Comments on: Choosing the Best Financial Calculator http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/ Everything you need to know to Buy, Sell, or Create a Note! Wed, 16 May 2012 00:56:04 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Buying Mortgage Notes: 7 Tips on Calculating Cash Flow Notes | Note Investor http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-14125 Buying Mortgage Notes: 7 Tips on Calculating Cash Flow Notes | Note Investor Wed, 10 Aug 2011 15:13:14 +0000 http://noteinvestor.com/?p=1057#comment-14125 [...] calculator or software program.  Personally I use the HP12C but you can read this article on Choosing the Best Financial Calculator and decide for [...] [...] calculator or software program.  Personally I use the HP12C but you can read this article on Choosing the Best Financial Calculator and decide for [...]

]]> By: Buying Cash Flow Notes | Note Investor http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-7389 Buying Cash Flow Notes | Note Investor Wed, 06 Oct 2010 10:02:39 +0000 http://noteinvestor.com/?p=1057#comment-7389 [...] About 16 years ago I began playing with the “No Note, No Quote” technique. Before then I’d always quoted deals over the phone. As the seller threw me the numbers I’d input them into the calculator, spitting out offers left and right. (It’s not something I’d recommend unless you are very good on the best financial calculator). [...] [...] About 16 years ago I began playing with the “No Note, No Quote” technique. Before then I’d always quoted deals over the phone. As the seller threw me the numbers I’d input them into the calculator, spitting out offers left and right. (It’s not something I’d recommend unless you are very good on the best financial calculator). [...]

]]> By: How to Calculate Interest Only Owner Finance Payments | Note Investor http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-3145 How to Calculate Interest Only Owner Finance Payments | Note Investor Mon, 22 Mar 2010 21:48:01 +0000 http://noteinvestor.com/?p=1057#comment-3145 [...] fact it is so simple you don’t need the best financial calculator, any standard calculator will [...] [...] fact it is so simple you don’t need the best financial calculator, any standard calculator will [...]

]]> By: Jeffrey Smith http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-2043 Jeffrey Smith Mon, 26 Oct 2009 15:35:54 +0000 http://noteinvestor.com/?p=1057#comment-2043 My vote goes to the HP10B-II. It's very affordable, uses algebraic notation (even though I also like Reverse Polish Notation RPN), and comes with an excellent owner's manual that thoroughly explains all of the functions with clear examples. One of the most important features to demand on a financial calculator is the ability to show cash flowing out as negative and cash flowing in as positive. In the note business, cash can flow in either direction when calculating yields and pay-offs. An ordinary loan calculator won't understand how to calculate partial purchases, like an initial lump sum (negative) and further monthly payments to the note seller (negative) followed by a positive balloon payment (future value). The HP10B-II uses positive/negative signs to show the direction of cash flow, which is critical to valuing a structured partial purchase. Two cents worth, your mileage may vary. My vote goes to the HP10B-II. It’s very affordable, uses algebraic notation (even though I also like Reverse Polish Notation RPN), and comes with an excellent owner’s manual that thoroughly explains all of the functions with clear examples.

One of the most important features to demand on a financial calculator is the ability to show cash flowing out as negative and cash flowing in as positive. In the note business, cash can flow in either direction when calculating yields and pay-offs. An ordinary loan calculator won’t understand how to calculate partial purchases, like an initial lump sum (negative) and further monthly payments to the note seller (negative) followed by a positive balloon payment (future value). The HP10B-II uses positive/negative signs to show the direction of cash flow, which is critical to valuing a structured partial purchase.

Two cents worth, your mileage may vary.

]]> By: What’s the Best Financial Calculator? | The REAL Robert Bucci http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-2042 What’s the Best Financial Calculator? | The REAL Robert Bucci Mon, 26 Oct 2009 15:21:03 +0000 http://noteinvestor.com/?p=1057#comment-2042 [...] For the full article, go to Note Investors.com [...] [...] For the full article, go to Note Investors.com [...]

]]> By: Robert Bucci http://noteinvestor.com/note-brokers/choosing-the-best-financial-calculator/comment-page-1/#comment-2041 Robert Bucci Mon, 26 Oct 2009 14:36:15 +0000 http://noteinvestor.com/?p=1057#comment-2041 I'm a die hard HP10B-II advocate. As a Note investor/broker, I'm able to crank out quick value calculations on amortizations or balloons. With a little more study, you can work complex notes with changes in rate and payment schedules. It's a great tool, especially for the low price. I highly recommend it to anyone needing to assess the time-value of money. Robert Bucci http://RobertBucci.com http://LifestyleAndSuccess.com I’m a die hard HP10B-II advocate. As a Note investor/broker, I’m able to crank out quick value calculations on amortizations or balloons. With a little more study, you can work complex notes with changes in rate and payment schedules.

It’s a great tool, especially for the low price. I highly recommend it to anyone needing to assess the time-value of money.

Robert Bucci
http://RobertBucci.com
http://LifestyleAndSuccess.com

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