Payment Options
HVAC Financing Options
We work with three financing providers: RENU Colorado (state-backed, terms to 15 years), Wells Fargo (0% for 12 months, any brand), and Synchrony (0% for 12 months, Mitsubishi only). Most customers also stack Colorado rebates to cut $7,000 to $15,000 off the total before financing kicks in.
Updated February 16, 2026•By Editorial Staff
0% promotional rates through Wells Fargo and Synchrony. Long-term financing up to 15 years through RENU. No prepayment penalties on any plan. All three allow you to apply rebates first, then finance the remainder.
Subject to credit approval. Terms may vary.
Estimate Your Monthly Payment
Enter your project cost and choose a financing plan
Our Financing Partners
Three Programs, Different Terms
RENU Colorado
State-backed loans up to $50K, terms to 15 years
- Up to $50,000
- 3–15 year terms
- Competitive rates (vary by credit/term)
- No down payment
- Restrictions apply
Best for: Longest terms, lowest payments. Works with Carrier, Mitsubishi, and Bosch.
0% Promo — Any Brand
0% APR for 12 months or 9.99% for 96 months
- 0% APR (12 mo, paid in full)
- 9.99% APR (96 equal payments)
- Min $1,000 / $7,500
- Any heat pump brand
- No physical card needed
Best for: Short-term 0% promo or 8-year fixed rate for heat pump installations.
0% Promo — Mitsubishi
0% APR for 12 months on Mitsubishi installs
- 0% APR (12 mo, paid in full)
- Min $1,000 purchase
- Mitsubishi Electric only
- Apply through UniColorado
Best for: Mitsubishi mini-splits and heat pumps with 0% promotional rate.
The Process
How HVAC Financing Works with UniColorado
Get a Written Quote
We assess your home, recommend equipment, and give you a detailed quote with all costs upfront - no surprises.
Pick a Financing Program
We walk you through RENU, Wells Fargo, and Synchrony options based on your equipment, project cost, and credit.
Apply Online
Quick application through your chosen lender. Most approvals come back the same day.
We Install, You Pay Over Time
No deposit required with RENU. Your lender pays us directly. You make monthly payments after installation.
Quick Comparison
RENU vs. Wells Fargo vs. Synchrony
| RENU Colorado | 0% Promo (Any Brand) | 0% Promo (Mitsubishi) | |
|---|---|---|---|
| Provider | RENU Colorado | 0% Promo (Any Brand) | 0% Promo (Mitsubishi) |
| APR Range | Varies by credit/term | 0% or 9.99% | 0% |
| Term Range | 3-15 years | 12 or 96 months | 12 months |
| Max Loan | $50,000 | Varies | Varies |
| Equipment | Restrictions apply | Any heat pump brand | Mitsubishi only |
| Down Payment | None | None | None |
| Prepayment Penalty | None | None | None |
| Best For | Long-term, low payments | 0% promo, any HP brand | Mitsubishi installs |
Stacking Rebates + Financing
Apply Rebates First, Finance the Rest
Colorado HVAC rebates come off your project cost before financing is calculated. A $21,500 heat pump with $7,750 in rebates means you only finance $13,750.
3-Ton Cold Climate Heat Pump
Estimated Payment
$149/mo
RENU, 120 months. Rate varies by credit and term. Xcel: $2,250/ton × 3 tons.
Same Heat Pump + HEAR
Estimated Payment
~$62/mo
Income-qualified (≤80% AMI). Most of the cost is covered by rebates.
Carrier Furnace (80K BTU)
Estimated Payment
$534/mo
0% for 12 months available. No rebates for gas furnaces in 2026.
Lower Credit Scores
What If My Credit Isn't Great?
Lower credit scores limit your options but don't eliminate them. Here's what actually works:
Co-Signer
A family member or partner with stronger credit can co-sign your application with any of our three lenders.
RENU Colorado
As a state-backed program, RENU has more flexible credit requirements than traditional lenders. Worth applying even if you've been declined elsewhere.
Home Equity Loan
If you have equity in your home, a home equity loan from your bank may offer better rates than HVAC-specific financing.
Reduce with Rebates
Colorado rebates can cut $7,000-$15,000 from your project cost. A smaller balance is easier to finance or pay outright.
Be realistic about deferred interest. If you're considering a 0% promotional plan, make sure you can pay the full balance within 12 months. Otherwise, the standard APR applies retroactively to the original purchase amount.
0% APR Details
How the 0% Promotional Rate Actually Works
Both Wells Fargo and Synchrony offer 0% APR for 12 months. No interest if you pay the full balance within that window. If you can swing the monthly payments, this is the cheapest way to finance.
0% Plan — Any Brand
- 0% APR for 12 months if paid in full
- Minimum $1,000 purchase
- Any heat pump brand
- Standard APR applies if not paid in full
0% Plan — Mitsubishi Only
- 0% APR for 12 months if paid in full
- Minimum $1,000 purchase
- Mitsubishi Electric equipment only
- Standard rate applies if not paid in full
How "Paid in Full" Works
"No interest if paid in full within 12 months" means you divide your total balance by 12 and pay that amount each month. If any balance remains after 12 months, interest is charged retroactively from the original purchase date at the standard APR. This is called deferred interest. It works well if you budget for the full payoff, but can be expensive if you don't.
Common Questions
HVAC Financing Questions
0% APR or Up to 15-Year Terms
We include financing details in every estimate. Most customers also qualify for Colorado rebates that reduce the amount financed.