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| To use the Homeownership Tax Benefit calculator, enter the information
on your house and tax situation in the white boxes. Your future interest
and tax payments, tax benefits and tax benefits as a percentage of
home value will be calculated. They will appear below the entry form.
One caveat: this model is intended as an illustration of tax benefits. It does not take into account deductions that might shift from a 27 percent tax rate down to a 15 percent tax rate. In addition, it does not take into account other deductions that some households have such as state income taxes and charitable contributions.
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