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Home Equity and Mortgage Calculators

Tax Savings Calculator

Interest paid on a home loan is tax deductible if you itemize it on your on 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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Calculate View Report Terms and Definitions
This calculator is intended for informational purposes only and is not intended to provide today’s actual rates.
Your actual results may vary.




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Citizens Bank is a brand name of RBS Citizens, N.A. and Citizens Bank of Pennsylvania. Citizens Bank is a division of RBS Citizens, N.A. and Citizens Bank accounts and other RBS Citizens, N.A. accounts are not separately insured by the FDIC. Citizens Bank of Pennsylvania is not part of RBS Citizens, N.A.
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