Here’s why you should consider jointly owning a home with your spouse

Here’s why you should consider jointly owning a home with your spouse.

Tax benefit:

In a joint home loan, each individual can enjoy tax benefits under the Income-Tax Act, in respect of the principle and interest paid during a year of proportionate basis.
 

Lower interest rate:

Some lenders offer a differentiated home loan interest for women buyers, which is usually a few basis points lower than the normal home loan rates.