Hot tubs are a simple luxury that can make your home feel like a spa. But with many models costing $5,000 or more, you may want to consider your financing options to help spread out the cost.
Hot tubs cost anywhere from $3,000 for a basic hot tub to $10,000 or more for a luxury model — it depends on the quality of the brand you choose, the hot tub’s features and any additional accessories.
In the table below, we outline a few standard hot tub costs and interest rates you can expect for a 4-year loan term. For more detailed price comparisons, you can also use our calculator to estimate the exact cost of financing your hot tub.
$1,000 |
6% |
$23.49 |
$1,127.28 |
$1,000 |
12% |
$26.33 |
$1,264.02 |
$1,000 |
20% |
$30.43 |
$1,460.66 |
$2,500 |
6% |
$58.71 |
$2,818.20 |
$2,500 |
12% |
$65.83 |
$3,160.06 |
$2,500 |
20% |
$76.08 |
$3,651.64 |
$5,000 |
6% |
$117.43 |
$5,636.41 |
$5,000 |
12% |
$131.67 |
$6,320.12 |
$5,000 |
20% |
$152.15 |
$7,303.29 |
$10,000 |
6% |
$234.85 |
$11,272.81 |
$10,000 |
12% |
$263.34 |
$1,2640.24 |
$10,000 |
20% |
$304.30 |
$14,606.57 |
$15,000 |
6% |
$352.28 |
$16,909.22 |
$15,000 |
12% |
$395.01 |
$18,960.36 |
$15,000 |
20% |
$456.46 |
$21,909.86 |
| Your loan |
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| Loan amount |
| $ |
| Loan terms (in years) |
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| Interest rate |
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Compare personal loans now| Principal | $ |
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| Interest | $ |
| Total Cost | $ |
Hot tub installation costs an average of $150 to $500, according to HomeAdvisor. Prices vary widely depending on the product. Wooden and acrylic tubs, and built-in tubs, may have installation costs of $4,000 to $20,000.
Depending on the hot tub, home spa or jacuzzi you’re looking at, you can finance it one of three ways.
Many hot tub dealers don’t list exact prices online. Instead, the final cost depends on several factors, including:
It depends on the standard warranty your manufacturer offers, how much your hot tub costs and how you plan on using it. For infrequent use and more inexpensive tubs, sticking with the standard warranty — and avoiding the additional cost of an extended warranty — may be worth it. But if you want a warranty that covers parts and work that the manufacturer’s limited warranty doesn’t, consider investing in an extended warranty.
However, keep in mind that extended warranties mean extra cost. If you finance your warranty, you’ll be paying extra interest on something you may not use. Like an extended warranty on a car, the cost to have the extended warranty may not actually save you money. Look up the average cost to repair your model. If it’s less than the extended warranty, consider building up your savings instead.
Take your time exploring hot tubs, features and accessories to get the best price. And before you sign up for store financing, compare your personal loan options to see if you can score a lower APR.
The maintenance cost for a hot tub varies widely by area and use. Between heating the water, draining and refilling the tub, cleaning and repairs, you may need to pay $100 or more every month. Your dealer should have more information about how much you can expect to pay for a specific model in your area.
Yes, but you probably won’t get a competitive interest rate. You might want to take the time to improve your credit score before making the purchase.
Using rent-to-own programs may not be the best financial decision. While the weekly payments appear inexpensive, interest and fees on your purchase can quickly add up — often costing double or triple the actual value of the item. Since a hot tub isn’t a necessity, you may want to build your savings and purchase it outright if you aren’t able to qualify for dealer financing.
Considering a loan from Reprise Financial or OneMain Financial? Check out our side-by-side comparison first.
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