Fixed Interest Rate HVAC Financing
If you’re considering HVAC financing the options can get confusing because there are a lot of options out there. Hopefully, we can help you learn more about your HVAC financing options and help you make the best decision for your home and family.
There are three options when it comes to HVAC financing:
- Revolving Credit HVAC Financing – Revolving credit cards are usually what you will get when you use a big box store as a middle-man when purchasing a new HVAC system. These store cards are convenient, but they also can lower your credit score because they are known as “Revolving Credit.”
For instance, one way this could affect your credit score is if they issue you a $6000 card and you have to use all of it to install your new HVAC system. It will then appear that you are “maxed out” on your credit report. Then of course you have the variable interest rates. These variable rates have a tendency to always go up.
- Fixed Rate Loans (We call it Benji financing) – Fixed rate loans are issued through finance companies like Finance Home America. These loans appear as an installment loan on your credit bureau (just like a car loan). Meaning there is a beginning and an end to the payments. These types of loans do not affect your credit score, unless you are overloaded with other debt. These loans often have 0% interest and $0 down options just like the revolving credit cards have, only the interest rate will be fixed for the life of the loan.
- Home Equity Loans – Home Equity loans are an interesting combination of credit card revolving debt and fixed rate loans. The difference is that you are securing the loan with the equity in your home, which means, that should you not repay the loan as agreed, your home can be taken as collateral. Most of these loans require a mortgage application, income verification and means-testing.
Compare: how Benji HVAC financing stacks up.
Apply online and get an instant decision. Applying will not affect your credit.
All Quotes Are Not the Same.
At Climatrol Air we pride ourselves on being different, and one way we do this is the way we handle new and replacement HVAC system quotes and HVAC financing. Most of the area HVAC companies use a dedicated sales team that works on commission to come to your home and give you a quote.
At Climatrol Air, we do not use commissioned sales people. When you get a quote from us it will be from a NATE Certified technician, not a salesperson, who can expertly determine exactly what type of system your home needs. We will also guarantee it to be the lowest price by at least $100!
1No hard credit check required to receive pre-approvals or calculate terms and payments. Benji hard credit check occurs after terms are selected before financing documents can be signed. LendingPoint™ hard credit check occurs after financing documents have been signed.
2 No payments are required during the special financing period following project completion. Thereafter, substantially equal monthly payments are required for the remainder of the financing term (60 months) or until the unpaid balance of the amount financed is paid in full. Interest will accrue during the promotional period, but will be waived if the amount financed is paid in full prior to the expiration of the special financing period. Benji special financing plans not available in some states.
North Georgia Residents.
When you submit this form, your discount will be recorded and one of our NATE Certified techs will call you to schedule a same-day appointment for your free estimate.