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 The Average American Budget Learn about the average American budget in this fun and interactive piece. Ideas to Redirect Your Spending Fast In her virtual manifesto on the spending fast, “My Year of No Shopping,” author Ann Patchett discovered that, “The unspoken question of shopping is ‘What do I need?’ What I needed was less.” Do You Know the Whole Life Story? Whole life insurance can help to diversify a financial portfolio.