If you’re looking to finance solar panels for your home, there are a few things you’ll need to be aware of to select the best option for you. A typical 10-kilowatt solar installation can cost anywhere from $20,500 to $25,800 and financing options are widely available. Several factors may impact the cost of your solar loan, including your credit score and current debt-to-income ratio (DTI), the loan’s interest rate, and any solar loan fees.
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