Introduction

The "Calculator Block" can be used to provide additional resources to your site visitors in a way that will assist them in their home-buying process. As a block that can be added to specific sections of pages, you are able to customize where you want it to appear. 

There are two types of calculators available: (1) Mortgage Calculator and (2) Affordability Calculator. Both will be explained in this article.

Summary

• Adding the Calculator Block
• Mortgage Calculator
• Affordability Calculator

Adding the Calculator Block

To add the calculator block, go to the Page Editor in the CMS Tool and select the "+ Blocks" button.

Choose the desired calculator that you want to insert and drag it to the right section of the CMS Tool.

Mortgage Calculator

The mortgage calculator can be used for website visitors to calculate their monthly payment based on the factors like home price, down payment, interest rate, etc. There are two styles of mortgage calculators:

Style 1

This mortgage calculator style includes a lead capture form. You can click on the "Edit" icon or double-click on the calculator block that you added in order to edit the available options. These options include editing the title and description as well as setting the default calculator values that you would prefer to display (until edited) including home price, down payment (%), loan term, interest rate(%), property tax rate (%), home insurance (per year), condo/HOA fees (per month). 

In this style, you can also change the "Form Settings" including the title (displayed in the colored part to the right), the name format (full name or first and last name), and the phone number as required or optional. Also, if you want the leads to register before using the calculator, you can turn on the "Need to register before using" switch.

Style 2

This style is just the calculator portion (no lead capture) but has the same values that can be adjusted.

Affordability Calculator

The affordability calculator can be used by website visitors to calculate the number of houses they can afford. All of the fields (for which default values can be set) include annual income, down payment ($), other monthly debts, loan term, interest rate, property tax rate, home insurance (per year), condo/HOA fees (per month), and debt ratio (%).

Questions?

If you have any questions regarding this topic or any others, please reach out to our Support Team via email at <support@lofty.com>, by phone at 1 (855) 981-7557, or by a chat with us through your Lofty CRM.

Related terms: Calculator block, Mortgage calculator, affordability calculator