Property Hive Rental Affordability Calculator

Description

Add a free, easy-to-use rental affordability calculator to your WordPress website in seconds. Help tenants understand how much rent they can afford and calculate the income required for tenants and guarantors.

The Property Hive Rental Affordability Calculator plugin makes it simple to add an interactive rent affordability calculator to any WordPress website. Perfect for letting agents, landlords and property professionals looking to help prospective tenants understand rental affordability.

Simply add a shortcode to any page or post, and visitors can instantly calculate affordable rent or the annual income required to rent a property.

Features

• Free WordPress rental affordability calculator – No subscription or ongoing fees.
• Instant affordability calculations – Help visitors understand how much rent they could afford based on their annual income.
• Tenant income requirements – Calculate the annual salary a tenant would need for a given monthly rent.
• Guarantor income requirements – Estimate the annual income required for a rental guarantor.
• Calculate in both directions – Enter a rental amount to calculate required income, or enter annual income to estimate affordable rent.
• Easy shortcode integration – Add a rental affordability calculator to any WordPress page or post in seconds.
• Simple to use – No complicated configuration or technical knowledge required.
• Works independently – Compatible with any WordPress website. Property Hive is not required.

How Does the Rental Affordability Calculator Work?

The calculator allows visitors to check rental affordability in two ways:

Calculate how much rent you can afford

Enter an annual income to estimate the monthly rent that may be affordable based on the calculator’s affordability criteria.

Calculate the income required to rent a property

Enter a rental amount to calculate the annual income a tenant or guarantor may need to meet the affordability requirements.

Results are calculated instantly making it easy for prospective tenants to understand their potential rental budget.

How to Add a Rental Affordability Calculator to WordPress

Getting started couldn’t be easier:

1. Install and activate the Property Hive Rental Affordability Calculator plugin.
2. Create or edit the WordPress page or post where you want the calculator to appear.

3. Add the following shortcode:

   [rental_affordability_calculator]

4. Save your page and you’re done! Visitors can now calculate rental affordability directly on your website.

Perfect for Letting Agent Websites

One of the most important questions prospective tenants have when searching for a rental property is whether they can afford the monthly rent.

By adding a rental affordability calculator to your letting agency website, you can help tenants understand their rental budget before arranging viewings or submitting enquiries.

The calculator can also help prospective tenants understand the income requirements for a guarantor, making the rental process clearer from the outset.

Whether you’re a letting agent, landlord or property professional, a rental affordability calculator is a useful addition to any rental property website.

Do I Need Property Hive?

No! Although developed by the creators of Property Hive, this rental affordability calculator is a completely standalone WordPress plugin.

You don’t need to have Property Hive installed or be using it to manage your properties. Simply install the plugin and start displaying a rental affordability calculator on your website.