Purchasing impact windows and doors are an excellent investment for home and business owners in Florida. Impact windows and doors are among the best ways to improve safety by keeping you well-protected against the destructive force of a hurricane.
However, the high cost of these products makes it difficult for many people to purchase impact windows and doors outright.
The average price of a single-hung window costs between $500 and $600 (materials only.)
Just one impact door can range between $1,500 to $1,900, depending on the size needed.
Fortunately, you can choose from a variety of different financing options to help you purchase these products without a significant amount down. Taking the time to find the best financing option for you is essential. By doing a little research now, you’ll save both money and unnecessary headaches in the long run.
Investing in the installation of impact doors and windows is a popular option due to the tax breaks and incentives. The Florida PACE Funding Agency is a government program that helps homeowners obtain the necessary funding for home improvement projects that improve energy efficiency or protection against hurricanes.
You may also qualify for energy tax credits by upgrading to impact doors and windows.
Purchasing impact windows and doors offer many benefits, but it is also expensive. However, the Florida PACE Funding Agency makes it much easier for Florida residents to afford impact products with a fixed-rate loan covering the installation, materials, and labor for this project. Typically, it takes between ten to twenty years to pay back the loan, as it is added to your property taxes each year. Homeowners aren’t required to make a down payment, as the interest rate is usually between 6%-9%.
All closing fees come included in the total cost, which helps to keep everything simple. The pre-approval process usually takes less than 30 minutes, and it doesn’t require a minimum credit score.
Choosing to invest in impact windows and doors may also qualify your home or business for energy tax credits. For example, you can claim a tax credit for at least 10% of the cost of using qualified energy efficiency improvements for your home in Florida.
Over time, this can save you a significant amount of money by choosing to purchase impact windows and doors for your home.