Fox Business - The Power to Prosper
Search Site

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 4.23% dw 4.25%  
15 Y Fixed Graph 3.23% up 3.21%  
30 Y Fixed Jumbo Graph 4.50% dw 4.54%  
5/1 ARM Graph 3.45% dw 3.56%  
5/1 Jumbo ARM Graph 3.69% up 3.55%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.36% up 4.35%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.08% up 5.06%  
$50K Loan Graph 4.51% up 4.50%  
$75K Loan Graph 4.51% up 4.50%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% up 2.92%  
36 M Used Graph 3.47% up 3.44%  
48 M New Graph 3.21% up 3.18%  
48 M Used Graph 2.98% up 2.92%  
60 M New Graph 3.23% up 3.18%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.34% up 0.33%  
1 yr Graph 0.66% up 0.65%  
5 yr Graph 1.34% -- 1.34%