NJ
Should You Pay Cash Or Finance Your Replacement  Windows in NJ & NY?

Should You Pay Cash Or Finance Your Replacement Windows in NJ & NY?

People living in New Jersey and the metropolitan New York area who plan to invest in replacement windows may wonder which is better for them: paying cash or financing. There are some valid arguments for both options. The Renewal by Andersen of New Jersey and New York Metro staff did some research, and here is what we found.

Every homeowner dealing with windows that leak air and moisture is probably spending more than they have to on energy costs. Here are two quick facts from Energy.gov.

  1. Heating and cooling account for almost half (48 percent) of the energy used to power the typical home.
  2. Heat gain and heat loss through windows are responsible for 25%–30% of residential heating and cooling energy use.

The Case for Financing Your New Replacement Windows

Financing makes sense if you have excellent credit, equity in your home, or a credit card company willing to advance you funds at zero interest for 12-24 months.

This might be the best replacement window project payment solution if you plan to start immediately.

The Fed is gradually increasing the interest rate, with an adjustment every few months as the economy improves. Right now, personal credit lines have interest rates from 4.29 percent all the way up to 25 percent, and are primarily dependent on credit scores and debt to income ratios.

For those who plan to do a major home renovation any time soon, it’s a great time to apply for a home equity loan. The current average interest rate on a HELOC as of December 14, 2018 was5.56 percent. There are still a few lenders offering 3.87 – 5.0 percent.

Borrowing $10,000 from your bank with a HELOC 10-year repayment plan at 5.56 percent, your total interest would be $2,977.51, or roughly $297.51 per year. You could apply the money you save every month on heating and cooling costs to reduce the total interest. Using this option, you’ll save money, have a more comfortable home, and increase the property resale value!

Use this option cautiously. If you can’t pay off the zero interest advance in the established window, interest rates will jump to your normal rate, which depends on your credit score and payment history, and the company could apply penalties.

The Case for Paying Cash for Your New Replacement Windows

For this discussion, assume you have $10,000 in a certificate of deposit nearing maturity, and you aren’t sure whether you want to roll over the CD, or use the available funds to pay cash for your replacement window upgrade.

As of December 2018, the average certificate of deposit interest rate for two popular terms (24-month and48-month) is between 0.79 percent and 1.03 percent from a brick-and-mortar bank. Online rates range from .59 percent for six-month CDs up to 3.15 percent for 5-year term instruments.

The best-case scenario means you could lock up your money for five years and earn $335.48 per year. Worse-case scenario has you earning about $60 per year – both of these figures are much higher than the national average which is currently $35.43 – $189.89 per year.

Paying cash means you could get a higher,immediate return on your investment by saving money month after month with lower bills.

Which Replacement Window Payment Option is Best For You?

You know your financial status better than anyone. If you need help deciding, ask a Renewal by Andersen of New Jersey and New York Metro replacement window specialist to help you run the numbers. Just fill in the short form on this page or give us a call at 1-888-826-2451 to schedule a private, in-home consultation.

 

Download our Free Guide to New Jersey & New York Metro Replacement Windows

New Jersey New York Replacement Windows eBook

Learn Everything You Need to Know BEFORE Buying Replacement WindowsClick Here to Download Now!
LEARN …
  • The Difference Between Replacement and New Construction Windows!
  • The Different Kinds of Frame Materials and What That Means to Your Windows’ Performance and Longevity!
  • How the Right Glass Can Save You Money on Your Heating & Cooling Bills!
  • The Critical Role Proper Installation Plays in the Performance, Durability and Warranty of Your New Replacement Windows!
  • What Features and Options are Important to You and What Role They Play in Your Ultimate Satisfaction Today, and for as Long As You Live in Your Home!
Customized Replacement Patio Door Configurations for NJ & NY

Customized Replacement Patio Door Configurations for NJ & NY

Deciding whether you prefer Renewal by Andersen of New Jersey and New York Metro’s sliding replacement patio doors or one of its hinged styles is only the first step when you prepare to update a secondary entrance in your home. The major advantage of choosing custom-crafted replacement patio doors is the opportunity to address the “problem areas” that prompted you to choose now to update your New Jersey or New York metropolitan home.

Customization of your doors enhances beauty of your doors as well as the functionality, energy efficiency, convenience and comfort. The first step for many homeowners is considering how different door configurations influence panel size, construction material, color, finish and accessory choices. (more…)

Should Replacement Window Frames Match or Contrast Exterior Finishes?

Should Replacement Window Frames Match or Contrast Exterior Finishes?

Homeowners in New Jersey and New York metro neighborhoods who plan to update their facade may be considering how replacement window frame colors may impact the overall aesthetic of their homes. While most people tend to choose colors they like, sometimes that isn’t the best way to choose house paint. This Renewal by Andersen of Long Island article has tips and tricks for choosing the perfect color combination.

Follow the Color Formula for Success

There is a pliable, but reliable, rule that house painters follow when it comes to color combinations. It’s called the 60-30-10 rule, and relies on using three basic colors to create a well-balanced, pleasing appearance.

Here’s how it works . . .

Vinyl, wood, brick, shingles – whatever covers the largest visible surface of your house – share one common color, the 60 percent color.

A second color covers 30 percent of your visible exterior, and is often something that isn’t changeable, like the roofing material, or it may be the color used for entrance doors and the garage or other architectural elements

The third color acts as an accent color, which is typically seen on replacement window frames, trim and as a pop of color around doors, porch railings and columns. Sometimes, people paint the fascia (found just beneath the edges of the roof line) with this third color.

A harmonious color scheme considers the various unchangeable hues and shades – such as the gold flecks in red bricks or the subtle blues and grays cast from dark roof shingles.

Accent Color Pro Tip: Avoid using accent colors to draw attention to unsightly or otherwise drab elements. Creating an attractive facade means gutters, rain spouts and inconveniently placed windows and air conditioner units melt into the surroundings.

Look Around for Inspiration

Before you run to the hardware store or home center to gather a stack of paint chips, take a spin around your neighborhood. An afternoon drive gives you a chance to see what color combinations work (and, which ones don’t) in homes that have similar style and era features as your own house.

Online sites like Houzz, Pinterest and Home & Gardens also offer thousands of images that might help you identify possible color combinations.

You can also download the Renewal by Andersen 3D app and try on various window styles and color combinations so you have a better idea of what your home might look like after your upgrade.

Contrasting vs Coordinating Replacement Window Colors

The choice of whether to counter your broad surfaces with a contrasting color or to use matching colors on trim and replacement window elements comes down to what you expect from your color choices. If you want to add a bit of charm and warmth, contrasting colors emphasize your home’s character.

Keep these color facts in mind as you consider your options.

  • Light colors generally bring details closer, while dark colors tend to add an air of stability and substance.
  • Consider your landscaping. Choose colors that compliment plants and foliage, but still maintain a subtle independence.
  • Don’t be afraid to use colors that accurately reflect your personality, but do so in a way that doesn’t offend or anger those living in proximity.

Still Have Questions About How to Choose Renewal by Andersen Replacement Window Colors?

Before you make the final decision, learn how your color selections may influence your property values. Then, if you still have questions, check out our beautiful color palette in person at our showroom. Better yet, fill in the short form on this page or call 888-826-2451 to speak to a replacement window design specialist today.

 

Download our Free Guide to New Jersey & New York Metro Replacement Windows

New Jersey New York Replacement Windows eBook

Learn Everything You Need to Know BEFORE Buying Replacement Windows

Click Here to Download Now!

LEARN …
    • The Difference Between Replacement and New Construction Windows!
    • The Different Kinds of Frame Materials and What That Means to Your Windows’ Performance and Longevity!
    • How the Right Glass Can Save You Money on Your Heating & Cooling Bills!
    • The Critical Role Proper Installation Plays in the Performance, Durability and Warranty of Your New Replacement Windows!
    • What Features and Options are Important to You and What Role They Play in Your Ultimate Satisfaction Today, and for as Long As You Live in Your Home!

5 Tips to Prevent Mistakes When Replacing Home Windows

5 Tips to Prevent Mistakes When Replacing Home Windows

Thinking about updating your home’s exterior? It might surprise you to learn how little, subtle mistakes can make a huge negative impression on a home’s exterior. This Renewal by Andersen of New Jersey and New York Metro article will help you avoid four common mistakes people make when giving their home’s facade a make-over.

#1. Installing Shutters That Don’t Even Pretend to Work

Have you ever seen an otherwise beautiful home, with a pleasing curb appeal, but knew something wasn’t quite right? The reason could be the shutters were too narrow for the windows. Functioning shutters are perfectly sized to cover the window when closed. Even if you don’t plan to ever use these charming accessories, make sure they appear functional.

#2. Shutters That Don’t Complement the Replacement Windows

Another common fail also has to do with installing shutters. Adding shutters to a replacement window that looks perfect without them can be a real distraction. Some designers say that shutters and double-mulled windows clash, even if the shutters are sized perfectly. Unless you plan to use the shutters as weather barriers, skip them on bays and bows, most dormers and large, fixed windows, too.

#3. Too Many Window Styles Create Chaos

Most interior and exterior decorators will tell you not to be afraid to express yourself by unconventional design techniques. But, when it comes to mixing and matching window styles, shape plays an integral role in defining your overall aesthetic. A single window with a curved top, or several placed symmetrically across the front of your home often adds visual texture.

However, a miss-mash of random shaped windows, with different shapes and sizes can look messy instead of marvelous. Even changing window grill patterns can mess up the look.

Here’s a tip: Prairie grille patterns are endemic (seen all the time) in Craftsman, Prairie and Arts and Crafts style architecture. They can look a bit out of place in other settings. Consider using the Renewal by Andersen Window and Door Visualizer to “try on” different window shapes and grille patterns before finalizing your buying decision.

#4. Dormers that Disturb the View

Creating a harmonious curb-appeal means choosing complementary window styles and accessories. While dormers, and even miniature bay windows, offer a touch of individuality and visual interest, dormers should complement and extend the overall aesthetic.

A general rule of thumb is that the window should consume about ¾ of the dormer, anything less looks like an add-on without much thought, kind of like painting one door on a black car white. It draws the eye, but not in a good way.

You can balance a single (or multiple) dormers with existing architectural features by adding an entrance pediment with the same roof pitch and paint as the dormer or bay.

#5. Seek Professional Help to Avoid Mistakes

Fortunately, decades of helping our New Jersey and New York metropolitan friends and neighbors has given Renewal by Andersen the experience to guide homeowners toward wise choices. We can offer tips and strategies to make the process more efficient.

The easiest way to avoid making these simple missteps is spending some time looking at homes in your neighborhood with similar architectural styles and elements. Browse online design magazines. Visit the inspiration gallery to explore options for your home upgrade.

And, if you’re still not sure which grille pattern or style will help you create a beautiful facade, just ask.

Let Renewal by Andersen Help Bring Your Vision for a Beautiful Home to Life with Replacement Windows and Patio Doors

To learn more about our portfolio of replacement windows, patio doors and accessories, just fill in the short form on this page or dial 1-888-826-2451 to schedule a no-obligation home consultation.

 

 

Download our Free Guide to New Jersey & New York Metro Replacement Windows

New Jersey New York Replacement Windows eBook

Learn Everything You Need to Know BEFORE Buying Replacement Windows

Click Here to Download Now!

LEARN …
    • The Difference Between Replacement and New Construction Windows!
    • The Different Kinds of Frame Materials and What That Means to Your Windows’ Performance and Longevity!
    • How the Right Glass Can Save You Money on Your Heating & Cooling Bills!
    • The Critical Role Proper Installation Plays in the Performance, Durability and Warranty of Your New Replacement Windows!
    • What Features and Options are Important to You and What Role They Play in Your Ultimate Satisfaction Today, and for as Long As You Live in Your Home!