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Home Equity

Tax-deductible loan calculator

Calculate your tax-deductible loan and more

This tax-deductible loan calculator helps determine the tax savings on loans or lines of credit with tax-deductible interest payments. For a loan payment, select fixed-term loan. For a line of credit payment, you can choose 2 percent, 1.5 percent, 1 percent of the outstanding balance or interest only.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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