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 How Income Taxes Work A quick look at how federal income taxes work. Financial Hacks for Millennials: Values-Based Investing Millennials can opt to follow a values-based investing strategy to invest their money in conscientious ways. The Pre-Retirement Checklist This checklist can give you a quick snapshot of how prepared you are.