The Calculated Industries Qualifier Plus IIIx is a comprehensive real estate and mortgage calculator. It allows you to pre-qualify buyers for conventional, FHA (Federal Housing Administration), and VA (Veterans Affairs) loans. Use it to calculate P&I (principal and interest), PITI (principal, interest, tax, and insurance), and interest-only loans. Forecast balloon payments, amortization, and term length as well as standard math and date-math. This real estate calculator processes complex loan information and is an excellent tool for realtors, brokers, lenders, office managers, investors, and anyone needing accurate calculations regarding real estate and mortgage loans.
The Qualifier Plus IIIx real estate calculator enables you to confirm a client’s qualification for a loan by entering the annual combined income, long term combined debt, term length, and interest percentage to display the maximum loan amount. For real-world results, factor in the tax and insurance information. Enter these as a number or percent.
Calculate Interest and APR
The Qualifier Plus IIIx calculator makes it easy to calculate interest and APR. To accurately determine the interest for a loan, simply enter the loan amount, term, and payment. Solve for P&I by entering the loan amount, term length, interest percentage Then add applicable points and fees to calculate the APR.
Solve for Loan Amounts
Run fast calculations on the Qualifier Plus IIIx to determine loan amounts. Just enter the price and down payment as a percentage or dollar amount. The results will display the principal and interest for the loan. Solve for the property’s LTV (loan to value ratio) by entering the sales price and down payment, then view the loan to value information. You can also calculator for amortization, balloon payments, future values, loan comparisons, and practically anything else involving mortgage loans.
The Calcualted Industries Qualifier Plus IIIx 3415 real estate calculator has several additional features and functions. There are user preference settings, 7 memory slots, a convenient triple zero key for fast entry of larger numbers, and a shift key to increase decimal places. It also includes a slide-on hard case, a user guide in English and Spanish, two 1.5-volt LR44 long life batteries, and a 1 year limited warranty.
The video tutorial will give you a clear step by step guide to your Qualifier Plus IIIx. Complete instructions for use can be found in the user guide, which comes in both English and Spanish.