The financial calculator allows the user to calculate the EMI ( Equated monthly installment ) based on the given inputs like ‘Loan Amount’, ‘Down Payment,’ ‘Interest rate,’ and ‘Period (Month)’. Once you click on the button, it will give you the EMI. Here financial calculator is a custom widget created by the cardealer theme. You can manage the widget setting from the ( Appearance > Widgets ) section of the admin area. Go to that section, then find the widget named ‘Car Dealer – Financing Calculator.’ assign it on any particular sidebar then you will see the settings of the widget. In the front It will show on the sidebar based on the changes you made in the widget.
This widget contains the following settings.
Amount Type: Fixed value work only on the car detail page, The amount will be taken from the car and it will be not changeable.
Title: Title of the widget
Description: You can add any instruction or notice regarding the Finacial calculation.
Rate: You can set the default interest rate(%) for the calculation.
Button Text: Using this, you can change the submit button text.
Here is the sample calculation example:
Vehicle amount : 100,000
Down Payment : 10,000
Interest Rate : 3%
Year Installment : 5 year
Monthly Payment : 1,617
You can take the reference from the widget code and can create a new widget with your customized form by adding your code in the child theme.