Calculated Industries 3430, Карманный справочник

Страница: 26 / 43

P
OCKET
R
EFERENCE
G
UIDE
— 22
Rent vs. Buy
• Term: 30 years Tax: 1.25%
• Interest: 7.5% Insurance: 0.35%
• Down: 10% Tax bracket: 30%
If your client is currently renting a home
for $1,250/month, find the comparable
home sales price and loan amount that
he or she could afford:
STEPS KEYSTROKES DISPLAY
Clear
o o
0.00
Enter term
3 0 T
30.00
Enter interest
7 • 5 ˆ
7.50
Enter down%
1 0 d
10.00
Enter tax%
1 • 2 5 s 7
1.25
Enter insurance%
• 3 5 s 8
0.35
Tax bracket%
3 0 s +
30.00
Enter rent to find comparable
home price
1 2 5 0 s P
221,894.90
Find comparable loan
amount
P
199,705.41
Find PITI pmt
P
1,692.23
Find annual tax
savings
P
5,306.75
Monthly tax
savings
P
442.23
Reset tax%
2 8 s +
28.00