0% for 3 months
Split a repair or a smaller install like a ductless unit into three interest-free payments.
HVAC Financing
HVAC Financing in Ontario: 0% Interest for 3, 6 or 9 Months
A furnace that dies in February doesn't wait for payday. EHI Heating And Cooling offers furnace financing, heat pump financing and air conditioner financing so you can replace the equipment now and pay over time. Interest-free terms of 3, 6 or 9 months are available, plus open loans starting at 2.99% on approved credit.
- 0% interest for 3, 6 or 9 months
- Open loans from 2.99%, pay off early with no penalty
- Combine with up to $7,500 in heat pump rebates
- Quick approval, usually same day
Voted Best Company 2019 to 2021 · Authorized Midea, Lennox, Kepler & Rinnai dealer, plus Goodman · 20+ years
Our Brand Partners
Financing options for your new heating or cooling system
0% for 6 months
Common choice for a furnace or AC replacement. Pay it off within six months and pay no interest at all.
0% for 9 months
Good fit when you're waiting on a heat pump rebate payout. Use the rebate to pay down the balance.
Open loan from 2.99%
Longer terms with a low monthly payment. Open means you can pay extra or clear it any time without penalty.
Not sure which option fits your home?
Tell us about your house and we'll recommend the right system, with a guaranteed price and your rebate estimate.
How HVAC financing works with EHI
- 1
Get your guaranteed quote
We price the job first. The financed amount is the same as the cash price, no mark-up for financing.
- 2
Pick a term
We show the monthly payment for each option so you can compare against your current hydro or gas bill.
- 3
Apply in minutes
A short application with our lending partner. Approval is usually same day, subject to credit.
- 4
We install, you pay over time
Payments start after installation. Rebates come to you separately and can go straight onto the balance.
What can you finance?
Any installation we do: gas furnaces from $3,300, cold-climate heat pumps from $5,500, central air conditioners, ductless mini-splits, Rinnai tankless water heaters from $3,300, and full HVAC system replacements. Larger repairs can be financed too.
Stacking it up: a heat pump install with a $7,500 rebate and 9 months at 0% often means the rebate cheque lands before the interest-free period ends. We'll lay that timeline out on your quote.
Financing is provided by third-party lenders. Rates, terms and approval are subject to the lender and your credit. Interest-free offers require payment in full within the promotional period.
Why Ontario homes and businesses choose EHI Heating And Cooling
20+ years in Ontario homes
We've installed through more January cold snaps and July heat waves than we can count. That experience shows up in the sizing, the ductwork and the little details.
Voted Best Company 2019 to 2021
HomeStars Verified. Our reviews come from real Ontario homeowners and business owners.
Authorized Midea, Lennox, Kepler and Rinnai dealer, plus Goodman
Factory-backed equipment, factory-backed warranties, and techs trained on the gear we install. We install and service Goodman too.
Guaranteed final pricing
The number on your quote is the number on your invoice. We may also beat comparable reputable quotes by up to 10%.
Rebate paperwork handled
Pre-approval, heat-loss calculation and documentation for the Home Renovation Savings Program. You just sign.
Licensed, certified crews
TSSA-certified gas technicians, licensed refrigeration techs and ESA-licensed electrical work on every job.
Ready when you are
Call us or send the form. Quotes are free, guaranteed and come with your rebate estimate.
Frequently asked questions
Does EHI offer 0% HVAC financing?
Yes. EHI Heating And Cooling offers 0% interest financing for 3, 6 or 9 months on new installations, on approved credit, plus open loans from 2.99% for longer terms.
Can I finance a furnace in Ontario with bad credit?
Approval depends on the lender's credit review. We work with lenders that approve a wide range of credit profiles, and a quick application tells you where you stand with no obligation.
Is the financed price higher than the cash price?
No. Your guaranteed quote is the same whether you pay cash, card or finance.
Can I use the heat pump rebate to pay off the loan?
Yes. The Home Renovation Savings rebate is paid to you, and with an open loan you can apply it to the balance at any time with no penalty.
Is there a penalty for paying early?
No. Open loans can be paid down or paid off early without penalty.