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 5 Smart Investing Principles Principles that can help create a portfolio designed to pursue investment goals. Replacing Your Medicare Card Learn how to replace your lost, stolen, or damaged Medicare card in this helpful article. The Mattress Dilemma: Where to Stash Your Savings? Americans are saving more these days.1 Especially millennials. We know why to save: For emergencies, for retirement, to afford big-ticket dreams like home ownership or opening a business. But how to save is another matter.