It is versatile and helps you solve for:

• Conventional, FHA/VA and Interest-Only Loan Buyer Pre-Qualifying
• Complete PITI Payment Solutions; including Interest-Only
• Amortization with Remaining Balances
  Calculate Combination Loans: any Loan-to-Value (LTV) including Interest-Only 2nd Combo, Bi-Weekly and ARMs
• Easy Rent vs. Buy Comparison and Tax Savings
• Date-math; Lock Expiration dates

For: Mortgage Lenders, Brokers and Loan Officers, Home Buyers and Sellers, Real Estate Agents and Brokers

Qualify Your Buyer or Loan Applicant Three Ways

• Qualify for Income Required, Maximum Loan Amount and Actual Ratios
• New! Interest-Only Qualifying
• Exclusive! Store and use any two sets of ratios (e.g. for Conventional and FHA/VA) or set custom ratios

Complete Payment Solutions

• Payments: P & I and Interest-Only Payment, PITI Payment, Total Payment with Expense and Mortgage Insurance
• Specialty Payments: Balloon and Bi-Weekly Payments
• Complete Amortization for the total period or any specified range of periods
• Future Value (i.e., Home or Land Appreciation) and Note Yields.

Evaluate and Compare Finance Options

• Combo Loans; Quickly find Payments, Blended Rate, Combined Payments and Total Amounts for any LTV, including Interest-Only 2nd Combo
• Combo Loan Savings: Evaluate a Combo Loan (80:20) compared to a Straight First Loan (100%), with or without Mortgage Insurance
  Rent vs. Buy Comparison: Enter Rent Payment and then quickly find Loan Amount, Price, PITI Payment, Estimated Annual and Monthly Tax Savings
• Adjustable Rate Mortgage (ARM): Simplify complex ARMS. Show your clients the "worst-case" scenario at the touch of a key
• Tax Savings: Estimates Tax Savings from Mortgage Interest and Property Tax
• Bi-Weekly Solutions: Compare costs, savings, and loan paybacks against monthly schedules

Additional Features

• Date Math: Quickly find escrow closing dates or figure how many days are left until closing
• Preference Settings: User-selected options for Payments per Year, Property Tax, Insurance, Mortgage Insurance, Decimal Preference, Tax Bracket %, Amortization and Qualifying Ratios
• Periodic function for specifying a Periodic vs. Annual amount
• Back Space key for easy editing of entered figures
  Multiple Memory Storage
• Works as a Standard Math Calculator

Includes

• Easy-to-follow User's Guide on CD and Pocket Reference Guide
• Full One-Year Limited Warranty
• Protective Slide Case
• Long-Life Batteries

Spec Summary: