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 (%):
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:
Tax benefit:
After tax payment: