Personal loans for kitchen remodels

You can use your kitchen renovation loan through Upgrade for any kitchen-related project. New cabinets, countertops, appliances, flooring, lighting, plumbing upgrades, or a full layout redesign, our loan can cover it all. The funds are deposited directly into your bank account, so you decide exactly how they're spent. There are no restrictions limiting you to specific contractors or suppliers.

Through Upgrade, you can borrow between $1,000 and $50,000 for a kitchen renovation, making it a practical option for everything from small cosmetic updates to substantial remodels. Your approved amount will depend on your creditworthiness, income, and other financial factors. You can check your rate without affecting your credit score before committing.

No. With a personal loan through Upgrade, you don't need to use your home as collateral, which keeps the application simpler and faster than a HELOC or home equity loan. If you are a homeowner, you may have the option to secure your loan with built-in fixtures – like cabinets, shelving, and light fixtures – to get a discount on your APR. Your home itself is never used as collateral, which also makes loans through Upgrade accessible to renters and recent homebuyers.

With a home equity loan or HELOC, you use the value of your home as collateral, meaning you have to go through the process of getting an updated home appraisal and complete extra paperwork before knowing how much you qualify for. A personal loan through Upgrade skips all of that. There are no lengthy appraisals, and you should receive your funds within a day of clearing verifications. You also get a fixed rate and fixed monthly payment, so you always know exactly what you owe and when you'll be done.

Upgrade considers your broader financial profile, including income, payment history, and existing debt, alongside your score. The best way to find out if you qualify is to check your rate, which takes just a couple of minutes and has no impact on your credit score.

Once your loan is approved and your identity is verified, funds can arrive in your bank account as soon as the next business day. This makes it easy to lock in a contractor or purchase materials quickly, without waiting weeks for financing to come through.

Kitchen renovation costs vary widely depending on the scope of the project. Here's a general breakdown:

• Small refresh (new appliances, paint, hardware, cabinet refacing) — $10,000–$20,000
• Mid-range remodel (new cabinets, countertops, flooring, appliances) — $20,000–$65,000
• Full renovation (layout changes, high-end finishes, structural updates) — $65,000–$130,000+

The average kitchen remodel costs around $26,946, with most homeowners spending between $14,588 and $41,550 depending on materials, labor, and location. It helps to get detailed contractor quotes before choosing a loan amount so you borrow only what you need.

These ranges are estimates based on Angi data and will vary significantly based on scope, materials, labor, and location. Source: angi.com.

A kitchen renovation can meaningfully increase your home's resale value — according to Angi, kitchen remodels typically deliver a 70–80% return on investment when you sell.

No upgrade is too small either; both minor and major remodels can add value, meaning you'll likely recoup most of your costs when it comes time to sell, even with a modest refresh. Focusing on high-impact updates like new countertops, cabinet refacing, and appliance upgrades tends to offer the strongest return without over-improving for your neighborhood.

Source: angi.com.