Housing · United States

    Mortgage Interest Tax Savings Calculator

    Estimate potential tax savings from mortgage interest using a marginal tax rate. This is a simplified estimate for planning and does not check itemizing or limits.

    Last updated: May 31, 2026Simplified estimateUses marginal rateSet deductible %
    Inputs

    Configure your scenario

    Enter mortgage interest paid, deductible %, and your marginal rate to estimate potential tax savings.

    Interest paid

    $12,000

    Est. tax savings

    $2,640

    Deductible interest

    $12,000

    Breakdown

    Detailed estimate

    Estimated deductible interest
    $12,000
    Estimated tax savings
    $2,640

    Official references