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 Tax-Advantaged Health Care Planning for Retirement Heading into retirement with confidence is easier if your planning includes steps to minimize taxes, especially as it relates to health care planning. Millennial Money Myths: Buying a Car is Better Than Leasing During difficult economic times, it is even more critical to be smart about where you spend your money. And it is essential to do your homework so... 3 Ways to Save Without Tax Deferral Tax deferral versus tax-efficient vehicles like Roth 4019k)s, Roth IRAs and Life Insurance.