Boilers on Finance, Pay Monthly Interest Free Boiler Deals

Here at Compare Boiler Quotes, we want to ensure that we offer the best boilers and make them available to everyone if you can’t afford the boiler upfront and need to spread the cost.

Therefore, help is at hand with our popular boilers on finance when getting a replacement boiler if you do not have the cash upfront to pay for a new boiler installation outright.

Get a fixed price on 20 seconds online now and apply online – click here

When you compare with us, our recommended installers offer 0% APR interest free boiler finance up to 3 years, buy now pay in 12 months, interest bearing finance for up to 10 years, and now pay in 3 with Klarna.

Boiler finance options overview

With a wide range of products for boiler finance it can be confusing, however here is a quick overview of the options available to customers online:

Finance Type	Interest Rate	Loan Length
Standard Boiler Finance	12.9% APR	Up to 10 years
Interest Free Boiler Finance	0% APR	Up to 3 years
Buy Now Pay Later	12 months deferred	up to 10 years
Bad Credit Finance	16.9% APR	up to 10 years

Who can get boiler finance?

Every pay monthly boiler is available to everyone and you can apply for finance online in minutes and get an instant decision.

It’s never been easier to pay monthly for a new boiler and in this guide, we will give you a range of options available for boiler finance and how they work.

You can, however make it super easy and go to our trusted best boiler finance provider which is regulated by the Financial Conduct Authority below now and get a fixed monthly boiler price with no upfront payment.

What is a pay monthly boiler?

When you use a pay monthly boiler, also known as boiler financing, you may avoid the hefty upfront cost of installing a new boiler. You consent to make manageable, single payments over a predetermined period, rather than paying the entire amount all at once.

As we know everyone has different financial circumstances, we have a range of different buy now pay later options all of which will cost you a different amount depending on the boiler finance plan you choose, so let’s take a look at your choices.

Getting finance for a new boiler installation could be a good way to lower your heating bills which can save you money in the long term.

All our boilers are A-rated for energy efficiency so you could save over £800 on your energy bills every year according to the Energy Saving Trust.

Easy ways to get new boilers with finance

If you haven’t got the money for a brand new boiler laying around like most people then a pay monthly boiler scheme and payment schedule is the way to go to lessen your financial burden.

You can spread the cost of the repayments up to 120 months (10 years) with no deposit options and a wide range of boiler finance products pending an instant credit check.

Listed below are some best boilers on finance options that customers who are looking to pay monthly for their new boiler can get, as well as the best finance boiler installation deals available on the market.

New boiler finance application process

If you are looking to get a boiler on finance, you can now (well it is 2023) get a new boiler quote online with NO personal information required.

Not only that but you can apply for boiler finance and get an instant decision online if you pass or fail finance. If you pass, then your new boiler is confirmed. It really is that simple.

Many people buy a new boiler in a rush because their boiler has decided not to work, and replacing one is usually an emergency. This means they don’t always have the funds at hand to pay for the new boiler installation in full.

Choose your fuel type below and apply for finance online once you have chosen your boiler replacement:

Interest free boilers on finance 0% APR for UK residents

We can also provide 0% interest-free boilers for up to a 3 year term on a range of new boiler finance plans with no upfront payment.

Giving you more reasons why your new boiler interest free credit is affordable as you can spread the cost with 0% APR.

This gives you a huge 24 months to pay off your boiler finance agreement with absolutely no interest to pay if you pay the boiler off in full by the 3 year interest-free period.

1 year interest free boiler finance

If you are looking to pay off your boiler as quick as possible without paying a penny extra, 1 year interest free is perfect. Your monthly repayments will be higher due to the short period, however, you would be paid up after just 12 months.

2 year interest free boiler finance

2 years interest free boiler finance is one of the most popular products on the market. It enables lower monthly repayments whilst still keeping the agreement period relatively short. You still don’t pay a penny extra either than if you paid upfront.

3 year interest free boiler finance

This is a great way to keep monthly repayments really low but make sure you don’t pay any interest. The 3 years interest free boiler finance option is another option for your if you want to make the cost of your boiler the same as if you had the cash to buy it today.

Getting a combi boiler with interest-free finance has never been easier for UK residents. Choose from a wide range of the best boiler brands in the UK you can apply online to repay your boiler loan monthly.

Choosing interest-free boiler finance is a great option if you have the cash but do not want to spend your money in one go.

How does 0 interest free boiler finance work?

When choosing 0% interest-free finance for your boiler replacement or central heating system, this quite simply means that you can pay nothing upfront and then pay your boiler off in full with no interest.

This means that whatever the cash price is on the day of purchase, then this is what you will pay over the term if paid before the 2-year period.

Depending on your financial circumstances, you can put down a deposit of up to £750 towards the payments but this is optional.

This is also known as interest-free boiler finance which many boiler companies offer to help spread the cost of purchasing a new heating system.

Click here for an instant fixed-price with interest-free finance & a £0 deposit.

 0% Boilers on Finance Examples

Loan Amount	Agreement Term	Deposit	APR	Monthly Payment	Total Repayment	Interest charged
£1,800	2 Years (24 Months)	£0	0%	£75	£1,800	£0
£2,200	2 Years (24 Months)	£0	0%	£91.67	£2,200	£0
£1,800	3 Years (36 Months)	£0	0%	£50	£1,800	£0
£2,200	3 Years (36 Months)	£0	0%	£61.12	£2,200	£0

Buy now pay later boilers

Launched several years ago, Boiler Central were the first online boiler installation company to provide buy now pay later in 12 months. You can pay zero deposit today and have 12 months to pay for your boiler.

With instant online finance applications, it’s never been easier to apply for boiler finance and order your boiler online in minutes.

Click here to get a price and apply for Buy Now Pay Later (12 months) with £0 deposit.

 Boiler finance over 3 to 10 years with NO deposit required

Our 9.9% boiler finance is a market-leading finance solution for any boiler upgrade or central heating system.

Unlike the 0% APR option, you do pay interest on this at 9.9% and you can lend between £1,250 and £10,000 over a term of up to 10 years.

Other terms for the finance agreement is to pay monthly over 3 years, 5 years 7 years or as said above, a huge 10 years.

Click here to choose £0 Deposit finance payable monthly over 5 or 10 years

Pay monthly new boiler on finance examples

Boiler Loan	Agreement Term	Deposit	APR	Monthly Payment	Total Repayment	Interest charged
£2,200	5 years (60 Months)	£0	9.90%	£46.18	£2770.78	£570.78
£2,200	5 years (60 months)	£500	9.90%	£35.68	£2641.06	£441.06
£2,200	10 Years (120 Months)	£0	9.90%	£28.44	£3412.81	£1212.81
£2,200	10 Years (120 Months)	£500	9.90%	£21.98	£3137.18	£937.18

Paying monthly for a new boiler: how does it work?

If you are considering a pay monthly new boiler, anyone that is over 18 years of age can apply for the above finance solutions for any installation of a replacement boiler, central heating system, and radiators.

They must be of a maximum age of 85 years old at the end of the agreement in order to meet the lending criteria. You must be a resident of the UK for the last 3 (Three) years, employed, retired, or get allowances.

To compare boiler prices online from the leading UK companies, click here. 

You would sign the finance agreement online and you would need to have a valid UK passport, a valid driving license from the UK and/or a valid electricity document or a bill that has a date within the previous 3 months of the application date.

This will need to be named as the person who is applying for a pay monthly finance plan and taking the hit on the new boiler cost incurred for your replacement.

Pay monthly boiler finance plans with tailored affordable repayments:

How your pay monthly boiler plan is worked out will completely depend on your circumstances –  varying APR interest rates are dependent on your credit score, just like any normal finance agreement for a product such as credit cards or motor finance.

One of the most popular options is the £17 a month boiler finance option that is available at the moment.

Options such as buy now pay later deals, cash upfront, and mainstream pay monthly finance from a bank.

We can offer our pay monthly plans for any home in the UK. You can even power your replacement boiler with a smart thermostat such as the Hive or Nest.

 

Pay monthly boiler replacement options

If you are looking to pay monthly for your boiler replacement then whether you are simply replacing an existing combi boiler with a new boiler, or a system, regular or back boiler then you have a range of options to pay monthly for your new boiler replacement.

A range of repayment options such as zero deposit finance and 0% interest-free finance with a wide range of lenders who can lend different credit scores dependent on your personal circumstances.

This means you can get your hot water back up and running without paying a penny to start with and you can deal with the cost of the boiler and installation later.

 

How to apply for pay monthly boiler financing online:

Compare Boiler Quotes enables you to choose the right combi boiler for your home on a credit agreement that suits your budget.

We work with many customers who have the best credit ratings and some average but you can all get the best new boiler replacement cost options right away.

If you are unsure what your credit score is, Experian is a good starting point to get an idea of the APR you may pay on your new finance agreement.

Can I get a boiler on finance with bad credit?

This will completely depend on your financial circumstances and how bad your credit is. If you have a poor credit rating and have previously been turned down for a finance application then you could speak to one of our recommended bad credit boiler finance installation companies first to ensure that we only put you to lenders that may accept you.

New boiler and bad credit finance checks

Most new boiler finance companies do credit checks as standard, the level of credit check required to get accepted changes from lender to lender.

There is nothing to stop you from applying for a loan with a boiler company, but this will show on your credit file so be aware of this if you choose to try for finance.

Combi boilers on finance

Our most popular boiler finance options are for new combi boilers where our customers pay monthly for their new combi boiler.

Getting combi boilers on finance is really easy, and by using one of our trusted nationwide boiler companies to get an online price, you can apply for finance online with an instant decision.

You can switch your existing old combi boiler and replace it with a new efficient boiler such as the Viessmann boiler or Worcester Bosch.

Also, you can have an old system boiler removed within 2 days, and a new combi boiler installed on a monthly payment plan.

You can even get it with 0% boiler finance to spread the cost that’s free of any interest.

Lastly, you may have an old back boiler and would like to replace the old inefficient back boiler with a new boiler. Back boiler replacement usually takes 1 day to take out the old system and replace it with a new combi boiler.

You can again get this financed as normal of a maximum term of 10 years, or 120 months on interest-bearing finance.

You can use a boiler finance calculator to work out exactly how much you want to pay over what period too just to be sure.

Zero deposit finance to pay nothing upfront

Sometimes our customers have an unexpected boiler malfunction such as a leaking boiler. Sometimes it is cheaper to get a new boiler than get the old one repaired.

Cash is not always readily available to purchase the heating system you require so, therefore, most of our trusted partners are able to offer no deposit boiler finance with online approval decisions.

Usually, the maximum term for this type of finance is 10 years, but some boiler loans can be up to 15-years if they are privately funded. Age restrictions do apply.

If you have the cash readily available to purchase your new boiler then take advantage of no finance agreements to sign and simply pay your boiler installation company by cash or card.

It may not necessarily speed up the boiler installation as finance applications can be done within 10 minutes online but you do have fewer ties by purchasing outright.

If your boiler is on the brink but you think that your boiler could be repaired as it is a simple boiler leak,  then you can speak to us about getting the best combi boiler for your home; contact us here.

Leading brands with great prices at the moment are Glow Worm but Viessman’s boiler prices are very competitive this year as are Ideal boiler prices. 

Spreading the cost of your new boiler safely

Affordable, manageable monthly payments are readily available for new boiler payment plans.

If you do not pay your monthly payments on time you can get high charges as a penalty from the lender.

A good credit rating is beneficial, or APR rates may be higher and an FCA regulated company is to be used, which could restrict your options

Some people will pay high-interest rates and higher APR with poor or impaired credit.

By opting to get your new boiler through us you are choosing a way that will enable you to have access to the best boilers at the right price for you.

With unbeatable boiler deals and boiler prices when you compare with us, you can choose the perfect payment plan on a range of market-leading boilers to suit you. Our recommended new boiler installation companies are not the lender but are regulated by the Financial Conduct Authority.

Do finance agreements affect my boiler warranty?

Some of our customers ask if getting a boiler on finance will affect the warranty on their boiler, the short answer is no, it will certainly not.

We are sure to be able to offer you great pay monthly solutions for new replacement combi boilers, as an alternative to British Gas boiler price which are usually expensive.

British Gas boilers on finance options

You can get British Gas boilers on finance however they are very expensive in comparison to other nationwide boiler installers.

British Gas offers a range of interest-bearing, interest-free and other boiler finance options but you may be best looking for alternative solutions due to their new boiler prices being double what you could get from another company.

British Gas 5 years interest free finance

As much as British Gas is expensive, they are the only boiler company currently to offer 5 years interest-free finance for boiler replacements. This does make the cost of a boiler more expensive as British Gas has to subsidise the interest to the finance company, but the monthly payments will be lower.

Should I get a boiler on finance?

If you can’t afford to your a boiler outright but you can afford the monthly repayments, then yes you should get a boiler on finance. This is a great way to keep money in your bank and gradually pay off your boiler every month in a manageable way, plus you can save money on your energy bills too due to having a much more energy efficient boiler.

However, on the other hand, if you think your circumstances may change then you need to maybe consider other options, like putting a deposit down to really keep the monthly payments low.

Can I pay instalments for a new boiler?

Yes, you can pay in instalments for a new boiler by simply choosing to finance it. You can choose the amount you pay to make the payments manageable for you by choosing the duration of your repayment term before you buy. The longer the loan agreement term the lower the monthly repayments will be.

Boilers on finance – Our conclusion

You can save a huge £800 per year when replacing an old inefficient boiler with a new energy efficient A-Rated combi boiler, according to the Energy Saving Trust, so why not get your new boiler on finance today.

For service issues such as if your boiler pressure keeps dropping then we can help with our sister company, UK Home Cover of whom you may have received door drops and leaflet distribution.