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 Data Thieves from Outer Space Learn about the dangers of internet fraud with this highly educational and fun “pulp” comic. How Income Taxes Work A quick look at how federal income taxes work. Best-Performing Asset Classes Bonds may outperform stocks one year only to have stocks rebound the next.