The PAS MP Victoria Belous announced that starting in 2025, people who take out a loan to buy their first home will be able to benefit from a tax deduction on the interest they pay.
According to Belous, taxpayers will be able to reduce their taxable income by the amount of interest paid on a mortgage loan, up to a maximum of 16,100 lei per year. The measure applies to individuals who purchased their first home with a loan and who do not benefit from state programs such as First Home.
For homes held in joint ownership, each loan beneficiary will receive the deduction in proportion to their ownership share. However, the total deduction for both spouses together cannot exceed the annual ceiling of 16,100 lei.
To benefit from the deduction, taxpayers must hold the loan contract and a bank statement confirming the amount of interest paid. They must also submit their 2025 income tax declaration to the State Fiscal Service, indicating the mortgage interest expenses.
The authorities included this measure in the fiscal policy package to support access to housing and reduce the financial burden on young families and individuals buying their first home.