How to Finance A Roof Project

How to Finance A Roof Project

Are you in the market for a new roof? Likely, your first concern that comes to mind is cost, followed closely by how you will pay for it. Several factors affect what your final cost will be. We’ll take a look at those factors and then discuss how to finance a roofing project. 

Factors that will affect cost

Time of Year

The busiest time of year for roofers tends to be late summer through early fall. If you need your roof replaced during that time frame, you will likely pay extra. If your roof replacement is not an emergency, it’s best to schedule when roofers are less busy and looking for work. 

Size of Home

Your roof replacement is based on the square footage of your roof. The larger your home, the more you will pay.


 Every roofing company charges different rates for labor. Get multiple quotes to find how each impacts your final cost. 


A disposal fee will be included in your roof replacement to get rid of your old shingles. This includes the rental of a dumpster. 

How to save

If you are like most homeowners, you will want to minimize your cost. Here are a few tips to help you save.

Shop Around

Make sure you get multiple quotes from trusted local roofing contractors. Costs can vary widely, so take your time and compare everyone’s quote. 

Consider Materials

Metal roofs may look nice, but traditional asphalt shingles are often cheaper. That being said, do not skimp on quality. Spend a little extra now on quality shingles with longer warranties so you can put off another roof replacement as long as possible.

How to Finance A Roof Project

If you are ready for a new roof, here are a few ways to ease the pain and finance your project.

Insurance Coverage

If your roof needs replaced due to storm damage such as hail damage or a tree falling on your home, your homeowner’s insurance will likely foot the bill minus your deductible. Your insurance also covers fire damage. Contact your insurance agent to discuss the possibilities and what steps you need to take. 

Personal or Home Equity Loan

If you have good credit or have equity built up in your home, a loan is a great option. As with any loan, make sure you can afford the monthly payments and not fall behind. 

Finance Through Your Roofing Company

Some roofers offer payment options to make your roof replacement more affordable. Take advantage of this option to spread your cost out over time. At Bealing, we offer financing, and you will have an answer quickly on whether you qualify. Contact us today to learn more!