The LVR Calculator (or Loan Value Ration Calculator) is the most basic calculator on your website... and it's also one the most commonly used. The LVR calculator is one of the many Belief calculators and is linked to from the primary Calculator Archive. Installation of the LVR Calculator is a known website asset so you will occasionally find its use in articles sent to your website via the Article Module.
This FAQ will give the appropriate guidance to include the LVR Calculator on your website with shortcode or with an Elementor widget.
DTI Calculator: The LVR Calculator Elementor Widget is paired with the DTI Calculator Widget. The DTI Calculator is introduced in an article titled "How to Include the DTI Calculator on Your Website With Shortcode or Elementor Widget". We would have broken these calculators into two if it didn't cause compatibility issues with existing websites.
For our inline example we'll use the shortcode of
[bm_lvrs]. All the calculator attributes may be altered and these are shown towards the end of the FAQ. The result below is the default output.
BM_LVR: Note that the shortcode is
[bm_lvrs], and not
[bm_lvr]. This is because the alternate LVR calculator exists and will continue to be supported (the other calculator includes more user tracking features).
The green, amber, and red indication towards the top of the calculator indicate whether LMI is likely to be required. LVR results above 0.95 will indicate red - you should have the user call you for grants, guarantor options etc. There's always a solution!
An example of a LVR Calculator with a border applied is shown below:
LVR Calculator Border: Shortcode used to return the result above is as follows:
[bm_lvrs max="1200000" from="750000" from_borrow="570000" border="1px dotted #3F3F3F" background="#F4FBFA"]. Shortcode attributes are introduced shortly.
Usage is simple: use the upper slider for your purchase and borrowing amount. The result is returned at the top of the calculator.
LVR Elmendorf Widget
You will locate the LVR Calculator in Elementor by searching for 'LVR'. Drag the LVR block onto your page, define your options, and save.
Pictured: You will locate the LVR Calculator in Elementor by searching for 'LVR'. Drag the LVR block onto your page, define your options, and save.
The upper option should be selected to 'LVR Calculator' (the other option is 'DTI Calculator'). The options panel provides the facility to update virtually every calculator attribute. The fields are self-explanatory, particularly when compared against the real-time result rendered to your page.
Pictured: The upper option should be selected to 'LVR Calculator' (the other option is 'DTI Calculator'). The options panel provides the facility to update virtually every calculator attribute. The fields are self-explanatory, particularly when compared against the real-time result rendered to your page.
Edit the presentation as required.
If shortcode is used, most of the calculator attributes may be altered to a return a result identical to that returned via Elementor. Availabla attributes are as follows:
3px #000000 dashed.
margin applied above and below the container. Defaults to 20(px).
Shortcode attributes are due to change. Backward comparability will be maintained.
Try and use calculators in post content as often as possible to give the user a dynamic resource for on-page context and to keep them on their current conversion page (we want to control the funnel pathway and leave as little decision-making to the user as possible).
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