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Let your Solar Roof pay for itself

Welcome Tesla customer

Increase your home equity with ongoing savings

Solar RoofHomeSolar RoofCimney
Solar Roof
Home value
Home value with a Solar MortgageTM

The Solar MortgageTM helps your Solar Roof to pay for itself by factoring the added financial value, including your increased home value and energy savings, into the loan. This could be smartest thing you’ve done with your home since buying it.

The larger your Solar Roof, the more you save

Roof Size
1500sq ft
Roof Coverage

See how much you can save with a Solar MortgageTM compared to


Energy Production per Year: 5812.50 kWh
Average 30 year inflation $0.23
Avg Monthly Electricity Income $113.37


Roof Cost: $24750
Old Mortgage Total: $489888
Old Monthly Payment: $1785.67
Solar Mortgage Total: $514638
Solar Monthly Payment: $1913.7
Net Difference: $128.02
Retail Monthly Payment: $464.99


Tax Credits per month: $618.75
Monthly Net Cost In Year 1 (includes Solar Tax Credit): $-604.10
Monthly Net Cost After Year 1: $14.65
Year Net Cost In Year 1 (includes Solar Tax Credit): $-7249
Year Net Cost After Year 1: $5100
Total Cost to Consumer over 30 years: $-2149.2644007928193
Total Monthly Cost to Consumer over 30 years: $-5.97

Oppurtunity Cost

Annualized Savings: $1608.75
Total Savings: $48262.5
Net Financing vs Cashout: $-50411.76440079282
$228/ month

average retail loanYou can only get this size of roof with Better

-$6/ month

solar mortgage

Loan cost
Value of energy
Tax credit (monthly)
Tax credit
Loan duration
5 year term
30 year term
Net monthly
Interest rate
Loan duration
5 year term
30 year term
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Roof savings
Lifetime cost of Solar Mortgage
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Tesla Solar Roof
What it is

A mortgage that does more

Simply put, the Solar MortgageTM is a fully online cash out refinance. Even better, we use the expected increase in the value of your home and energy savings to qualify you for the lowest rates possible. Our credit application only takes three minutes— find out how much you qualify for today.

Tesla Solar Roof
How it works

Get the benefits of a Solar Roof before it’s installed101

Better has developed a unique, customized mortgage product for solar installations. Rates for a Solar MortgageTM are tax deductible and range from 3-5%, as opposed to 9-12% with traditional financing options like personal loans.

Better employee

A team of experts dedicated to your success

Our Tesla-trained non-commissioned sales, support and processing teams guide you through the process. We take care of everything, from providing the best possible rate to paying Tesla on your behalf. Our pre-approval, application, and lock can be all be completed online or by phone in as little as 15 minutes.

Tesla Powerwall
Who it’s for

Financing designed to fit your needs

The Solar MortgageTM works for all Tesla customers, with or without current mortgages, with FICO scores as low as a 620. It can even finance additional products that help you enjoy the benefits of solar, including the Powerwall home battery.

See how it works

  1. 1

    Get pre-approved at

    In 3 minutes
  2. 2

    Complete a fully digital financing process

  3. 3

    Tesla begins roof installation after your application is approved

  4. 4

    After closing, Better pays Tesla directly

  5. 5

    Enjoy your Solar Roof and Solar MortgageTM savings

  6. 6

    You can use up to 30% of the Solar Roof cost as an Investment Tax Credit the following year.

Nerdwallet Awards 2018 Winner

Best Online Mortgage Lenders for Customer Service

We're Better

Better Mortgage is a direct lender with over $1B in funded home loans. We’re transforming homeownership from a one-time purchase to a lifelong, evolving investment. With our automated mortgage process and the help of companies like Tesla, we provide unique products that help customers make the most of their mortgage.

Charlie from Better

Hi, I’m Charlie

I’m one of the Better Mortgage Loan Consultants dedicated to helping Tesla customers refinance their Solar Roofs. My team is available at your convenience over text, email or phone. Let’s talk. NMLS ID 1667158

Schedule your free call

Get your Solar Roof to pay for itself

Cost of roof

The estimated cost of your Solar Roof includes materials, installation, and the removal of your old roof. Taxes, permit fees and additional construction costs such as significant structural upgrades, gutter replacement, or skylight replacements are not included. The Solar Roof cost is based on estimated roof square footage for your home, provided by Google Project Sunroof where available, and the portion of your roof covered with solar tiles.

Value of energy

The value of energy your Solar Roof is expected to produce over 30 years is based on the average price of electricity in your area, adjusted for inflation by 2% annually. Your ability to realize the full value depends on your home’s electricity usage, amount of energy storage available, and utility regulations on solar in your area. Electricity price estimates are sourced from the{" "}Energy Information Administration{" "}and solar production estimates are based on irradiance data from NASA

Tax credit

The 30% Solar Investment Tax Credit applies to the cost of the solar tiles and associated solar energy equipment as well as the cost of the Powerwall batteries. To receive the full tax credit, you must have federal income tax liability that’s at least equal to the value of the tax credit. This credit may be carried over to future tax years. Additional state, local or utility solar incentives may apply but are not included in this calculation.

Loan cost

Customers can choose to finance their Solar Roof through their home mortgage. The loan amount is equal to the total Solar Roof cost, less the estimated 30% federal tax credit. The monthly loan payment is amortized over the selected loan term at the selected interest rate. Values depicted above are for illustrative purposes only.

Roof savings

The estimated return on investment if you invested the cost of roof in an S&P 500 index fund for 30 years instead of paying a lump sum of cash.

Maximum retail loan size

The maximum retail loan is $35,000. This is based off of industry averages.

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We're Better

Better is a direct lender dedicated to providing a fast, transparent digital mortgage experience backed by superior customer support.

From our offices in New York City, we're using technology to change the way people finance their homes, for the better. is a direct lender. All rights reserved. NMLS #330511© Better Mortgage Corporation | 250 Greenwich St, FL 36, New York, NY 10006Loans made or arranged pursuant to a California Finance Lenders Law License.This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.Not available in all states.