Breaking your customer’s project cost into monthly payments can help you meet your customer’s budget needs. Luckily, showing your customer how affordable their project could be is easy with the help of our free payment estimator.
If you aren’t already a Foundation Finance dealer, joining is free and takes just a few minutes. Once approved, you can also take advantage of our other time-saving tools, such as Driver’s License scanning, financing application links and customer prequalification.
How to Use the Payment Estimator
Using the payment estimator is easy. Simply fill in a few details about your customer’s project and select the calculate button. This will show you what your customer’s payment could look like.*
- Project amount – This may be the entire project cost or just the portion that they won’t be covering with savings or other payment methods.
- Program type – You can estimate your customer’s monthly payment with our standard program or pick from our wide range of special promotions.
- Interest rate – We offer free interest rates ranging from 11.9% to 17.99%, depending on your customer’s credit history, but you can reduce your customer’s rate even lower for a discount. Consult your rate sheet for more info about interest rate pricing.**
- Project term – Choosing the term determines how many monthly payments your customer’s project cost will be broken into. We offer terms ranging from 12 to 120 months for projects under $7,500 and terms from 12 to 240 months for larger projects.**
- Calculate – Once you input the above details, select the calculate button to generate your estimated monthly payment!
Next Steps
If you haven’t already, prequalify your customer to determine which credit approval tier they fall into. This will affect which free interest rates and additional benefits they may qualify for. Once your customer is ready to move forward with their project, submit their signed financing documents via LaunchPAD.
*This feature provides non-binding estimates only. Actual monthly payments are based on the final contract terms and conditions. Please check your program terms and promotions sheet for information on allowable APRs, terms and other state restrictions that may affect these non-binding estimates.
**All credit products are subject to credit approval. Rates, terms, conditions, and promotional programs may vary by dealer and are subject to change without notice.
Interested in other ways Foundation Finance can help you close your next sale?
Contact us for more info: 1-855-241-0024 or [email protected].
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Enroll in the Foundation Finance dealer network today.
