Mid Calc
The MID Calc from the National Association of REALTORS® allow homeowners to estimate the tax savings value of the Mortgage Interest Rate Deduction. Use the buying power calculator to see how your housing dollars are optimized by the tax savings.
| Category | Price | Seller | Device |
|---|---|---|---|
| Finance | Free | National Association of REALTORS | iPhone, iPad, iPod |
Reviews
Useless
Pewo1
Buy vs rent only considers the mortgage costs. What about real estate taxes, common charges or maintenance charges in a coop? Banks consider these costs when calculating DTI's, and it is common sense to consider the total monthly financial cost of owning the property. I am also not sure that your tax bracket is calculated solely on your gross income. Great idea NAR, but misleading in it's current form.
