Calculated-industries 3416 User Guide Manual de usuario descargar pdf (Pagina 68)

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STEPS KEYSTROKES DISPLAY

3. Find 80:10:10 Combo Loan and Comparison Values (vs. Fixed-

Rate Loan with Mortgage Insurance):

Find 1st:2nd combined (blended)

interest rate * 8.11

Find equivalent interest rate of single,

fixed-rate loan with

mortgage insurance * 9.95

Find total combined (1st/2nd)

payment * 799.07

Find equivalent payment of single,

fixed-rate loan with

mortgage insurance * 873.64

Find monthly savings over fixed-rate loan with

mortgage insurance * 74.57

Find adjusted 2nd term (if savings

applied to 2nd TD) * 5.44

Find 1st TD loan amount

* 88,888.89

Find 2nd TD loan amount

* 11,111.11

Find 1st TD monthly

payment * 652.24

Find 2nd TD monthly

payment * 146.83

Re-display LTV * 80.00-10.00

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Calculated-industries 3416 User Guide Manual de usuario Pagina 68