A new roof is a major investment. Should you pay cash or finance through a lender like GoodLeap, 360 Financing, or Enhancify? The answer depends on what your cash could earn elsewhere.
The Math
Take a $25,000 roof financed over 10 years at a typical promotional rate — total interest runs in the low thousands. If your cash instead sits in a high-yield savings account at 4.5%, that same $25,000 earns roughly $13,800 in interest over 10 years.
Keeping cash invested while financing the roof can net you thousands over a decade — run the numbers with your specific rate.
When Cash Makes Sense
- ›You don't have a high-yield place to keep the money
- ›You hate carrying any debt
- ›You want the fastest closing process and the $2,600 cash discount
When Financing Wins
- ›Your cash can earn more than the loan rate elsewhere
- ›You want to preserve emergency reserves
- ›You need the roof now but cash flow is tight
Our Lending Partners
Rob's works with GoodLeap, 360 Financing, and Enhancify — three of the most flexible home-improvement lenders in the country. That gives you more program options than competitors who only offer a single in-house plan. Pre-approval is fast and won't impact your buying decision.
