How Do I Calculate the Amount of My Mortgage Credit Certificate?
Updated 24 days ago (March 6, 2026)
The tax credit you receive through the mortgage credit certificate is calculated based on the size of your loan, your interest rate, and other factors. The tax credit you can get through the mortgage credit certificate is capped each year.
Tellus TIP:
Ask your mortgage broker or loan officer if you qualify for a mortgage credit certificate and how much tax credit you can receive through this program.
Financial Disclaimer: Tellus provides this content for informational purposes only. This is not financial advice. Financial returns and mortgage terms vary based on individual circumstances and market conditions. Consult a qualified financial advisor before making financial or borrowing decisions.