Financing Your Bathroom Remodel 

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CHARLOTTE – There are multiple ways to finance a Bathroom Remodel, here’s a quick breakdown of the best options depending on your situation.

Credit Card



Many of the higher-tech remodeling companies now accept credit cards as payment. This gives you the added benefit of extra protections that your card may offer, plus additional points or rewards. As long as you have the cash to pay off the card each month, this can be the best option as a typical bathroom remodel could earn you $200+ worth of rewards on your credit card. 

Home Equity Line of Credit (HELOC)

A HELOC is a great option if you have owned your home for a while and have sufficient equity. A HELOC uses your home as collateral, so it comes at the lowest interest rate and is the most flexible. This is the best option if you have multiple projects planned and need the extra cash available for a longer time as you can re-borrow the cash as needed. 

Home Improvement Loan  

A home improvement loan is a type of personal loan that is based on your credit score, and requires no collateral. Rates are much less than carrying a balance on credit card, but a bit higher than a HELOC because there is no collateral. A home improvement loan is a great option if you’re planning to pay the project off in a few years or less. 

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