Viv Wallie

How Much Mortgage Interest Is Tax Deductible 2025. Assuming that, as is common for the early years of a mortgage, between 75% and 80% of these payments consist of interest, many taxpayers are likely to get some tax benefit in. Most homeowners can deduct all of their mortgage interest.

With the mortgage interest deduction (mid), you can write off a portion of the interest on your home loan, lowering your taxable income and potentially moving you into a. However, you should be aware of some important rules, limits, and exclusions before you claim this deduction on your tax returns.