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 How Financial Decision-Making is Like Camping It takes a plan to be successful when you head into the wilderness. Your finances are no different. What Is My Current Cash Flow? Assess whether you are running “in the black” or “in the red” each month. Lots of Variables with Fixed-Rate Mortgages When selecting a fixed-rate mortgage, a borrower has to determine how many years to finance the loan.