Do you have to get married to buy a house? It’s not a must, but if you do, you can save a lot of money. Let me tell you how. Imagine that your wife and husband are working When you take a joint home loan, you can claim a tax deduction of 0.2 million per year. That’s a total of 0.4 million. If it was an individual loan, you could only claim a total of 0.2 million. Next, since both parties are taking the same loan, the bank will consider both parties’ income. In that case, there is a higher chance that a large loan amount will be sanctioned easily. If the wife is the primary applicant of the loan, there is one more benefit. You will receive the loan with a reduced interest. Share this video with your friends who are about to get married or get married.
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