Calculate complete payment solutions, amortization, combo loans, ARMs, rent versus buy comparisons, and much more with the Real Estate Master IIIX finance calculator (model 3405) from Calculated Industries. Designed for real estate and mortgage professionals, the Real Estate Master IIIX performs nearly every post-qualifying real estate calculation right there in front of the client to help boost sales.
You'll be able to calculate mortgage payments, terms, interest, PITI payments, future value, as well as purchase price, and down payment figures. Permanently store local property tax and property insurance rates for customized calculations that will help buyers and sellers develop an informative financial outlook--it even figures mortgage insurance. It also performs numerous "what-if" calculations from variables like purchase price, down payment amount, and loan amount financing.
Other features include bi-weekly and monthly loan comparisons, automatic sales price and down payment calculations, and completion of taxes, insurance, and mortgage insurance for true PITI payments. It also offers a built-in date-math function for closing and expiration dates, triple zero key that saves time and keystrokes.
A pocket user guide stores conveniently inside the back of the unit in a prefitted slot. It's powered by two LR44 batteries, which provide up to 800 hours of battery life, and the Real Estate Master IIIX has an auto shut-off feature that turns the calculator off after about 8 to 12 minutes of non-use. The device measures 5.75 x 3 x 0.6 inches and weighs 3.2 ounces, and it's backed by a one-year limited warranty.
Calculated Industries 3405 Real Estate Master IIIX finance calculator; protective slide cover; quick reference guide; pocket user's guide; batteries