Calculated-industries 3416 User Guide Manuel d'utilisateur télécharger pdf (Page 5)

Finding Qualifying Loan Amount and Sales Price (Simple

Example Excluding Tax/Insurance).........................................54

Qualifying Loan Amount and Sales Price (Complete Example

Including Down Payment, Tax/Insurance, Monthly Association

Dues) ......................................................................................55

“Restricted” Qualifying ...............................................................56

“Unrestricted” Qualifying ............................................................56

Qualifying Comparison (Comparing 2 Different Loans or Ratios

at Once)..................................................................................57

Qualifying Loan Amount (Interest-Only Loan)............................58

Finding Income Required and Allowable Monthly Debt.............59

Solving for Actual Qualifying Ratios...........................................60

1ST AND 2ND TRUST DEEDS (COMBO LOANS) .....................61

Combo Loan (80:10:10) vs. Fixed-Rate Loan with Mortgage

Insurance ................................................................................62

Combo Loan (Int-Only 2nd) vs. Fixed-Rate Loan with Mortgage

Insurance ................................................................................64

Combo Loan —

Entering a New LTV

........................................66

Financed Mortgage Insurance Compared to a Combo Loan ....68

APPENDIX .......................................................................................70

Default Settings..........................................................................70

Reset..........................................................................................70

Error Codes................................................................................70

Auto Shut-Off .............................................................................71

Batteries.....................................................................................71

Repair and Return......................................................................71

Warranty.....................................................................................72

Legal Notes................................................................................73

Looking For New Ideas..............................................................73

INDEX .............................................................................................73

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Calculated-industries 3416 User Guide Manuel d'utilisateur Page 5