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- Mortgage-interest deduction
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Mortgage-interest deduction
The tax write-off that the Internal Revenue Service allows most owners to claim for the annual interest payments they make on their real estate loans.
Related Terms
Tax deduction
Compound interest
Interest rate ceiling
Buy-down mortgage
Initial interest rate
Interest accrual rate
Two-step mortgage
PITI (Principal Interest Taxes Insurance)
Property tax deduction
Prepaid interest
Mortgage
Note
Rate lock
Adjustment period
Cap
Adjustable-rate mortgage (ARM)
Rate-improvement mortgage
Interest rate caps
Interest rate
Add-on interest
Variable rate mortgage
Per-diem interest
Step-rate mortgage
Interest-only loan
Interest rate buy-down plans
Lock-in
Certificate of deposit index
Note rate
Fixed-rate mortgage
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