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 Question Thank you! Oops! Related Content Problems with Probate Probate can be a completely public process, or it can be managed to include as little information as possible. The 12 Steps to Living Confidently: How to Cut Your Expenses The advice about cutting expenses makes it sound downright unappealing. No wonder many of us haven’t learned to finance well. Financial Fixes: The Hidden Costs of Home Ownership Six out of 10 millennials regret buying a home because they weren’t prepared for the hidden costs.