WPForms recognizes that simplicity can be the key to user engagement in the finance world. The Mortgage Calculator Form Template embodies this idea, presenting complex mortgage calculations in an easily digestible format.
How Does the Mortgage Calculator Form Template Work?
The Mortgage Calculator Form Template requires the WPForms Pro license since it uses the Calculations Addon, which uses various formulas to auto-calculate different aspects of the mortgage plan. Fields include:
- Home Value: Users can quickly input the estimated value of the home they’re interested in. This forms the basis for further calculations.
- Down Payment: A dedicated field for users to enter the amount they plan to put down. It’s essential for calculating the loan amount.
- Interest Rate: The Number Slider makes it effortless for users to select the desired interest rate, ensuring accuracy and user-friendliness.
- Mortgage Period: With another intuitive Number Slider, users can define the number of years they wish to repay their mortgage.
- Monthly Payment Amount: No manual calculations required here. This field automatically determines what users would pay monthly, offering instant clarity.
- Annual Payment Amount: Another auto-calculated field, providing users with a yearly payment overview. Perfect for those who prefer annual financial planning.
- Total Interest Paid: A transparent insight into the interest costs over the loan’s lifespan. Essential for informed decision-making.
- Total Mortgage Payment: This field gives users a clear picture of their overall payment commitment, including both the principal and the interest.
How to Add a Custom Mortgage Calculator to Your Website
WPForms is the best WordPress plugin for creating online calculators, including realtime mortgage calculators. You can get started in just a few simple steps:
- Install the Calculations addon
- Select the Mortgage Calculator Form template
- Customize your mortgage calculator
- Configure your form’s settings
- Add your mortgage calculator to your website
Make sure to check out our documentation for steps on how to install the WPForms Calculations addon.
Once the Calculations addon is activated, you can load the Mortgage Calculator Form template in the WPForms drag-and-drop form builder. Here you can easily customize this online calculator to meet your needs.
For example, if you would like to collect additional information about users, such as their name or the name of the realtor, you can add a Name field and make it required to submit the form.
The great thing about using the Mortgage Calculator Form template is that the hard work of creating the formula to calculate mortgage payments has been done for you. However, if you want to make changes to the equation, just click on any field that displays a calculation and open the Advanced tab in the Field Options panel to view and edit the formula.
When you’re done with your customizations, don’t forget to stop by the Settings tab. This is where you can create email notifications and confirmation messages.
Your mortgage calculator email notification is especially important if you want to keep users engaged after they calculate their mortgage payments. You can send their results to them in the notification and share other information they may be interested in to bring them back to your site.
Finally, use the WPForms block to add your mortgage calculator to your WordPress site. It’s as easy as selecting your form from a dropdown, and you can display it on any post, page, or widget area!
Sign up with WPForms today to access the Mortgage Calculator Form Template and offer your audience a tool that’s not only functional but also incredibly user-friendly. It’s not just about number crunching; it’s about making financial literacy more accessible.
