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! Want to be Smarter With Your Money? Join our mailing list and get news and info to support your financial goals. First Name Last Name Email Address Thank you! Oops! Related Content Life and Death of a Twenty Dollar Bill How long does a $20 bill last? Does Your Credit Score Affect Your Insurance Rates? Your credit score may influence how much you pay for auto and home insurance. To Buy or Not to Buy The decision whether to buy or rent a home may have long-term implications.