Mortgage calculator is suitable for
Our Mortgage calculator is exclusively designed for everyone with an interest in finance and real estate, but it's a perfect match if you're a: Real estate professional, mortgage broker, realtor, any kind of lender or even a personal banking representative.
If you are working with finance and real estate, most likely you're dealing with mortgage loans daily and replying to endless mortgage inquiries of your customers. Then you must have noticed, how complex for your customers it could be and how many options and subtleties this topic covers. So you can either:
a) keep on answering tons of inquiries every day from your potential clients;
b) consult them via chat or phone;
c) arrange a seminar or a private meeting and explain to them their options.
OR you can save a lot of time and resources and USE our Mortgage calculator on your website, so your customers could find the information they’re looking for by themselves!
Typical inputs in a mortgage calculator widget
- Loan amount: that a client is planning to borrow.
- Downpayment: the amount your customer wants to bring in at the start.
- Annual Interest rate: can be set to automatically show the prospect your current offer or dynamic, letting the customer see different payment variations with different interest rates.
- Loan term: in other words loan's lifetime. The number of years the client is taking the loan for.
- Payment frequency: your clients can choose the payment frequency to their preference. It can be monthly, quarterly, or annual payments.
- Property taxes
- Insurance
The final results can be presented in various ways. Some basic mortgage calculators show only the estimated monthly payment for the loan amount, some choose to present all calculations including the total costs of mortgage including interest paid and also breaking it up separately how much interest they would have to pay.
How does it work?
This Mortgage calculator is a customizable widget you can embed into your website. It is also fully customizable to meet the specifics of your business. Pretty much endless options give freedom to your imagination here.
You can personalize the mortgage calculator by adding or removing input elements and modifying the calculation formula. Would like to include mortgage insurance, hazard insurance, real estate taxes or change the repayment frequency? As we already told you above, our Mortgage calculator is fully customizable. Besides this basic version of Mortgage calculator, you can choose from alternative templates, like the mortgage calculator, which includes insurances and taxes fields or opportunity to change the repayment frequency.
Also, you can adjust design, color or text and give it identical appearance as your website. We can guarantee you - no one will ever notice it wasn't there before! It is completely compatible with all modern browsers, and totally responsive - works smoothly on any device whether it’s a smartphone, a tablet or a desktop computer.
Mortgage calculator as a personal consultant in your customer journey
Mortgage calculators can do more than just count personalized estimates. It can serve you well at the consideration stage but also there are a few more features to help you get the contact information and lead the user further down the conversion funnel.
Mortgage calculator with an appointment booking form
Adding an order form to your mortgage calculator gives you the opportunity to you not only let users count personalized mortgage conditions but also book an appointment with you straight away as the order form allows your users to choose a suitable date. Now all booking and contact information together with the calculations from the calculator will be sent to your email and you can customize a thank you message triggered by the click on the button.
You can also receive email alerts when consultations are booked and later on have hot lead contacts in your database. When creating your calculator add an order button at the end and customize the contact details you want to collect.
See mortgage calculator with order form in action calculate
Mortgage calculator mailing results to client’s email
With Calconic you can also add a mailing results function that will let customers save their calculation results by sending them to their own email. Letting you grow your subscriber list and opening up possibilities to convert.
Many users like to collect all the necessary information before actually making the purchase or a deal. Especially in such cases as that involve a long-term commitment. Visitors tend to calculate the total costs, collect all the relevant information, sometimes compare it to other providers, and then come back to make the sign the deal, so providing a good estimate and having contacts to follow up maybe just what you need to earn that sale!
See mortgage calculator with mailing results function in action calculate
What are the benefits of having Mortgage calculator on your website?
Mortgage calculator provides great benefits both to business and directly to your customers:
Benefits for your business:
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Collect potential sales leads. Because of its interactivity Mortgage calculator on your site provides you an ability to add some extra fields for your potential customers' contact information. When they're done with the calculations, you can ask them to leave their contact details, so you'd be able to provide them with more precise details of their results, updates or etc.
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Brings a customer one step closer to placing an order. If you give potential customers a tool like Mortgage calculator to calculate the price of your services, you're bringing them one step closer to placing an order or contacting you about further questions they may have while filling the calculator’s fields or after they’re done.
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Automate your work. Mortgage calculator elevates your work efficiency to the next level. The moment you embed the calculator to your website, you will be one step further of your competitors - let your customers find out the best mortgage option by themselves. Get qualitative sales leads and prioritize your time by working in the most efficient way!
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Integrate with sales management tools. All leads can be automatically transferred straight to your CRM system would, no matter SalesForce, HubSpot or any other system you’d be using – our product is compatible with all of them. This way you can keep all prospects and inquiries in a single place.
Benefits to your customers:
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Help make the informed decision. More than often people feel uncomfortable asking about prices for services if they aren't listed. What can end up happening, in this case, is that a potential customer will just leave your page and continue along their search without providing you with any contact info. If you give potential customers a tool like Mortgage calculator to calculate the price of your services, you're not only giving them cost transparency, so they will be more willing to trust your services than your competitors', where prices are not shown.
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Easy, simple and one-step communication. The mortgage calculator requires the users to enter only a couple of numbers and they are instantly provided with the result of calculations. They do not need to send an inquiry, then wait for the response, spend time on long chats or calls to get a consultation.
Go further, get even more leads
The Mortgage calculator is just a single pick from our infinite selection of calculators, acknowledged tools in improving the quality of your customer service. Turn on your creativity, because with Calconic you can create any interactive calculator you can think of! For example, you can build a calculator to figure how much your customers can afford to spend on a house or the one, which estimates the minimum required income for a house.
Remember - calculators are lead generators, so don't think twice if you're looking forward to attracting more customers and helping them to make the best financial decision. Create your free account today!
General FAQ
What is a mortgage calculator?
A mortgage calculator online tool that allows you to calculate monthly home loan payments, using various loan terms, interest rates, and loan amounts.
Why you should add mortgage calculator to your website?
A mortgage calculator is a simple yet extremely powerful tool that helps to build trust between customer and lender. It helps your site visitors make the informed decision without leaving your website.
How does a mortgage calculator widget work?
An interactive mortgage calculator is a customizable widget that can be embedded on your website. It is fully customizable to meet the specifics of your business. You can personalize the mortgage calculator by adding or removing input elements and modifying the calculation formula.
Does a mortgage calculator suit real estate agent needs?
A Mortgage calculator is designed for everyone with an interest in finance and real estate. It's a perfect tool for a Real estate professional, mortgage broker, realtor, any kind of lender or even a personal banking representative.
