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 2016 Tax Data You Should Know Like it or not, taxes are part of life. Understanding them could help your tax-saving strategy. The Importance of Beneficiary Designations Beneficiary designations allow assets to pass directly to whomever you designate thus by-passing the costs and time involved with the probate process. Infographic: Cash for Life? Lottery Isn’t the Only Way Guaranteed income can safeguard against running out of money.