Manual

66 — M

ORTGAGE

UALIFIER

LUS

(Cont’d)

STEPS KEYSTROKES DISPLAY

Find the First Five P-A-P Payments:

Find 1st year payment ∏ 1,423.61

Find 2nd year payment ∏ 1,494.79

Find 3rd year payment ∏ 1,569.53

Find 4th year payment ∏ 1,648.01

Find 5th year payment ∏ 1,730.41

Find 5-year P-A-P Savings (with no ROI% applied), 5-year ROI%

Savings (based on entered ROI%), and Total Cost:

Display savings/ROI%

range ∏ 1-5

Find savings (no ROI%) ∏ 31,462.37*

Display stored ROI% ∏ 7.00

Find ROI savings ∏ 38,305.19*

Display range for

P-A-P calculations ∏ 1-30

Find total prin./interest ∏ 842,120.24*

Find total interest ∏ 542,120.24

Find balance at end

of range ∏ 0.00

Find Start Payment for Year 1, Interest-Only Payment, 30-Year and

15-Year Payments (all based on P-A-P Note%) and P-A-P

Deferred Interest:

Display start payment s ∏ 1,423.61

Find interest-only

payment ∏ 1,875.00

Find 30-yr loan payment ∏ 2,097.64

Find 15-yr loan payment ∏ 2,781.04

Find deferred interest ∏ 451.39

Find the Total Investment Return over 30 years:

Clear calculator o o 0.00

Enter 5-year ROI as

present value 3 8 3 0 5 • 1 9 l 38,305.19

Enter ROI% as

interest rate 7 ˆ 7.00

Enter the rem. term

after 5 years 2 5 T 25.00

Find the value of the

investment s l 219,313.23

(Cont’d)