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Tools & Calculators

What Are The Tax Savings Generated By My Mortgage?

With the interest on a mortgage being deductible when you itemize deductions, it may surprise you how much you can save in taxes. Use this calculator to determine your potential tax savings with a mortgage.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.07% -- 4.07%  
15 Y Fixed Graph 3.13% up 3.09%  
30 Y Fixed Jumbo Graph 4.19% up 4.14%  
5/1 ARM Graph 3.22% up 3.08%  
5/1 Jumbo ARM Graph 3.50% up 3.49%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.32% -- 4.32%  
$50K HELOC Graph 3.99% -- 3.99%  
$30K Loan Graph 5.00% up 4.99%  
$50K Loan Graph 4.36% -- 4.36%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.83% dw 2.85%  
36 M Used Graph 3.36% dw 3.38%  
48 M New Graph 3.15% dw 3.16%  
48 M Used Graph 3.00% -- 3.00%  
60 M New Graph 3.17% dw 3.18%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% up 0.38%  
1 yr Graph 0.70% -- 0.70%  
5 yr Graph 1.50% -- 1.50%