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 Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. College Savings with Life Insurance How can Life Insurance play a role in your college savings strategy? Financial Fixes: Get Out of the Minimum Payment Vortex Find out how to pay off your credit cards and protect your paycheck so you can live more confidently.