Home Equity Loan

Starting in the 2025 tax filing year, a new federal law will allow some borrowers to deduct the interest paid on qualifying auto loans – a first for many modern consumers. This change could mean extra savings at tax time, however, like most tax updates, there are a few important details to understand before making decisions.

Tax refund time? Use it wisely! Pay down high-interest debt, boost your emergency fund, invest in home upgrades or education, or grow your retirement savings. Smart moves now can pay off big later—Sun Federal CU is here to help!