Finding Sales Price & Monthly Payment Based on L/A & Down Pmt
Find your maximum sales price if you’ve been approved for
$125,000 loan and plan to put 20% down, and then find your
monthly payment at 9% interest over 30 years.
Steps Keystrokes Display
Clear calculator [On/C] [On/C] 0.00
Enter loan amt 125,000 [L/A] 125,000.00
Enter down pmt % 20 [Dn Pmt] 20.00
Find sales price [Price] 156,250.00
Enter term 30 [Term] 30.00
Enter interest 9 [Int] 9.00
Find monthly payment [Pmt] “run” 1,005.78
18 – Qualifier Plus
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