including Mortgage Insurance
31
Appreciation/Future Value
33
Bi-Weekly Loans
34
80:10:10 Combo Loan Vs. Fixed-Rate Loan with Mortgage Insurance
35
80:15:5 Combo Loan Vs. Fixed-Rate Loan with Mortgage Insurance
38
Appendix
41
Default Settings
41
Decimal Place Setting
41
Batteries
42
Reset
42
Legal Notes
42
4
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Calculated Industries 3405 Specifications
General
Brand
Calculated Industries
Model
3405
Category
Calculator
Language
English
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