The mortgage tax savings calculator will calculate what your potential tax savings are based on the interest you will pay on your mortgage and the amount of points that you pay.
Mortgage Tax Savings Calculator Overview
Generally, the interest portion of your monthly mortgage payment is tax deductible. Mortgage points that you pay to set up a mortgage are also generally tax deductible. You should consult your tax advisor to determine what your specific tax deductibility will be for your personal financial situation.
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