Absolute Exteriors Logo
a professional roofer replacing a roof from a house

Roof Replacement Cost: 5 Ways To Pay For It!

Fund Your Roof Replacement Without Breaking The Bank!

Are you trying to find ways to pay for a new roof on your house? If this is you, you’re not the only one. Many homeowners are in the same situation and worry about how it will affect the value of their homes. Absolute Exteriors is one of the best companies that sells and installs roofs. We offer different ways to pay for their services to meet your needs. We’ve been in business for over 50 years, and we’ve always done good work and treated our customers well. Call (630) 439-5298 for a free estimate, and protect your roof to keep your family safe.

5 Ways To Pay For Your Roof Replacement Cost

Replacing your roof can be a considerable expense. It’s not something most people budget for and can leave them scrambling for ways to pay for it. There are many ways to pay for a roof replacement. You don’t have to worry about it breaking the bank. Let’s take a look at five different ways.

1. Home Equity Loan Or Line Of Credit

If you have built up equity in your home, you can get a loan against that equity to help pay for a new roof. A home equity loan may be a good option if you already have a line of credit available. This type of loan typically has lower interest rates than other types.

2. Personal Loan

If you don’t have any equity in your home or don’t want to use it, you could get a personal loan. Personal loans have a higher interest rate than home equity loans. But they are better than using a credit card or getting a cash advance from your credit card company. Those options usually have even higher interest rates and fees.

3. Government Grants

These are available to help cover the roof replacement cost. This program can help people who meet certain age or insulation requirements. Contact your area’s city, county, or state government to find out if you qualify and how to apply.

4. Home Insurance

Some insurance policies help pay to replace an old roof. The old one probably needs to be replaced because it has lots of damage. Check with your insurance provider to see if this is an option.

5. Financing Options

Many contractors offer financing options. This means you can pay for the work over time instead of all at once. This might be helpful if you need more money to pay for the job immediately. Read the terms and conditions before agreeing to anything with a contractor.

Replacing a roof can be costly and stressful, but there are ways to ensure it doesn’t break the bank! There are five ways to pay for a new roof. You can use a home equity loan or line of credit, a personal loan, a government grant, your home insurance policy coverage, or other financing options. If you choose one of these options, you won’t have to worry about how you will pay for the new roof.

Learn Home Insurance Policies

Factors To Consider On Roof Replacement Cost

As a homeowner, staying updated on necessary home repairs and improvements is important. One of the most common home maintenance operations is roof replacement. If your roof needs to be fixed or replaced, you need to know how much it will cost. Let’s look at some factors influencing the roof replacement cost.

Roof Size

The size of your roof is the main factor when estimating the cost. The larger the roof, the more materials you need and the more labor required. So, for an oversized top, you can expect higher prices than if you had a smaller roof. Talk to a professional contractor if you want an estimate for your specific needs. They will be able to assess your needs and give you an estimate based on that assessment.

Type Of Materials Used

The material used for your new roof also plays an important role in determining cost. There are different types of materials that come at various price points. Make sure you talk with your contractor to determine which material is best for you. Some materials, like shingles or metal panels, have pros and cons.

Labor Costs

Professional contractors have a lot of training and experience. They know how to work on both residential and commercial roofs. They also charge fair rates for their work. Ensure you get quotes from reputable contractors so they do a good job and you stay caught up.

Many things go into how much a new roof will cost. The size and type of material, as well as the labor costs, all play a part. You should understand these factors before making any decisions about your roof. This will help make sure that you get the best value for your money. Remember to research all of your options carefully before making any final decisions!

Strategies For Reducing Roof Replacement Cost

Replacing your roof is one of the most expensive projects you can undertake as a homeowner. There are several ways to reduce the cost of replacing your roof. You can get the most value for your money if you do some of these things. Here’s how to save on a new top without compromising quality or workmanship.

Compare Quotes From Multiple Roofers

Calling multiple roofers will give you an idea of the prices they offer. When you get a quote for your home improvement project, go with something other than the first one. Get quotes from at least three different companies. Make sure that all of the quotes include the cost of materials, labor, and any other fees. This will help you pick the best company for you and your budget.

Shop Around For Materials

You can ask your contractor to give you the best possible price on the materials they will use to fix your house. They can help you buy the things used to restore your home separately. You may save money buying these things at big-box stores or online retailers. Ask your friends and family if they know of any other suitable suppliers.

Hire A Professional Roofer Instead Of Doing It Yourself

Some people think they can replace their roofs. It’s hard work, and it’s easy to do it wrong. If you fix your roof, it might leak, and you will have to get them to fix it. Always consult with a professional roof replacement cost estimator.

Replacing your roof doesn’t have to break the bank! You can install a new roof without overspending if you plan carefully. You can save money by shopping around for contractors and materials. Make sure to choose licensed professionals who know what they’re doing. Follow these tips to reduce your overall investment when replacing your roof!

two professional Roofer working for Replacement

Steps To Make Sure You Get The Most Out Of Your Roof Replacement

A roof replacement is an investment, and it’s important to ensure you get the most out of it. When you are getting your roof replaced, you should hire professionals. An important part of that is picking the right professionals.

Step 1: Research Companies & Reviews

Before you hire a roofing contractor, read reviews on the internet. This is important so that you can be sure they are good at installing roofs and can give you what they promised. You should also talk to their customers to ensure they are happy with the service.

Step 2: Check Insurance & Certifications

When choosing a roofer, you want to be sure that the roofer is buying insurance and is certified by a good company. You also want to be sure they are appropriately licensed so they can give you good service.

Step 3: Consider Price & Quality

The most important thing is to get a good roof, not just a cheap one. Don’t let cheap fool you. You should compare prices, but you should also look at the materials and any other costs that go along with them. Don’t settle for less quality to save some money now.

To protect your home from water damage, you need to hire a company that knows about roofs. Be careful about doing business with companies you don’t know. Make sure they are insured. Check the company’s reputation and get several quotes for your roofing job. A quality roof will save money on repairs or replacements down the road!

Why Choose Us

Absolute Exteriors has been in business for 50 years and promises to give the best roofing services. We think your home is valuable for your family to live in. We want to help you do that in the most effective and long-lasting way possible.

Our team is fully licensed, bonded, and insured, so we can do a better job for you. We also have a public adjuster on staff and a roofing license that lets us do any amount of work. We’re proud that we make sure every client is happy.

Let our experts give you the best roof replacement options that suit your budget and needs. Call us at (630) 439-5298 to get a free quote today and learn more about how we can help you with financing options.

Absolute Exteriors Offered Services:

Other Articles We’ve Chosen For You:

Frequently Asked Questions

Roofers are busiest in late summer and fall. Scheduling your roof replacement in late winter or spring may yield lower prices or off-season discounts.


Asphalt is the most affordable roofing material for roof replacement.


Asphalt shingles are the best choice for most houses because they are lightweight, inexpensive, and simple to install. They are available in sheets layered on a roof to create the appearance of more expensive single shingles, such as cedar and slate, installed one shingle at a time.


According to the Remodeling report, a new metal roof will increase the value of your home. While this is a larger increase than the asphalt roof replacement, it is also much more expensive. According to the report, this results in an estimated return on investment of 54.8%.


The average residential home in the United States has an area of 1600 – 1700 square feet. In most cases, your average roof can be reshingled in two to three days. A roof that needs to be reshingled twice as large usually takes more than a week.


Most homeowners’ insurance policies cover roof replacement if the damage is caused by a natural disaster or an unexpected accident. It will not pay to replace or repair a roof that deteriorates over time due to wear and tear or neglect.


You’ll most likely need a credit score of at least 640 to qualify, but if you have bad credit, you might still be able to get roof financing. Some lenders may accept a credit score as low as 500.


Skip to content