What is the smartest way to finance an inground swimming pool?In mortagage while house is being built or other

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1. Smartest? The one-payment method. Build your own business...make money...then buy toys. It's called delayed gratification. (Hint/Reality check: Add up your total cost plus interest for 25-years to see how much you'll be spending for your house and pool doing it as you now intend.)
2. Include it in the mortgage if you can. It will just be added to you mortgage payment. It will cost you more in the long run because the loan is for longer. If you what to get the best price for the pool pay cash for it. If you get a separate loan for the pool you may get a shorter loan and pay it off sooner and for less interest. http://en.wikipedia.org/wiki/Loan#Types
3. Buying an in-ground pool is an expensive venture. My advice is if you can do it, get a separate loan. Reason being, if you ad it into the house loan you will be paying interest on that pool for the entire life of your house loan, if it's a separate loan you may have it paid on in 10-15 years depending on the price of the pool of course and the payments. That's good advice if you have to pay for any appliances with the house loan as well, washer's and dryers don't last 30 years, why pay interest on something that's long gone?...
4. If you must have one, put it in the mortgage. Can you afford this as part of your mortgage? The return on investment for an in-ground pool may not be there and could cause you to end up "upside down" in your house.
5. candid answer DOn't. let's say the pool will cost 15000$ cash. u want to put it on 30yr payment plan? u want to pay 40-45000$ for it? check your total payment plan for a 30yr mortage. oh if u think the 'tax' break is good think again. let's see u pay the bank 40000$ to save from paying KGB?IRS 10000$? why not pay the IRS the money and have 30000$ left in ur pockets. pay cash for the pool and u'll have money for the Extra insurance needed for pool and maintenance expenses.
6. Get the pool! I have one and trust me if you are building your house in Texas.... We Texans will not consider a house without a pool. A pool is expensive, but the family memories you will make are priceless!
7. Go for the 2nd mortgage. Also whoever is going to build the pool, you what a performance bond. The builder has to get it. This way, in the event there's a problem with the pool, you do not have to pay the 2nd mortgage unless it is fixed right.