Mortgage Loan Tax Deduction Calculator

Select currency, enter value and click on calculate. Result will be displayed.

Enter your values:

Currency:
Total Loan Amount:
Annual Interest Rate:
%
Repayment Period:
Years
Federal Tax Rate:
%

Result:

Monthly Payment:
Total Payment:
Total Interest Paid:
Total Tax Benefit:
Year
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Mortgage Loan Tax Deduction 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.
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