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 Infographic: Risks at Retirement Make a plan to take these risks off the table. Budget Check Up: Tax Time Is the Right Time Tax preparation may be the perfect time to give the household budget a check-up. What Is My Current Cash Flow? Assess whether you are running “in the black” or “in the red” each month.