Here are some benefits of homeownership in Peoria, Illinois:

1. Building equity: When you own a home, you are building equity over time as you pay off your mortgage. This equity can be used in the future to refinance, make home improvements, or even serve as a down payment on a new home.

2. Predictable payments: With a fixed-rate mortgage, your mortgage payments remain the same throughout the life of your loan, which can make budgeting and financial planning easier.

3. Tax benefits: Homeowners in Peoria can take advantage of several tax deductions, including mortgage interest and property tax deductions, which can help reduce your overall tax burden.

4. Stability and security: Owning a home provides stability and a sense of security for you and your family. You can make changes and improvements to your home, knowing that you won't have to move out anytime soon.

5. Pride of ownership: Finally, owning a home in Peoria can give you a sense of pride and accomplishment. It's a major milestone and a symbol of your hard work and dedication to your family's future.