When you need to finance a roof replacement project, make sure to do the research and know your options. A personal loan can often be the best route since it has a fixed interest rate and repayment period; this allows you to know exactly what to expect each month. Mortgage refinancing is another option, but it does come with closing costs and other potential expenses so be sure to understand its potential long-term effects before committing. You can also work with your contractor because many will have financing plans or package options that can help bring down the overall cost of your project. Regardless of the funding sources you choose, make sure you compare the total cost of the project across all lenders so you have an accurate understanding of what your final expense will be.