HP (Hewlett-Packard) 12C 用户手册
Section 12: Real Estate and Lending 163
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 163 of 275
Printed Date: 2005/8/1
Printed Date: 2005/8/1
Dimension: 14.8 cm x 21 cm
Calculate the remaining balance of the loan after five years.
Keystrokes
(RPN mode)
(RPN mode)
Keystrokes
(ALG mode)
(ALG mode)
Display
5gA
5gA
60.00
Number of periods to
be amortized.
be amortized.
M
M
258,377.24
Remaining balance of
the loan after five years.
the loan after five years.
:n
:n
60.00
42-n
-42n
18.00
New life of loan.
250000Þ$
¼
¼
250000Þ$
¼
¼
1.01
Percent monthly yield.
(calculated).
(calculated).
12§
§12³
12.11
Percent annual yield.
The Rent or Buy Decision
The question of whether to rent or purchase a residence is not always easy to
answer, especially when the time period over which you would own or rent a
house is short. This program performs an analysis which could be helpful in
reaching a decision. Essentially, it calculates a yield or rate of return on the
proposed investment. This yield may be compared with the yield obtained by
renting a residence and investing the down payment and monthly payment
differences in a savings account or other investment opportunity. This program
takes into account the tax advantages obtained by a home owner on property
taxes and mortgage interest.
answer, especially when the time period over which you would own or rent a
house is short. This program performs an analysis which could be helpful in
reaching a decision. Essentially, it calculates a yield or rate of return on the
proposed investment. This yield may be compared with the yield obtained by
renting a residence and investing the down payment and monthly payment
differences in a savings account or other investment opportunity. This program
takes into account the tax advantages obtained by a home owner on property
taxes and mortgage interest.
First the program computes the Net Cash Proceeds upon Resale (NCPR),* next the
yield on the investment in the house and then the value of the hypothetical savings
account at the end of the investment period. A comparison of the NCPR and the
final balance of the savings account and a comparison of the yields should aid in
determining whether to rent or buy.
yield on the investment in the house and then the value of the hypothetical savings
account at the end of the investment period. A comparison of the NCPR and the
final balance of the savings account and a comparison of the yields should aid in
determining whether to rent or buy.
*
The Net Cash Proceeds upon Resale (NCPR = sales price – commission – mortgage balance),
is the pre-tax proceeds. The program assumes that the buyer reinvests in like property and is
not subject to capital gains tax.
not subject to capital gains tax.