Although replacing a roof can be expensive there are ways to finance the project to make it more affordable.
Pay monthly new roof.
Break up a new roof s cost into monthly payments with lowe s.
Cash is the best option if you are able to afford it.
If you re looking at a complete roof replacement which can cost as much as 10 000 or more this may be the better option.
If you have homeowners insurance you might be able to use your policy to cover the cost of a new roof.
You can get a new roof and pay monthly for the total cost of the roof replacement.
This will help when it s time to pay the large roof bill.
Fixed predictable monthly roof repair payment plan to help you budget responsibly for your roof repair or replacement project.
This is great advice if you can do it unfortunately most american homeowners don t have that kind of savings.
In fact lifehacker recommends paying with cash by cash they mean no loans to avoid interest payments.
Whether through insurance coverage roofing company financing or roof loans you can pay for the cost of your new roof over time instead of all at once.
If you know that you will need a new roof in a few years start putting away 75 100 every month.
Here are five of the most common options.
It s not a bad idea to save and pay for a new roof out of pocket.
Replacing your current roof with factory fresh shingles has a dramatic effect on the value look and energy efficiency of your home.