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 Term vs. Permanent Life Insurance When considering life insurance, it's important to understand your options. Bi-Weekly Payments This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly. Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy.