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 Question Thank you! Oops! Related Content Tax Freedom Day Assess how many days you'll work to pay your federal tax liability. Comparing Mortgage Terms Estimate the total cost in today's dollars of various mortgage alternatives. The Pros and Cons of an NUA Strategy Learn the advantages of a Net Unrealized Appreciation strategy with this helpful article.