What is a loan calculator plugin? It is a plugin that simplifies monthly loan payments and creates a detailed disbursement schedule consisting of charts and schedules. At the same time, it also provides information about the exact dates on which payments need to be made.
Not only that, if your website has international visitors, they can select the currency of their choice along with the convention date. Moreover, they can choose the loan tenure, and the loan calculator will determine the payments, depending on the interest rate.
A loan calculator WP plugin is an excellent tool, but you need to bear in mind that it has to be mobile-friendly too. Mobile devices have 57% of the world market share compared to desktop computers. On top of that, you also require a loan calculator plugin that allows you to experiment with the colors, styles, etc., to suit your brand image.
Does your business provide services in the sectors below?
- Real estate
- Financial loans
- Debt reduction
- Student loans
- Car loans
If yes, your business could benefit from a loan calculator plugin, and this can help in boosting user engagement and retain customers. Your website will attract more visitors in the long run, resulting in a larger customer base and more revenue.
Here is an example of a loan calculator plugin that caters to bank loans, real estate companies, car loan companies, finance websites, and any business that offers loans. However, some organizations may require bespoke loan calculator plugins.
This blog will shed light on adding a loan calculator plugin to your WordPress website. Without further ado, let’s get started.
Step-by-Step-Guide: How to install the Loan Calculator WP plugin on your WordPress site?
Download this plugin https://wordpress.org/plugins/loan-calculator-wp/ and install it on your WordPress website,
After Installation, Activate the plugin by clicking on Activate button.
Logging into your WordPress admin panel. Click on “Plugins” in your WordPress dashboard. After that click on “Add New” option.
In the “Search Plugins” box, enter “Loan Calculator WP”.
Now Click on Install.
After installed the Plugin, Click on “Activate”.
After activation of the plugin, Find the loan Calculator in the sidebar of the admin panel. In the “General Setting” tab, you can customize the many options which include:
- Heading Title
- About this Calculator Label
- About this Calculator Popup Content
- Print Option
Now Click on the Next option, which is “Display Settings” you can customize the calculator look, background color, and border color.
Click on “Default Value Settings”. Now you can change the loan amount and terms. You can set min and max value. In this section, you can also enable or disable the option to display application fees, monthly fees, and total fees below the calculator result.
“Tab Field” is for the advanced option to enable or disable the loan repayment chart, loan amortization tab, and video tab.
In the “Contact us/ Disclaimer” tab you can change or edit fields like
- Contact Info Label
- Contact Form
- Calculator Disclaimer
The last option is “Misc settings”. Using this you can delete data after uninstalling the plugin and disable font awesome CSS.
Does your business deal in loans or financial services of any kind? Offering a loan calculator plugin is crucial if the answer is a resounding yes. It is beneficial for you and your clients/customers. On the one hand, it will help people manage their finances and get better deals, while on the other hand, the loan calculator plugin will enhance your brand value.
In 2022, the financial sector will be very competitive. You may have everything going for you, right from excellent products, plans, and customer service, but if you don’t have a loan calculator, your competitor might take the game away from you. Why give customers a chance to seek help elsewhere?
A loan/mortgage calculator plugin can be a formidable asset for your website. If you don’t have the required skills/expertise to develop a customized WordPress loan calculator app, you can always contact us. One of our key specializations lies in providing effective WordPress Plugin Development Services. Call us today to schedule a consultation.
FREQUENTLY ASKED QUESTIONS
1. Who is this Loan Calculator plugin good for?
Any business that involves a loan can use this plugin. Businesses such as Real estate, Mortgage, Financial loans, Debt reduction, Student loans, Car loans, Home loan providers, and others can get the benefits of this plugin. In case, you want more information about customized loan calculator plug-in development, you can connect with our experts to find the best solutions.
2. How to install the loan calculator plugin?
Even though the installation of the plugin is just like any other plugin installation, you can find the complete guide in the document section of the plugin. However, if you are installing the Loan Calculator for WordPress developed by World Web Technology, you need to follow the above simple steps.
3. How much does it cost to install loan calculator plugins?
Whether they provide free to install or charge for installation depends on the vendor partner. You can connect with the development partner or explore the description section for more information.