Understanding Your Financing Options for New Windows and Doors
September 28, 2019
Good replacement windows and doors are a worthy investment. They can help increase the value of your home and, with energy-efficient upgrades, can even save you some money on your utility bills. Of course, like with most home improvement projects, balancing out the value of a replacement window versus its cost can be a little bit challenging. Homeowners might find it helpful, therefore, to fund their projects with some financing options.
Read on as our window replacement specialists at Renewal by Andersen® of Milwaukee walk you through a few financing options you have when investing in replacement window products.
In-House Financing
The biggest advantage of getting your projects funded through your windows contractor is that you’re never in the dark about how much you’ll be needing. Not knowing how much a project will cost can be problematic if you choose other methods of financing. Renewal by Andersen® of Milwaukee offers a wide range of financing options that you can take advantage of to give you a hassle-free upgrade.
Bank Loans
Home equity loans and other refinancing programs might sound like the best route to take whenever you’re doing a renovation, however, they are best saved for major projects such as adding a room or redoing a kitchen. While their interest rates are usually better, you have to balance this with the fact that you’re putting your home at risk of foreclosure by getting another mortgage should you fail to make the monthly payments.
Credit Cards
Lastly, you can also use your credit cards to finance your new windows or doors. You wouldn’t want to create another line of credit to do so, however; having too much credit on your account can harm your credit score. You should only take this option if you’re absolutely certain you will always meet your credit card responsibilities.
Get the right financing solutions you need at Renewal by Andersen of Milwaukee. We are your trusted local door and window replacement company. Give us a call at (262) 522-3034 or fill out our contact form to schedule a no-obligation in-home design consultation and get a free estimate today. We serve homeowners in Milwaukee, WI, as well as nearby areas in Wisconsin.
