Do you provide valuable financial insights to your website visitors? Then you should consider incorporating the Debt to Income Ratio Form on your website.
This user-friendly form allows users to calculate their debt-to-income ratio, offering a personalized verdict on their financial health.
Using the Debt to Income Ratio Form Template on Your Site
This form template is formatted in a way that keeps data organized and streamlined. Users will enter their information on the first two screens, and will then see their calculated ratio and verdict.
These are the essential fields and functions you’ll find on this form template:
- Name and Email: Users first provide their name and email, allowing you to send them the calculated results, additional personalized information, or resources related to their debt-to-income ratio.
- Monthly Income: Users input their monthly income in this field, which is a critical component for calculating their debt-to-income ratio accurately.
- Monthly Debt Payment: The “Monthly Debt Payment” captures the total amount of monthly debt obligations the user has, such as loan payments or credit card bills, which is essential for calculating the debt-to-income ratio.
- DTI Percentage: This field automatically calculates and displays the debt-to-income ratio for the user based on the provided monthly income and debt payment data, providing a quick and informative snapshot of their financial situation.
- Verdict: This field provides an instant verdict or assessment of the user’s financial health, categorizing it as excellent, adequate, dangerous, or another label based on the calculated debt-to-income ratio.
Using this form on your website is a win-win situation: your users gain insight into their finances, and you benefit from increased engagement and data collection. So, don’t wait! Sign up with WPForms to create your own Debt to Income Ratio Form today.