Paying for a roof doesn’t need to be a nightmare. There are several ways to go about getting enough money to pay for a necessary fix to your home.

A good roof is certainly an asset to your home. It can protect your home for over 20 years. SELECT Certainteed shingles can be warrantied for up to 50 years.

Payment Plans

Rooftop Designs has financing options for you, ranging from extended duration low monthly payment plans to zero percent interest for up to 24 months. 

Insurance

If you have homeowners insurance, it is possible that you may have some coverage dedicated to your roof in the event of some damage. Or if you have a home warranty you may be eligible to get repairs or a new roof.

Loans/Credit

Getting a loan from a bank can be an option. Remember to read through their fine print and look at any interest charges you will put on your account. You can get a Home Equity Loan which would put your house as collateral, these range up to and around 20 years. Or there are Personal Loans, these loans are much shorter periods 2 to 5 years time generally. Personal Loan payments are much higher because of the shortened pay span.

Cash

Cash is always the easiest option. If you can pay the sum total of the project immediately it will take a load off your own mind. However this is hard to do without a good chunk of savings. No matter what it’s always good to have a good amount of disposable cash saved even in the event of financing a roof.

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