Can I create a loan calculator and loan form?

  • karcabato
    Asked on August 13, 2018 at 8:31 PM

    Can jotform create a loan calculator form where the users will get an estimate of their payment if they have chosen a specific loan amount and term?

  • Jan
    Replied on August 13, 2018 at 9:35 PM

    Yes, it is possible to have a calculation function in your form. Please refer to this guide for more details: How-to-Perform-Form-Calculation-Using-a-Widget.

    You may also use conditions to calculate and pass values from one field to another. Here's a guide: How-to-Insert-Text-or-Calculation-into-a-Field-Using-Conditional-Logic.

    Hope that helps. If you have any questions, let us know. Thank you.

  • karcabato
    Replied on August 14, 2018 at 12:43 AM
    Thanks for your response but  I am still having a hard time to make a loan calculator. Can you please provide me an example on how I can multiply the loan to its monthly interest. Each month has a monthly interest of 10% so if they will choose 2 months they will get an interest of 20%. I hope you can help me. Thank you On Tuesday, August 14, 2018, 9:35:10 AM GMT+8, JotForm wrote:

    New response received A new response has been received: Answered by Jan

    Yes, it is possible to have a calculationfunction in your form. Please refer to this guide for more details: How-to-Perform-Form-Calculation-Using-a-Widget.
    You may also use conditions to calculate and pass values from one field toanother. Here's a guide: How-to-Insert-Text-or-Calculation-into-a-Field-Using-Conditional-Logic.
    Hope that helps. If you have any questions, let us know. Thank you.
    View this thread on browser » Unsubscribe Thread 1534210509
    ...
  • daisy JotForm UI Developer
    Replied on August 14, 2018 at 3:54 AM

    1) You need to replace your "Multiple Choice" fields with "Single Choice" fields in order to avoid conflicts (If you use multiple choice users can select more than one option). Please delete both of the multiple choice fields of "Amount" and "Term" fields. Then add single choice fields for them:

    Can I create a loan calculator and loan form? Image 10

    1534232708Screen Shot 2018 08 14 at 10 Screenshot 21

    2) After that you need to make conditions for the calculation operation:

    https://www.jotform.com/help/259-How-to-Perform-Form-Calculation-Using-a-Widget

    https://www.jotform.com/help/267-Form-Calculation-Math-Function-Reference

    Select "Conditions" and choose "Update/Calculate Field" and then create 3 conditions for each month:

    1534233111Screen Shot 2018 08 14 at 10 Screenshot 32

    1534233138Screen Shot 2018 08 14 at 10 Screenshot 43

    1534233153Screen Shot 2018 08 14 at 10 Screenshot 54

    1534233168Screen Shot 2018 08 14 at 10 Screenshot 65

    That's it your form is ready:

    Can I create a loan calculator and loan form? Image 76

    Feel free to ask more questions if you need further assistance.


  • karcabato
    Replied on August 15, 2018 at 8:43 AM
    Thank you so much for the demonstration. Jotform really has an amazing support. I just have one more question. How can I make a form that looks just like this? A form where the user will select the "personal Information" and when the user clicks the form he will be directed to the form of the personal information which he needs to filled up. Thank you.


    On Tue, Aug 14, 2018 at 3:54 PM, JotForm wrote:
    New response received A new response has been received: Answered by daisy

    1) You need to replace your "Multiple Choice"fields with "Single Choice" fields in order to avoid conflicts (If you usemultiple choice users can select more than one option). Please delete both ofthe multiple choice fields of "Amount" and "Term" fields. Then add singlechoice fields for them:
    2) After that you need to make conditions for the calculation operation:
    https://www.jotform.com/help/259-How-to-Perform-Form-Calculation-Using-a-Widget
    https://www.jotform.com/help/267-Form-Calculation-Math-Function-Reference
    Select "Conditions" and choose "Update/Calculate Field" and then create 3conditions for each month:
    That's it your form is ready:
    Feel free to ask more questions if you need further assistance.
    View this thread on browser » Unsubscribe Thread 1534233249
    ...
  • daisy JotForm UI Developer
    Replied on August 15, 2018 at 9:05 AM

    1) Please create the "First Form" and "Second Form":

    1534337848Screen Shot 2018 08 15 at 15 Screenshot 10

    1534337875Screen Shot 2018 08 15 at 15 Screenshot 21

    2) Copy the second form's link:

    1534337924Screen Shot 2018 08 15 at 15 Screenshot 32

    3) Get back to "First Form" and open "Conditions" select "Change Thank You Page":

    1534338045Screen Shot 2018 08 15 at 15 Screenshot 43

    4) And paste the "Second Form" s URL into condition and press "Save" button:1534338113Screen Shot 2018 08 15 at 15 Screenshot 54

    Can I create a loan calculator and loan form? Image 65 


    Feel free to ask more questions if you need to further assistance.