How To Replace Your Roof On A Budget: 6 Tips for Saving Money to Replace Roof

The roof of the house is such a thing which is very important. We know that if rain is bound to come, we cannot stop it. But imagine that the roof of your house is completely damaged, then you will have to replace a new roof, otherwise, all the rainwater or snow will enter your house.

But we also know that installing a new roof on a home can mean a lot of investment, typically costing the homeowner between $5,500 and $11,000. So are you ready to replace the roof? In this article today we will know how to change the roof in the budget.

When Should You Replace a Roof?

You probably won’t notice the roof is leaking until it cracks or starts leaking. You need to know when a roof needs to be replaced.

If your roof has loose, cracked, or damaged shingles, sagging, mold, or shows signs of water seepage, holes, and dark spots, the best decision is to replace it with a new roof instead of repairing it to avoid higher costs in the future.

The frequency of roof replacements depends on many variables such as material, climate, upkeep level, pests, and other factors, etc. You should take a decision to replace a roof on the basis of condition, not time. 

But still, you should know when to replace the roof. In general, this is the recommended replacement time based on the material used.

  • Composition Shingles: 12-20 years
  • Asphalt Shingles: 15-30 years
  • Wood Shingles: 20-25 years
  • Rubber Roofs: 30-50 years
  • Metal Roofs: 50-75 years
Source by Youtube

Steps to follow for replacing a roof on a budget

1. Get Organized To Start

First, you must get organized and create an outline of your roofing requirements. Creating an outline of your roofing requirements can help replace your roof at a low cost. 

There are many factors that need to consider while replacing a new roof. The size of a roof, roofing material, the amount of debris collected, the overall structure of your house, and any contractors or licenses required.

2. Do Your Own Research

Start researching different types of roofing material available in the market.  Some materials are very affordable even if you don’t want them. Take a look into the advantages and disadvantages of each time of material before choosing the right one. 

Additionally, consider the cost of materials available. This will help you to save thousands of dollars in your pocket. You can use online cost estimators for roofs to determine the final cost. 

3. Apply for Insurance

Most homeowners’ insurance covered the cost of roof replacement if it is due to natural hazards like storm damage or bad weather. But if you need to replace a roof due to lack of maintenance, then you have to pay the entire cost.

Speak with your insurance provider about your insurance for more information, so that you can replace the roof at an affordable cost.

4. Apply For Finance

If you cannot afford to replace your roof, you may need to apply for a loan. But make sure that the loan interest amount will not higher.  Taking a loan can be costly so you should consider the interest rate, loan tenure, and total amount to pay.

I recommend you try the cost EMI available. And don’t use a credit card to pay roof replacement costs because it will kill your pocket. 

5. Look For Grant Available

Many home improvement and renovation grants are available from local, state, and federal governments. The Weatherization Assistance Program is one of the common Section 504 Home Repair grants. The U.S. Department of Agriculture’s Very Low-Income Housing Repair program gives financial assistance.

In addition to repairing or upgrading your home, you may also get financial assistance from these programs. These programs are usually offered at low-interest rates.

The above-mentioned programs are for:

  • Disabled people
  • Elderly people
  • Low or moderate-income homeowners

6. Contact Roof Repair Company

The most approach to replacing a roof on the budget is to find an affordable roofing contractor. You don’t need to take the stress of replacing a roof, they’ll do it with their expertise. You do your research before hiring a roofing contractor.

You might be tempted to go with the cheapest option, but in the long run, you’ll likely end up paying more. Make sure to read reviews and check testimonials to get a sense of which companies are reputable and which ones to avoid.


I hope the above options will help you choose the best possible roofing solution for your house. Next, go through the roofing materials available to you and choose the option that best meets your needs.

Finally, if you can’t afford to replace your roof, look for insurance or finance as mentioned. You can able to save money on roof replacement by using the right roofing contractor.

If you need a guide about home maintenance to make your house reliable, you can read our article too.

Frequently Asked Questions(FAQs)

Q 1. What is the cheapest option to replace a roof?

If you don’t have enough budget to spend on your roof, then asphalt shingles can be the best option. They’re affordable and come in a wide array of colors. They’re also very low maintenance and easy to install.

Q 2. What time of year is the cheapest to replace a roof?

Late summer and fall are usually the busiest times of year for roofers. If you’re thinking about scheduling a roof replacement, you may be able to get lower prices or off-season discounts if you do it in late winter or spring instead.

Q3. Is it worth it to replace a roof by yourself?

Definitely worth it. The cost of replacing a roof by a roofing contractor is around $9,000 in the US but if you do it yourself it will cost $5,000. Also, you’ll save extra time for the installers and cleanup.

Joxan Williams
Home Maintenance Expert | | Website

I'm a licensed home maintenance contractor with over a decade of experience, dedicated to preserving your home's value. My expertise includes roofing, gutter installation and repair, fencing, pool maintenance, deck and patio construction, plumbing, appliance repair, lawn care, painting, garage doors, windows, sump pumps, and steam heating systems.