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Kitchen remodel financing: personal loan vs. home equity compared
For kitchen remodels under about $100,000, an unsecured home improvement loan compared across multiple lenders (representative 6.99%–25.99% APR, 36–144 months) funds in days without an appraisal or lien. A home equity loan or HELOC usually carries a lower rate but takes 3–6 weeks and uses your home as collateral, so it fits larger, less time-sensitive projects.
What kitchens cost to finance
A mid-range kitchen remodel averages $30,000–$60,000; a full gut with layout changes can exceed $100,000. Because these are planned projects, homeowners have time to compare financing carefully — and the savings from doing so can run into the thousands.
Personal loan vs. home equity for a kitchen
| | Unsecured home improvement loan | Home equity loan / HELOC |
|---|---|---|
| Time to fund | 1–3 business days | 3–6 weeks |
| Collateral | None | Your home |
| Closing costs | None on most lenders | Often $1,000–$3,000 |
| Representative APR | 6.99%–25.99% | Often lower, variable on HELOCs |
| Best for | Projects under $100k, fast timelines | Very large projects, longest terms |
Staged funding for longer projects
Some lenders release funds in stages as the remodel progresses — useful when a contractor bills at demolition, cabinet install and completion. Ask whether a lender offers milestone disbursement before choosing.
Example payment
$45,000 at 8.49% APR over 120 months is about $558 per month.
Rates, terms and eligibility
APR ranges shown are representative across our participating lenders as of our most recent quarterly review and vary by lender, credit profile, loan amount, term and state. Lattice Lending is not a lender and does not make credit decisions. Comparing offers uses a soft credit pull that does not affect your credit score.
Representative rates and terms
| Representative APR | 6.99%–25.99% |
|---|---|
| Terms | 36–144 months |
| Loan amounts | $10000–$100000 |
Kitchen Remodel financing questions
Can I finance appliances in a kitchen remodel loan?
Yes. Loans on our platform can cover the full project scope, including appliances, fixtures, permits and design fees, up to the lender's maximum.
Does a kitchen remodel increase home value enough to justify a loan?
Mid-range kitchen remodels typically recoup 60%–80% of cost at resale according to industry cost-vs-value surveys. Financing decisions should weigh both resale and the years of use you will get from the space.