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 What Is My Current Net Worth? Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities. Managing Your Lifestyle Using smart management to get more of what you want and free up assets to invest. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn.