Pool financing

Pool financing is a way to borrow money to pay for building, installing, repairing, or upgrading a pool. Financing options can include personal loans, home equity lines of credit (HELOCs), and financing offered through pool contractors.

A personal loan through Upstart can be used to finance your pool project without using your home as collateral¹² or tying your financing to a pool contractor. You could borrow $1,000 to $75,000⁴ with fixed rates from 6.1% to 35.99% APR² and choose a 3- or 5-year repayment term. This gives you the flexibility to choose your pool builder and cover different project costs, from installation and equipment to decking and other upgrades.

Yes. Personal loans can be used for both above-ground and in-ground pool financing. Because pool projects can include more than the pool itself, financing can also help cover installation, equipment, decking, landscaping, and other related costs.

A personal loan through Upstart offers fixed rates and predictable monthly payments, making it easier to plan for your total pool project. With loan amounts from $1,000 to $75,000, it can work for anything from a smaller above-ground pool project to a larger in-ground pool installation.⁴

The right option depends on your project size, timeline, and whether you want to borrow against your home. A personal loan may make sense if you want unsecured financing¹², with fixed monthly payments and a faster process and no home appraisal or equity requirement.

For larger pool projects, a HELOC or home equity loan lets you borrow against the equity in your home and may offer a larger loan amount. A HELOC through Upstart Home Lending, for example, lets you borrow $26,000 to $250,000. Because home equity financing uses your home as collateral, consider the rates, fees, repayment terms, and risks of each option before deciding.

Pool costs vary widely depending on the type, size, materials, location, and features you choose. In-ground pools generally cost more than above-ground pools, and installation, decking, landscaping, fencing, and equipment can increase the total project cost.

Once you know your budget, you can choose financing that fits your project. A personal loan through Upstart ranges from $1,000 to $75,000⁴ without using your home as collateral¹². For projects that need more than $75,000, a HELOC through Upstart Home Lending lets you borrow $26,000 to $250,000 using your home equity.

Pool financing through Upstart comes as a personal loan with fixed rates from 6.1% to 35.99% APR.² Your actual rate depends on your credit, income, loan amount, term, and other information in your application.

Our model also considers factors beyond your credit score, including income, employment, and education¹⁰, to understand more of your financial profile. You can check your personalized pool loan rate in about 5 minutes without affecting your credit score⁵, so you can see your actual rate before deciding whether to move forward.

Personal loans for pool expenses through Upstart may include certain fees, depending on your loan terms and state of residence.

Common fees may include:

• Origination fee: A one-time fee that may be charged when your loan is issued. If applicable, it’s typically deducted from your loan proceeds before funds are sent.
• Late payment fee: May apply if a payment is not made by the due date.
• Returned payment (ACH) fee: May be charged if a payment is returned due to insufficient funds.

Not all loans include the same fees, and amounts may vary. You’ll see any applicable fees clearly disclosed in your loan agreement before you accept your loan, so you can review the total cost upfront.

With a personal loan through Upstart, you can finance eligible pool expenses with a 3- or 5-year repayment term². Your loan is repaid in fixed monthly payments over the term you select.

There’s also no prepayment penalty, so if you want to pay off your personal loan sooner, you can do so without an additional prepayment charge.

Financing a pool through Upstart is simple and 100% online:

• Check your rate in about 5 minutes without affecting your credit score⁵
• See your options including your rate, loan amount, and repayment terms
• Get funds sent in as fast as 24 hours after approval and signing³

You could borrow $1,000 to $75,000⁴ and use the funds for eligible pool costs.

The timeline may vary, but many borrowers move through the process quickly through Upstart.

• Most applicants receive an instant decision after submitting a completed application⁶.
• If approved, you could get funds sent in as fast as 24 hours³.

When the money becomes available in your account depends on your bank’s processing times and policies. 

Personal loans through Upstart don’t require a down payment. However, your loan may include an origination fee, which is separate from a down payment and is reflected in your APR.

Review your loan offer for the APR, origination fee, monthly payment, and other applicable costs before accepting your loan.

No. Personal loans through Upstart have no prepayment penalty, so you can make additional payments or pay off your pool financing early without an extra prepayment charge.

Paying down your loan sooner can also reduce the amount of interest you pay over the life of the loan, giving you the flexibility to repay faster if your budget allows.