One advantage of financing with a mortgage or using a home equity loan is that the interest payments are
A)at below market rates.
B)tax-deductible.
C)for an asset.
D)the largest part of the payment.

Question

Quizplus · Accepted Answer

The interest payments on a mortgage or home equity loan are tax-deductible, which can save a significant amount of money on taxes. This makes financing with a mortgage or home equity loan a more attractive option compared to other types of loans.

One Advantage of Financing with a Mortgage or Using a Home