Skip navigation links
Navy Federal Credit Union logo

Mortgage Tax Deduction Calculator

Don't leave savings behind! Interest paid on a mortgage may be tax deductible if you file an itemized return. If you paid points to lower your interest rate, those may also be deductible. Use this calculator to determine how much you could save in income taxes.

Please consult with a tax professional regarding mortgage interest deductions and your specific situation.

Find the Best Mortgage for You

Our great mortgage rates will bring you home. We've got options for military members, first time home buyers or those looking to finance.

Lower rates icon

Make Sense of Home-Buying

Visit MakingCents for clear, step-by-step information on the home-buying process, from understanding mortgages to homeowner essentials.

MakingCents logo

Mortgage Specials

Let Navy Federal help you finance your home.

Mortgage icon