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 A Meal for All Generations When it comes to generational differences, knowing the facts can be difficult. How Insurance Deductibles Work Knowing how insurance deductibles work can help you save money and give you peace of mind. What If You Get Audited? The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.