We provide financing options for our products and services. Currently, we need to manually multiply the Total Amount by the payment factor. For example, if the total amount is $7500 and someone wants to know what their monthly payment will be for 60 months at 6.99%, the payment factor is the Total amount multiplied by 0.0198. This gives you a monthly payment of $148.50 per month.
With the ability to have options within the pricing table, the total amount can change, thus making it nearly impossible to come up with every monthly payment option for multiple finance options.
Having a field that is based on a formula for the pricing total variable, will allow an automatic calculation for presenting low monthly payment options. A huge selling and closing tool!
one way to address this is by inserting a formula based on the (Pricing Table.Total * 0.0198).
We provide financing options for our products and services. Currently, we need to manually multiply the Total Amount by the payment factor. For example, if the total amount is $7500 and someone wants to know what their monthly payment will be for 60 months at 6.99%, the payment factor is the Total amount multiplied by 0.0198. This gives you a monthly payment of $148.50 per month.
With the ability to have options within the pricing table, the total amount can change, thus making it nearly impossible to come up with every monthly payment option for multiple finance options.
Having a field that is based on a formula for the pricing total variable, will allow an automatic calculation for presenting low monthly payment options. A huge selling and closing tool!
one way to address this is by inserting a formula based on the (Pricing Table.Total * 0.0198).