Mortgage Tax Savings Calculator
Use the mortgage tax savings calculator to determine how much your mortgage payments could reduce your income taxes. The interest paid on a mortgage, along with any points paid at closing, are tax deductible if you itemize on your tax return. Use this calculator to see how this deduction can create a significant tax savings.Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Select a Calculator:
Bi-Weekly Payment
Current Mortgage Loan
Mortgage Tax Savings
Adjustable Rate Mortgage
Mortgage APR
Reverse Mortgage
Mortgage Payoff
Mortgage Points
Mortgage Qualifier
Mortgage Refinance
Rent vs. Buy
Refinance Interest Savings
Mortgage Comparison
Loan & Credit Line Tax Savings Amortizing Loan
Loan & Credit Line Payment
Loan Comparison
Alternative Payment Frequencies
Enhanced Loan Options
Debt Consolidation
Home Equity Line of Credit
Existing Loan Analysis