Benefits of Home Loan Credit
- Affordable Homeownership – Allows buyers to spread the cost over decades, making homeownership possible.
- Flexible Repayment Terms – Most mortgages range from 15 to 30 years, giving borrowers options to suit their budget.
- Tax Benefits – Mortgage interest payments may be tax-deductible, reducing overall tax liability.
- Equity Growth – As you pay down your mortgage, you build equity, which can be leveraged for future financial needs.
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