Can you afford your new roof?

By Dani Sheehan. 

Instant Roofer’s financing calculator can help you budget for your roof replacement with no surprises. 

Replacing your roof is a major investment, but do you know if it’s within your budget? If you’re considering financing your new roof, you’re not alone. With interest rates expected to drop in September, now might be the perfect time to finally say yes to replacing your roof. 

Instant Roofer offers a roof financing calculator that is a great tool to help you get a clear picture of your projected monthly payments, allowing you to plan your finances confidently. 

How it works 

If you already have a rough estimate for the cost of your new roof, using the calculator is simple. Just enter the total roof cost, set the annual percentage rate for your financing, and decide how much you can contribute to the down payment. Whether you plan to pay it off over one year or six, the calculator will give you an accurate estimate of your monthly payments.  

What to consider 

Keep in mind that the payment calculated is just one piece of the total cost. Factors like your credit score can improve what interest rate you qualify for, and there are different loan options to choose from based on your unique financial situation. Depending on the material you choose, there may be additional incentives like insurance discounts for choosing impact-resistant shingles or government tax credits for solar panel installations.  

Need an estimate? 

Don’t have an estimate yet? No problem! Instant Roofer also offers a roof replacement cost calculator to give you an instant estimate with no obligations. You can even compare the price difference of materials if you’re still deciding between asphalt shingles or a new metal roof. The best part is they’ll also help you find a roofer by connecting you with reputable contractors in your area. 

Start planning today. Take the guesswork out of budgeting for your roof replacement. Use Instant Roofer’s financing calculator to estimate your monthly payments and start your project with the peace of mind that it won’t break the bank.