The good news is you have options! Worried about how you’re going to pay for your new high-efficiency furnace, heat pump or air conditioner? You don’t have to because you have options. Many home owners think their only options are to pay in cash or put it on a credit card. But there is another option.
Financing is a great option if you have a tight budget, have challenged credit, have credit limits on your credit cards, or just want an easy option to purchase a new heating or cooling system. We recommend that you buy the highest efficiency unit you can afford. High-efficiency units help you in many ways: they use less energy, save money and may provide other beneficial features that can increase your home comfort and home safety.
Get the system you want. When you choose financing, it’s easy to go ahead and get the system you want rather than settle for the system you can afford in cash. When you finance your furnace, heat pump or AC unit the difference is minimal — oftentimes just dollars a month. You may decide to finance for 60 months, 120 months or 144 months, or you may find a program that is 12 months same as cash.