Tax Benefits Calculator This calculator will help you to estimate the tax benefits of buying a home versus renting. Home value: Loan amount: Interest rate (%): Points: Loan term (# of years): Month of Purchase: January February March April May June July August September October November December Filing status: Single Married Tax rate: 10% 15% 25% 28% 33% 35% State tax rate (%): Real estate taxes: Medical & dental: Gifts & charity: Thefts & losses: Job expenses: Mortgage payment: Loan points: Interest paid: Standard deduction: Interest & points: Real estate taxes: Other deductions: Itemized deductions: Additional: Tax benefit: After tax payment: