Financing Options
Financing Options | Tankless Water Heater Install | Plumbing | Oakdale
Thinking about an upgrade that slashes energy bills and never runs out of hot water? HEP makes it easy for Oakdale homeowners to switch with a professional tankless water heater install that’s backed by decades of plumbing expertise. Our certified technicians handle everything—removal of the old tank, precise installation, and final system checks—so you’re left with endless comfort and none of the hassle.
Worried about the upfront cost? Don’t be. HEP’s flexible financing options let you spread payments over time with low monthly rates, zero-down choices, and fast approvals, often in minutes. Pair peak performance with a plan that fits your budget, enjoy long-term energy savings, and start feeling the difference in your utility bills right away.
FAQs
What financing plans are available for a tankless water heater installation in Oakdale?
We partner with reputable lending partners to offer several options, including 6-, 12-, 24- and 60-month installment loans, as well as revolving credit lines that work like a credit card. Most customers choose either 0% APR for 12 months (same-as-cash) or low fixed APR plans that spread payments over up to five years.
How do I qualify for financing on my new tankless unit?
Qualification is based on a quick soft-credit check, your income, and proof that the installation address is in Oakdale or the surrounding area. The online application asks for basic personal information and usually returns a decision within minutes. Homeowners with credit scores of 600 or higher typically receive multiple offers, but we also have secondary programs for lower scores.
Is a down payment or minimum purchase amount required?
There is no mandatory down payment for most plans, and financing is available on projects as low as $1,000. However, placing 10–20% down can lower your monthly payment and may improve your approval odds. Your comfort advisor will show you side-by-side comparisons during the estimate.
What interest rates or promotional terms can I expect?
Promotions change seasonally, but we currently offer 0% interest if the balance is paid in full within 12 months and fixed rates starting at 6.99% APR for longer terms. All rates are simple interest—no retroactive interest or hidden fees. Your exact rate depends on creditworthiness and the length of the term you choose.
Can I pay off my loan early without penalties?
Yes. All of our lending partners allow early or extra payments at any time without prepayment penalties. Paying ahead of schedule reduces the total interest you pay and helps you own your new tankless system sooner.
How do I start the financing process and schedule installation?
During your free in-home estimate, our technician can text or email you a secure application link. You’ll complete it on your phone or computer, receive an approval decision in minutes, and select the plan you prefer. Once you accept the terms, we can usually schedule your tankless water heater installation in Oakdale within 48 hours.