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Is the interest on a loan deductible?

Frequently asked questions about interest

If you take out a Personal Loan for the renovation of your owner-occupied home, the interest is tax-deductible. Think of a loan for a new kitchen, extension, solar panels or insulation. The interest is also deductible in the case of a residual debt. This applies to both the Personal Loan and the Revolving Credit. Calculate the interest with tax benefit here .

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