Healthcare & Medical Costs / Dental & Vision
Orthodontics Payment Plan Calculator
Implementation Specifications
This calculator is planned and documented. The formulas and guidance below are ready for implementation.
Required Inputs
- Total treatment cost
- Insurance orthodontic benefit (lifetime)
- Down payment
- Interest rate (if financed)
- Payment term (months)
Formulas & Calculations
Out-of-pocket total = Total cost - Insurance benefit
Amount to finance = Out-of-pocket - Down payment
Monthly payment = Finance amount × [r(1+r)^n] / [(1+r)^n - 1]
Total paid = Down payment + (Monthly payment × Months)
Interest paid = Total paid - Out-of-pocket total
Status: Specification complete, implementation pending
To implement: Create app/components/calculators/orthodontics-payment-plan-calculator.tsx and register in app/lib/calculator-registry.ts
See Also
Other calculators in Dental & Vision