cost of prepaid funeral plans
âYou may have three-, five-or 10- year payment plans, and age is a determining factor in how long you can expand payments.â. Those plans donât necessarily come cheap. Hoff says payments for a $10,000 plan spread over 10 years could cost $300 to $350 per month.However, consumers may be able to pay them off early.Thatâs what Walsh and her husband did when they realized the cost was more than expected.ere are three commonly used approaches. 1. Plan and pay for your funeral in advance. A 2014 survey by the National Funeral Directors Association of adults older than 40 found only 19 percent of respondents had prearranged their funeral, and of those, about 26 percent had prepaid.