Hot Tub Financing

Think about what it’d feel like to hop into a hot tub tonight. To enjoy the night sky while you’re blanketed in a feeling of warmth and relaxation. If you’re like most people the idea probably sounds like a little bit of heaven right there in your backyard.

But, if you’re like most people, you probably also have concerns over the cost of a hot tub. However, you’re about to discover the options which impact spa financing and how to properly determine the value they’ll provide.

Benefits Of Owning A Hot Tub Or Spa

A hot tub doesn't need to be an add-on to your pool project, it can be a stand alone piece to make your backyard more special.

One of the best ways to plan for a purchase with a big upfront cost is to itemize exactly what you’re going to gain from it.
A hot tub is just a single fixture in your home. But it’s one that can provide a multitude of different benefits.

As such, you should carefully consider which options to go with in order to get the best possible experience. When you’re looking at financing and loans you should think about how much value you’ll get from all of the following benefits of hot tub ownership.


Anyone who’s used a hot tub can attest to how great it feels to just let yourself drift off when enjoying it. There are few experiences as relaxing to both mind and body as a hot tub. But you might be surprised to find that this is also an important subject within modern medicine. Hot tubs are often studied as a form of hydrotherapy and have proven themselves as useful tools to help treat many different medical issues. For example, the results of using hydrotherapy to help people suffering from fibromyalgia have been particularly impressive. It provided improved sleep quality, physical function, and even professional status. And these benefits extend to everything from post-workout aches to chronic pain.


Relaxation is one of the most well-known benefits of owning a hot tub. Soaking in a hot tub invokes an almost indescribable feeling of relief from all of the world’s problems. Tension seeps out of your muscles, the stresses of the day evaporate from your mind, and everything can be seen in a new light. It’s important to think about just how much value you can derive from having such an amazing experience available whenever you want it.

Suitable In Any Season

People are often surprised to discover that they can use their hot tub in every season. That makes it an especially appealing value as there’s really never a bad time to enjoy it. And every season brings with it a unique twist on the experience. During the summer you’ll be able to drift along from pleasant days to warm nights spent in the hot tub. Crisp autumn weather is a perfect complement to the experience. And you can even enjoy some fresh air outdoors during the winter while staying warm and comfortable in a hot tub.

Makes Outdoors More Useable At Night

The same elements that make hot tubs a good match for winter also make it a great activity for any given night. Nighttime weather in many areas just isn’t very conducive to relaxation. But hot tubs can warm up even the chilliest nights and let you enjoy the splendor of the world around you. You can do everything from just enjoying fresh air to gazing up at a moonlit sky.

What Are The Differences Between Above Ground And In-Ground Hot Tubs?

Above ground and in-ground hot tubs differ in terms of installation, cost, customization options, and portability. Here are the main differences between the two:


Above ground hot tubs are self-contained units that are placed on a level surface, such as a deck or concrete pad. They are relatively easier to install and require minimal preparation. On the other hand, in-ground hot tubs are built into the ground and typically require excavation and construction work. The installation process for in-ground hot tubs can be more complex and time-consuming but the results are much more pleasing as the hot tub becomes an integrated part of outdoors rather than a big box sitting on top of it.


In general, above ground hot tubs are more affordable compared to in-ground hot tubs. The cost of an above ground hot tub includes the unit itself, delivery, and installation, whereas in-ground hot tubs require additional expenses such as excavation, construction, plumbing, and electrical work. The overall cost of an in-ground hot tub is typically higher due to the additional labor and materials involved.


Above ground hot tubs offer limited customization options since they are pre-built units. They come in various sizes and designs, but you have fewer options for customization. In-ground hot tubs, on the other hand, provide greater flexibility for customization. You can design and customize the shape, size, materials, and surrounding aesthetics to suit your preferences and the overall landscape design.


Above ground hot tubs are portable and can be easily moved to a different location if desired. This makes them suitable for those who may relocate in the future or prefer flexibility. In-ground hot tubs, like pools once installed, are permanent fixtures and cannot be easily relocated. They are considered a long-term investment and part of the overall property.


Both above ground and in-ground hot tubs require regular maintenance, such as water treatment, cleaning, and filter maintenance. However, accessing and maintaining an above ground hot tub is generally easier since it is above the ground level. In-ground hot tubs may require additional effort for maintenance due to their built-in nature and potential access challenges.

Ultimately, the choice between an above ground and in-ground hot tub depends on factors such as budget, installation preferences, customization options, and long-term plans for the property.

What To Consider When Wanting To Finance A Hot Tub

If you are considering financing a hot tub, there are several factors that you should keep in mind before making a decision. Here are some key considerations:

What to Consider When Wanting to Finance a Hot Tub

If you are considering financing a hot tub, there are several factors that you should keep in mind before making a decision. Here are some key considerations:


Determine how much you can afford to spend each month on financing the hot tub. Take into account the interest rate, loan term, and any fees or charges associated with the financing. Use our Pool Loan Calculator to help with this.

Credit Score

Your credit score will impact the interest rate and terms of the financing you are offered. Make sure you know your credit score before applying for financing.

Down Payment

Some lenders may require a down payment when financing a hot tub. Consider how much you can afford to put down and whether it makes sense for you to do so.

Interest Rate

Shop around for the best interest rate available. Consider both fixed and variable interest rates, as well as any introductory offers or promotions.

Loan Term

The length of the loan term will impact your monthly payment amount. A longer loan term may result in a lower monthly payment, but you will end up paying more in interest over time.

Fees and Charges

Check for any financing fees or charges associated with the financing, such as origination fees, application fees, or prepayment penalties.

Warranty and Maintenance

Consider the cost of maintaining and servicing the hot tub over time, as well as any warranty or extended warranty options available.

How Viking Capital Can Help Fund Your Hot Tub

Hot tubs can be purchased from a number of places including ‘big box stores’ like Home Depot or Lowes and also from speciality hot tub stores. But if you want a solution that will give you all the benefits of a hot tub while making it part of your bigger outdoor space you should talk to a pool builder. They can usually source the hot tubs direct from the manufacturer and cover all the installation while also adding other features to the space such as decking and pergolas. By incorporating the spa into a space designed for it you not only make an extra area of your home to enjoy but also add value to your property.

It’s important to do your research and compare financing options before committing to a loan. Take your time, read the fine print, and make sure you understand all of the terms and conditions of the financing before signing on the dotted line. Talk to us about how we can help you through this process, we offer free consultations with our specialist loan advisors to help find the best loan for you. Just fill in our online form and we will be in touch.

Typical Financing Add-Ons For Your Hot Tub

One common mistake people often make when planning for a hot tub is misjudging the scope of the project and the actual costs you are going to face. The hot tub is obviously going to be your main motivation for the project. 

But there are also a number of add-ons that can add a lot to your hot tub experience. The following are among the most important additional elements that you should consider when totaling up the necessary financing.


A deck is almost a given if you want a hot tub. It’s not just a location to place your hot tub either. Your deck defines which furniture and accessories you can use along with it. Likewise, it can determine exactly what kind of view you’ll have from your hot tub.



Settling into a relaxing hot tub sets the mood in a unique and powerful way. But you can enhance the atmosphere even further by adding special lighting. Think about the feelings evoked by the moon’s reflection on a still pond. It’s almost synonymous with feeling relaxed. And you can recreate that experience and so much more by using special lighting with your hot tub. The interplay of light and sound with warm comforting water produces something so much more powerful than the sum of its parts. As such, lighting is something that always needs to be considered when putting together a financing plan.


Landscaping is another way to ensure your hot tub creates the perfect mood. A deck can provide you with a great view. But landscaping can help you create a fantastic view right in your own backyard. And you can even use landscaping to provide both beauty and utilitarian benefits. For example, landscaping for privacy utilizes landscaping to provide you with attractive scenery while also blocking prying eyes from invading your privacy.


A pergola is a small, open, structure that surrounds your hot tub to provide you with shade and protection from the elements. If you’ve ever wanted to relax in a hot tub while listening to the sound of rain falling around you then you’ll want to look into a pergola. But the structure can also work with many of the other add-ons. For example, you can wrap lights around the pergola’s posts and beams.


Like landscaping, fencing can provide you with privacy when you’re enjoying your hot tub. But fencing brings with it some extra benefits that will save you both time and money. Fencing can help keep debris and even animals out of your hot tub. And this will help save on upkeep costs. Fencing can also have a distinct aesthetic appeal. It’s often as beautiful as it is useful. And you can choose from a variety of different styles to help you set the perfect mood for an evening spent relaxing in your own hot tub.

Is There a Best Time of Year to Buy?

The best time to buy a hot tub depends on various factors such as the time of year, seasonal demand, and dealer promotions.

The best time to buy a hot tub is during the off-season, which is typically in the fall and winter months.

During these months, demand for hot tubs tends to be lower, which can lead to discounts and sales from dealers who are looking to move inventory. Additionally, buying a hot tub during the off-season means that you will have plenty of time to get it set up and ready for use before the warmer weather arrives.

It’s also worth considering that some manufacturers may release new models or make updates to their existing models in the spring, which could lead to discounts on older models. So, if you’re willing to wait until the spring, you may be able to take advantage of these discounts.

Ultimately, the best time to buy a hot tub is when you are ready to buy and have found the right model for your needs and budget. Be sure to shop around, compare prices, and take advantage of any promotions or discounts that are available to you.

The Next Step to Your Very Own Hot Tub

It’s true that a hot tub is a luxury. But that doesn’t mean it’s outside your reach. Almost anyone can have a hot tub of their own. It’s just a matter of keeping everything you’ve read so far in mind. Analyze your needs and resources, then fit them into some of the available financing options. It’s almost certain that you’ll find a way to make your dream of a relaxing evening spent in your very own hot tub a reality.

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