The essentials of swimming-pool financing

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Adding a swimming pool to the backyard may boost both the resale value and the overall enjoyment you receive from your home. There are significant upfront and ongoing expenditures associated with owning a pool, so it’s important to give the decision some careful consideration before making any purchases.

Having a swimming pool installed requires a significant financial outlay, and that doesn’t even account for the cost of regular maintenance and care. The cost of having a swimming pool built depends on a number of factors, including the size of your yard, the proximity of your home to the pool company, and the maintenance plans that the company offers. This means that the final price of building your pool might be much more than the one the pool dealer projected in pool financing.

If you don’t have tens of thousands of dollars saved away, you may get a loan to cover the expense of having a swimming pool installed in your backyard. A loan might be used to fund the installments of a swimming pool’s construction.

A summary of the most important information

  • Above-ground pools cost on average about $11,000, whereas in-ground pools may cost as much as $85,000 or more.
  • The average annual cost of maintaining a swimming pool is $3,000 to $5,000.
  • There are four million people in the United States who have their own swimming pool.
  • When you add in the expense of running the pump for your swimming pool per year, you might easily spend $300.
  • Water use might rise by $60 to $120 per month after installing a swimming pool.
  • An in-ground pool will set you back around three times as much as an above-ground pool.

The Cost of Installing an Aboveground Pool

The final cost of establishing a swimming pool may be affected by a variety of variables, such as the pool’s dimensions, the material it’s made of, the water quality, and the frequency of upkeep. Research the options on your own and consult a swimming pool contractor before making a final decision.

Here is a breakdown of the various costs involved in setting up and maintaining an in-ground pool

Think about not just the price of the pool itself, but also the cost of any necessary repairs to the surrounding area. A fence, deck, and cover may all be built to keep the space protected while it is not in use.

To have a professional build your pool, you’ll need to include in their labour costs. Pool installation labour costs might be anywhere from $5,000 to $30,000 on average, depending on the specifics of the job and the materials utilised. You might save anywhere from $6,000 to $10,000 if you do the pool installation yourself. Your decision to construct the pool on your own will depend on your familiarity with the topic, the availability of necessary resources, your skill level, and the legal authority to do so.


Once you have an idea of how much money would be needed to build a pool in your backyard, you can start thinking about how you will get that money. Home equity loans and lines of credit, personal loans, and loans for pools are just some of the available financing options.

Clare Louise