Work out your tax benefits on home buying Calculate the tax deduction benefits when taking out a mortgage for home-buying purposes. Home Price ($): * Loan Amount ($): * Mortgage Rate (% per annum): * Points : Loan Period (No. of Years): * Month of Purchase : JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Filing Status : SingleMarried Tax Rate : 10%15%25%28%33%35% State Tax Rate (%): Real Estate Taxes : Medical & Dental : Gifts & Charity : Thefts & Losses : Job Expenses : Calculate Clear Form What would be the tax benefits of buying a home? Monthly Mortgage Payment: Loan Points: Interest Paid: Standard Deduction: Other Deductions: Itemized Deductions: Additional: Tax Benefit: After Tax Payment: