Calculators

Home Mortgage Deduction

For those who itemize deductions, the mortgage interest on their main home and on a second home may be deductible. Use this calculator to estimate your potential tax savings.

Loan Information

Assumptions

This is a hypothetical example used for illustrative purposes only. This calculator provides projections based on certain assumptions. It is not intended to provide specific investment advice. Please consult a tax professional for specific information regarding your individual situation. The home morgtgage deduction is subject to Congressional action.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.