Financing a pool
We do not lend money. We explain the common options, show example payments, and introduce you to independent lenders if you ask.
Estimate a monthly payment
Move the numbers to see what a loan could look like. This is simple loan math, not an offer of credit. A lender sets your real rate and terms.
Estimated monthly payment
$788
- Amount borrowed
- $80,000
- Number of payments
- 180
- Total interest
- $61,802
- Total of payments
- $141,802
Illustration only. It leaves out fees, taxes and insurance, and assumes a fixed rate. Sunpath does not lend money or arrange credit.
How families usually pay
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Pool loan
An unsecured loan from an independent lender, often 10 to 20 years. Your home is not the collateral. Rates depend on your credit.
Good for: Owners who want a fixed payment without touching home equity
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Home equity loan or line (HELOC)
Borrow against your home's equity, usually at a lower rate than an unsecured loan. Your home secures the loan, so read the terms carefully.
Good for: Owners with equity who want the lowest rate
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Cash or savings
No interest and no application. Our stage-based payment schedule means you pay as the work is done, not up front.
Good for: Owners who have saved for the project
Pay as the work is done
However you finance it, our payments follow the build. You never pay for a stage that has not happened.
- 1 At signing 10%
- 2 After excavation 30%
- 3 After the shell is in 30%
- 4 After tile, coping and deck 20%
- 5 At completion and start-up 10%
Example schedule for a gunite pool. Fiberglass and remodel schedules have fewer stages.
Questions to ask any lender
Compare at least two offers. These questions make them easier to compare.
- Is the rate fixed or variable, and what is the APR?
- Is there a fee to apply, an origination fee or a prepayment penalty?
- Does the loan pay us in stages, or you in one lump sum?
- Is my home used as collateral?
- How long does approval take, and how long is it good for?
Know your number before you talk to a lender.
Your written proposal gives a lender exactly what they need. Book a free design consult to start.
Sunpath Pool Studio
Prefer to talk? (512) 555-0143