Renovate works with reputable contractors offering competitive, flexible financing options that fit your budget and project.
For example, if you need heating and air conditioning financing for a system that costs $6,000 at an APR of 10% over 24 months, you would pay around $277 per month. Your total cost over the life of the loan would be roughly $6,645.
Our HVAC contractors can help you find and install the right type of HVAC system for your home. The heating and air conditioning system they recommend will depend on your local climate, the size and layout of your house, and your budget.
On average, a new HVAC system can cost $5,000 to $12,500 or more. Your final HVAC replacement cost will depend on factors such as the size and layout of your house, your existing ductwork (or lack thereof), your preferred HVAC system, and the complexity of the project.
Here’s an in-depth breakdown of the costs to purchase, install, and maintain an HVAC system:
The cost to replace or add an HVAC system to your home will fluctuate widely depending on the type of unit you choose.
| HVAC System Type | Estimated Cost |
| Traditional split | $3,000–$8,000 |
| Hybrid split | $3,000–$15,000 |
| Ductless (mini-split) | $2,000–$3,000 per unit |
| Geothermal | $4,200–$12,500+ |
In addition to the unit itself, HVAC contractors may charge additional labor fees to complete the installation or add desired upgrades to your system.
| Size | Estimated Cost |
| Labor costs | $80–$210 per hour |
| Adding ductwork | $10–$20 per linear foot. |
| Adding air vents | $300–$750 |
| Smart thermostats | $120–$260 |
| UV lights | $100–$1,000 |
Keeping your HVAC system running smoothly requires annual maintenance. You can tackle some services yourself, but others are best left to a professional technician. Here are the most common service, repair, and maintenance costs.
| Service Type | Estimated Cost |
| Service call fee (emergency included) | $75–$250 |
| Yearly inspection | $70–$450 |
| Heat pump, furnace, or AC tune-up | $70–$250 |
| Fan motor replacement | $150 $2,400 |
| Ignitor replacement | $150–$300 |
| Thermostat issues | $100–$250 |
| Clogged valves and lines | $50–$350 |
| Air compressor replacement | $1,350–$2,300 |
| Refrigerant leak | $225–$1,600 |
| Duct cleaning | $250–$1,000 |
We can help you avoid common HVAC problems by connecting you with an experienced, licensed contractor. Here are some of the common issues that impact your air conditioner, furnace, and ductwork they will guide you through:
Understanding all the cost factors and options available for HVAC systems can quickly become overwhelming. That’s why we only partner with HVAC companies and contractors who know the ins and outs of HVAC installation.
Here are some aspects they’ll help you consider before starting an installation or repair:
You should choose your new heating and cooling system based on the climate in your area and how well the system performs in the seasonal extremes. For example, a split system that uses a heat pump will handle extreme climates better than a geothermal system that’s better suited to more temperate climates.
The larger your home, the bigger your system must be to adequately regulate indoor temperatures. Our top-rated contractors know which calculation method to use to determine your home’s square footage and HVAC size.
Purchasing an air conditioner with a higher SEER rating will help reduce your heating and cooling bills over time. HVACs with higher SEER values use less electricity to cool and heat your home, making them more efficient.
SEER ratings of 14 or higher are considered good, and SEER ratings of 16 or higher qualify for the ENERGY STAR rating. However, minimum required SEER ratings vary by region. Renovate’s network of contractors will help you find a unit with the recommended energy ratings for your location.
Your home’s ductwork — the tubes that move the heated and cooled air throughout the home — will determine a large portion of your HVAC replacement costs.
The existing ductwork may be sufficient for a new HVAC system, but if it needs to be replaced or extended to accommodate a new unit or make repairs, you may need to increase your budget. We only work with experienced contractors who ensure your home is set up to work alongside the AC or furnace you choose.
Before adding an HVAC system, you may need a permit to comply with local building codes. Your contractor can determine whether your municipality requires them and help pull the necessary permits prior to installation.
Renovate’s experienced contractors can also determine where to place your unit to comply with local zoning laws and eliminate potential HVAC safety hazards.
Renovate simplifies the process of finding HVAC financing deals, including air conditioner financing. Here are some additional benefits of getting preapproved for HVAC loans with Renovate:
Renovate’s HVAC contractors offer financing options through a network of financial institutions. Your offers will have competitive interest rates, flexible loan amounts, and multiple terms, so you can choose the loan that fits your budget and project size.
Renovate connects homeowners with reputable, pre-screened HVAC contractors and direct financing options. Whether you’re looking for AC unit financing or HVAC repair financing, we’ll show you best-in-class contractors who can offer a flexible financing solution.
It’s free to use our financing request form and connect to an HVAC contractor or company. Our inclusive lender network opens more financing opportunities to property owners with varying credit profiles.
With Renovate, you may get a pre-qualification offer in minutes. Submit your request using our online form, and we’ll try to connect you with contractors who offer HVAC financing that makes getting your system quick and easy.
You have several options for securing heating and AC financing, including personal loans, home improvement loans, and home equity loans from banks. Some HVAC companies may offer lease-to-own options or private financing through qualified merchants. These offers will vary by lender and loan type.
The price you’ll pay to replace your HVAC system depends on the type of unit you install and the system’s size. The labor needed to install the system will also affect your overall costs, such as modifying existing ductwork, applying for permits, or adding materials like concrete pads or wiring to complete the installation.
Securing HVAC financing requires a credit check. Instead of a hard credit check, some lenders will let you finance an HVAC system with less-than-perfect credit using a soft credit check to determine your creditworthiness. You may be able to secure HVAC financing with bad credit, but the interest rates and fees will be higher. Whether you qualify for HVAC zero percent financing or other terms will depend on your income, employment status, banking history, and overall debt.
The average cost of a new heating system is between $2,800 and $6,700 but can extend upwards of $9,500. The final cost of your furnace will depend on the size of the unit (BTUs needed) and whether you choose a natural gas, electric, or oil system.
Unfortunately, installing a new HVAC system is usually a big expense you can’t avoid — and DIY replacements are not recommended. However, you can save money by replacing your system during HVAC slow seasons like spring and fall. Get multiple estimates from reputable HVAC contractors and ask about ways you can keep costs low. You may also qualify for rebates through your state and local government or the manufacturer and tax credits on HVAC equipment.
