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 Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. Get Paid for Going Green Those looking into environmentally minded home modifications may get a boost from Uncle Sam’s tax incentives. Comparing Investments This calculator compares the net gain of a taxable investment versus a tax-favored one.