Calculated Industries Qualifier Plus IIIFX Guia do Utilizador Página 25

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P
OCKET REFERENCE GUIDE — 21
Estimated Tax Savings
Loan: $150,000
Buyers tax bracket: 28%
Term: 30 years
Interest: 8%
Property taxes: $1,500
Property insurance: $250
Note: This is an estimate only.
What is this buyer’s estimated income tax
savings and “after tax” payment?
STEPS KEYSTROKES DISPLAY
Clear o o 0.00
Enter term 3 0 T 30.00
Enter interest 8 ˆ 8.00
Enter tax$ 1 5 0 0 s 7 1,500.00
Enter insurance$
2 5 0 s 8 250.00
Enter loan 1 5 0 ) l
150,000.00
Find P&I pmt p “run” 1,100.65
PITI payment p 1,246.48
Enter tax
bracket 2 8 s p 28.00
Find annual tax
savings p 3,767.32
Monthly tax
savings p 313.94
Net payment p 932.54
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