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 Benefits of Life Insurance Discover the benefits whole life can provide during your different life stages. How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset. Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates.