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Owning a home not only allows your monthly payments to contribute to your own
equity, but you also may be able to realize tax savings based on your interest
and property tax payments. Find out how much you can potentially save in taxes
due to deductible mortgage interest and property tax payments.
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Mortgage Tax Savings Calculator
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Property value:
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Loan amount:
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Annual interest rate (%):
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Loan term (years):
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Points (%):
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Loan closing costs:
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Property tax rate (%):
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Your state and federal tax rate (%):
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Number of years to calculate savings for:
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Monthly Principal and Interest Payment:
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Annual property tax amount:
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Tax savings for entered period:
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