Appliance financing guide: Getting refrigerators, washers, & dryers on lease
From unexpected breakdowns to planned upgrades, Snap Finance helps you handle essential appliances without the stress.
Explore which household appliances you can lease-to-own with Snap.
Learn how lease-to-own financing works and what makes it simple and straightforward.
Get tips for shopping smarter and making the most of your approval.
It always seems to happen at the worst possible time: your refrigerator quits cooling just before a big family gathering, your washer gives out mid-week when laundry is piled high, or your oven stops working right before the holidays. These aren’t “nice-to-have” items – they’re the appliances you depend on every single day to keep life running smoothly.
The problem? Essential appliances are expensive. A new refrigerator can easily cost over $1,000. A washer and dryer set might run $1,500 or more. For families working within tight budgets – or for shoppers with less-than-perfect credit – coming up with that kind of money upfront just isn’t realistic.
That’s where lease-to-own financing with Snap Finance comes in. With Snap, you can take home the appliances you need today and pay over time, without the stress of paying for it all upfront. The process is straightforward, transparent, and accessible, making it easier to shop for a replacement or upgrade with confidence.
What appliances can you lease-to-own with Snap Finance?
Snap Finance partners with thousands of retailers nationwide, giving you access to a wide variety of appliances. Whether you’re replacing a single item or outfitting a whole new living space, Snap can help.
Kitchen appliances: From refrigerators and freezers to ovens, stoves, and dishwashers, these appliances keep your household running day after day. With Snap, you don’t have to wait weeks to save up. You can bring them home the same day if you’re approved.
Laundry appliances: Washers and dryers are some of the biggest-ticket appliances in any household. Lease-to-own makes them more manageable, so you’re not stuck relying on laundromats or borrowing machines from friends.
Small appliances: Chest freezers, high-end coffee makers, or other compact appliances might not seem as critical, but when you rely on them regularly, replacing one quickly can keep life running smoothly.
How lease-to-own financing appliances works with Snap
Many people hear “lease-to-own” and assume it must be complicated, risky, or full of hidden fine print. Snap Finance takes the opposite approach by making the process simple and straightforward. Here’s how it works:
Snap purchases the appliance from the retailer so you can take it home right away.
You make regular payments to Snap over a set period.
Once you’ve completed your lease agreement, the appliance is yours to keep.
For added convenience, your payments are automatically scheduled around your paydays. Snap also offers different ownership options¹, allowing you to choose the plan that works best for you:
Maximum-Term Plan (lowest payments)¹
Customers make payments over the maximum 12-18 months of their lease agreement. This is the default payment schedule.Early ownership options (lower costs)¹
Customers can save significantly on their cost of lease by making all regular payments on time and paying the required amount before the end of the maximum term, including any early buyout promotions. Customers must schedule an early ownership option.¹
Common reasons to lease appliances
Everyone’s financial situation looks different, but there are plenty of real-life scenarios where lease-to-own makes sense:
Emergency replacement
When your refrigerator breaks down, waiting weeks to save up isn’t practical. Lease-to-own can help fix the problem immediately.
Moving into a new home
Sometimes apartments or houses don’t include appliances, leaving you to furnish them yourself. Lease-to-own helps you get everything you need without the wait.
Upgrading to energy-efficient models
Energy-efficient appliances can save you money in the long run, but their higher upfront costs often stop people from making the switch. Lease-to-own can bridge that gap.
Taking advantage of seasonal sales
Retailers often run big promotions during holidays or clearance events. Lease-to-own means you don’t have to miss out just because you can’t pay in full on the spot.
Tips for making the most of your lease-to-own financing
By planning ahead and making a few strategic choices, you can maximize the value of your approval, find great deals, and stay on top of your payments. Here are some practical tips to help you get the most out of appliance lease-to-own financing:
Invest in quality
Select appliances built to last, so your lease-to-own financing goes toward long-term value rather than short-term fixes.Shop seasonal sales: Time your purchase with holiday or clearance events to maximize savings.
Consider bundles or floor models: Many retailers offer discounted packages (like washer-dryer sets) or slightly marked-down floor models. Both help reduce your total cost.
Build payments into your budget: Look at your monthly expenses and plan for your lease payments. That way, they’ll feel manageable rather than stressful.
Snap Finance vs. credit cards
When it comes to shopping for appliances, many shoppers turn to credit cards. But Snap Finance offers unique advantages that make lease-to-own an empowering alternative:
No revolving balance: Unlike credit cards, lease-to-own follows a set payment plan until the terms of the lease agreement are met — no ongoing balance that carries over.
No impact to FICOÒ score to apply: Applicants of all credit types can apply without impacting their FICO score.²
Transparent terms: Payments and timelines are clear upfront, with multiple payment options available.
Ownership at the end: Once your lease is complete, the appliance is fully yours – no strings attached.
How to get started
Getting started with Snap Finance is simple. There’s no credit needed2 to apply, and the application process is fast and easy. You’ll get a decision in seconds, and if approved, you can start shopping right away at a participating retailer.
Here’s how it works:
Apply online or in-store in just a few minutes.
If approved, get instant access to up to $5,000 in lease-to-own financing.³
Start shopping right away – use our Store Locator to find a retailer online or near you.
Make convenient payments over time.
Appliance shopping made easy
Replacing a refrigerator, washer, or stove shouldn’t derail your finances – or your daily life. With Snap’s lease-to-own financing, you can get the appliances you need, when you need them. Whether you’re facing an unexpected breakdown, moving into a new home, or simply upgrading to a better model, Snap removes the barrier of large upfront costs and gives you a clear path to ownership.
Ready to get started on appliance lease-to-own financing? Apply for Snap Finance today.
Want more tips to manage your finances with confidence? These Snap resources have you covered:
The advertised service is a lease-to-own agreement provided by Snap RTO LLC. Lease-to-own financing is not available to residents of Minnesota, New Jersey, and Wisconsin.
¹The default payment plan is the Maximum-Term Plan, which includes 12- to 18-month renewable terms and is your highest cost option. To exercise an early ownership option, including any early buyout promotions, you must make all regular payments on time and ensure the required amount is paid within the applicable timeframe through the customer portal or by contacting Customer Care at 1-877-557-3769. Early buyout promotions may include a cost of lease above the merchandise price. For details and limitations, including relating to applicable early ownership options, refer to your lease agreement.
²Not all applicants are approved. While no credit history is required, Snap obtains information from consumer reporting agencies in connection with applications, and your score with those agencies may be affected.
³Approval amounts vary from $300 to $5,000, subject to underwriting, and apply only to the cash price of leased items.