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 Money that Buys Good Health is Never Ill Spent It's important to make sure your retirement strategy anticipates health-care expenses. Disability and Your Finances In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases.