A Sound Financial Decision

 

 

A home loan paid on time usually raises your credit score.

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You may be entitled to a tax write-off, depending on your circumstances.

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You are paying off your own house, instead of somebody else's house.

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You can make alterations and decorate to your own liking.

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You can have your own personal yard, garage and space.

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A house generally increases in value, so it is an investment.

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Once you pay off your house, you will have no more monthly mortgage payments.

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You only have to move if you want to, not because the landlord wants the property back.