A home loan interest subsidy is a financial assistance program designed to make homeownership more affordable. This subsidy helps reduce the interest rate on a home loan, thereby lowering the monthly mortgage payments for eligible individuals or families. Typically offered by governments or financial institutions, these subsidies aim to support low to middle-income households in purchasing their first home or upgrading their existing living conditions. To qualify, applicants often need to meet specific criteria, such as income limits, property value caps, and other eligibility requirements. By easing the financial burden of home loans, interest subsidies play a crucial role in promoting homeownership and improving living standards for many families.