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 Fixed or Variable Mortgage, Which Should You Pick? When selecting a mortgage, one of the most critical choices is between a fixed or variable interest-rate mortgage. Tax Deductions: Catch Them All! Most of us pay too much in taxes because we aren’t aware of all the tax deductions available. A Penny Saved is Two Pennies Earned Here are some simple and inexpensive energy-saving tips that may help you save money.