HOW TO CALCULATE THE AFTER-TAX COST OF YOUR MORTGAGE 

By Kevin Brierton Team | January 15, 2024
A calculator and some pencils on top of papers.

Kevin Brierton – 1.15.2024 YOUR COST OF BORROWING MAY BE LOWER THAN YOU THINK Homeowners who itemize tax deductions can deduct the interest on up to $750,000 of mortgage balances used to buy, build, or improve a qualified home. Here’s how to figure out the impact of that tax deduction: WHAT IS YOUR MARGINAL TAX…

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