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 Mortgages in Retirement Explore the benefits and drawbacks to paying off your mortgage prior to retirement with this article. Test Your Life Insurance Knowledge How much do you know about one of the most important tools you have to help protect your and your family’s financial future? Stop Wasting Money One way to find money is to examine your current spending habits and eliminate money wasters.