Getting a new kitchen set up can be a lot of fun. The expenses associated with a new kitchen, however, is not so much fun. The cost of getting new kitchen cabinets can be very expensive. In fact, even minor kitchen renovations can cost many thousands of dollars. In 2017, people spent on average of about $25,000 on small kitchen remodeling projects. Fortunately there are ways to get your new kitchen cabinets financed. These plans will help you get an affordable monthly payment that you can make over the course of a few years. When thinking about financing, you may want to consider ways to lower the overall cost of your project. Doing your kitchen remodel yourself, for example, can save you lot of money if you have the time available.
There are a wide variety of financing options available to people interested in getting a kitchen remodeled. Besides going to the bank and getting a traditional loan, there are mortgage brokers out there that can hook you up with with hundreds of different types of loans.
- Each one of these loans vary and through some research and consulting, you can find the kitchen finance loan that works best for you.
- If you’re only interested in financing your kitchen cabinets, you will have a much larger selection of loans/financing options available because of the small cost attached to it.
- For projects that aren’t astronomically high in price (especially if you’re doing the cabinets yourself), you can often pay for everything with a credit card.
Then, you pay off the card over-time at a rate you’re most comfortable with. Combined with some of the specials provided with credit cards (like cash back and sky-miles), you may up with nice reward with your cabinet purchase.
If you’re thinking about going to a mortgage broker for your kitchen financing, consider everything about your project. If you’re going to have a contractor handle the remodel, you should get a detailed job estimate from them. Get them to list the cost of parts and labor. Once you have the estimate, tack on an extra 10% just in case something doesn’t go as planned and costs you extra. The money that the bank/broker will give you will change based on a variety of reasons. If you have bad credit, low income, or have a home with low value, you may not get the amount of money you want for the project. If that happens to you, you may want to investigate some other options for financing your kitchen cabinets.
The Best Kitchen Cabinet Manufacturers
If the kitchen is the heart of the home then the cabinets can be referred to as the heartbeat by setting the tone and ambiance of the entire room.
Research is key when deciding which cabinet manufacturing to chose. Following is a list of four of the better-known makers that have proven themselves reliable and consistent producers of fine cabinets.
One of the oldest names and manufacturers of cabinets in the country is Thomasville Furniture. Thomasville is still located, as it has been for over a century in North Carolina and is still producing the highest quality cabinets available. The deliver and produce custom orders. Visit Thomasville.com for information that is more detailed.
A name in the industry for more than a quarter of a century, Berth family owned, operated, and a proud producer of made in the USA cabinetry and distributes their line nationwide. They are committed to not only providing superior products but also are also proud of their eco-friendly approach and are committed to reforestation. More about Berth and their products can be found at Berth.com
KraftMaid is quickly becoming one of the fastest growing and better known brands in the industry. They are known for providing excellent product at very reasonable cost and have proven themselves to be reliable and consistent manufacturers of fine cabinetry. What was once just a local vendor, KraftMaid is now a one of the best places to look for that custom look with out the cost. Look on KraftMaid.com for more details.
Diamond Cabinets has been in operation for over 30 years and have always provided cabinets of superior design and style and of the highest quality. Diamond is a proud of offering low-formaldehyde-emitting composite wood product line. Stop by Diamond.com for answers to your questions.
The World Wide Web is a wonderful source of information, but often time word of mouth is the best. Speak to neighbors, asks your friends and family who they have used in the past and how the experience went. Cabinets are costly and most used item in your home, you want to make sure you get the best your money can by. Using this as a starting point is a great way to launch your search for your prefect cabinet. Try to remember the importance of doing due diligence in your research and to only work with reputable and licensed and insured organizations.
Adding new kitchen cabinets to your kitchen is a great way to improve its appearance making it more attractive and increase the overall value of your home. There is a nice variety of different types of kitchen cabinets one can choose from depending upon your own decorative tastes. Picking out new cabinets for your kitchen remodel can get expensive in which case you will need financing for purchasing your new kitchen cabinets. There are ways to get this financing without having a huge monthly payment.
First you should look into getting a low interest home improvement loan. This is a special type of loan creditors give to people who are looking to add value to their home. Before applying you should do some shopping around to see which types of kitchen cabinets you would like to purchase so you have a good estimate of just how much you are looking to get out on loan. You should also compare a few different companies so you are able to get the lowest interest possible. Banks are very competitive these days so you may be surprised just how low they are willing to go. You should first look into getting financed with your own bank. Banks will do special financing for loyal customers so you may be able to get a better deal with them.
If you are one of the many in the world who has bad credit you may have to look into getting bad credit financing to purchase your kitchen cabinets. There are still many creditors who are willing to lend out money to people who have blemishes on their credit reports. The best thing to do is to shop around and compare at least three or four companies to see who can give you the best deal to purchase your kitchen cabinets. You may have to come up with a larger down payment or pay a higher interest rate than those who have excellent credit but in the end you will still be able to financing your new kitchen cabinets. It is important when one is looking into bad credit financing that they read all the fine print so that you avoid penalties or things such as balloon payments where you are required to come up with a sum of money by a certain date.
No matter which route you take to finance your kitchen cabinets the important thing is that you are adding value to your home and making it the place you have always dreamed of owning!