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How to finance a gun safe

Safety is a key component to responsible ownership — and it can be affordable.

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A gun safe is a key way to ensure that your firearms are secure. And while there are multiple financing options available, the price you pay depends on what type of safe you choose to purchase.

How can I finance a gun safe?

There are four common ways to finance a gun safe:

  • Personal loan. You may be able to take out a loan for more expensive guns safes or safes that can hold a large collection. Loans tend to have lower rates, but you'll typically need to borrow at least $1,000 to qualify.
  • Credit card. Look for a credit card with a long 0% interest intro period to help you pay off a gun safe without the fees of a more traditional loan. Just be sure to pay it off before your intro period expires.
  • Seller financing. Many retailers offer in-house or third-party financing for their products. You might even qualify for 0% interest for up to 12 months or longer — which can save you hundreds of dollars in interest.
  • Payment plan. Some retailers offer layaway programs that allow you to make small monthly payments toward your gun safe before picking it up. It requires patience but can end up being the least expensive option.

Can I buy a gun with a loan?

Yes, many lenders allow you to purchase a gun with a loan. And many retailers offer in-house financing. Depending on the laws of your state, county or city, you may be required to attend specialized classes or request a permit to complete your purchase.

How much does a gun safe cost?

It depends on the size of safe you need, its locking technology and other factors. A gun safe with fingerprint recognition, storage for 20 or more rifles and multiple hours of fire resistance will cost more money than a basic safe for a handgun.

  • Handgun safes. You can find key-entry safes designed to hold a single handgun for under $60. Whereas safes that use biometrics and can hold important documents can cost well over $300 — with a few top safes coming in at the $600 mark.
  • Full-size safes. How much storage you need determines the price of safes meant to hold rifles, shotguns and other firearms with long barrels. Gun safes designed to hold a collection of 12 to 14 typically start at the $600 to $700 mark. For larger collections, expect to pay anywhere from $1,500 to $7,000.

Compare personal loan options

To finance your safe with a personal loan and get the best rate, Sart by selecting your credit score range and state. Then click Show me my personalized options.

Data indicated here is updated regularly

Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible personal loans
4.99% to 35.99%
Fair to excellent credit
$100,000
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
SoFi personal loans
5.99% to 18.53%
680
$100,000
A highly-rated lender with competitive rates, high loan amounts and no fees.
Upstart personal loans
8.69% to 35.99%
580 or 600 depending on state of residence
$50,000
This service looks beyond your credit score to get you a competitive-rate personal loan.
LendingTree personal loans
Starting from 3.99%
Good to excellent credit
$50,000
Receive up to five loan offers in just minutes through LendingTree's simple online form.
NetCredit personal loans
34% to 155%
No minimum
$10,500
Check eligibility in minutes and get a personalized quote without affecting your credit score.
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Compare up to 4 providers

4 tips to keep your firearms secure

Beyond a safe, you can ensure the safety of your household in four key ways.

  1. Keep your guns unloaded. Each gun should be checked for ammunition or other obstructions in the barrel, unloaded and stored with the safety on when not in use.
  2. Store ammunition separately. Place your ammunition and magazines in a separate, locked safe to create an additional barrier between your guns and unsupervised use.
  3. Use trigger locks. Trigger locks are a simple and affordable way to prevent guns from being loaded or from discharging. Consult your retailer for the best option to keep your guns safe.
  4. Place your safe away from children. Place smaller safes in out-of-reach areas, like your closet, and larger safes in a child-free area of your house, like a garage.

Bottom line

Keeping your guns secure is a critical responsibility of firearm ownership. Learn more about borrowing without breaking the bank in our guide to personal loans.

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