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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 3.79% up 3.76%  
15 Y Fixed Graph 2.93% dw 2.96%  
30 Y Fixed Jumbo Graph 4.16% up 3.97%  
5/1 ARM Graph 2.99% dw 3.04%  
5/1 Jumbo ARM Graph 3.13% up 3.12%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.61% dw 4.62%  
$50K HELOC Graph 4.11% -- 4.11%  
$30K Loan Graph 4.90% -- 4.90%  
$50K Loan Graph 4.32% dw 4.33%  
$75K Loan Graph 4.32% dw 4.34%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.68% dw 2.69%  
36 M Used Graph 3.15% dw 3.16%  
48 M New Graph 2.93% dw 2.94%  
48 M Used Graph 2.76% -- 2.76%  
60 M New Graph 3.07% dw 3.08%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% up 0.36%  
1 yr Graph 0.67% dw 0.68%  
5 yr Graph 1.47% up 1.47%