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 Thanks Mom It turns out Mom really did know best when she laid down essential truths to live by. Retirement Redefined Around the country, attitudes about retirement are shifting. Home Ownership by the Numbers Tips on home-buying for Millennials.