When you decide that it is time for a bathroom remodel, it is necessary to decide how much you will need to spend. Since most homeowners do not have the cash available to pay for such a project, it is necessary to search for the best financing options.
When you want to perform some home upgrades, there are a few loan options available.
- Home Equity Loans – These kinds of loans provide tax benefits that are associated with traditional mortgages and do not come with any closing costs. The entire loan is given up front and you can pay it off over a long period of time. Usually, the interest rates are fixed, so payments are easy to fit into your monthly budget.
- Home-Equity Line of Credit – Lenders provide a line of credit that comes with a ceiling. Since this loan option comes with no closing costs and you only pay interest on the amount that you borrow, it is a smart idea for a home project.
Borrow Directly Through Your Remodeling Company
Many times, a reputable remodeling company will offer special financing when you use their products and services. At Luxury Bath, we want to make sure that all your home projects are affordable. Our one-day remodels are currently being offered at payment options as low as $89 per month. For a small cost, you will be able to enjoy a new bathroom with a multitude of updated features.
For over two decades, Luxury Bath has been serving residents of Columbus, Ohio. We try our best to make all of your bathroom remodeling projects as easy and affordable as possible. Whether you want a new whirlpool tub or an updated tile backsplash, we have ideas that will make your dreams come true. For more information about the finance options available through Luxury Bath, contact us or visit our showroom today.