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Jun 28, 2021

Guide to Window Replacement Financing

Guide to Window Replacement Financing Window replacement is one of the most popular home improvement projects. New windows not only enhance curb appeal, but they can also make homes more energy efficient. The cost savings garnered by improved energy efficiency can add up and pay for the windows over time. However, when it comes to upfront costs, homeowners may be looking for ways to foot the bill. Here are some common ways of financing a window replacement project:

Home Equity Line of Credit (HELOC)

Borrow money with a variable interest rate. Just be sure you can swing the minimum monthly payments, as a default can negatively affect your credit score.

Home Equity Loan

This loan provides a sum of money that can be used for window replacement and has a low-interest rate.

Refinanced Home Mortgage

If you are able to refinance your mortgage for a lower interest rate, the savings can help finance your new windows.

Personal Loan

Homeowners who don’t have enough equity built up in their home can pursue a personal loan to pay for new windows. However, personal loans typically come with a high-interest rate.

Credit Card

Though it can be tempting to accumulate numerous points on your credit card’s rewards system, credit cards tend to have the highest interest rates, which could cost you more over time. The exception is getting a new credit card with a 0% introductory interest rate.

Financing Through a Window Replacement Company

Most replacement window companies will offer financing options to make purchasing new windows easier. This is also a convenient route as you won’t have to involve outside financial institutions in your investment.

Buying Replacement Windows Has Never Been Easier

At Dreamstyle Remodeling, we don’t want the costs of a window replacement project to deter you from making this highly beneficial update to your home. That’s why we offer a range of financing options for our customers, including no interest/no payment, low-interest, and low monthly payment options. Which is the best option for you? Contact us today and we’ll find the right financing solution for your window replacement project.

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