The Calculated Industries Pocket Real Estate Master calculator is a real estate and finance calculator that provides results quickly and accurately. There are functions for all time value calculations including loan payments, terms and interest, as well as date-math. It is an excellent tool for real estate agents, mortgage brokers, and anyone that needs quick calculations involving real estate or finances.
Calculate Monthly Principal and Interest Payments
With the Pocket Real Estate Master, it’s easy to determine the principal and interest payments by using the loan amount and percent of interest. Change any of the variables by entering the new information and pressing the appropriate key to enter a new interest amount.
Determine Interest Rate
This Calculated Industries Pocket Real Estate Master calculator provides quick interest rate when you enter the loan amount, payment amount, and term length and allows you to easily extend the decimal places displayed.
Adjusting a Loan Term
The Pocket Real Estate Master 3400 automatically adjusts the loan term to match the calculated principal amount. First, enter the original loan amount, term length, and percent of interest to view the payment. The calculator can easily adjust the loan term based on any payment amount entered.
Loan Payment Calculations
This Real Estate calculator allows simple assessment of loan amortization or your loan payment period. Start by entering the loan amount, term length, and interest percentage to obtain the payment information. Then press the “Amort” key successively to view amortization for the total life of the loan, total interest, total principal, total Principle and Interest (P&I), and remaining balance of zero.
Calculating Remaining Payments and Dates
Calculate oversized payments due at the end of a loan, such as mortgage or commercial loans. First solve for the payment amount, and then press the numeric key for the number of loan years to view the balance in the selected year. The Pocket Real Estate Master allows viewing of the periodic balance after a future loan payment. Use the Date-Math function to calculate the number days until a certain date, or add and subtracts days for calculation.
The compact Calculated Industries Pocket Real Estate Master calculator also works as a standard calculator. It has an auto shut-off feature after 8-12 minutes of non-use. This mortgage calculator comes complete with a protective case, two 1.5-volt LR43 long life batteries, and a 1 year limited warranty.
To learn more about how to use this real estate calculator, watch the online video tutorial. The user's guide lists the calculator's functions in an easy-to-find format.