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How is interest on a mortgage tax deductible?

We are in California and are about to buy our first home. The home we are buying is $260,000 and our loan is for $240,000. The interest rate is 6.125%. With an income of $100,000 and for deductions its the two of us plus 4 kids. What kind of tax refund would we be looking at? I have a couple…



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How is interest on a mortgage tax deductible?

https://aumimlaycity.livejournal.com/2222.html

We are in California and are about to buy our first home. The home we are buying is $260,000 and our loan is for $240,000. The interest rate is 6.125%. With an income of $100,000 and for deductions its the two of us plus 4 kids. What kind of tax refund would we be looking at? I have a couple…



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https://aumimlaycity.livejournal.com/2222.html

How is interest on a mortgage tax deductible?

We are in California and are about to buy our first home. The home we are buying is $260,000 and our loan is for $240,000. The interest rate is 6.125%. With an income of $100,000 and for deductions its the two of us plus 4 kids. What kind of tax refund would we be looking at? I have a couple…

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