Last updated: 2026-04-01Category: Roof Financing Statistics
Key Statistics Summary
Roughly 40% of U.S. roof replacements are financed, primarily through home equity products.
Key Numbers
Share of roofs financed
~40%
Average financed amount
$12,800
Typical APR range
7-15%
Most common term
10 years
Industry Context
Contractor-arranged personal loans are growing fastest in the financing mix.
Methodology
Read more in our Methodology and Sources pages.
Data Sources
- Federal Reserve consumer credit data
- Lender disclosure filings
Frequently Asked Questions
Is roof financing tax deductible?
Interest on home equity products used for home improvements may be deductible; consult a tax advisor.