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 Message Thank you! Oops! Related Content Ask a Financial Professional: I Got a Big Raise. Now What? You got a pay raise – what should you do with it? Find tips on how to avoid tax surprises and lifestyle creep, and why paying Helpful Retirement Strategies for Women Learn how to address the challenges that women face when planning for retirement. 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan.