Calculated Industries 3405 Real Estate Master IIIX Real Estate Finance Calculator

by Calculated Industries

Product Description

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

Product Description

Residential Real Estate Finance Calculator! Works great as a gift, or for calculations not requiring buyer qualification. Calculate complete PITI and Interest-Only payment solutions, amortization, combo loans, ARMs, rent vs. buy comparisons and much more. Let the Real Estate Master IIIx put answers to all your financing problems at your fingertips! Carry it with you on appointments with clients, and impress them with your financial know-how and instant answers. It helps you solves for: Complete PITI Payments, Including Interest Only Amortizations with Remaining Balances Combo Loans (80:10:10) and 80: 15: 5), Bi-Weekly Loans and ARMS Rent vs. Buy Comparisons and Estimated Tax Savings Dedicated Functions Various Payment Solutions P& I, PITI and Interest-Only Find Future Value Complete Taxes, Insurance and Mortgage Insurance For True PITI Payments Automatic Sales Price & Down Payment Calculations Complete Amortization, Balloon Payments Bi-Weekly vs. Monthly Loan Comparisons Simplify Complex ARMs Including Lifetime Cap Find APR "Rent vs. Buy" Solutions Built-in Date Math Function - Closing and Expiration Dates Time Saving Utilities:

Product Details

User Guide [148kb PDF]

• Product Dimensions: 6 x 3 x 1 inches ; 6.4 ounces
• Shipping Weight: 6.4 ounces (View shipping rates and policies)
• Shipping: This item is also available for shipping to select countries outside the U.S.
• ASIN: B0002S9KGA
• Item model number: 3405
• Average Customer Review: 4.9 out of 5 stars  See all reviews (29 customer reviews)
• Amazon Best Sellers Rank: #3,045 in Home Improvement (See Top 100 in Home Improvement)
  • #14 in Electronics > Office Electronics > Calculators > Financial & Business
  • #88 in Home Improvement > Power & Hand Tools > Measuring & Layout Tools

Customer Reviews

Most Helpful Customer Reviews

18 of 18 people found the following review helpful:

5.0 out of 5 stars Great tool for a rookie Agent., October 17, 2005

By 

Kris St. (Elk Grove, CA) - See all my reviews

This review is from: Calculated Industries 3405 Real Estate Master IIIX Real Estate Finance Calculator (Tools & Home Improvement)

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!

7 of 7 people found the following review helpful:

5.0 out of 5 stars Less is More, March 2, 2008

By 

L. Armstrong - See all my reviews

This review is from: Calculated Industries 3405 Real Estate Master IIIX Real Estate Finance Calculator (Tools & Home Improvement)

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!

6 of 6 people found the following review helpful:

5.0 out of 5 stars So pleased, August 10, 2010

By 

Gypsy - See all my reviews

Amazon Verified Purchase

This review is from: Calculated Industries 3405 Real Estate Master IIIX Real Estate Finance Calculator (Tools & Home Improvement)

My old Real Estate Financial Calculator finally died after about 27 years. A terrible loss. Thought to look on Amazon and found the calculator was still being made. Quickly ordered and when it arrived it was so much better than my old one. Have had it about a month now and am completely pleased. I use it for real estate calculations and also for everyday use. For me it is the best ever and the price is so reasonable.