How much mortgage interest can I deduct in 2025?
Estimate deductible mortgage interest for 2025 or 2026 by entering interest paid and average loan balance. The tool applies IRS mortgage debt limits and shows the deductible portion versus any disallowed interest so you can compare itemizing to the standard deduction.
How this calculation works
- Uses average mortgage balance and IRS debt limits for the selected year.
- Applies a ratio if your balance exceeds the deductible limit.
- Estimates deductible versus disallowed interest.
Common mistakes and caveats
- Rules for home equity and refinancing can differ.
- This estimate assumes standard itemized deduction rules.
- State mortgage interest rules may vary.
FAQ
Is all mortgage interest deductible?
No. Deductibility depends on IRS debt limits and the type of mortgage.
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