[donflamenco]

At least with me (married filing jointly), when Trump raised the standard deduction so high, the mortgage interest deduction doesn't come into play. It hasn't seemed to change my total tax liability, it just made my tax return easier to do. I haven't had to itemize for years now.

[abalashov]

It is true that the interest deduction is not nearly as valuable as it was in my ownership days (late 2000s/early 2010s). My total annual interest of those days wouldn't even meet the individual standard deduction now, and that was a 6.65%/8.25% 80/20 loan (30-year fixed) with essentially 99% financing, back when that was a thing.

However, my assumption, given the cumulative inflation since then, is that my payments would be twice as large today and easily clear the individual deduction, as long as it wasn't one of those lower-interest loans people like. I hate those.