Owning a hot tub is more than a luxury—it’s an investment in wellness, relaxation, and quality time with loved ones. However, the upfront cost can be a significant hurdle. The good news? Various financing options can make hot tub ownership more accessible than ever.
In this comprehensive guide, we’ll explore various financing options, break down how they work, and share expert tips to help you make an informed decision that aligns with your budget and lifestyle. In 2025, we have many options in order to get the exact hot tub your family is looking for. Let’s walk through these options together.
Financing Through Love's Hot Tubs (Wells Fargo Credit Program)
Love’s Hot Tubs offers special financing options through Wells Fargo Bank, N.A., making it easier to bring home the relaxation you deserve—without paying the full cost upfront. This is a credit card with a revolving line of credit, subject to credit approval.
Buy Today, Pay Over Time!
- No Interest If Paid In Full Within 12 Months!*
- Enjoy these exclusive benefits as a Love’s Hot Tubs cardholder:
- A revolving line of credit that you can use over and over again
- Special financing options where available
- Convenient monthly payments to fit your budget
- Easy-to-use online account management and bill payment tools
- Simple application process – start today!
Interest will be charged to your account from the purchase date if the purchase balance is not paid in full within the promotional period.
Credit Card is issued with approved credit by Wells Fargo Bank, N.A. Ask in store for details or apply online.
Other Financing Options to Consider
When it comes to financing options, we feel like we have a great offer with Wells Fargo that helps our customers, but outside of Love’s Hot Tubs financing program, what other financing options are there to think about?
1. Personal Loans
Personal loans from banks, credit unions, or online lenders can be used for hot tub purchases. These are unsecured, meaning they don’t require collateral like your home.
- Fixed Interest Rates: Typically vary depending on your credit score and lender.
- Loan Amounts: Most lenders offer personal loans ranging from $1,000 to $50,000, though some may go higher for qualified applicants.
- Repayment Terms: Commonly span from 12 to 84 months, with monthly payments tailored to your loan amount and interest rate.
Tip: Compare lenders and loan terms to find the best rate and repayment plan for your needs.
2. Home Equity Loans or HELOCs
If you own a home and have built up equity, you might consider using it to finance your hot tub.
- Home Equity Loan: A fixed-rate, lump-sum loan with set monthly payments.
- HELOC (Home Equity Line of Credit): A flexible, revolving credit line that works more like a credit card.
These options typically offer lower interest rates, but your home is used as collateral—so it’s important to weigh the risk.
3. Credit Cards with 0% Intro APR
Some homeowners use credit cards with promotional 0% interest offers to finance their purchase, especially if they can pay it off before the intro period ends.
- Pros: Immediate access to funds, and potential reward points.
- Cons: High interest if not paid in full before the promotional period ends.
Advice: This option is only advisable if you have a solid payoff plan in place.
4. Paying With Cash
We’d be remiss not to mention cash as a payment option when comparing how to buy your next hot tub. If you have access to a lump sum, paying with cash can be a simple and effective choice.
Pros:
- Zero interest – You won’t pay a penny more than the sticker price.
- No paperwork – Skip the loan applications, approvals, and credit checks.
- Instant ownership – The hot tub is 100% yours from day one.
Cons:
- Reduces your cash reserves – Large purchases can eat into your savings or emergency fund.
- Doesn’t build credit – Cash payments don’t contribute to your credit history.
- Missed opportunity to spread out payments – With a 0% interest financing plan (like Love’s Hot Tubs offers for 12 months), you can keep more cash on hand while still avoiding any finance charges.
If you’re financially secure and prefer to avoid debt altogether, paying with cash is a solid move. But with attractive interest-free financing options available, it’s worth considering whether spreading out your payments could better serve your long-term financial goals.
Factors That Influence Financing Approval
Your eligibility for financing, as well as the rates and terms you’re offered, will depend on several key factors:
- Credit Score: Higher credit scores usually unlock better interest rates.
- Income & Employment: Stable income improves your chances of approval.
- Debt-to-Income Ratio: Lenders will assess whether you can afford another monthly payment.
Smart Financing Tips
- Know Your Budget: Understand what you can realistically afford monthly.
- Ask Questions: Don’t be afraid to ask the dealer or lender about all fees, penalties, and interest charges.
- Avoid Overborrowing: Stick to the essentials and don’t finance more than you need.
- Plan for Maintenance: Set aside funds or budget for regular upkeep and seasonal care.
Final Thoughts
A hot tub isn’t just a purchase—it’s a lifestyle upgrade. Whether you’re buying for stress relief, hydrotherapy, or entertaining guests, finding the right financing option makes your dream more attainable.
Love’s Hot Tubs is proud to offer customers a convenient financing option through Wells Fargo to help make wellness affordable.
Explore your options, ask questions, and choose a path that fits your needs and lifestyle.
Ready to take the plunge? Visit Love’s Hot Tubs Financing Page to learn more and apply today!