The average length of a pool loan can range anywhere from 1-20 years, depending on your needs and how much you need to finance.
As mentioned, the length of time you finance your pool for can have a significant impact on your monthly payments. If you choose a shorter loan term, your monthly payments will be higher, but you will ultimately pay less in interest. If you go with a longer term, your monthly payments will be lower, but you’ll pay more in interest.
Five- to seven-year loans tend to be a popular choice, because they help spread the cost of the pool over enough time that your monthly payments are relatively low, but you don’t rack up decades of interest.
Ultimately, the length of your pool loan that you choose is up to you and what best fits your needs — and your budget!