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 What Is a 1031 Exchange? A look at 1031 Exchanges, a real estate investment strategy that may allow you to defer your capital gains taxes. Retirement Redefined Around the country, attitudes about retirement are shifting. How to Make the Tax Code Work for You When you take the time to learn more about how it works, you may be able to put the tax code to work for you.