In today's highly competitive financial industry it has become easy for homeowners to secure Lines of Credit that attach an interest rate similar to their home mortgage. Payments are as flexible as making interest-only payments or when surplus is available paying down the balance without service fees.
Typical Terms for Inground pool contracts are as follows:
35% down payment.
35% when the pool arrives on site.
25% when the deck is completed.
5% due 30 days after the water goes into the pool.
All Chartered banks in Canada offer Home improvement loans with 15-20yr amortization.
The best time to consider a pool is when your mortgage is up for renewal or you are purchasing a new house and you
can add it to your mortgage for a very low increase on your monthly payment.
