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! Related Content Understanding Marginal Income Tax Brackets An inside look at how marginal income tax brackets work. Assess Your Life Insurance Needs This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely. TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering.