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 Question Thank you! Oops! Related Content Tax Deductions You Won't Believe Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative. Stay Safe with a B.O.P. At Your Back Learn about the advantages of Business Owner Policies with this highly educational and fun animated video. Mutual Funds vs. ETFs Exchange-traded funds have some things in common with mutual funds, but there are differences, too.