PITI payment). Taxes and Insurance
rates, if applicable, are computed from
the Sales Price. Mortgage Insurance is
computed from the Loan Amount.
Note:
All of the example problems in
this section are based on the default
Income and Debt Ratios of 28% and
36%, respectively.
Setting Income/Debt Qualifying Ratios
Enter and permanently store qualify-
ing ratios of 28% for Income; 36% for
Debt.
Steps/Keystrokes
Display
1. Clear calculator:
[On/C] [On/C]
0.00
2. Set qualifying ratios:
28 [:] 36 [Qual 1]
28.00 – 36.00
Recalling Income/Debt Qualifying Ratios
Recall stored ratios by pressing
[Rcl]
fol-
lowed by
[Qual 1]
.
Steps/Keystrokes
Display
1. Clear calculator:
[On/C] [On/C]
0.00
2. Recall qualifying ratios:
[Rcl] [Qual 1]
28.00 – 36.00
48 — Real Estate Master
®
IIx/Qualifier Plus
®
IIx