User guide

3. Set annual property tax rate:
1 [Tax] 1.00
4. Set annual property insurance rate:
.5 [Ins] 0.50
5. Set annual mortgage insurance rate:
.25 [Mtg Ins] 0.25
6. Recall interest and term:
[Rcl] [Int] 7.50
[Rcl] [Term] 30.00
7. Display qualifying ratios:
[Qual 1] 28.00 – 36.00
8. Find qualifying loan amount:
[Qual 1] “run” 149,695.67
9. Find Price:
[Price] 169,695.67
— DO NOT CLEAR THE CALCULATOR —
Now find the monthly payment and
PITI payment based on the entered tax
and insurance.
Steps/Keystrokes Display
1. Find P & I payment:
[Pmt] “run” 1,046.69
2. Find PITI payment:
[Pmt] 1,290.00
54 — Real Estate Master
®
IIx/Qualifier Plus
®
IIx