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 Question Thank you! Oops! Related Content Bi-Weekly Payments This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly. Diversification, Patience, and Consistency Three important factors when it comes to your financial life. Infographic: Risks at Retirement Make a plan to take these risks off the table.