P
OCKET REFERENCE GUIDE — 13
Find the total payment, if you estimate
homeowner’s association fees at $80/month.
Also find the interest-only payment:
STEPS KEYSTROKES DISPLAY
Enter expenses
8 0 e 80.00
Find total
payment p p p 2,516.60
Find interest-only
payment p 1,608.07
Quarterly Payment
Find the quarterly payment on a 10-year
loan of $15,000 with an annual interest
rate of 12%:
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Set to 4 payments
per year 4 s ÷ 4.00
Enter loan 1 5 ) l 15,000.00
Enter term 1 0 T 10.00
Enter interest 1 2 ˆ 12.00
Find quarterly P&I
payment p 648.94
Return to 12 payments
per year 1 2 s ÷ 12.00
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