There’s a lot to love about the equestrian world, from vast horse farms to beautiful breeds. However, there’s also a lot to pay for—and buying a horse is the first important step. 

If you don’t have the cash on hand to pay for a horse upfront, then banks or lenders may be able to help. However, horse financing isn’t necessarily for everyone, and there are a few things you should know before taking out a personal loan to buy a horse. 
How much does a horse cost? 
Horses can range from just a few hundred dollars on the lower end of the price range to millions of dollars for rare and exclusive breeds. Much like a car or beautiful equestrian estate, horses vary widely in price.