Building a new custom deck in 2025 is an exciting way to enhance your outdoor living space, boost property value, and create a perfect spot for relaxation or entertaining. However, the cost of a custom deck—ranging from $5,000 to $25,000 or more depending on size, materials, and features—can be a significant investment. Fortunately, various financing options are available to make your dream deck a reality without straining your budget. Deck Unique, your trusted deck builders serving Hickory and the surrounding region since 2015, is here to guide you through the process. Reach out to our team today to schedule your FREE estimate!
1. Home Equity Loans
A home equity loan allows you to borrow against the equity in your home, typically offering fixed interest rates and terms of 5–15 years. In 2025, interest rates for home equity loans are competitive, often ranging from 6% to 9%, depending on your credit score and market conditions. These loans provide a lump sum, ideal for covering the full cost of your deck. However, your home serves as collateral, so timely repayments are crucial to avoid foreclosure risks.
2. Home Equity Line of Credit (HELOC)
A HELOC functions like a credit card, giving you access to a revolving line of credit based on your home’s equity. In 2025, HELOCs typically have variable rates, averaging 7%–10%, but some lenders offer fixed-rate options. This flexibility allows you to draw funds as needed during deck construction, paying interest only on what you borrow. HELOCs are ideal for phased projects but require careful budgeting to manage fluctuating payments.
3. Personal Loans
Personal loans are unsecured, meaning no collateral is required, making them a popular choice for deck financing. In 2025, personal loan rates range from 6% to 15% for borrowers with good credit (670+ credit score). Loan amounts typically cap at $50,000 with terms of 1–7 years. While rates may be higher than home equity options, personal loans offer quick approval and flexibility, perfect for smaller deck projects. Shop around for lenders with no prepayment penalties.
4. Credit Cards
For smaller decks or partial funding, credit cards with 0% introductory APR offers (lasting 12–18 months in 2025) can be a smart choice. These allow you to finance materials or labor without interest if paid off within the promotional period. However, high post-introductory rates (15%–25%) make this option less suitable for large projects unless you can clear the balance quickly.
5. Contractor Financing
Many deck builders, including Deck Unique, partner with lenders to offer in-house financing. In 2025, these programs often include low- or no-interest plans for 6–24 months or longer-term loans with fixed rates. Contractor financing simplifies the process, as Deck Unique can connect you with trusted lenders during your FREE estimate, tailoring payment plans to your budget.
Choose Deck Unique for Your Deck Project
Financing a custom deck in 2025 is more accessible than ever with options to suit various financial situations. Deck Unique’s expertise ensures a high-quality deck that enhances your home’s value and enjoyment. Reach out to our team today to schedule your FREE estimate and explore financing solutions to bring your vision to life!
Deck Unique is your trusted deck builder serving Hickory and all of the following counties: Catawba, Caldwell, Alexander, Lincoln & Iredell Counties. We provide professional, custom deck construction services to homeowners around the Hickory region. If you are considering a new custom wood or composite deck, feel free to reach out to our team today to schedule your FREE estimate. Learn more about us here. We look forward to the opportunity to serve you!
If you are interested in scheduling a FREE in-home consultation, you can call us at (828) 999-2683 or fill out the form on this page.