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How much does it cost to make a Loan Explainer Video?

Loan explainer video cost showing a financial analyst making a computation on her calculator with a laptop and money on her desk

How much does it cost to make a Loan Explainer Video? While the answer may not be universal, most people spend between $4,000 to $10,000. Explainer videos are considered commercial work and will continue to increase in cost. But $30 per minute is an absurdly low price for a video. Motion graphics designers in the United States earn between $75 and $150 per hour. Some even go higher than that.

Animation in 2D _ Loan Explainer Video Cost

While the cost of a two-minute video is significantly higher than that of a one-minute stand-alone video, the price of an animated series is surprisingly low. An animated video for education typically costs less than a stand-alone, especially if it is repeated throughout the series. You should use the same animation style throughout the series to get the best value.

First, determine your budget before you decide on the style and design of your animation video. Your budget will determine how much you pay for your video. It can range from $3,000 to $50,000. Generally, however, the price of the video is less than $5,000. A two-minute animation video will cost you more depending on many factors. However, a high-quality voiceover and fast turnaround will increase its price.

Templated graphics _ Loan Explainer Video Cost

Templates can be used to create animated videos that show how your loan works. These videos are two to three minutes in length and can be shared on the internet or via social media. Some of the templates are free, and some of them cost money. Here are some examples of what you can create with a template. Download a sample video to get an idea of the content.

Before you create an explainer video, it is important to identify your audience. If you have a parenting blog, you should aim your audience at mothers and teachers, while a fashion blog should target women in their 20s who have bachelor’s degrees. This way, you can tailor your explainer video to reach the right audience. Make sure your videos are relevant and consistent with your brand. After you are satisfied with the content, export it to YouTube or Vimeo.

Animated characters _ Loan Explainer Video Cost

There are many options when it comes to creating an animated loan explanation video. 2D animation is the most popular. This uses illustrations and typeface on a white background with narration. This style of animation can be effective but is often more costly than other options. In general, the process includes six stages: research, script development, storyboarding, design, animation, and sound design.

The price of making an animated loan explainer video depends on its length and concept. While a shorter video will be more expensive per second, you will still have to do the same amount. A longer video, on the other hand, will cost less per second since most of the concept work has been completed. The majority of the cost will be covered by production costs.

DIY

A DIY loan explanation video might be a good option if you are looking for a loan. But, making your own video might not be the best option. It can be hard to create these videos, so it is important to fully understand the risks involved before you start. This can be a daunting task for beginners. To avoid this, here are some tips to make the process as easy as possible.

First, you need to consider whether you have the skills and time to produce an informative explainer video. Although you can hire someone to create this video for you, you need to consider the price versus the quality. Also, consider the production value of the video. Although homemade explainer videos can be cheaper than professional videos, their quality is often lower. Animation is also simpler. Ultimately, a DIY loan explainer video should be kept simple and short.

Loan explainer videos cost

cost to make a loan explainer video | Austinvisuals


Best Explainer Video Company to work with | AustinVisuals

If you’re looking for a company that makes explainer videos, Austin Visuals might be just the company for you. The Austin-based video production company has been creating these videos for 14 years, and our free consultation will help you determine the best way to present your business to your potential clients. We produce eye-catching and detailed marketing videos for business ads, product videos for energy companies, and educational, manufacturing and training videos. Austin Visuals also creates legal animation and has extensive experience working with international corporations and technical industries.

Want to know how we can help?  Have questions? Have a project to discuss? Message us using the contact form below, email us at [email protected] or call us at (512) 591-8024 to meet with a member of our team today.

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