Picture it: it’s August, inching closer and closer to triple digits, and your air conditioner goes out. It just dies. Gone. No more air conditioning, no more cool air blowing into your home to keep it comfortable. It’s gone.
So you call an air conditioning company to come check everything and they validate what you already knew – it’s time you purchased a new AC system. And then they tell you something you didn’t know – a new system is going to cost more than you imagined, ranging from $7,000 to $70,000, based on the type of air conditioner(s) you desire, the style of home(s) you have, and the type of energy source you’d like.
Okay, what now? Spend the season soaking in sweat and blowing fans over ice? Or use all your savings (and maybe sell a body part) to cover the cost of a new air conditioner?
But what if there was another option? Enter financing.
It’s been reported that over 65% of homeowners considering taking on a home improvement project are planning on financing their project. When you consider that the average consumer in the United States has less than $5,000 they can access, it makes total sense. So when life happens and things die, and unexpected costs such as an AC repair or replacement is mandatory, it is essential that we have affordable financing options available.
At Finch Air Conditioning & Heating we have a variety of financing options for homeowners looking to replace their heaters or air conditioners. The first set of options are included in our promotional financing programs, which include no interest or deferred interest. Promotional consumers are those that will most likely have the available cash to pay off the loan short term, typically within 12 months with no interest charges, so long as the amount financed is completely paid off during or before the promotional period ends.
Finch Air Conditioning & Heating also offers financing alternatives with a lower monthly fixed payment and a decent interest rate. This is for consumers who may not have the total value as quickly but can afford a lower cost every month. A typical program includes a 7.99% APR for either 60 or 120 months. A new, high efficiency heating and cooling system can cost an average of $10,000. Choosing the 7.99% 120 month loan product can cost as little as $121/month. This option makes a new heating and cooling system more affordable, while also obtaining an efficient system that will help decrease energy bills while providing home comfort.
The financing programs at Finch Air Conditioning & Heating are included below:
- Low monthly payments
- No down payment
- No annual fees
- No prepayment penalties
- Competitive interest rates
With so many programs, what are you waiting for? Call Finch Air Conditioning & Heating today for a free in-home home comfort analysis and we will help you determine which HVAC system is right for your home AND which financing option is best for your life. We can’t wait to get started!