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Last Revised: 3/14/25
Have you ever had a pipe burst at the worst possible time? Or has your water heater ever failed right before a holiday gathering? Plumbing problems never wait until it’s convenient, and let’s be honest, they’re rarely cheap.
Few things are more stressful than a plumbing emergency you weren’t financially prepared for. The cost of repairs can range from a few hundred dollars to thousands – potentially leaving you scrambling for a solution.
That’s where smart plumbing financing comes in. Instead of draining your savings or putting off necessary repairs (and risking even bigger problems down the line), there are flexible options to help you get the work done now and pay over time. With over 75 years of experience, Mattioni has helped thousands of homeowners not only fix their plumbing issues but also find the best financing option to fit their needs. The good news is that you have choices.
In this guide, we’ll break down the top five ways to finance your plumbing project – covering interest-free payment plans, home equity loans, and even rebate programs that can put money back in your pocket. Let’s dive in.
The Top 5 Plumbing Financing Options
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1. Plumbing Company Direct Financing – Convenient, Low-Interest, Flexible
Many plumbing companies (including Mattioni!) offer in-house financing options designed to help spread out the cost of repairs or installations. This type of financing has an added layer of convenience as your plumbing company works directly with a third-party lender, allowing for quick approvals, flexible terms, and expert guidance through your plumbing project.
The best part of financing directly through your plumbing company is that you’ll usually find 0% interest payment plans for a certain period. Here at Mattioni, we offer interest-free payments on all our services for the first 12 months through our lending partner Greensky. This repayment structure makes many home improvement projects more manageable as interest does not accrue until after 12 months. Nevertheless, it’s important to understand what your interest rate will be after the promotional period ends. Mattioni and Greensky also offer a second financing option in which there is no promotional period, and participants may qualify for lower interest rates.
Financing directly through your plumbing company is best for those who want a streamlined, no-hassle way to pay for their plumbing project with the option of no interest for a set promotional period.
Click here to learn more about financing plans with Mattioni and Greensky.
| Plumbing Company Direct Financing | |
| Pros | Cons |
| Simplicity & convenience. | Limited interest rate opportunities when opting in for promo period.
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| May find lower interest rates without promo period. | May have higher interest rates after promotional period. |
| Low or no interest for promo period. | |
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Get work done quick. |
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2. Personal Loans for Plumbing Repairs – Fixed Monthly Payments
A personal loan from a bank, credit union, or online lender can provide the funds you need upfront, with fixed monthly payments over a set period. Personal loans provide funding right away, allowing you to get work done sooner and make for predictable monthly budgeting without the need to use your home as collateral. They’re a practical option for those who need work done immediately.
If you opt for a personal loan for plumbing services, make sure your monthly payments are budgeted for as missed payments can result in negative changes to your credit score.
| Personal Loans | |
| Pros | Cons |
| No collateral required.
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Higher interest rate. |
| Immediate cash funding. | May need good credit to qualify. |
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The last thing you want is a minor issue turning into a full-blown disaster just because you weren’t sure how to cover the cost.
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3. HELOCs & Home Equity Loans for Plumbing – Major Pros & Cons
If you have equity in your home, you may be able to borrow against it through a Home Equity Loan (a lump sum) or a Home Equity Line of Credit (a revolving credit line). These options typically offer lower interest rates compared to personal loans and credit cards. They also provide higher borrowing limits for major plumbing renovations, making expensive projects attainable. Equity loans and HELOCs may also be tax deductible and can offer flexible repayment terms.
The downsides to these types of loans must be considered as defaulting on your loan may potentially lead to the risk of foreclosure of your home. Terms and interest rates can be complicated to understand, so be sure to take your time and not rush into an equity loan or HELOC. If monthly payments are in your budget, this type of financing can be very advantageous.
| Home Equity Loan & HELOCs | |
| Pros | Cons |
| Lower interest rates. | May include upfront appraisal costs. |
| Higher borrowing limits. | Use of house as collateral (risk of foreclosure). |
4. Credit Cards – Quick & Easy, but Watch the Interest
Best suited for smaller plumbing projects and lower balances owed which you know you’ll be able to pay when your statement is due, a credit card can be a fast and simple option to get any necessary work done immediately. A credit card allows you to take the lead on how you want to repay your balance, but only when managed wisely. Before paying with a credit card, make sure you’re aware that delaying full repayment can come with high interest and may impact your credit score.
Using a credit card opens the door to leveraging rewards (like cashback and travel points) with your plumbing payment. If you know you can pay off your statement right away, paying with your credit card can maximize your rewards. Overall, it’s an effective strategy that can simplify payment for small and medium-sized projects, so long as you stay disciplined with repayment and don’t let interest accumulate.
Click here for strategies on how to pay off credit card debt.
| Credit Cards | |
| Pros | Cons |
| Freedom to choose monthly payment amounts.
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Higher interest rates. |
| Can earn points and rewards. | Not ideal for major system replacements. |
5. Govt. or Utility Rebate Programs – Reduce Your Upfront Cost
Rebates aren’t going to cover your total balance, but they can help to reduce it. Depending on where you live, your state or local utility provider may offer financial incentives for water-saving or energy-efficient plumbing upgrades. This can include rebates for tankless and heat pump water heaters that meet ENERGY STAR certifications. Water-efficient fixtures (like low-flow toilets, showerheads, and faucets) may also be eligible for rebates through WaterSense programs.
Opting for high-efficiency plumbing systems not only puts money back in your pocket with rebates, it can reduce your utility bills and add value to your home. Rebates and incentives for eligible high-efficiency plumbing upgrades help to reduce costs and make payments more manageable while cutting back on household energy and water consumption.
| Govt. & Utility Rebate Programs | |
| Pros | Cons |
| Reduced costs of high-efficiency systems. | May still be more expensive than standard-efficiency systems.
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| Reduced utility bills for the long term. | New system must meet program requirements. |
Which Financing Plan is Right for You?
No one likes surprise plumbing problems – but putting them off isn’t the answer. The last thing you want is a minor issue turning into a full-blown disaster just because you weren’t sure how to cover the cost. That’s why these financing options exist – to take the pressure off your wallet while keeping your home safe, functional, and stress-free.
The best part? You don’t have to figure it out alone. Mattioni offers flexible financing solutions designed to make your plumbing repairs and upgrades more affordable. Whether you need a quick fix or a major overhaul, we’ll help you find the best way to get the job done – without the financial headache.
Ready to get your plumbing back on track? Give us a call at (610) 400-8510 or book an appointment online to get started with a financing plan that works for you – because peace of mind shouldn’t have to wait.
