Just think: it’s mid-summer, getting close to triple digits, and your air conditioning unit dies. It just dies. Doesn’t work. No more air conditioner, no more cool air blowing into your home to keep it comfortable. No more anything.
So you call a heating and cooling company to come check everything and they confirm what you already knew – you have to buy a new system. And then they tell you something you didn’t know – it’s going to cost anywhere from $7,000 to $70,000, factoring in the type of system(s) you want, the kind of home(s) you have, and the type of energy source you’d like.
Okay, what now? Spend your summer soaking in sweat and devouring popsicles? Or shell out all your savings (and maybe sell an organ) to cover the cost of a new AC unit?
Or option three? Financing.
Did you know that 70% of people taking on a home improvement project plan on financing it? When you consider that the average consumer in the United States has less than $5,000 they can get their hands on, it makes total sense. So when life happens and things breakdown, and unexpected expenditures such as an AC repair or replacement is needed, it is essential that we have affordable financing options available.
At Midway Services we have several financing options for homeowners looking to replace their heating or air conditioning systems. The first group of options are a part of our promotional financing programs, which include no interest or deferred interest. Promotional buyers are those that will most likely have the available money to pay off the loan short term, typically within 12 months with no interest charges, so long as the amount financed is fully paid off during or before the promotional period ends.
Midway Services also offers financing programs with a lower monthly fixed payment and a fair interest rate. This is for consumers who may not have the money as quickly but can afford a lower cost each month. A common program includes a 7.99% APR for either 60 or 120 months. A new, high efficiency HVAC system can cost an average of $10,000. Choosing the 7.99% 120 month loan option can cost as little as $121/month. This program makes a new heating or air conditioning system more affordable, while also receiving an efficient system that will help lower energy bills while providing home comfort.
The financing programs at Midway Services include the following:
With so many options, what are you waiting for? Call Midway Services today for a no-charge in-home home comfort analysis and we will help you determine which heating and air conditioning system is right for your home AND which financing option fits in best with your life. We can’t wait to get started!
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