Find out how to get the best rate for your pool loan, with a term of 120 months that meets your expectations.
Many French people are looking to install a swimming pool at home, an equipment often considered luxurious but more and more affordable and above all adaptable to the surface of their land. Two types of pools can be considered, the above ground pool which is simply a kit to mount on the lawn or on a concrete slab, more stable. The second type of product offered by swimming pools is the inground pool. It is a more appreciated model but also more expensive because it is necessary to dig, to evacuate the ground then to install a hull or to build the swimming pool directly with concrete blocks according to the type of finish.
Type of pool chosen and finishing options
Simply put, the pool budget can vary from $ 10,000 to $ 50,000 depending on the type of pool chosen and the finishing options. It is a substantial budget for households and many resort to credit to finance the purchase of the swimming pool and its installation. Smoothing this loan over 10 years can be a good solution to obtain a smaller and less restrictive monthly payment. The idea is simply to finance your pool and be able to take full advantage of it without being caught in the throat.
Pool credits offered over 120 months
In all, there are 3 credits that can finance a private pool. First of all, there is a personal loan, which is a consumer credit, the amount of which is granted freely and without having to justify yourself. It is an interesting product when the inhabitants go for example to carry out part of the work themselves, they provide an envelope and the sum can be used for purchases of materials but also to call on a professional.
The second type of loan is the credit allocated to a swimming pool project, it is simply a loan that we will grant on presentation of proof, that is to say, a quote from a pool engineer or a purchase order. The advantage of this financing is to be able to release the funds only if the purchase order is signed, this avoids, for example, ending up with a loan to be reimbursed when the project has fallen into the water.
The third possible financing is credit consolidation. Households already having credits in progress (real estate loan, work loan, car) can have recourse to the grouping of their loans, which makes it possible to combine them into one and to take advantage of a lower monthly payment thanks to the extension of duration. In this operation, it is possible to add the amount of a new project to finance such as for example a swimming pool. Good to know, the three financings are compatible with a duration of 120 months.
