Help with Fancybox Opening a form to iframe

Hello, i am trying to get this code to open into an ifame fancybox.

here is the code

<div class=“entry-first”>
<a id=“example7” href=“assets/products/newland-2-b.jpg” title=“content”>
<img alt=“example6” src=“assets/products/test-150.png”></a>
<p id=“hats-01”>Bearded Beanie Hat
<div class=“price”>$20.00</div></p>
<div class=“add-to-cart”>
<form target=“paypal” action=“” method=“post” id=“signup_form”>
<input type=“hidden” name=“cmd” value=“_cart”>
<input type=“hidden” name=“business” value="">
<input type=“hidden” name=“lc” value=“US”>
<input type=“hidden” name=“item_name” value=“Bearded Beanie Hat”> <!-- ENTER ITEM NAME HERE–>
<input type=“hidden” name=“item_number” value=“01”> <!-- ENTER ITEM NUMBER HERE–>
<input type=“hidden” name=“amount” value=“20.00”> <!-- ENTER ITEM NAME HERE–>
<input type=“hidden” name=“currency_code” value=“USD”>
<input type=“hidden” name=“button_subtype” value=“products”>
<input type=“hidden” name=“no_note” value=“0”>
<input type=“hidden” name=“tax_rate” value=“7.000”>
<input type=“hidden” name=“shipping” value=“5.00”> <!-- ENTER SHIPPING COST HERE–>
<input type=“hidden” name=“add” value=“1”>
<input type=“hidden” name=“bn” value=“PP-ShopCartBF:btn_cart_SM.gif:NonHostedGuest”>
<input name=“submit” type=“image” src=“assets/images/add-to-cart.png” alt=“PayPal - The safer, easier way to pay online!” border=“0”>
<img alt=“” border=“0” src=“” width=“1” height=“1”>

any help would be much appreciated!

to be more precise i am trying to get the paypal form to open in to a fancybox iframe.