Every spring, we hear some version of the same statement from local homeowners: "We'd love a new deck or screened porch, but we just don't have that kind of money sitting around right now." It's an understandable thought. A well-built outdoor living space is a real investment, and writing one check for the full amount isn't realistic for most families.
Here's the part many homeowners don't realize until they ask us directly: you don't have to pay all at once. Archadeck of Minneapolis offers financing options that let you build the deck, porch, screened porch or 3 season room you want now, then pay for it over time in manageable monthly payments. No draining your savings, no settling for a smaller version of your project, and no waiting three more summers to save up.
Why Financing Makes Sense for Minnesota Backyards
Our summer season here is short. Minneapolis area homeowners have a narrow window to enjoy their backyard each year. Waiting an extra year or two to save up cash means losing that time entirely, and outdoor living projects rarely get cheaper the longer you wait.
Financing lets you start now, instead of putting the whole project on hold until your bank account catches up.
The Financing Options Available Through Archadeck
Archadeck of Minneapolis Metro partners with Regions Bank to offer a few different ways to fund your project, all through our financing page. You can get pre-qualified without it affecting your credit score, and pre-qualification is good for 30 days with no obligation to move forward.
12 Month Same As Cash This option lets you borrow the full project cost with no interest charged at all, if the balance is paid off within 365 days of your funds being disbursed. It's a strong choice if you want to keep your assets invested longer before paying for your project and have a plan to do so within the time limit. If the balance isn't paid off in that window, a fixed rate of 19.99% APR applies going forward, with repayment terms that can stretch from 24 to 132 months.
5 Year Low Interest Loan A fixed rate of 7.99% APR over a 60-month term. This is a familiar loan length (similar to typical car loans) for homeowners who want predictable monthly payments and want the loan paid off in a shorter amount of time.
10 Year Low Interest Loan A fixed rate of 8.99% APR over a 120-month term. Stretching payments out over 10 years keeps the monthly amount as low as possible, which is helpful if you're financing a larger combination project, like a deck paired with a screened porch or 3 season room.
All of these are unsecured loans, meaning there's no home equity requirement and no appraisal needed. Terms, rates and promotions are subject to change and based on approved credit, so the numbers above should be treated as a snapshot rather than a guarantee. You can see the full current terms and pre-qualify on our financing page.
What Could This Actually Look Like? Example Monthly Payments …
Numbers are always easier to picture with real examples, so here's a rough look at how financing plays out at a few common project sizes we see across the Minneapolis metro. These figures are for illustration only, based on the published rate structure, and your actual project cost and payment will depend on your specific design, materials and site conditions.
A few things worth noticing in that table. First, stretching a loan out to 10 years roughly cuts the monthly payment compared to the 5-year term, which makes even a larger combination space, like a deck connected to a screened porch or a 3-season room, feel a lot more attainable on a monthly budget. Second, if you're able to pay off your balance within a year, the 12 month same as cash option means you pay exactly what your project costs, nothing more.
Combining Structures Without Combining Your Savings
One of the advantages of financing is that it opens the door to combination projects that might otherwise feel out of reach if you were paying cash. A deck that flows into a porch, or a screened porch that connects to a 3-season room for year-round use, tends to add more everyday value than any single structure on its own. Instead of building one piece now and hoping to add the rest "someday," financing lets you build the full vision from the start and simply spread the cost across manageable payments.
Getting Started With Archadeck of Minneapolis
The process is simple. You reach out for a complimentary design consultation, we talk through what you're picturing for your deck, porch, screened porch, 3 season room or a combination of these, and once you have a project cost in hand, you'll know exactly how much you'd want to finance. From there, you can pre-qualify in a few minutes on our financing page without any impact to your credit.
Don’t keep putting off the backyard you want! Give us a call or get started here to schedule your design consultation, and we'll help you figure out both the design and the numbers!
Rates, terms and promotions referenced above are provided by Regions Bank, Member FDIC, subject to change and based on approved credit. Please visit our financing page for full, current terms and conditions before making any borrowing decisions.
