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Tax Savings Calculator

Interest paid on a home loan may be tax deductible if you itemize it on your tax return. So are points that are paid to lower your interest rate. Use this calculator to determine how much you could save in income taxes.* Click on the "View Report" button to view the results in detail.

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This calculator is intended for informational purposes only and is not intended to provide today’s actual rates or terms.
Your actual results may vary.

 

 

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* Be sure to consult your tax advisor regarding deductibility of interest.

Mortgages are offered and originated by RBS Citizens, N.A. (NMLS ID# 433960). Charter One and CCO Mortgage are divisions of RBS Citizens, N.A. Charter One Mortgage is a trade name. All loans are subject to individual approval.