Dreaming of installing a pool in your backyard? Whether you’re thinking about a sleek in-ground pool or a DIY pool kit, the cost can be significant, but the good news is, that there are smart ways to finance a pool in 2025. With a variety of pool loan programs, loan calculators, and pool financing options, it’s easier than ever to make that swimming pool dream a reality.
In this article, we’ll walk you through everything you need to know about swimming pool financing—from the types of loans available to loan payment calculators and how to get the lowest rate. By the end, you’ll know exactly how to finance a pool the smart way in 2025.
Outline of Topics Covered
What Does a Pool Cost in 2025?
How Much Should You Borrow for a Swimming Pool?
What Is the Best Pool Financing Option for You?
Should You Use a Personal Loan or a Home Equity Loan?
How Do Pool Loan Calculators Help?
How to Qualify for a Pool Loan in 2025?
What Is Lyon Financial and How Can They Help?
In-House Financing vs. Bank Loans: What’s Better?
How to Compare Pool Loan Offers and Rates?
What Are the Best Options to Finance a Swimming Pool?
What Does a Pool Cost in 2025?
On average, installing a new pool can cost anywhere from $30,000 to over $100,000, depending on whether you choose an in-ground pool, an above-ground pool, or a custom pool kit.
Costs include excavation, materials, pool installation, filtration systems, and landscaping. Many pool companies also offer custom features like waterfalls or lighting, which can raise the overall cost of your loan if you’re using pool financing.
So before you even look at a loan application, take time to research your pool builders and what the actual pool will cost. That way, you’ll know exactly how much to borrow and what kind of loan amount makes sense for your pool project.
We also have a blog covering the total cost (labor, duration, and hidden fees) of building a fiberglass pool and above ground pool in Clarksville, TN. Check it out on our blog!
How Much Should You Borrow for a Swimming Pool?
The loan amount you need depends on your pool’s size, features, and construction type. Whether you’re adding a new swimming pool for fun, fitness, or property value, knowing your exact costs is crucial.
Some homeowners only borrow enough to cover basic construction, while others include extras like decking, landscaping, or even outdoor kitchens. Your loan could be small or large, so it’s essential to use a loan calculator to estimate loan payments and determine what you’ll pay over the life of the loan.
If you’re unsure how much to borrow, talk with pool contractors or pool manufacturers to get multiple estimates. Then you can compare pool features and costs to decide what fits your budget.
What Is the Best Pool Financing Option for You?
It depends on your financial profile and the pool loan amount you need.
Some of the most common financing options available include:
- Personal loans (secured or unsecured)
- Home equity loans and HELOCs
- Home improvement loan
- In-house financing from pool companies
If you need a large loan, a secured loan like a home equity loan or HELOC may offer the lowest rate. But if you want quick approval and no collateral, personal loans are available and work well for many borrowers.
Remember, your credit score, income, and existing debts will all influence which loan programs are open to you and how good a loan offer you receive.
Should You Use a Personal Loan or Home Equity Loan?
A personal loan is often the easiest and fastest option for financing a pool. These unsecured personal loans don’t require home equity or collateral, and personal loans are available through banks, credit unions, and online lenders. But they often come with a higher interest rate and shorter loan term.
On the other hand, a home equity loan or HELOC to finance your pool will use your home as collateral. While home equity loans come with lower interest rates, the loan application process can take longer and carry more risk if you fall behind on payments.
If you need a large loan, a home equity loan or HELOC could save you money over time. Just be sure to weigh the risks before making a decision.
How to Qualify for a Pool Loan in 2025?
To qualify for a pool loan, lenders will evaluate your:
- Credit score
- Debt-to-income ratio
- Income stability
- Loan application details
Some loan options require collateral, while others don’t. For unsecured personal loans, a higher credit score can help you access better rates and terms. If you’re applying for a home equity loan, you’ll need to show how much equity you’ve built in your home.
Pre-approval or prequalifying for loan services can help you know what to expect before committing. Make sure you check eligibility requirements with your preferred lender or pool financing provider.
In-House Financing vs. Bank Loans: What’s Better?
Some pool companies offer in-house financing—a convenient way to finance a pool directly through your contractor. These loans can be easy to access and may come with promotional rates or bundled packages.
However, in-house financing may not always be the most affordable long-term option. Bank loans, including home improvement loans, typically offer lower interest rates if you have strong credit. They also provide more transparency on fees, loan terms, and repayment plans.
When deciding, be sure to compare pool financing options side-by-side. Consider using a loan calculator and reviewing total loan payments to find the best options for your needs.
How to Compare Pool Loan Offers and Rates?
To find the best pool loan, start by shopping around. Look at different lenders, banks, and credit unions. Ask for quotes on:
- Loan amount
- Loan term
- Interest rate
- Monthly loan payment
Also check if the lender charges origination fees, prepayment penalties, or hidden charges. Comparing multiple loan offers side by side will help you find the best deal.
Online tools make it easy to compare loans quickly, and many lenders allow you to prequalify for a loan without affecting your credit score.
What Are the Best Options to Finance a Swimming Pool?
When it comes to the best pool loan or best pool financing option, your decision will depend on your credit score, income, and desired pool cost.
Here are the best options to consider:
- Personal loan (quick approval, no collateral)
- Home equity loan or HELOC (low interest rates, tax benefits)
- Home improvement financing (designed for renovations)
- In-house financing (offered by pool contractors or pool manufacturers)
Some pool builders also bundle financing options available with installation packages, giving you extra convenience. Whether you want to finance a pool using your home equity or get a personal loan, make sure to compare offers and read the fine print.
Build Your Dream Pool with Sutton Pools – Financing Available!
At Sutton Pools, we make it easy for homeowners in Clarksville to bring their dream backyard to life. As experienced pool builders, we take care of everything from custom designs to expert installation.
And if financing is on your mind, we’ve got you covered. Our flexible pool financing options help you get started without the stress of paying everything upfront. Whether you’re looking to add a fun space for the kids or a relaxing retreat for yourself, Sutton Pools is here to help every step of the way.
Key Takeaways: Smart Pool Financing in 2025
- A pool in 2025 can cost between $30,000 and $100,000+, depending on type and features.
- Use a pool loan calculator to estimate monthly loan payments and total costs.
- Choose between personal loans, home equity loans, HELOCs, and in-house financing.
- Lyon Financial specializes in swimming pool financing with competitive loan programs.
- Compare loan offers for the best interest rate and loan term.
- To qualify for a pool loan, you’ll need good credit, steady income, and possibly home equity.
- Always get multiple quotes and find the best deal before signing.
- Consider the cost of the pool, how you’ll pay, and how quickly you can pay back your loan.
- The best swimming pool investment starts with smart pool financing choices.
Ready to take the plunge? Use the tips above to finance a pool in 2025 that fits your backyard and your budget!
FAQs
Q. What is the best way to finance a swimming pool?
A. The best way to finance a swimming pool really depends on your financial situation. Many homeowners choose a personal loan because it’s quick, doesn’t require home equity, and has fixed monthly payments. If you have equity in your home, a home equity loan or HELOC can offer lower interest rates and longer terms. Some pool companies also offer in-house financing that may work well if you want everything handled in one place. The key is to compare pool loan options and choose the one that gives you the best rate and fits your budget.
Q. How long do most people finance a pool?
A. Most people finance a pool for 5 to 15 years, depending on the loan amount and the type of loan they choose. Personal loans usually come with shorter terms—like 5 to 7 years—while home equity loans can be spread out over 10 to 15 years or more. A longer loan term means lower monthly payments, but you may pay more in interest over time.
Q. What credit score do I need for a pool?
A. To qualify for a pool loan, you’ll usually need a credit score of at least 660 to 680. The higher your score, the better your chances of getting a lower interest rate. If your credit score is in the 700s or above, you’ll likely qualify for the best pool financing options available. But don’t worry if your score is lower—some lenders offer loans to borrowers with fair credit, though the rates may be higher.
Q. What is a good interest rate for a pool?
A. A good interest rate for a pool loan in 2025 typically ranges from 6% to 10%, depending on your credit score, the loan term, and whether you’re using a secured loan (like a home equity loan) or an unsecured personal loan. The best way to find the lowest rate is to shop around and compare loan offers from different lenders. Using a pool loan calculator can help you understand what you’ll pay over time.
Q. Is it smart to put in a pool?
A. Yes—if it fits your lifestyle and budget, adding a pool can be a great investment in your home and quality of life. A swimming pool gives you a place to relax, exercise, entertain, and enjoy time with family and friends. It may also increase your home’s value, especially in warmer climates. Just be sure to plan your pool project carefully and choose a financing option that keeps your payments affordable.
In this blog, we’ll walk you through everything you need to know about swimming pool financing—from the types of loans available. By the end, you’ll know exactly how to finance a pool the smart way in 2025.
