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 Message Thank you! Oops! Related Content Bank on Your Good Health Chronic illness could interrupt your ability to earn a living. Tips on how to lower your risk and protect your lifestyle. Managing Your Lifestyle Using smart management to get more of what you want and free up assets to invest. What If You Get Audited? The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.