Budget Calculator for Engagement Rings

Budget Calculator for Engagement Rings calculator can be used to estimate the total cost of an engagement ring based on diamond quality, metal type, and additional features.

Input Parameters

Calculation Results

Calculation Formula

Total Cost = (Diamond Cost + Metal Cost) + Additional Features

Where:
Diamond Cost = Carat * Quality Factor
Metal Cost = Ring Size Factor * Metal Price
Quality Factor: 1 for Fair, 1.5 for Good, 2 for Very Good, 3 for Premium, 4 for Ideal
Ring Size Factor: 1 for Small, 1.2 for Medium, 1.5 for Large
Metal Price: $2000 for Platinum, $1500 for Gold, $800 for Silver

Diamond Cost:

$0.00

Metal Cost:

$0.00

Additional Features Cost:

$0.00

Total Cost:

$0.00

Budget Calculator for Engagement Rings Calculator Usage Guide

Learn how to use the Budget Calculator for Engagement Rings calculator and its working principles

How to Use the Calculator

  1. Enter the carat weight of the diamond (0.5 to 10 carats).
  2. Select the quality of the diamond (1 to 5, where 1 is Fair and 5 is Ideal).
  3. Choose the metal type for the ring (Platinum, Gold, or Silver).
  4. Select the setting type (Solitaire, Halo, or Pavilion).
  5. Enter any additional features cost (e.g., custom engraving, additional gems).
  6. Click the "Calculate" button to see the estimated costs.

Understanding the Results

The calculator provides the following estimates:

  • Diamond Cost: Based on the carat weight and diamond quality.
  • Metal Cost: Based on the chosen metal type and ring size.
  • Additional Features Cost: Any extra features you have added.
  • Total Cost: The sum of all the above costs.

Notes

For a more accurate estimate, consider consulting with a jeweler who can provide detailed quotes based on specific diamond characteristics and market prices.