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Buying a home is a great way to reduce your taxes. With mortgage interest and real estate taxes, you'll probably be able to make the switch from taking the standard deduction to itemizing, making way for new tax savings. Please contact your H&R Block tax professional for more details.

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  • Mortgage interest on your home loan
  • Real estate taxes
  • Calculate Lower Payment
  • Save Money Every Month
  • Avoid Rising Interest Rate
  • Get a Low Fixed Rate


Deduct Your Mortgage Interest & Save
As a homeowner, the mortgage interest you pay on loans up to a million dollars ($500,000 if married filing separately) is deductible, provided you use the money to buy, build or improve your home. Plus, any real estate taxes and points (also called origination fees) are also deductible. Please contact your H&R Block tax professional for more details.

  Learn more about home deductions.
Loans
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