Product Description

Calculate complete PITI payment solutions, amortization, combo loans, ARMs, rent vs. buy comparisons and much more. Ideal for new agents and professionals who dont require buyer qualifying functions.

Product Details

• Amazon Sales Rank: #4942 in Home Improvement
• Brand: Calculated Industries
• Model: 3405
• Number of items: 1
• Dimensions: 1.00" h x 3.00" w x 6.00" l, .40 pounds

Features

• Financial calculator designed for real estate and mortgage professionals
• Complete taxes and insurance for PITI payments; automatic sales price and down payment calculations; more
• Plastic back, aluminum front, soft rubbed buttons
• Includes 2 3-volt lithium batteries, pocket user guide, quick reference guide, protective slide cover
• 5-1/2 by 3 by 0-1/2 inches; display dimensions 0.86 by 2-1/2 inches; 3.2 ounces; 1-year warranty

From the Manufacturer
A financial calculator designed for real estate and mortgage professionals, the Real Estate Master quickly performs nearly every post-qualifying real estate calculation right there in front of the client to help boost sales. The device performs all calculations for PITI payment solutions, amortization scales, combination loans, adjustable rate mortgages, rent-versus-buy comparisons, and much more. Ideal for new agents and professionals who don’t require buyer-qualifying functions, the Real Estate Master IIIx puts answers to all your financing problems at your fingertips! Carry it with you on appointments with clients, and help them with instant answers that will give them the confidence to buy that home!

The Real Estate Master calculates 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. The Real Estate Master even figures mortgage insurance. And, the device performs numerous "what-if" calculations from variables like purchase price, down payment amount, and loan amount financing—informative calculations that open the door to more sales. An incredibly versatile device, the Real Estate Master lets you enter down payment figures either as dollar amounts or as percentage of price for a clearer picture of leveraging power. Plus, the Real Estate Master determines principal and interest paid for any single payment or any range of payments—including remaining balances! With the push of a button, this ingenious calculator shows buyers the total lifetime interest savings and term reduction of loans—bi-weekly— as well as monthly. One more thing and then we'll have to stop there… The Real Estate Master also calculates best- and worst-case scenarios for any adjustable rate loan. No figure too tough for the Real Estate Master, get one today and you'll become one, too.The Pocket User Guide stores conveniently inside the back of the unit in a prefitted slot, making it always with you.

Features

• Calculate a wide variety of real estate finance problems for boosting buyer confidence
• Complete taxes and insurance for true PITI payments
• Automatic sales price and down payment calculations for smarter home shopping
• Easily calculate amortization and balloon payments for a precise forecast
• Bi-weekly vs. monthly loan comparisons for clear-cut loan options
• Simplify complex ARMs including lifetime cap for accurate assessment

What's in the Box

• Protective slide cover
• Quick reference guide
• Pocket user's guide
• Long-life batteries
• Full one-year warranty

Specifications

• Size: 5.5 x 3.0 x 0.5 inches
• Product weight: 3.2 oz.
• Power: 3-volt lithium (CR-2032) battery
• Battery life: approximately 800 hours usage
• Auto shut-off: 8 to 12 minutes
• Keypad: 36 keys; soft-touch silicone rubber
• User's guide: 64 pp.; 5 x 2.5 inches
• Warranty: 1-year limited warranty
• Operating temperature: 32 to 130 degrees Farenheit
• Display type: LCD segment; 9 digits, with annunciator-legends
• Display dimensions: 0.86 by 2.5 inches
• Accuracy: 12 digit internal accuracy

Customer Reviews

Great tool for a rookie Agent.
At the suggestion of an experienced Agent, I ordered this calculator and am very happy I did. It performs all the basic functions I need to quickly figure out down payments, monthly payments (including taxes & insurance if I want), different interest rates, etc. The key pads are large enough that I don't accidently hit the wrong keys - which I really like. My previous calculator was credit card size & too small for my fingers. I still keep the "cheat sheet" it comes with in my portfolio, just in case... but this has been a quick learning curve & would be a valuable tool for anyone in the Real Estate, or the mortgage/lending business. As usual, Amazon's price was quite a bit less than the local stores - an added bonus!

Less is More
You can buy a more expensive real estate calculator with more functions. But the question is why? Not only is the 3405 loaded with all of the functionality many users will ever use or need, it is also very easy to use!

A Must for Real Estate Agents
To all real estate agents: No more fumbling through books and skimming charts. Simply enter the information you have to find the information you need. Easy to use....and intuitive.