Do Appliance Loans Cover the Cost of Kitchen Appliances?
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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Are Appliance Loans?
Can You Pay for Kitchen Appliances With an Appliance Loan?
What Does a Kitchen Appliance Loan Cover?
Refrigerators
Dishwashers
Ovens
Microwaves
Cooktops or stovetops
Kitchen sinks
Ranges
Typical Requirements for Appliance Loans
What Is the Average Cost of Kitchen Appliances?
Price of Kitchen Appliances
Kitchen Appliance Repair Cost
How Often Should You Replace Appliances?
Factors That Affect the Cost of New Kitchen Appliances
Brand
Quality
Energy Efficiency
Rebates
Supply & Demand
Other Ways to Finance the Purchase of Kitchen Appliances
Credit Cards
Personal Lines of Credit
Personal Loans
Home Equity Loans
In-Store Financing
The Takeaway
Frequently Asked Questions
About the Author
Sulaiman Abdur-Rahman writes about personal loans, auto loans, student loans, and other personal finance topics for Lantern. He’s the recipient of more than 10 journalism awards and currently serves as a New Jersey Society of Professional Journalists board member. An alumnus of the Philadelphia-based Temple University, Abdur-Rahman is a strong advocate of the First Amendment and freedom of speech.
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