Flexible Payment Options
Affordable Monthly Payments for Your New System
A new heat pump or AC system is one of the best investments you can make in your home. It shouldn't be one of the most stressful. We work with financing partners that offer monthly payment plans so you can get the system you need now and pay over time.
Simple Process
How Financing Works
1
Get Your Estimate
We visit your home, evaluate your system, and give you an exact price for the work. No cost for the estimate, no obligation.
2
Choose a Payment Plan
We’ll walk you through your financing options right there. Monthly payments, promotional rates, term lengths. You pick what fits your budget.
3
We Handle the Rest
Once approved, we schedule your installation. You make monthly payments to the financing company, not to us. Simple.
Full Coverage
What's Covered
Financing covers the full project cost: equipment, labor, permits, and materials. You're not financing just a piece of hardware. You're financing a complete, professionally installed system with a warranty.
Most plans cover projects from $2,500 to $25,000 or more. Whether it's a single ductless mini-split or a whole-home heat pump conversion, there's a plan that fits.
- ✓Heat pump installations and conversions
- ✓Central AC replacements
- ✓Furnace and boiler replacements
- ✓Ductless mini-split systems
- ✓Indoor air quality equipment
- ✓Ductwork modifications
- ✓Electrical panel upgrades (when needed for heat pump installs)
Options
Your Financing Options
We're partnered with financing companies that specialize in home improvement projects. Multiple options means we can find a plan that works for your credit situation and your budget.
Promotional Rates
Promotional Rate Plans
Hearth's lender network runs promotional rate offers from time to time, available to qualified homeowners and subject to credit approval. Whether one is available to you, and at what rate and term, is decided by the lender when you apply. We will show you what you actually qualify for before you commit to anything.
Typical terms: 12 to 60 months
Best for: Homeowners who can pay the balance down quickly
Predictable Payments
Fixed Monthly Payment Plans
Fixed rate, fixed payment, no surprises. Spread the cost over 3 to 10 years with a consistent monthly payment. Rates and terms depend on credit and project size.
Typical terms: 36-120 months
Best for: Homeowners who want low, predictable monthly payments
Flexible Approval
Flexible Approval Options
Credit challenges don’t have to stop you from getting the system your home needs. Hearth submits your application to a network of lenders, and some of them consider a wider range of credit profiles than a single bank would. Approval, rate, and term are always the lender’s decision.
Typical terms: Vary by lender and program
Best for: Homeowners who’ve been turned down elsewhere
Financing is arranged through Hearth, our lending partner. Hearth is a marketplace that submits your application to a network of lenders. Patchogue Heating and Air Conditioning is not the lender and does not make credit decisions or set rates. All financing is subject to credit approval, and your rate, term, and monthly payment are set by the lender that approves you.
Representative example: $11,000 financed at 6.99% APR for 84 months is 84 monthly payments of $166, a total of payments of $13,944. This is an example, not an offer or a quoted rate.
What Does a Monthly Payment Look Like?
A typical heat pump installation
$15,000
$11,000 after a confirmed $4,000 PSEG Long Island rebate
For example
$166/month
$11,000 financed at 6.99% APR over 84 months. Your own rate, term, and payment come from the lender that approves you.
Every proposal we send includes a monthly payment option alongside the full price, so you always know both numbers. We take every rebate PSEG confirms you for off the top before we calculate your financing amount. You finance the net cost, not the sticker price.
Representative example: $11,000 financed at 6.99% APR for 84 months is 84 monthly payments of $166, a total of payments of $13,944. This is an example, not an offer or a quoted rate. Financing is arranged through Hearth, our lending partner, and is subject to credit approval. Patchogue Heating and Air Conditioning is not the lender.
Rebates First
Rebates Come Off First
Here's something a lot of homeowners don't realize: rebates reduce the amount you finance, not just the total cost. If your heat pump installation is $15,000 and PSEG confirms you at the $4,000market rate tier, you're only financing $11,000. That's a meaningfully lower monthly payment.
The PSEG Long Island Home Comfort heat pump rebate is one program with three tiers, set by household income and by your service address: $4,000 at the market rate, $5,000 for moderate-income households or addresses in a disadvantaged community, and $7,500 for low-income households. PSEG decides which tier you land in, not us, so we quote the market rate until yours is confirmed. We handle the application either way.
Common Questions
Financing Questions
Pre-qualification through Hearth generally uses a soft credit check, which typically does not affect your score. A full credit check happens only when you decide to move forward with a specific lender’s offer. Hearth and the lender tell you which kind of check they are running before you apply, so you are never guessing.
Usually yes. Many of the lenders in Hearth’s network don’t charge a prepayment penalty, but the terms vary from lender to lender and we can’t promise it for every offer. Check the prepayment section of your loan agreement before you sign, and ask us if anything on it isn’t clear.
It depends on the program. Some plans require good to excellent credit (680+), while others work with a wider range of credit profiles. We’ll help you find the right option during your estimate visit.
Hearth submits your application to a network of lenders rather than just one, so a decline from a single lender isn’t the end of it. If nothing comes back that works for you, tell us. We can look at scaling the project down to the equipment your home needs most, and we’ll make sure every rebate PSEG confirms comes off the price first.
Most applications get a decision within minutes. You can apply on-site during your estimate visit or from home using a link we send you.
No. You make payments directly to the lender. Financing is arranged through Hearth, our lending partner, and Hearth passes your application to a network of lenders. We complete the installation. We are not the lender, we don’t make the credit decision, and we don’t set your rate or term.
Absolutely. In fact, that’s what we recommend. Rebates reduce the total project cost, which means a smaller loan and lower monthly payments. We handle the rebate paperwork for you.
Financing is typically for larger projects like system replacements and installations ($2,500+). For smaller repairs, we accept all major credit cards and offer flat-rate pricing so you know the cost before we start.
Want the numbers before the payment plan? Start with our HVAC prices or the full HVAC FAQ.
Ready to See Your Options?
We include financing options on every estimate. No commitment, no pressure. Give us a call and we'll set up a free visit.