For many Americans, the end of summer means big transitions: new jobs, new cities, and often even new homes. And as just about any homebuyer can attest, a mortgage is often just the beginning in a series of sizeable new bills. You may need to make some immediate repairs, or you may need to buy new furniture or appliances.

Furniture and appliance retailers do their part to encourage big purchases with summer blowouts and low- or no-interest financing. Before considering such a big purchase, let’s look at your financing options.

 • Cash Upfront
If you have it, this is the best way to pay for just about anything. You won’t have to worry about monthly payments and interest payments won’t be a consideration. It’s not an option for everyone, but it is best to pay for a major purchase upfront.

•  Layaway
Most furniture stores offer a layaway program that allows the you to reserve your furniture and pick up after regular payments. Home Furniture requires a 20% down payment and holds your furniture for 90 days. For some, this may be the best fit. It’s really only an option if you don’t need the furniture right away.

• Lease-to-Own
This could be a good option for people living paycheck to paycheck or have compromised credit, and need furniture fast. You may not be able to purchase furniture outright, but you need a place to sleep and sit quickly. Basically, after agreeing to terms, you are allowed to take your furniture that day and agree to a payment schedule. If a payment is missed, the store has the right to reposes the furniture or the renter has a right to return the furniture at any time. Once the bill is paid, the furniture is yours to keep.

• Credit Cards
This option is a good one for people who already have credit cards and have no trouble making their monthly payments. You can take the furniture home the day of purchase and it won’t mean any new bills. However, you should consider the interest and understand how much your payments will rise with the new purchase.

• Retailer Financing
Most furniture stores offer financing. It will require a credit check and will add a new bill to your monthly expenses. You can offset these expenses with a down payment, and many stores offer interest free payments for a time. Just be aware of any special offers the store may be offering at the time and take advantage.

It really depends on your own unique situation to decide which option is best for you and your family. If you go with some type of financing, just be sure you can stay on top of the payments and you’ll be happy with your purchase.