Swimming Pool Financing & Loan Options

  • Rates starting at 4.99%
  • No payments for up to 12 months
  • Up to 15-year terms
  • Borrow up to $100K
  • No prepayment penalties or hidden costs
  • Soft credit pull will not affect your credit score

How to Pay for a New Pool and Make it Affordable.

A swimming pool can be a beautiful addition to any backyard, but it’s not always easy to afford. For many homeowners, the upfront costs totaling tens of thousands of dollars for purchasing materials and hiring professionals can make a new pool seem out of reach.

However, when working with a contractor who offers swimming pool financing through a digital lender, you can get your dream pool without breaking the bank or worrying about upfront costs. Pool financing takes an expensive project and turns it into a low affordable low monthly payment.

Receive instant approval on up to $100,000 with no credit cards or prepayment penalties. With a PowerPay swimming pool or home improvement loan, you can purchase a new pool plus the hardscaping and landscaping for the backyard that comes along with it.

Your loan can cover your entire project including materials and installation and you can pay for it over time through low, fixed rates and at low, fixed monthly payments. It’s easy to apply for a loan online and approval comes in seconds!

Calculate your monthly loan payment

Term (In Months)

Annual Percentage Rate

Modern In Ground Lap Pool Installation

How to Finance a Pool and Build the Best for Your Home

As the summer season begins and the heat starts to rise, many homeowners daydream of turning their yards into paradise with a swimming pool to cool off. The cost of a new swimming pool, however, is often more than homeowners expect.

In fact, the average cost for a standard size in-ground pool is typically between $20,000 and $50,000 depending on the design chosen and where it’s installed, which often leaves homeowners wondering “can you finance a pool?”. Well, when you partner with a contractor who offers financing, you can get your new dream pool without having to sacrifice design or materials including fiberglass, concrete and vinyl.

New Swimming Pools Increase a Home’s Value and Curb Appeal

Depending on the climate and location of a home, a typical in-ground pool can start around $20,000. With the installation of a new pool, homeowners will be able to sell their home for much more than they could without, averaging a 5-8% increase in their home’s value, sometimes doubling their return on investment.

New pools are also an aesthetically pleasing addition that can really make any backyard come alive, increasing a home’s curb appeal. This value continues to rise the more appealing and functional a new swimming pool is. This is why it’s important to work with a contractor who offers home improvement financing at fixed rates and low monthly payments. Rather than having to worry about how to build a cheap swimming pool, homeowners and their contractors can work together to design and build a pool that will add a ‘wow’ factor and make it affordable.

Allows You to Afford the Materials and Size You Want for Your Pool

More so than other home improvement projects, a swimming pool’s design and location can greatly impact the overall cost. The material used for your pool also impacts the cost. Pools are made from concrete, gunite, vinyl and fiberglass and have different price ranges. An in-ground pool costs more to install than an above ground. In some places, having a backyard swimming pool also requires some kind of fence or other barrier. Also, depending on the climate, some pool materials are better than others as seasons change. Hardscaping and landscaping can also be a part of the project and can be included in pool loans.

Access to the best swimming pool, hardscaping, landscaping, and even pool enclosure financing means being able to afford any pool type, size, and location without sacrificing design or having to resort to using cheaper materials for the pool, hardscaping, and landscaping. Better materials mean less upkeep and fewer maintenance costs in the future.

Turns a Lump Sum Payment Into Easy to Afford Monthly Payments

Most homeowners are not in a position to pay out one large lump sum for a new swimming pool, hardscaping and landscaping nevermind installing a dream pool. But when partnering with a contractor who offers home improvement financing, homeowners can now get the pool of their dreams through affordable, low monthly payments. Imagine paying $400 a month for your $40,000 dream pool plus you can pay off the loan whenever you are ready with no penalty.

Swimming pool financing enables homeowners the option to afford any size pool along with materials from concrete to vinyl or fiberglass without sacrificing on quality or future costs. That translates to less money paid out upfront, and more savings in the long run.

The Approval Process is Fast & Easy

For some homeowners installing a new pool means hours of initial research, figuring out where to buy swimming pools, cost differences, and asking how much a swimming pool costs after labor, hardscaping and landscaping questions. Once initial estimates come in, homeowners typically have to then take time to determine what sacrifices they are willing to make to bring down the price.

For homeowners who work with a contractor that offers financing, they instead go through a quick approval process for same day financing, up to $100,000, and spend the rest of their time designing the custom pool of their dreams.

Saves You Money Upfront to More Easily Afford Other Pool Expenses

A new swimming pool is a home improvement project that also has additional costs after installation that some homeowners tend to forget about. Along with a home’s value and curb appeal, a home’s insurance policy with a new swimming pool will also increase, as will the home’s utility bills.

Swimming pools also need regular maintenance and cleaning throughout the year, requiring specialized kits and appliances, or payments to a pool care company. Add in any additional costs for pool tools or floats, and a new swimming pool can seem even less affordable.

However, with a quick approval process, no hidden fees, and a fixed low rate of 5%, saving on upfront costs and paying for a new swimming pool through low monthly payments can increase a homeowners available monthly cash flow to cover these additional costs.

Finance Your Swimming Pool and Use Your Cash to Pay Off the Loan Faster

Great lending partners offer no prepayment penalties so there’s no downside to using a loan to cover the costs of a new swimming pool. That way if anything goes wrong, you have the extra money to cover the unforeseen costs, or you can use your cash flow to cover the full costs of the loan with no prepayment penalties.

Our Most Popular Home Improvement Loans

Interior Remodeling Loans

Interior renovation and remodeling for new rooms and additions for anything inside your home.

Electrical Loans

From repairs to the entire home rewiring inside and outside.

Exterior Siding Loans

Install any siding project including vinyl, fiber cement, Hardie board, composite, wood, metal, brick, and stone siding.

Foundation Waterproofing Loans

Interior and Exterior waterproofing and foundation repairs – french drains, sump pumps and more.

Gutter Loans

Gutter replacement and gutter cover systems.

Attic Insulation Loans

Attic Insulation or wall insulation for any energy efficiency project.

Interior Remodeling & Addition Loans

Renovate or remodel rooms in your home or build an addition.

Lighting Loans

Exterior and Interior lighting including security and smart homes.

Paint & Wall Covering Loans

Interior and Exterior painting and wall coverings.

Sunroom & Patio Enclosure Loans

Sunrooms, Patio Enclosures, She Sheds, ADU’s and more.

Water Treatment Loans

Water filtration and water treatments.

Swimming Pool Financing FAQ

How much does a swimming pool cost?

An average above ground pool, kit and installation, starts around $2,500, but in-ground pool can cost anywhere from $20,000 all the way up to $100,000 for a high-end design! The materials used (fiberglass, vinyl lined, concrete, title, etc.) and the pool’s size and depth, determine the total cost of a new pool. Don’t forget about the hardscaping – patio deck and landscaping that may be required to finish off the project.

With financing, selecting the design and materials you want can be more affordable. A quick approval process, no hidden fees, and a fixed rate of 5% for financing up to $100,000, means homeowners can enjoy low monthly payments with no prepayment penalties all while swimming in their new pool.

How do you build a swimming pool?

How a swimming pool is built depends on a few factors, such as location, design, and materials. In-ground pools have different requirements and materials available than above ground pools, all of which influence the overall cost. With swimming pool financing you’re not constrained to only one type of pool build, rather you can determine which type best fits your home’s needs.

Depending on any additional requirements a state or township might have, the bare minimum to build a pool requires a flat surface, and easy access to utilities. Unfortunately, this type of pool doesn’t have the same effect on home value or return on investment. Adding in additional features such as a deck or platform for the above ground pool will add value and increase investments.

In-ground pools require a strategic location that is within the codes and guidelines of the local community. The removal of the land where the pool will go, as well as any additional regrading or outlining is also needed before pool installation begins. The materials used and the desired finish determine the process of installation. Where a concrete pool requires rebar (steel rods) before being poured, a fiberglass pool will be delivered to the location in one large piece and a vinyl pool is built with frames onsite and lowered into the excavated hole.

What is the most expensive part of building a pool?

Typically, the more extravagant the pool, the more expensive. However, it’s usually the extra patio space that is the most expensive part of the whole project.

Financing allows you to more easily cover the extra expenses you might not have thought of. And with a quick approval process, you can spend more time designing the space and less time worrying about the costs.

Does homeowner insurance go up with a pool?

The short answer is yes, it usually does. Typically, it adds a small fee to your premium of roughly $50. But, with a loan to help finance the project, you can use the money you planned to spend to help cover some of these additional costs you may not have planned on.

Can I finance my swimming pool?

Yes and there are a few ways you can do it like getting a personal loan, using your home’s equity or charging it to credit cards, but each of these can mean higher variable interest rates, hidden fees and a long approval process, which can lead to spending more money in the long run. The best option, a home improvement loan acquired through your contractor, can save you money and time, potentially even offering up to 12 months of no payments and no interest in promotions.

Top swimming pool contractors who offer financing include Anthony Sylvan, Blue Haven & California Pools. Coordinating your new swimming pool build with one of these contractors could save you money and time in the long run through low APRs, long payment terms and affordable low monthly payments.

What are swimming pool financing rates like?

Financing rates differ depending on the type and duration of the loan. If going with a home improvement loan, look for financing that offers a quick approval process with an APR of 5% or lower, which is considered great.

Even better are fixed rates that do not increase with the length of the loan and that won’t charge any prepayment fees should you want to pay the loan off early.

When does it make sense to finance a swimming pool?

There are many reasons to finance a swimming pool that might make sense for you including concerns about affording the full payment upfront, affording cost increases over time, additional home improvement projects to finance, or even the desire to establish more credit.

Regardless of the reason, financing with a home improvement loan through a digital lender can mean peace of mind to afford the pool of your dreams without concern for the expense.

Powerpay FAQ

What is PowerPay?

PowerPay is a digital lending platform for the home improvement industry. Our fully automated technology offers near-instant approvals on loans up to $100,000, helping homeowners translate expensive home improvement projects into low monthly fees that can be paid over time.

Unlike other digital lending platforms, PowerPay is a fully independent company that is committed to delivering loans with no extra fees or added costs in order to offer the lowest monthly payment possible to our customers. After all, the more affordable the loan, the bigger the possibilities for your home.

What home improvements can I finance?

Any equipment, service, installation costs or other project related to home improvement qualifies for financing. The following is a partial list of what PowerPay finances: HVAC equipment & installation, attic insulation, stone veneer, windows, siding, roofing, kitchen remodels, bathroom remodels, cabinets, carpet, deck & patio, doors, fireplaces, garage doors, smart home equipment & installation, hardwood flooring, paint & wall coverings, hardscaping, landscaping, siding & exteriors, tile, stone & countertops, air conditioning & heating, gutters, spa & pool, home additions, deck building, tile installation, basement remodeling, custom cabinets, fence installation, lighting installation, garage building, cabinet installation, backsplash installation, electrical and plumbing and appliances.

What contractors can I work with?

Any contractor can provide PowerPay financing.  If your contractor does not offer it, simply ask them to sign up on our dealer enrollment page.  It’s free for the contractor to sign up, takes only a few minutes to set up their account and they can process your loan in less than 48-hours. 

Does using PowerPay impact my credit score?

No.  When you apply for a PowerPay loan it will not affect your credit score.  PowerPay uses what’s known as a soft pull from credit agencies.  A soft inquiry—also called a “soft pull”—allows us to review your credit report and credit score to get a sense of how well you are managing your credit but it will not affect your score.

What equipment do you finance?

We work with all of the major equipment and material manufacturers.

Why should I use PowerPay?

Just like many people finance their car payments, over 50% of all home improvement projects are financed. Financing can be a great payment option when your dream project costs too much money to pay for all at once. Using PowerPay, you can translate that expensive lump sum into a low, affordable monthly payment. The result is the opportunity to stop worrying about what a project costs, and spend more time dreaming about the possibilities for your home.

What makes PowerPay different?

PowerPay is a fully independent company that is committed to delivering loans with no extra fees or added costs in order to offer the lowest monthly payment possible to our customers. After all, the more affordable the loan, the bigger the possibilities for your home.

How do I buy with PowerPay?

It’s easy. You can either work through your participating contractor or contact us directly.  Follow our simple application process. If you pre-qualify, you’ll be shown the monthly cost of the item and can complete the process.

Where do I apply?

You can apply on our website at our online application form. Or, simply work with any participating contractor.

How can I get approved for a loan?

Just fill out the simple online application and receive a decision in seconds. It’s that easy.

Who is eligible to apply for PowerPay?

U.S. residents over the age of 18 (or 19 for Alabama or Nebraska residents) are eligible, provided we can verify your identity.

Can I pay my loan back early?

Yes. You can prepay anytime for all or part of your loan. There is never a penalty for paying early.

What is the application process like?

The application process is fast and easy. You’ll be asked to provide some basic information about yourself. If you qualify, you will receive an email with one or multiple loan options along with a loan limit that may even go beyond the cost of your project. You may opt to borrow more and add things like annual maintenance and monitoring to your loan.
Where applicable, there is a one-time member activation cost for each approved loan. For convenience, that cost can be rolled into the final loan balance. As a PowerPay member, you also get exclusive access to member benefits from our lender, including insurance, monitoring, utility, & entertainment partners. Your contractor will walk you through the details prior to signing. All of the documents are electronic so you can sign everything from your home or office without any paperwork.

How does the financing work?

Fill out our online application and receive an instant approval via secure private email. Next, select the plan you want to choose with your contractor and then receive and sign our secure paperless closing documents. 

Can I obtain a direct loan using PowerPay?

Yes.  PowerPay is available to help to finance a home improvement through participating contractors, but if you do not have a participating contractor, we can help connect you to one in our network. Alternatively, your current contractor can enroll with us and be up and running in less than 48-hours.

Is PowerPay a bank?

No, we are not a bank. We are a digital lending platform designed specifically for the home improvement industry.

Are payments secure?

It is very important to us that your personal information remains secure and encrypted. We install endpoint protection software and/or secure web gateways at all points in our online process. There is a data protection policy in place to help ensure that personal data is kept secure.

How do I make payments?

Once your loan is processed you will receive your loan documents, welcome package, and payment instructions. You can pay with ACH, check, or debit card.

How is the APR (annual percentage rate) determined?

We work with our lender network to look at the credit risk of you as a borrower, and to give you a rate that fits your credit profile. Your financing options are presented to you in clear, simple terms. You are never obligated to accept them. Unlike many platforms that offer credit cards, PowerPay strives to offer lower-risk borrowers with lower rates. The annual percentage rate is the cost of credit as a yearly rate.

Why was I declined for a loan?

Unfortunately, financing options can’t be provided to everyone. If you believe a mistake has been made, please let us know by contacting 800-397-4485. If you are declined, you will receive a notice within 30 days at the email address you provided to us, describing some of the reasons you were declined. Applicants are declined only for credit reasons.

Where can I ask a question or make a complaint?

Please let us know right away. If we have fallen short of our goals, we’d like to know as soon as possible so that we can rectify the situation. You can call us at 800-397-4485 or chat online 24 / 7.

When are my payments due?

Your first payment will be due approximately 30 days from the funding date. Subsequent payments are due every month after that, usually on the same day of each month.

Is PowerPay a credit card?

No. PowerPay is a consumer loan program. You do not need to hold and manage yet another credit card when you work with PowerPay.