Texas Instruments BA Real Estate Supplementary Guide

Prepared for ________________________________ By _________________________ Date ____________
Copyright © 1993, 1996 by Texas Instruments Incorporated.
21
BA Real Estate™ Worksheet
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Finding Qualifying Loan Amount Based on
Tax, Insurance, and Down Payment Amounts
1. Clear TVM values (if not already cleared).
# -
2. Enter income percent (if not already entered). ______________
# m
3. Enter debt percent (if not already entered).
# d
4. Enter annual tax amount.
5. Add annual insurance amount, and enter total.*
a
j # E
6. Enter term of loan (in years).
0
7. Enter interest rate.
1
8. Start the qualification.
?
9. Enter monthly income amount (total).
j
10. Enter monthly debt amount (total).
j
11. Enter down payment amount (in dollars).**
12. Compute PITI.
j
13. Compute payment.
j
14. Compute qualifying loan amount.
j
15. Compute qualifying sales price.
j
16. Compute down payment amount.
j
*
The calculator uses the TAX&INS$ amount, ignoring the TAX% and INS% settings. TAX% and INS% are used only when
TAX&INS$ is zero.
**
The calculator accepts any number greater than 99 as a down payment dollar amount.

Texas Instruments BA Real Estate Specifications

General

Type	Financial Calculator
Memory	10 memories
Power	Battery
Battery Type	CR2032
Automatic Power Down	Yes
Real Estate Functions	Yes
Financial Functions	Yes
Statistical Functions	Yes
Display	10-digit LCD