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 Question Thank you! Oops! Related Content The 12 Steps to Living Confidently: How to Cut Your Expenses “Cut spending.” “Slash expenses.” “Avoid shopping.” The overwhelming advice about cutting expenses makes it sound downright unappealing. No wonder many of us haven’t learned to be good financial managers. Why It Pays to Eat Healthy For many Americans, eating “healthy” has become a priority, whether for weight loss, disease control or prevention, or just doing right by your body. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases.