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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 3.75% up 3.66%  
15 Y Fixed Graph 2.89% up 2.79%  
30 Y Fixed Jumbo Graph 4.05% up 3.99%  
5/1 ARM Graph 2.66% up 2.59%  
5/1 Jumbo ARM Graph 3.01% up 2.98%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.98% dw 4.99%  
$50K HELOC Graph 4.56% -- 4.56%  
$30K Loan Graph 6.17% dw 6.18%  
$50K Loan Graph 5.97% dw 6.01%  
$75K Loan Graph 5.94% dw 5.97%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.29% dw 2.30%  
36 M Used Graph 2.88% dw 2.89%  
48 M New Graph 2.45% -- 2.45%  
48 M Used Graph 2.92% dw 2.93%  
60 M New Graph 2.54% -- 2.54%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.40% -- 0.40%  
1 yr Graph 0.57% -- 0.57%  
5 yr Graph 1.23% up 1.23%  

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