Renovate works with reputable contractors who offer affordable and flexible financing options so you can add an insert, build a wood burning firebox, or repair your existing fireplace. Loan amounts and terms for fireplaces vary based on your creditworthiness and the companies that offer financing.
Several options are available for installing fireplaces, depending on your preferences, space, and budget. While Renovate’s contractors have experience installing many types of fireplaces, these are the most popular ones:
The average cost of installing a fireplace in the United States is approximately between $940 - $4,212. However, prices can range from $200 for a small electric fireplace to over $10,000 for a vented gas fireplace. Your total costs will depend on the fireplace type, the installation complexity, and your location. Here is a breakdown:
| Type of Fireplace | Estimated Cost |
| Gas Fireplace | $2,500–$8,000 |
| Wood-Burning Fireplace | $1,300–$5,900 |
| Electric Fireplace | $200–$2,200 |
| Ethanol Fireplace | $700–$2,500 |
In many cases, fireplace installation costs involve adding ventilation, installing a gas line, or masonry work for the firebox:
| Additional Installation Work | Estimated Cost |
| Gas Line Installation | $1,000–$3,500 |
| Wiring | $140–$250 |
| Ventilation | $200–$5,000 |
| Labor | $220–$2,200 |
| Materials | $500–$4,000 |
Fireplaces can enhance your home’s comfort and aesthetic, but they must be properly maintained to prevent long-term damage and costly repairs. That’s why we partner with experienced contractors with the know-how to resolve the following common fireplace issues:
Before deciding to finance your indoor or outdoor fireplace installation, you should consider the following key factors to ensure you spend wisely on the right products:
Fireplaces come in all sizes and configurations, so it’s important to visualize where you want to install a fireplace and decide whether one product is better than another. For instance, outdoor fireplaces often require additional preparation, such as landscaping or additional gas lines, to accommodate the structure.
Similarly, your home might require adding a chimney or interior firebox if the space doesn’t already have a structure. It’s important to discuss your visions with your contractor, like the ones in Renovate’s network, to ensure that your plans can accommodate the type of fireplace you want.
What is the intent of your fireplace? If the goal is to use it as a heating element, you’ll need to choose a product known for output and efficiency. Some models, like wood-burning or masonry fireplaces, are more efficient at heating larger spaces, while electric units may only provide supplementary heat (while using a lot of energy).
Compare several models and determine features to prioritize, such as fuel type, efficiency grade, and output (sometimes referred to as BTU).
Fireplaces, particularly wood-burning and gas units, require ongoing maintenance to ensure their safety and efficiency. Wood-burning fireplaces require regular chimney cleanings and inspections. Gas fireplaces may need periodic checks by a professional to prevent leaks.
A skilled fireplace contractor can help you factor in maintenance requirements based on your preferred type, including fuel availability and its ongoing costs. Consider what fuel types are most accessible in your area and their local rates to ensure you can actually use the system.
Aside from streamlining the research and funding process, Renovate offers several additional advantages. Below are the main benefits of using Renovate for fireplace remodel financing:
Renovate uses its extensive and trusted network of professionals to connect you with affordable financing. This unlocks more opportunities to score competitive interest rates, flexible loan amounts, and various repayment terms so you can find the best solution for you.
Masonry is a specialized craft, and repairing fireplaces can be complex. Luckily, Renovate maintains relationships with reputable fireplace contractors, making it easier to connect with local skilled professionals who specialize in this area and also offer financing.
We understand that not everyone has perfect credit. That’s why we’ve partnered with inclusive institutions that offer more opportunities for homeowners with less-than-perfect credit profiles. Flexible financing options allow you to secure financing that fits your budget and project size.
Applying for a loan for your fireplace project using Renovate is quick, easy, and done entirely online. Simply provide some basic information about yourself, your finances, and your project, and you may receive a pre-qualification offer within minutes.
Financing a fireplace allows you to spread the cost of installation or renovation over time, making it more accessible and affordable. With flexible loan terms and competitive interest rates, you can update your home without draining your savings or hurting your budget.
Applicants typically need a credit score and proof of steady income and employment to qualify for financing. Lenders may also consider your debt-to-income ratio and employment status. Generally, applicants with higher credit scores receive the best terms, but homeowners with varying credit profiles can qualify for fireplace financing.
Most reputable financing companies will outline their terms and upfront costs during the application process, including interest rates, late fees, and underwriting charges. Always review the loan agreement before committing to ensure you fully understand the terms.
A licensed contractor can inspect your fireplace during installation to ensure it is safe and functional. Homeowners must perform regular maintenance to keep the fireplace in working order, including cleaning chimneys and checking for gas line leaks. For added peace of mind, consider installing safety features like carbon monoxide detectors.
