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Solar Loan Calculator

What will solar financing cost per month?

System Cost ($)

Down Payment ($)

Federal Tax Credit (30%)

Interest Rate (APR %)

Loan Term

Monthly Electricity Savings ($)

Frequently Asked Questions

Should I pay cash or finance solar?

Cash gives you the best long-term return since you avoid interest. But financing lets you go solar with $0 down and your monthly loan payment is often less than your old electricity bill, making it cash-flow positive from day one. If your interest rate is below 6-7%% and the monthly payment is less than your electricity savings, financing is a strong choice.

About the Solar Loan Calculator

Calculate monthly payments for solar panel financing. Compare your loan payment to electricity savings to see if solar is cash-flow positive.