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 Message Thank you! Oops! Related Content TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering. Tax Rules When Selling Your Home The tax rules governing profits you realize from the sale of your home have changed in recent years. A Taxing Story: Capital Gains and Losses Understanding how capital gains are taxed may help you refine your investment strategies.