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 How Income Taxes Work A quick look at how federal income taxes work. Raising Healthy Children Healthy habits are one of the greatest gifts to give your child. Bull and Bear Go To Market Learn about the difference between bulls and bears—markets, that is!