Joint home loans offer enhanced affordability and potential tax savings for families. By combining incomes, borrowers can improve loan eligibility, secure higher loan amounts, and potentially lower interest rates. Crucially, each co-borrower who is also a co-owner can claim individual tax benefits on both the principal (up to ₹1.5 lakh under Section 80C) and interest (up to ₹2 lakh under Section 24b) paid, potentially doubling the deductions available to a single borrower.