FINANCING YOUR LOS ANGELES PROJECT
A $75,000 kitchen sounds like a lot. About $910/mo over ten years sounds like a car payment. Most of our clients finance at least part of their project, and knowing the real number first is what makes the lender conversation easy.
What Typical Projects Cost Per Month
Costs are midpoints of our 2026 Los Angeles estimator ranges. Payments assume 7.99% APR.
| Typical project | Cost | 5-year loan | 10-year loan | 15-year loan |
|---|---|---|---|---|
| Bathroom remodel | $40,000 | ~$811/mo | ~$485/mo | ~$382/mo |
| Kitchen remodel | $75,000 | ~$1,520/mo | ~$910/mo | ~$716/mo |
| Garage conversion ADU | $130,000 | ~$2,635/mo | ~$1,577/mo | ~$1,242/mo |
| Room addition (400 sq ft) | $125,000 | ~$2,534/mo | ~$1,516/mo | ~$1,194/mo |
| Detached ADU | $265,000 | ~$5,372/mo | ~$3,214/mo | ~$2,531/mo |
| Whole-home remodel | $450,000 | ~$9,122/mo | ~$5,457/mo | ~$4,298/mo |
Illustrative only, assuming 7.99% APR and approved credit. 1 Smart Build is a licensed contractor, not a lender; your lender sets the actual rate and terms.
How LA Homeowners Fund Remodels
HELOC or home equity loan
The most common way LA homeowners fund a remodel or ADU. Borrow against equity, usually at the lowest rates available, and draw as the project progresses.
Cash-out refinance
Replace your mortgage with a larger one and take the difference in cash. Best when your current rate is higher than today's market.
Home improvement loan
Unsecured personal loan, funded in days, no appraisal. Higher rate than equity products, but fast for kitchens, baths and garage conversions.
Renovation or construction loan
For additions, custom homes and SB9 builds: lenders fund against the after-completion value in stages tied to our inspection milestones.
Financing Questions
Does 1 Smart Build offer financing?
We are a licensed general contractor, not a lender, so we don't issue loans. We do help you sequence the project so lender draws line up with our milestones, and we can point you to the loan types that fit your project.
What is the cheapest way to finance a remodel in Los Angeles?
For most homeowners with equity, a HELOC or home equity loan carries the lowest rate. A cash-out refinance can beat it if your existing mortgage rate is above today's market.
Can I finance an ADU?
Yes. HELOCs, renovation loans and construction loans are all used for ADUs, and some lenders count projected rental income toward qualification. Our estimate gives you the number to bring to the lender.
DISCUSS YOUR PROJECT WITH 1 SMART BUILD
Licensed, bonded and insured design-build general contractor serving Los Angeles County and Southern California. Tell us about your property and goals, and we'll walk you through feasibility, permitting and a clear plan.