Should You Refinance to Build a Pool?
With the COVID-19 pandemic leaving many public pools closed this summer, more and more homeowners are considering getting their own pool. But with the installation of an inground pool running anywhere from $28,000 to $55,000, this can be an expensive—albeit rewarding—prospect. Should you fund your swimming pool through a cash-out refinance, a home equity loan or line of credit, or some other means? Learn more about the advantages and disadvantages of your various financing options.