HP HP12C hp 12c_user's guide_English_E_HDPMBF12E44.pdf - Page 132
Registers - user guide
UPC - 882780792104
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132 Section 12: Real Estate and Lending n: Period FV: Used R3: i(Mtg) R7: % Comm. R.1: Unused. REGISTERS i: Apprec. PV: Price R0: Period R4: Taxes/Mo R8: Rent R1: Dwn Pmt R5: Improve. R9: Savings i PMT: Used R2: Life R6: Closing C. R.0: Bracket 1. Key in the program. 2. Key in the estimated down payment then press ?1. 3. Key in the life of the mortgage then press ?2. 4. Key in the annual mortgage interest rate then press ?3. 5. Key in the estimated monthly taxes then press ?4. 6. Key in the total amount estimated for monthly repairs, improvements, incremental insurance, utility costs, and other expenses, then press ?5. 7. Key in the closing costs then press ?6. 8. Key in the selling cost as a percentage of the selling price. This should include sales commission, escrow fees, etc. then press ?7. 9. Key in the monthly rent for the alternative housing then press ?8. 10. Key in the savings or alternative investment annual interest rate as a percentage then press ?9. 11. Key in the combined State and Federal marginal tax rate* as a percentage then press ?.0. 12. Press fCLEARG then key in the number of years involved in the investment; press n. 13. Key in the estimated rate of yearly appreciation as a percentage then press ¼. 14. Key in the price of the house under consideration then press $. 15. Press t to compute the net proceeds from the sale of the house. (A negative value indicates money lost.) * The user should key in the total marginal income tax - Federal plus State - to obtain calculations which reflect the tax advantages of home ownership. Because of the complexities of tax laws and different financial and tax considerations for each individual, this program should only serve as a guide in considering an investment of this type. For more specific, detailed information, consult a tax accountant or qualified tax advisor. File name: hp 12c_user's guide_English_HDPMBF12E44 Printered Date: 2005/7/29 Page: 132 of 209 Dimension: 14.8 cm x 21 cm