year, press
10 [Set] [Amort]
; to
find the remaining balance after the
10th period, press
10 [Per] [Set]
[Amort]
).
3. Entered ranges are inclusive: That is, a
range of 1 to 5 includes year 1 and 5.
4. Entering a numerical value or per-
forming a math operation on the
keyboard alters the values (includ-
ing the default settings) when calcu-
lating range of payments. Always
specify a range of payments or an
individual payment first.
5. In some cases, a final, regular P&I
payment is included in the “balloon
payment.” Neither calculator includes
this. While calculating the remaining
balance; only the remaining princi-
pal balance is calculated.
6. If the first loan payment begins in a
month other than January, reset the
Month Offset value to calculate the
correct number of periods in the
amortization range. To change this
setting, press the month number,
then
[Set] [:]
. For example, if the
first payment begins in April, press
4 [Set] [:]
. If requesting amortiza-
tion values for year 1, press 1
[Amort] to display the amortization
of periods 1–9. Year 2, 2 [Amort],
displays values for periods 10–21. To
return the Month Offset to 1, press
28 — Real Estate Master
®
IIx/Qualifier Plus
®
IIx
