Maximise Your Pool’s Return on Investment (ROI)

One option for financing a pool is an unsecured personal loan, while another is equity lending, which uses the value of your home as security. The vast majority of the products (if not all) offered on our website are supplied by our business partners, who in turn compensate us. This may alter the topics we discuss and the sequence in which the articles appear. Nonetheless, we must not allow this new data to alter our assessment of the existing situation. The views expressed here are those of the authors alone. You’ll find a description of our business approach and a directory of our collaborators and partners lower down the page.

Trying to put a price on being able to swim off the heat of a summer day is like trying to put a price on freedom. However, it is realistic to assume that a significant sum of money will be required to fund the construction of the pool. HomeAdvisor estimates place the price of an in-ground pool between $36,750 and $66,500, while an above-ground pool’s price might go from $700 to $3,600. It is recommended that you pay cash for your new backyard paradise to avoid incurring interest charges. However, you may need to spend a significant chunk of your time and resources saving up for this. The pool loan interest rate selection is critical. Choosing the pool financing calculator is very important here.

Direct Lending

With an unsecured personal loan, you don’t have to put up any collateral to acquire the money you need. Your credit history will be one factor considered by the lender when deciding whether or not to provide credit to you. A typical personal loan consists of a single, lump-sum payment payable over a period of two to seven years.

When a personal loan might be most helpful: You may want to consider acquiring a personal loan if you don’t have enough equity in your home to cover the whole cost of a pool alone. Personal loans might be a good choice if you need cash fast since you can often get the funds within a day or two after loan approval. If you’re in need of this, keep reading! In addition, the fixed loan amounts make these alternatives practical when you have a precise cost estimate for your pool.

Mortgage refinancing for current borrowers

A home equity loan provides a lump sum in exchange for the borrower’s pledge of their property as collateral. In this respect, a home equity loan may be thought of as being analogous to a second mortgage. With a home equity loan, you may borrow up to 85% of the value of your house (less any existing mortgage balance, of course). These loans often have interest rates between 4% and 6%, with payback terms of up to 15 years.


If you have enough equity in your home to get a loan and would like to pay for the new pool with fixed monthly payments, then a home equity loan may be the ideal option for you to explore. To be eligible for this one-time loan, you’ll need to provide a detailed budget.