PACE Loan Calculator
Calculate PACE financing for energy improvements
✅ PACE Loan Benefits
- • No Upfront Costs: 100% financing available
- • Property Transfer: Assessment stays with property if you sell
- • No Credit Requirements: Based on property equity, not credit score
- • Tax Deductible: Interest may be tax deductible
- • Long Terms: Up to 30-year repayment periods
⚠️ Important Considerations
- • Property Lien: Creates a special assessment on your property
- • Mortgage Impact: May affect refinancing or selling
- • Limited Availability: Not available in all states/municipalities
- • Eligible Projects: Only for qualifying energy improvements
- • Property Requirements: Must own property and be current on taxes
PACE-Eligible Projects
Solar & Renewable
- • Solar panel systems
- • Solar water heating
- • Wind energy systems
- • Geothermal systems
HVAC & Efficiency
- • High-efficiency HVAC
- • Insulation upgrades
- • Energy-efficient windows
- • Smart thermostats
Water & Other
- • Energy-efficient water heaters
- • LED lighting systems
- • Cool roofing materials
- • Energy storage systems
What Is a PACE Loan?
A PACE loan—short for Property Assessed Clean Energy financing—lets homeowners and commercial property owners fund eligible energy‑efficient upgrades and repay the balance through a special assessment on their property tax bill. Use our PACE loan calculator above to model your monthly payment, total interest cost, payback period, and return on investment (ROI) before you commit.
In 2025, residential PACE programs operate in more than 20 states and the District of Columbia, typically offering fixed APRs between 3 – 9 % and terms up to 30 years. Because the assessment is tied to the property—not your personal credit—PACE can make high‑impact upgrades such as solar panels, high‑efficiency HVAC, and insulation improvements cash‑flow positive from day one.
PACE Loan Calculator FAQ
How does a PACE loan work?
The program administrator pays your contractor upfront. You then repay the principal and interest as a line item on your property tax bill—usually once or twice a year—until the balance is satisfied.
Who is eligible for PACE financing?
Eligibility is based on property equity, current mortgage status, and being up‑to‑date on taxes—credit score checks are rarely required. Your state or municipality must also authorize PACE programs.
Can I sell my home with an active PACE assessment?
Yes. The assessment generally stays with the property, so the new owner assumes the remaining payments—subject to lender approval if they are taking out a new mortgage.
Are PACE loan payments tax‑deductible?
Interest on PACE assessments may qualify as deductible property tax interest. Consult a tax professional to confirm your individual situation.
What happens if I refinance my mortgage?
Some lenders require the PACE lien to be settled or subordinated before refinancing. Check with your mortgage provider during the application process.