Home Mortgage Deduction Use this calculator to assess the potential benefits of a home mortgage deduction. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Preparation is the Key to Retirement The simplest ideas can sometimes make a massive difference over time. Enjoy this brief video to learn more. What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money. TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering.