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 Message Thank you! Oops! Related Content Diversification, Patience, and Consistency Three important factors when it comes to your financial life. Ask a Financial Professional: I Got a Big Raise. Now What? You got a pay raise – what should you do with it? Find tips on how to avoid tax surprises and lifestyle creep, and why paying Lifetime of Earnings Estimate how much you have the potential to earn during your working years.