Whether you’re looking to create a new space, remodel a bathroom or your kitchen, or any other special project, it’s important to pick the right financing option.
Picking the right financing option gives you several benefits:
- Savings on your project: Different loans can have major differences in interest and fees. Picking the right option could save you thousands of dollars./li>
- Manageable monthly payments for your project: It’s important to pick a financing option that won’t blow a hole in your monthly budget.
- No one-time hit to your bank account: You may have the income to responsibly finance your home renovation, but want to avoid a large one-time hit to your bank account. Financing can help you spread out your project’s costs, but you’ll have to pay interest and fees.
What rates should I expect?
Installment loans have predictable monthly payments, and can be funded quickly. Hearth’s lending partners consider factors such as income, FICO score, credit history, outstanding debt, and the loan amount requested when determining these rates. Hearth has 3 rate plans that let you know what to expect when you request rates. You’ll likely see options with APRs in the ranges listed below, but may receive options with lower or higher APRs.