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 Insuring Your Second Home There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk. Lifetime of Earnings Estimate how much you have the potential to earn during your working years. Insurance Needs Assessment: When You're Newly Married Marriage changes everything, including your insurance needs.