There are several financing options for new furnace installation available, including:
Home equity loans: These loans allow you to borrow against your home's equity and can be used to finance home improvement projects such as furnace installation.
Personal loans: Some businesses may provide personal loans for HVAC installation and repair.
Credit cards: Some contractors may accept credit card payments, but keep in mind that the interest rates are high.
Contractor financing: Some HVAC contractors may provide financing with flexible terms and competitive interest rates.
Government grants and incentives: Some governments provide grants and incentives for energy-efficient heating systems; check with your local government to see if this is available in your area.
It is critical to compare various financing options and consider the overall cost before making your decision.