Calculated Industries Qualifier Plus IIIx Betriebsanweisung PDF herunterladen (Seite 68)

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STEPS KEYSTROKES DISPLAY

3. Find 90:5:5 Combo Loan and Comparison Values (vs. Fixed-Rate

Loan with Mortgage Insurance):

Enter LTV and find 1st:2nd blended

interest rate 9 0 : 5 * 8.05

Find equivalent interest rate of

fixed-rate loan with mortgage

insurance/MI * 9.95

Find total combined (1st/2nd)

payment * 764.70

Find equivalent payment of

fixed-rate loan with MI * 873.64

Find monthly savings over fixed-rate

loan with MI * 108.94

Find adjusted 2nd term (if savings

applied to 2nd TD) * 2.83

Find 1st TD loan amount

* 94,736.84

Find 2nd TD loan amount

* 5,263.16

Find 1st TD monthly

payment * 695.15

Find 2nd TD monthly

payment * 69.55

Re-display LTV * 90.00-5.00

Note: an entered LTV is not stored; in order to re-calculate a Combo Loan based on a

different LTV than 80:10:10 or 80:15:5, you will need to enter the LTV prior to press-

ing * (or s *).

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Calculated Industries Qualifier Plus IIIx Betriebsanweisung Seite 68