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 What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability. Video: A Time to be Thankful This Thanksgiving, replace internal fears with external gratitude. The 12 Steps to Living Confidently: Savings and Cash Flow Why is Cash Flow so important to understand?