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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 3.85% dw 3.86%  
15 Y Fixed Graph 2.97% up 2.94%  
30 Y Fixed Jumbo Graph 4.31% up 4.28%  
5/1 ARM Graph 3.15% up 3.08%  
5/1 Jumbo ARM Graph 3.84% dw 5.79%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.41% up 4.38%  
$50K HELOC Graph 4.07% up 4.06%  
$30K Loan Graph 4.55% up 4.54%  
$50K Loan Graph 4.21% up 4.20%  
$75K Loan Graph 4.21% up 4.20%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 3.08% -- 3.08%  
36 M Used Graph 3.29% dw 3.30%  
48 M New Graph 3.06% -- 3.06%  
48 M Used Graph 2.96% -- 2.96%  
60 M New Graph 3.13% dw 3.14%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.37% up 0.36%  
1 yr Graph 0.61% -- 0.61%  
5 yr Graph 1.44% dw 1.48%