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. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Don’t Be Your Own Worst Enemy Emotional biases can adversely impact financial decision making. Here’s a few to be mindful of. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Layers of Protection Take these five steps to protect your financial well-being before making any other changes.