I still use it! But I just checked its age.
I knew it was old but didn't realize it was this old! Check the example on how to use this calculator where it says payment. Loan amount was to be $75,000. Interest rate was to be 14.5%. Term was to be 30 years. Payment? $918.41!
Then I looked at the bottom fine print and it gave the brand, Calculated Industries Inc. 1982! It is hard to believe that interest rates actually went higher than this in the 80's. I was a struggling real estate agent and was delighted to learn how to use a calculator that figured all of these things.
So what would that $75,000 house loan for 30 years be at today's rates. $75,000 at 3.25 interest would have a payment of $326.40 principal and interest. And for the $918 payment you could get a $211,000 home!!
Times do change, don't they.........