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Financing Calculator

The Financing Calculator extension provides a simple yet powerful tool for estimating vehicle loan payments. By allowing users to input key details such as vehicle price, down payment, loan term, and interest rate, the calculator generates a rough estimate of the expected monthly payment. This feature helps potential buyers assess affordability and make informed purchasing decisions before committing to a vehicle. Designed for ease of use, the Financing Calculator enhances the shopping experience by providing financial clarity and transparency.

This documentation will guide you through the setup, configuration, and best practices to ensure seamless integration and optimal use of the extension.

Requirements

Requirement Value
DMS version 1.0.0 or newer
License Starter or higher
Page builder Elementor

There is nothing to configure globally — no settings page, no credentials. Everything is set on the element itself.

Two calculators

The extension provides two elements, answering opposite questions:

Element Visitor supplies Visitor learns
Financing Calculator A vehicle price What the payment would be
Buying Power Calculator A payment they can afford What price range that buys

Both share the same interest rate, loan years, and payment frequency inputs, and both calculate entirely in the visitor's browser — nothing is submitted, stored, or sent to your server.

Place the Financing Calculator on a VDP, where it can pick up that vehicle's price automatically. The Buying Power Calculator suits a finance or landing page, where no specific vehicle is in play yet.

Estimates, not quotes

Both calculators use a standard amortization formula with the rate the visitor types in. They don't know your lenders' actual rates, taxes, fees, or a buyer's credit profile. Present the output as an estimate — most dealers pair it with a line making that explicit.

Next steps