ZOOM IMAGE |
Qualify Your Buyer or Loan Applicant Three Ways
- Qualify for Income Required, Maximum Loan Amount and Actual Ratios
- New! Interest-Only Qualifying
- Exclusive! Store and use any two sets of ratios (e.g. for Conventional and FHA/VA) or set custom ratios
Complete Payment Solutions
- Payments: P & I and Interest-Only Payment, PITI Payment, Total Payment with Expense and Mortgage Insurance
- Specialty Payments: Balloon and Bi-Weekly Payments
- Complete Amortization for the total period or any specified range of periods
- Future Value (i.e., Home or Land Appreciation) and Note Yields.
Evaluate and Compare Finance Options
- Combo Loans; Quickly find Payments, Blended Rate, Combined Payments and Total Amounts for any LTV, including Interest-Only 2nd Combo
- Combo Loan Savings: Evaluate a Combo Loan (80:20) compared to a Straight First Loan (100%), with or without Mortgage Insurance
Rent vs. Buy Comparison: Enter Rent Payment and then quickly find Loan Amount, Price, PITI Payment, Estimated Annual and Monthly Tax Savings
- Adjustable Rate Mortgage (ARM): Simplify complex ARMS. Show your clients the "worst-case" scenario at the touch of a key
- Tax Savings: Estimates Tax Savings from Mortgage Interest and Property Tax
- Bi-Weekly Solutions: Compare costs, savings, and loan paybacks against monthly schedules
|
Additional Features
- Date Math: Quickly find escrow closing dates or figure how many days are left until closing
- Preference Settings: User-selected options for Payments per Year, Property Tax, Insurance, Mortgage Insurance, Decimal Preference, Tax Bracket %, Amortization and Qualifying Ratios
- Periodic function for specifying a Periodic vs. Annual amount
- Back Space key for easy editing of entered figures
Multiple Memory Storage
- Works as a Standard Math Calculator
Includes
- Easy-to-follow User's Guide on CD and Pocket Reference Guide
- Full One-Year Limited Warranty
- Protective Slide Case
- Long-Life Batteries
Tech Specs
- Size: 5.5 x 3.0 x 0.5" (140 x 76 x 13 mm)
- Weight (product only with battery):
3.2 oz. (91 g)
- Power:
Two 3-volt lithium (LR44) battery (included)
- Display Type:
LCD segment; 9 digits with Annunciators-legends
- LCD Display Dimensions:
0.86 x 2.5” (22 x 64 mm)
- Accuracy:
12 digit internal accuracy
|