<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=652753488206483&amp;ev=PageView&amp;noscript=1">
Windows on Washington logo
  • 703.378.1190
  • Professionals
  • Contact Us
  • Windows

    Windows

    Learn about windows either by looking at styles of windows or our preffered brand, Okna.

    Explore Windows

    • Okna Windows
      • Starmark Evo
      • Enviro-Star
      • Insul-Tec
    • By Style
      • Single & Double-Hung Windows
      • Casement & Awning Windows
      • Sliding Windows
      • Bay & Bow Windows
      • Picture Windows
    Schedule Your Consultation Today!

    Schedule Your Consultation Today!

    See how easy remodeling your home can be!

    Schedule Here
  • All Products

    All Products

    Windows on Washington offers only premium, trusted brands to our clients.

    Explore Products

    • Exterior Doors
    • Siding
    • Insulation
    • Roofing
    • Gutters
    Schedule Your Consultation Today!

    Schedule Your Consultation Today!

    See how easy remodeling your home can be!

    Schedule Here
  • Customer Experience

    Customer Experience

    Our client's satisfaction is always our number one goal

    Learn More

    • Reviews
    • Pricing
    • Financing
    • Installation Day
    • Request Service
    Schedule Your Consultation Today!

    Schedule Your Consultation Today!

    See how easy remodeling your home can be!

    Schedule Here
  • Education Center

    Education Center

    Want to learn more about your home improvement project? WoW is your exterior home improvement expert!

    Explore Resources

    • Blog
    • Glossary
    • Guides
    • Videos
    Schedule Your Consultation Today!

    Schedule Your Consultation Today!

    See how easy remodeling your home can be!

    Schedule Here
  • About

    About

    Windows on Washington - your exterior home improvement experts for over 20 years!

    Learn More

    • Team
    • Awards & Associations
    • Employment
    • Warranty
    • Contact Us
    Schedule Your Consultation Today!

    Schedule Your Consultation Today!

    See how easy remodeling your home can be!

    Schedule Here
Schedule a Consultation
Call Us
Schedule a Consultation
  • Windows
    • Okna Windows
      • Starmark Evo
      • Enviro-Star
      • Insul-Tec
    • By Style
      • Single & Double-Hung Windows
      • Casement & Awning Windows
      • Sliding Windows
      • Bay & Bow Windows
      • Picture Windows
  • All Products
    • Exterior Doors
    • Siding
    • Insulation
    • Roofing
    • Gutters
  • Customer Experience
    • Reviews
    • Pricing
    • Financing
    • Installation Day
    • Request Service
  • Education Center
    • Blog
    • Glossary
    • Guides
    • Videos
  • About
    • Team
    • Awards & Associations
    • Employment
    • Warranty
    • Contact Us
Schedule a Consultation
  • 703.378.1190
  • Professionals
  • Contact Us
background image
2 min read

6 Ways to Finance Your Next Home Improvement Project

Written by: Eric Novotny
  • Share
  • Share
  • Tweet
  • Copy
Financing  Home Improvement

Financing  Home Improvement

Most (if not all) homeowners have a dream home. And, while it is not always possible to find your dream home as is, it is possible to build. From beautiful replacement windows to fresh siding or a sturdy new roof, there are endless home improvement projects that can help turn your house into your dream home. However, it cannot be denied that home improvement projects often take a sizable chunk out of your budget. The good news is, not all home improvement projects simply make your house look better – they can often yield long-term energy and cost-saving benefits. However, the initial outlay is often quite substantial, so how do you fit home improvement projects around your lifestyle and budget? Luckily, we know a thing or two about financing home improvement projects, so read on to find out the six ways you can finance yours!

1. When Possible, Pay with Cash 

If your home improvement project is small enough, it is often a good idea to wait a few months to save up the cash to finance it yourself. When deciding whether or not you should pay outright or finance the project, ask yourself this one simple question: “How urgent is the project?” For example, if you wanted new kitchen cabinets because the ones you currently have do not suit your style anymore, you could always wait a few more months to save up the funds to buy it yourself. However, if you need to repair or replace a leaky roof, it is best you do it sooner rather than later so additional damage (and the associated cost) is mitigated. Every situation is different, and some homeowners find a good balance between funding their home improvement projects with cash and borrowing money.

2. Use Store Credit Cards

Popular stores like Home Depot and Lowe’s offer certain credit cards with different terms that can be useful to finance home improvement projects. Some cards offer no interest for a certain period of time, while others offer excellent introductory offers. However, most of these credit cards restrict you to purchases at one store, which can be a hassle. Using store credit cards is ideal for smaller projects and situations where you are confident you can pay your balance on time, otherwise you will be left paying hefty interest rates. You can also use store credit cards along with your own cash to fund larger home improvement projects.

3. Opt for Low Interest Credit Cards

If your credit score is healthy, you might qualify for a 0% (or close to 0) interest credit card. Plenty of financial institutions offer these types of cards, with the approval process often not taking too long. Low interest credit cards should be used for smaller projects, and it is important you make sure you can pay back the balance within the low-interest timeframe, which is usually 12 to 18 months.

4. Use a Home Equity Line of Credit

HELOC, or home equity line of credit, is similar to a credit card. The difference is you have to secure the credit with your home, and failing to pay on time could put your home at risk. HELOC is beneficial as it does not require as much paperwork as a second mortgage, and you may also get a tax deduction on the interest you pay. Home equity line of credit is a good option of projects in stages, so you only pay interest for what you use.

5. Use a Title Loan

Title loans are a government initiative that are ideal for people who have little or no equity in their homes. Title loans often cannot exceed a certain amount for residences occupied by a single family and usually, remodelling projects need to fit within certain criteria. However, when it comes to not paying high interest rates, it is one of the better options out there.

6. Take Advantage of WoW’s Interest Free Financing 

At Windows on Washington, we offer homeowners flexible financing options. Whether you need help with replacing windows, doors, installing new siding or a replacement roof, WoW can help with our award-wining service and financing options, click here to learn more.

 Windows on Washington Aug 2016 Offer

 

Topics Discussed

  • Spring
  • Finance
The Benefits of Financing Your Home Improvement Project 
Home Improvement The Benefits of Financing Your Home Improvement Project  Read More
Cash or Credit? How to Finance Your Project the Smart Way
Finance Cash or Credit? How to Finance Your Project the Smart Way Read More
Learn The Top 4 Benefits of Exterior Home Improvement Projects
Learn The Top 4 Benefits of Exterior Home Improvement Projects Read More

Comments

background image

You Are 3 Easy Steps Away from Project Success!

  • Schedule a No-Pressure Consultation

    One of our experts will discuss your project either in your home or virtually

  • Discuss Your Project

    Our expert will learn about your needs, ask some questions, and suggest the best products and service for your specific project and budget, empowering you to make informed decisions

  • Choose WoW and Relax!

    When you choose to partner with us, you can rest assured we will take care of every detail and keep you informed every step of the way

Schedule a Consultation

Untitled (860 × 860 px) (720 × 510 px) (500 × 500 px) (300 × 300 px) (400 × 400 px) (700 × 700 px) (480 x 550 px)

Subscribe via Email

Subscribe to our blog to get insights sent directly to your inbox.

Windows on Washington logo

23465 Rock Haven Way
Suite 120
Dulles, VA 20166

Office:
703.378.1190

Fax:
703.378.1192

  • Products
    • Windows
    • Exterior Doors
    • Siding
    • Insulation
    • Roofing
    • Gutters
  • Client Experience
    • Reviews
    • Pricing
    • Financing
    • Installation Day
    • Service Request
  • Education Center
    • Blog
    • Glossary
    • Guides
    • Videos
  • About
    • Team
    • Awards & Associations
    • Employment
    • Warranty
    • Areas We Serve
    • Contact Us
Follow Us On Social
  • YouTube
  • Instagram
  • Twitter
  • Facebook
  • LinkedIn
©2025 Windows on Washington. All rights reserved.
  • About
  • Reviews
  • Resources
  • FAQ
  • Blog
  • Contact