P
OCKET
R
EFERENCE
G
UIDE
— 25
(Cont’d)
Find qualifying mortgage amount, price
and total payment:
STEPS
KEYSTROKES
DISPLAY
Clear
o o
0.00
Enter Income
4 5 ) i
45,000.00
Enter Debt
2 5 0 D
250.00
Enter %Down
2 5 d
25.00
Set Tax%
1 • 5 t
1.50
Enter heating
expense
1 0 0 e
100.00
Enter Term
2 5 T
25.00
Enter Interest
7 • 2 5 ˆ
7.25
Enter Ratios
3 2 : 4 0 q
32.00 – 40.00
Find maximum qualifying
Mortgage
q
124,633.84
Find Price
P
166,178.45
P&I Payment
p
892.28
PITH/total
Payment
p p
1,200.00
3420PRG-E-A 7/2/04 9:07 AM Page 25
