Mortgage Tax Calculator
![A member doing their taxes using a calculator.](/assets/files/WhWfBBgw/Tax_Web-cover-photo.png)
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Mortgage Tax Savings 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.