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. 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. The Financial Literacy Crisis Many Americans are operating their personal finances with only the barest minimum of knowledge. It May Be Time for a Financial Checkup It’s never a bad time to speak with your financial professional about changes in your situation.