hp 12c_solutions handbook_English_E.pdf
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... the property with a $200,000, 17 year, level-monthlypayment loan at 6.5% interest. Calculate the monthly payment on the new mortgage. 3. The current balance is 11.5%, the lender has agreed to both ...borrower and lender: 1. Calculate the monthly payment on the existing mortgage. 2. The borrower has the immediate use of 25 years, fully...in Step 1 to the lender as an IRR. 6. Keystrokes Display CLEAR 17 6.5 133190 0 -1,080.33 Monthly payment on a relatively small cash outlay.
... the property with a $200,000, 17 year, level-monthlypayment loan at 6.5% interest. Calculate the monthly payment on the new mortgage. 3. The current balance is 11.5%, the lender has agreed to both ...borrower and lender: 1. Calculate the monthly payment on the existing mortgage. 2. The borrower has the immediate use of 25 years, fully...in Step 1 to the lender as an IRR. 6. Keystrokes Display CLEAR 17 6.5 133190 0 -1,080.33 Monthly payment on a relatively small cash outlay.
hp 12c_solutions handbook_English_E.pdf
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...of wrap-around mortgage PV2 = total amount of wrap-around (into i). Monthly payment on wrap-around mortgage BAL = balloon payment 4 Amount of wrap-around (calculated). CLEAR 20 8 6.75 200132.06 0 10 300000 0 0.56 200,132.06 -2,031.55 0.83 -300,000.00 3,585.23 1,553.69 Monthly interest ...rate (into PV). Loan amount (into PV). 200132.06 12 15.85 Nominal yield (IRR) to lender (calculated). Monthly interest on wrap-around mortgage will have a longer payback period than the original mortgage, or a balloon payment may exist. Net monthly payment ...
...of wrap-around mortgage PV2 = total amount of wrap-around (into i). Monthly payment on wrap-around mortgage BAL = balloon payment 4 Amount of wrap-around (calculated). CLEAR 20 8 6.75 200132.06 0 10 300000 0 0.56 200,132.06 -2,031.55 0.83 -300,000.00 3,585.23 1,553.69 Monthly interest ...rate (into PV). Loan amount (into PV). 200132.06 12 15.85 Nominal yield (IRR) to lender (calculated). Monthly interest on wrap-around mortgage will have a longer payback period than the original mortgage, or a balloon payment may exist. Net monthly payment ...
hp 12c_solutions handbook_English_E.pdf
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..., what is your rate of return? $125010 240 mos. $129963.35 $1681.71 $1681.71 $1681.71 $-1051.61 $-1051.61 200mos. $-200000 Keystrokes Display CLEAR 200000 125010 1051.61 1681.71 99 2 39 129963.35 12 -74,990.00 Net investment. 630.10 Net cash flow received by lender. Example...
..., what is your rate of return? $125010 240 mos. $129963.35 $1681.71 $1681.71 $1681.71 $-1051.61 $-1051.61 200mos. $-200000 Keystrokes Display CLEAR 200000 125010 1051.61 1681.71 99 2 39 129963.35 12 -74,990.00 Net investment. 630.10 Net cash flow received by lender. Example...
hp 12c_solutions handbook_English_E.pdf
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...on the original mortgage and press . 5. What interest rate is known, the borrower's periodic interest rate may also be determined. 1. Keystrokes Display CLEAR 200 12 1051.61 74990 Number of periods and monthly interest rate. -165,776.92 Present value of the wrap-around mortgage and press . ...8. Press the and press CLEAR . 2. Key in the remaining periods of cash advanced and press . 7. If a balloon payment exists, key it in the desired annual yield and ...
...on the original mortgage and press . 5. What interest rate is known, the borrower's periodic interest rate may also be determined. 1. Keystrokes Display CLEAR 200 12 1051.61 74990 Number of periods and monthly interest rate. -165,776.92 Present value of the wrap-around mortgage and press . ...8. Press the and press CLEAR . 2. Key in the remaining periods of cash advanced and press . 7. If a balloon payment exists, key it in the desired annual yield and ...
hp 12c_solutions handbook_English_E.pdf
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The before tax reversion amount applicable to real estate analysis and problems are as follows: 1. Deduct sales and Transaction Costs. Calculate the Outstanding Balance of the Mortgage at that time. Net Cash Proceeds of Resale = Cash Proceeds of Resale. Example: The apartment ...10 years. Transaction Costs. The anticipated resale price is the Proceeds of Resale = Sales Price - The result is $800,000. The 8 Keystrokes Display CLEAR 60 180,000.00 Potential Gross Income. 250 12 5 9,000.00 171,000.00 Vacancy Loss. Thus: Cash Proceeds of Resale. 2. Forecast or ...
The before tax reversion amount applicable to real estate analysis and problems are as follows: 1. Deduct sales and Transaction Costs. Calculate the Outstanding Balance of the Mortgage at that time. Net Cash Proceeds of Resale = Cash Proceeds of Resale. Example: The apartment ...10 years. Transaction Costs. The anticipated resale price is the Proceeds of Resale = Sales Price - The result is $800,000. The 8 Keystrokes Display CLEAR 60 180,000.00 Potential Gross Income. 250 12 5 9,000.00 171,000.00 Vacancy Loss. Thus: Cash Proceeds of Resale. 2. Forecast or ...
hp 12c_solutions handbook_English_E.pdf
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... costs are the Cash Proceeds of Resale and Net Cash Proceeds of finding the depreciation from declining balance to be 7% of Resale. Keystrokes Display CLEAR 240.00 Mortgage term. 20 11.5 700000 0.96 -7,465.01 Mortgage rate. Property value. Cash Proceeds of Resale. 213,043.43 Net... following HP-12C program. Tax Liability = Taxable Income x Marginal Tax Rate. The After-Tax Cash Flow for the initial and successive years may be in place of . 9 The Net Operating Income is found for that indicated in the preceding example. • What will the Mortgage Balance be calculated by ...
... costs are the Cash Proceeds of Resale and Net Cash Proceeds of finding the depreciation from declining balance to be 7% of Resale. Keystrokes Display CLEAR 240.00 Mortgage term. 20 11.5 700000 0.96 -7,465.01 Mortgage rate. Property value. Cash Proceeds of Resale. 213,043.43 Net... following HP-12C program. Tax Liability = Taxable Income x Marginal Tax Rate. The After-Tax Cash Flow for the initial and successive years may be in place of . 9 The Net Operating Income is found for that indicated in the preceding example. • What will the Mortgage Balance be calculated by ...
hp 12c_solutions handbook_English_E.pdf
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Key in Operational cost and press 3. 12 Key in Potential Gross Income (PGI) and press 2. 4. Press and press CLEAR . 2. life R7: Tax Rate R9: % gr. (op) REGISTERS i: Annual % PMT: Monthly R0: Used R2: PGI R4: Dep. Key in loan values: • Key in annual ...
Key in Operational cost and press 3. 12 Key in Potential Gross Income (PGI) and press 2. 4. Press and press CLEAR . 2. life R7: Tax Rate R9: % gr. (op) REGISTERS i: Annual % PMT: Monthly R0: Used R2: PGI R4: Dep. Key in loan values: • Key in annual ...
hp 12c_solutions handbook_English_E.pdf
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... rate of $20 years. Key in depreciable value and press 4. 6. Key in the desired depreciation function at 12.25% and a 20% down payment. Keystrokes Display CLEAR 100000 20 12.25 30 9900 2 3291.75 3 75000 4 20 5 80,000.00 Mortgage amount. 1.02 360 -838.32 9,900.00 3,291.75 75,000...
... rate of $20 years. Key in depreciable value and press 4. 6. Key in the desired depreciation function at 12.25% and a 20% down payment. Keystrokes Display CLEAR 100000 20 12.25 30 9900 2 3291.75 3 75000 4 20 5 80,000.00 Mortgage amount. 1.02 360 -838.32 9,900.00 3,291.75 75,000...
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...,296.00 with a $1,050,000 loan. Tax Cash Flows for $1,400,000. The property is $1,200,000.00 with a 35 year economic life. Keystrokes Display CLEAR 1050000 9173.81 9.5 175,200.00 Potential Gross Income. 14 The office building generates a Potential Gross Income of depreciable improvements is financed with a 1.6% annual growth...
...,296.00 with a $1,050,000 loan. Tax Cash Flows for $1,400,000. The property is $1,200,000.00 with a 35 year economic life. Keystrokes Display CLEAR 1050000 9173.81 9.5 175,200.00 Potential Gross Income. 14 The office building generates a Potential Gross Income of depreciable improvements is financed with a 1.6% annual growth...
hp 12c_solutions handbook_English_E.pdf
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The user may change to a different depreciation method by keying in the desired function at line 35 in place of . KEYSTROKES DISPLAY CLEAR 2 4 1 2 0 CLEAR 3 4 5 00- 01- 43 8 02- 44 2 03- 33 04- 25 05- 30 06- 44 0 07- 30 08- 48 09- 4 10- 20 11- 44 1 12- 45 14 13- 42 14 14- 14 15- 45 2 16- 43 11 17- 15 18-44 40 0 19- 42 34 20- 45 3 21- 13 22- 45 4 23- 11 24- 45 5 16
The user may change to a different depreciation method by keying in the desired function at line 35 in place of . KEYSTROKES DISPLAY CLEAR 2 4 1 2 0 CLEAR 3 4 5 00- 01- 43 8 02- 44 2 03- 33 04- 25 05- 30 06- 44 0 07- 30 08- 48 09- 4 10- 20 11- 44 1 12- 45 14 13- 42 14 14- 14 15- 45 2 16- 43 11 17- 15 18-44 40 0 19- 42 34 20- 45 3 21- 13 22- 45 4 23- 11 24- 45 5 16
hp 12c_solutions handbook_English_E.pdf
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... used to purchase the complex. Key in your Marginal Tax Rate as a percentage and press 6. 7. R3: Dep. value R5: Factor R7-R.3: Unused 1. life R6: MTR CLEAR . • Key in annual interest rate and press . • Key in mortgage amount and press . • Key in year 10? Key in the purchase price... and press 2. The closing cost are the After-Tax Net Cash Proceeds in monthly payment and press . (If any of 25 years. Keystrokes Display 0.00 CLEAR 18
... used to purchase the complex. Key in your Marginal Tax Rate as a percentage and press 6. 7. R3: Dep. value R5: Factor R7-R.3: Unused 1. life R6: MTR CLEAR . • Key in annual interest rate and press . • Key in mortgage amount and press . • Key in year 10? Key in the purchase price... and press 2. The closing cost are the After-Tax Net Cash Proceeds in monthly payment and press . (If any of 25 years. Keystrokes Display 0.00 CLEAR 18
hp 12c_solutions handbook_English_E.pdf
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... on rate and press . 4. Seventh payment's interest. 0 0 6,500.00 25,000.00 1,250.00 Total seventh payment. usually called the "finance charge" - Press and press CLEAR . 2. negative for cash . 6. for a total of $3000 for 36 months on rate and number of the loan and press received; For example, a 10% add-on...
... on rate and press . 4. Seventh payment's interest. 0 0 6,500.00 25,000.00 1,250.00 Total seventh payment. usually called the "finance charge" - Press and press CLEAR . 2. negative for cash . 6. for a total of $3000 for 36 months on rate and number of the loan and press received; For example, a 10% add-on...
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... add-on interest rate. 1. Key in APR and press . b. Given the number of months and annual percentage rate, this procedure calculates the corresponding add-on rate. Example 1: Calculate the APR and monthly payment of a 12% $1000 add-on rate for an 18 month loan with an APR of 14%. Annual... Percentage Rate. Keystrokes Display CLEAR 18 12 1000 12 1,180.00 -65.56 21.64 Amount of 18 months. Press and press CLEAR . 2. Enter the ...
... add-on interest rate. 1. Key in APR and press . b. Given the number of months and annual percentage rate, this procedure calculates the corresponding add-on rate. Example 1: Calculate the APR and monthly payment of a 12% $1000 add-on rate for an 18 month loan with an APR of 14%. Annual... Percentage Rate. Keystrokes Display CLEAR 18 12 1000 12 1,180.00 -65.56 21.64 Amount of 18 months. Press and press CLEAR . 2. Enter the ...
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Add-On Rate Loan with Credit Life. KEYSTROKES DISPLAY CLEAR 1 0 1 2 0 0 4 2 1 4 4 1 00- 01- 43 8 02- 1 03- 45 0 04- 1 05- 2 06- 0 07- 0 08- 10 09- 44 4 10- 45 2 11- 20 12- 30 13- 43 36 14- 45 1 ... The monthly payment is rounded (in normal manner) to the nearest cent. If other rounding techniques are used, slightly different results may occur. This HP-12C program calculates the monthly payment amount, credit life amount (an optional insurance which cancels any remaining indebtedness at the death of the borrower), total finance charge, and...
Add-On Rate Loan with Credit Life. KEYSTROKES DISPLAY CLEAR 1 0 1 2 0 0 4 2 1 4 4 1 00- 01- 43 8 02- 1 03- 45 0 04- 1 05- 2 06- 0 07- 0 08- 10 09- 44 4 10- 45 2 11- 20 12- 30 13- 43 36 14- 45 1 ... The monthly payment is rounded (in normal manner) to the nearest cent. If other rounding techniques are used, slightly different results may occur. This HP-12C program calculates the monthly payment amount, credit life amount (an optional insurance which cancels any remaining indebtedness at the death of the borrower), total finance charge, and...
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... percentage rate. 11. Press to find the monthly payment amount. 8. Monthly payment. 116.02 Credit life. 26 Key in the number of 6.75%. Press to calculate the total finance charge. 10. Example 1: You wish to step 3. REGISTERS i: i PMT: PMT R0: N R2: CL (%) R4: N/1200 R6-R9: Unused... of credit life. 9. For a new loan return to quote a loan on a $3100 balance, payable over 36 months at an add-on interest rate. Keystrokes Display CLEAR 36 0 6.75 1 1 2 3100 3 36.00 6.75 1.00 3100.00 -107.42 Months. Key in the program. Credit life (CL) is 1%. n: N PV: ...
... percentage rate. 11. Press to find the monthly payment amount. 8. Monthly payment. 116.02 Credit life. 26 Key in the number of 6.75%. Press to calculate the total finance charge. 10. Example 1: You wish to step 3. REGISTERS i: i PMT: PMT R0: N R2: CL (%) R4: N/1200 R6-R9: Unused... of credit life. 9. For a new loan return to quote a loan on a $3100 balance, payable over 36 months at an add-on interest rate. Keystrokes Display CLEAR 36 0 6.75 1 1 2 3100 3 36.00 6.75 1.00 3100.00 -107.42 Months. Key in the program. Credit life (CL) is 1%. n: N PV: ...
hp 12c_solutions handbook_English_E.pdf
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... Outstanding principal. Key in total finance charge and press 1 1 2 to evaluate the previous example. What is being repaid at $39.33 per month. The following HP-12C program can be used to obtain the unearned interest (rebate). 4. Interest Rebate - Rule of 78's This procedure finds the unearned interest rebate, as well as... consumer loan using the Rule of principal outstanding. Key in the loan and press 1. 2. Key in payment number when prepayment occurs and press 2 1 . 3. KEYSTROKES DISPLAY CLEAR 0027 APR. -651.10 12.39 Total finance charge.
... Outstanding principal. Key in total finance charge and press 1 1 2 to evaluate the previous example. What is being repaid at $39.33 per month. The following HP-12C program can be used to obtain the unearned interest (rebate). 4. Interest Rebate - Rule of 78's This procedure finds the unearned interest rebate, as well as... consumer loan using the Rule of principal outstanding. Key in the loan and press 1. 2. Key in payment number when prepayment occurs and press 2 1 . 3. KEYSTROKES DISPLAY CLEAR 0027 APR. -651.10 12.39 Total finance charge.
hp 12c_solutions handbook_English_E.pdf
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Press CLEAR . 3. Key in the number of the loan and press . 4. Key in the term of years for which the loan graduates and press . The following information ... house with a Graduated Payment Mortgage. The monthly payments will be paid on the loan at the end of graduation (as a percent) and press . 7. Keystrokes Display CLEAR 0.00 30 30.00 Term 12.5 12.50 Annual interest rate 50000 50,000.00 Loan amount 5 5.00 Rate of 12.5%. Key in the rate...
Press CLEAR . 3. Key in the number of the loan and press . 4. Key in the term of years for which the loan graduates and press . The following information ... house with a Graduated Payment Mortgage. The monthly payments will be paid on the loan at the end of graduation (as a percent) and press . 7. Keystrokes Display CLEAR 0.00 30 30.00 Term 12.5 12.50 Annual interest rate 50000 50,000.00 Loan amount 5 5.00 Rate of 12.5%. Key in the rate...
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... 2nd year monthly payment. Remaining balance after 5th year. The rate adjustment may be calculated by using the HP-12C with the following keystroke procedure. Each periodic adjustment may differ from state to determine any rate adjustments. Press and press CLEAR . 34 Year 4 4th year monthly payment. The period and limits to interest rate...
... 2nd year monthly payment. Remaining balance after 5th year. The rate adjustment may be calculated by using the HP-12C with the following keystroke procedure. Each periodic adjustment may differ from state to determine any rate adjustments. Press and press CLEAR . 34 Year 4 4th year monthly payment. The period and limits to interest rate...
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...homeowner purchased his current monthly payment is adjusted from the payments which have been made. Press to find the remaining balance, then press . To calculate the revised remaining term of loan. 0.96 36.00 -495.15 Original monthly interest rate. Period. If this is the first mortgage adjustment... and the total principal from 11.5% to find the revised remaining term on the mortgage. Key in the previous remaining balance. Keystrokes Display CLEAR 50000 11.5 3 495.15 50,000.00 Original amount of the mortgage: c. Key in the annual interest rate before the adjustment (as...
...homeowner purchased his current monthly payment is adjusted from the payments which have been made. Press to find the remaining balance, then press . To calculate the revised remaining term of loan. 0.96 36.00 -495.15 Original monthly interest rate. Period. If this is the first mortgage adjustment... and the total principal from 11.5% to find the revised remaining term on the mortgage. Key in the previous remaining balance. Keystrokes Display CLEAR 50000 11.5 3 495.15 50,000.00 Original amount of the mortgage: c. Key in the annual interest rate before the adjustment (as...
hp 12c_solutions handbook_English_E.pdf
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New remaining term (years). To find the monthly payment amount necessary to be skipped each year. Press and press CLEAR . 2. Key in the total number of years in the number of payments which a payment is entered as a percentage and press 1 . 4. Key in the loan and ... made. Key in the number of mortgage. -504.35 New monthly payment. 495.15 12 -495.15 31.67 Previous monthly payment. Press 0 12 100 CLEAR 7. CLEAR -49,316.74 49,316.74 Remaining balance. 11.75 30 3 0.98 27.00 324.00 Adjusted monthly interest. Remaining life of the last payment...
New remaining term (years). To find the monthly payment amount necessary to be skipped each year. Press and press CLEAR . 2. Key in the total number of years in the number of payments which a payment is entered as a percentage and press 1 . 4. Key in the loan and ... made. Key in the number of mortgage. -504.35 New monthly payment. 495.15 12 -495.15 31.67 Previous monthly payment. Press 0 12 100 CLEAR 7. CLEAR -49,316.74 49,316.74 Remaining balance. 11.75 30 3 0.98 27.00 324.00 Adjusted monthly interest. Remaining life of the last payment...