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 Question Thank you! Oops! Related Content What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money. Social Security: Five Facts You Need to Know Here are five facts about Social Security that are important to keep in mind. Ways to Turn Spending into Savings Sometimes it can feel overwhelming. It seems like our financial needs outstrip our ability to meet them.