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 | Related Content 5 Tips to Prep for a Possible Recession No one knows when the next recession will hit, but there are things you can do to prepare for it 2016 Tax Data You Should Know Like it or not, taxes are part of life. Understanding them could help your tax-saving strategy. Video: The Independence of Financial and Emotional Greater financial and emotional confidence brings greater independence. Isn’t that what it’s all about?