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ROOFING FOR THE SOL

Benefits of Roof + Solar:

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Compare Cash, Finance

MONEY

Compare Cash and Finance Options

Payback Schedule Roof + Solar

Cash and Financed

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Roof, Cash

Roof + Solar, cash

Roof + Solar, financed

Roof, financed

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Pay Cash

Asphalt Shingle Roof

Cash

Buying a roof is an expense. You spend an estimated $21k and it turns into a roof. You can see above, on day 1 you are net negative an estimated $21k.

FINANCE A ROOF WITH CASH:

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Asphalt Shingle Roof

Finance

Financing a roof is an expense that keeps on taking. With a 10-year, 5% loan on $21k, you will end up paying an extra $10k+ in loan fees, but your house will be warm and dry. You can see above at the end of your roof you are net negative $32,409.

FINANCE A ROOF:

Get a Loan

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Pay Cash

BUY A ROOF + SOLAR WITH CASH: 

Asphalt Shingle Roof + Solar

Cash

Buying a roof with solar is an investment. It pays you back for what you spend on it and then keeps paying you once it has paid itself off.
And your house is warm and dry. You can see above that in the life of your roof you are net positive over $32,000.

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Asphalt Shingle Roof + Solar

Finance

Financing a roof with solar is also an investment. In this option, when you consider the monthly energy earnings, you will pay less for a roof + solar than you will for a roof alone. You can see above at the end of your roof's life, you are net positive about $18,867.

FINANCE A ROOF + SOLAR:

Get a Loan

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Payback Schedule Roof + Solar

Cash 

Roof, Cash

Roof + Solar, cash

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This is the difference of $ in your pocket after 25 years when you buy a roof vs when you buy a roof with solar. It's about $31,000.

You could buy a Nissan LEAF with that money and breathe easier knowing you'll save another $1,000/ year on gas and maintenance.

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Payback Schedule Roof + Solar

Financed

Roof + Solar, financed

Roof, financed

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This is the difference of $ in your pocket after 25 years when you finance a roof vs when you finance a roof with solar. It's about $30,000.

With that money you could put a down payment on your vacation home!

When you know the facts, the decision is easy.

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