Replacement Window Companies With Payment Plans in Dallas, TX
Being on a budget shouldn’t stop you from replacing your home’s windows. If you need replacement window financing, here’s how you can find the best company for you in Dallas. Our team of professionals can help you connect with local home replacement window companies that offer great financing options.
Depending on the type(s) you have, your home’s windows can last anywhere from 30 to over 50 years. But no matter how well you take care of them, there will come a time when you need to replace your windows.
For many, this might be an expensive job that they just can’t afford. But when you need new windows, it’s urgent. If you don’t replace them quickly, it might cause further damage to your home.
So what can you do if you can’t afford to pay for new windows outright? One thing you can consider is window replacement financing.
Do Dallas, TX Home Improvement Companies Offer Financing for Replacement Windows?
The answer to this question is a resounding “yes!” When home improvement companies in Dallas offer financing, it’s a win-win situation for everyone involved.
If you had no way to pay for new windows, then this means you have no choice but to put off replacing them. This means the company won’t get business from you.
Also, getting financing elsewhere can be a lengthy and difficult process. You might go through it all, just to find that it’s not worth the hassle or worse yet, lenders won’t approve you for things like loans and lines of credit.
In the end, you won’t be able to give the home improvement company your business still.
So when you’re searching for local companies, expect to see that most of them have payment plans available. Typical terms include:
- No application fees
- $0 down payment
- 0% interest for 6 or 12 months
- Deferred interest
- 0 payments for 6 or 12 months
- Fixed monthly payments
- No penalty fees for early pay-offs
Once the introductory 0% APR period is over, most businesses will charge about 10% in interest.
6 Replacement Window Companies in Dallas That Offer Financing Plans
Here is a list of six companies in Dallas that offer financing and low payment plans for home replacement windows. You can contact them directly, or request to compare quotes and we’ll have local home pros contact you with details.
5353 Alpha Rd, Suite 210A
Dallas, TX 75240
How Much Is the Interest Rate for Replacement Window Loans in Dallas?
In the event that you don’t find a company that offers to finance, you won’t have to give up just yet. There are some loans you can take out to fund your new windows.
Here are your main options:
- Personal loan
- Home equity loan
- Home equity line of credit (HELOC)
Most people also have credit cards, which can be a last resort if you can’t qualify for any of the things above.
It can be easy to find credit cards to sign up for, even if you have bad credit. However, they’re usually tied to very high-interest rates of around 10% to 20%.
Worse yet is if you miss a payment, there are a few consequences. You’ll usually have to pay a late fee that costs about $40. Plus, your penalty APR can skyrocket to over 30%.
As you can see, the wise choice would be to explore the 3 options above. Let’s take a closer look at each below.
A personal loan can be taken out and used for any purpose, such as window replacement services. People usually borrow from their bank or credit union.
In the state of Texas, expect interest rates to top out at 18%. While that’s the high end of things, minimum interest rates start around 5%.
The better your credit score is, the lower your APR will be. You’ll also be able to borrow a higher amount.
Home Equity Loan
Homeowners can use the money they’ve paid on their mortgage and turn it into a loan. What you’ve paid is called “equity” and lenders will allow you to borrow up to 80% of the equity you’ve built.
Home equity loans offer some of the lowest interest rates around. Those with excellent credit scores can qualify for ones that have 2.6% APR. Otherwise, expect your loan to be attached to an interest rate of around 5%.
A HELOC is almost the same thing as a home equity loan. However, you don’t get a lump sum as you do with that. Instead, you open a line of credit based on your equity.
Like with a home equity loan, what you can take out will be 80% of your equity. But when you take out credit and repay it, you can keep taking it out, so long as you make your payments on time.
You can find HELOC interest rates as low as 3.74%. Again, the exact rate will depend on how good your credit score is.
Points to Consider When Financing Home Windows
As you can tell, in addition to payment plans straight from a window replacement company, you have several ways to finance your home windows. But which one is the right one for you?
Here are some points to consider:
- Do you have a decent amount of money saved up?
- Do you have a good credit score?
- Do you have a steady stream of income?
- Are you confident you make repayments on time?
If you answered “no” to the first question, then the home equity options can be ideal for you, so long as you’ve already made a good chunk of mortgage payments.
If you answered “no” to any of the other questions, then most (if not all) of the replacement loan choices aren’t good for you. You’ll probably be better off taking advantage of a window company’s own financing options.
Find a Company With the Right Window Replacement Financing Plan for You
As you can see, finding window replacement financing in Dallas, TX is pretty simple, seeing as the majority of businesses offer it.
So if you were afraid that you couldn’t afford new windows, payment plans can be just what you need. With the right financing, you’ll be able to replace your home’s windows without draining your bank account.
Now all you have to do is search for reliable companies through 5Estimates.com. We only list local window companies that have a tried-and-tested reputation.
For window replacement in Dallas, find the top-rated companies near you now. Get up to 5 free quotes!