How Much Does Roof Replacement Cost 2024 Prices

A home equity loan uses the equity in your home to borrow against, using the home as collateral. Also referred to as a second mortgage, it’s often used for large home-related expenditures, like replacing a roof. Payments and terms on a home equity loan are similar to that of any standard loan with a fixed interest rate, but the interest may be tax-deductible. Though replacing a roof is not a small expense — and not the sort of project you should skimp on — there are ways to make it more affordable. The offers that appear on this site are from companies that compensate us.

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