Tax-Adjusted Purchasing power
Move‑Up Buyer Tax Advantage Calculator
Old home = Current Law (2025). New home = New Law (2026). Defaults use 2025/2026 standard deductions and SALT = $40,000. (Educational illustration — not tax advice.)
Inputs
Link New Law marginal rate to Current Law
New Law — New Home (2026)
Current (Old) Home
Target (New) Home
MI/MIP deductibility restarts in tax year 2026. Toggle each side as appropriate.
Up to date
Illustration only — not tax advice
Results
Old Home — Annual Tax Value (home items only, Current Law)
$0New Home — Annual Tax Value (home items only, New Law)
$0Δ Annual (New − Old)
$0Monthly W‑4 Potential (Δ / 12)
$0Current Law SALT cap: $40,000
New Law SALT cap: $40,000
Current (Old) Home — Details
Interest (approx)$0
Property Tax counted (after SALT)$0
MI/MIP counted$0
Itemized (home items + other)$0
Increment vs Standard$0
Target (New) Home — Details
Interest (approx)$0
Property Tax counted (after SALT)$0
MI/MIP counted$0
Itemized (home items + other)$0
Increment vs Standard$0
Method: We compute the incremental value that home items (interest + allowed property tax + MI/MIP if included) add to itemized deductions, beyond the standard deduction and other non-home itemized amounts. Tax value = marginal rate × incremental deduction. Property tax is input as annual $. SALT caps, standard deductions, and marginal rates are set independently for Current vs New Law.
Built‑in Tests
Interactive calculators are self-help tools. All examples are hypothetical and for illustrative purposes only.
E. Lee Smith
E. Lee Smith
Branch Manager
RMLO
NMLS: 436498
512-948-6550
Branch: Canopy Mortgage - TLC Group - 13809 Research Blvd, Ste 500, Austin, TX 78750 | Office #512-598-9093 | NMLSConsumerAccess.org #: 1359687 | Equal Housing Lender -All loans subject to credit and property approval.
Consumers wishing to file a complaint against a banker or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov. State Licenses page, Privacy Policy, and Terms of Use