The Benefits of Financing Your New Flooring

Are you wondering how to finance your new flooring purchase? 

As you consider the flooring that fits your lifestyle, you may want to take advantage of special financing offers available at Floor Decor Design Center.

The benefits are significant: financing offers give you buying power and convenient payment options so you can purchase the floor you have always wanted on the terms that make sense for you. 

The Benefits of Financing Your New Flooring Purchase

Why Pay More For Your Flooring?

Think about it.

When you purchase large ticket items for your home such as furniture, appliances, or the latest technology equipment and you put it on a credit card you are actually in most cases paying up to 20% more.

Especially when you consider that most people are paying upwards of 20% interest on their credit cards and running high balances that are impossible to pay off.

Understanding the Power of OPM: It Saves You Money

Are you familiar with OPM? OPM stands for Other People's Money and it's powerful.

When you use OPM, your buying power increases while saving you real money. OPM is simply the art of purchasing merchandise and paying it off with zero interest over an extended period of time.

You'll find options at Floor Decor Design Center that range from 12 months to up to 120 months with low 0% interest to 9.99% financing rates and no money down.

Select the Financing Option That's Best for You

Let's explore what these different flooring financing options look like using the Proposal Tool.

The Floor Decor Financing Proposal Tool

Rather than just take our word for it, you can use a helpful tool. With our easy Proposal Tool, you can select the payment option that best fits your financial needs.

In the scenario below, let's say you are looking to replace your existing flooring in your living room, dining room, family room, and kitchen with new hardwood flooring. 

>> See HOW TO CHOOSE THE RIGHT HARDWOOD FLOOR FOR YOUR HOME

With a total cost of $8,950, you could select from the three options provided. 

Financing Option 1

Option One consists of 6-months deferred interest with minimum monthly payments amounting to $199.04.

• Monthly Payments would be $199.04

Financing Option 2 

Financing Option Two is the equivalent of cash: 12 months of zero interest with no monthly payments. So, you would pay monthly payments of $174.93 over 72 months at an 11.99% APR.

• Monthly Payments would be $174.93

Financing Option 3

In Financing Option Three, you would pay $118.23 per month over 120 months at a 9.99% APR.

• Monthly Payments would be $118.23

Which Financing Option is Best for You and Your New Flooring?

With this example, you see the significant benefits that financing offers you with low monthly payments to replace all your flooring.

In many cases, your low monthly payments will be less than the average person's monthly cable bill.

Ultimately, what's most beneficial is that you're in charge of the option that's best for you.

Get Pre-Qualified for a Loan

You have one more option available for financing your flooring purchase: you can get pre-qualified for a loan from Lendvious. This is a fast and simple way to pay for your entire project. 

Applying for Financing Is Easy and Convenient!

Applying for your financing is simple. Just go to our website www.FloorDecorCT.com

Click on the financing page and apply for a Service Finance Company payment plan or a loan through Lendvious. 

• It takes less than 3 minutes to complete the process.
• It's paperless.
• The process is secure.

You will receive your answer in minutes in the privacy of your home. If you prefer you can also apply in the store.

READY TO apply for financing for your new floors?

Flooring is usually the largest investment you will make in your home. It defines your style, adds comfort, and, in most cases, increases the value of your home.

>> See CAN YOU IMPROVE THE VALUE OF YOUR HOME WITH NEW FLOORS?

With the added buying power of financing instead of a high-interest credit card, you can invest in the flooring of your dreams.

Think about it... would you be driving the car you drive today without financing options?

We invite you to visit one of our two showroom locations in Middletown or Orange to see what's available. 

Let us know of any questions in the comments or contact us.

We look forward to helping you.

Thanks for reading,

Janine & Michael

Note: We originally published this article on 05/27/2020, and have updated it.