Estimate Your Texas MCC Tax Credit
The Texas Mortgage Credit Certificate (MCC) allows first-time buyers (and eligible veterans) to claim a dollar-for-dollar federal tax credit of up to $2,000 every year for the life of their loan.
Credentials & Trusted Affiliations
Calculate Your Savings
Adjust the sliders to estimate your annual tax credit.
Where should we send your detailed MCC strategy report?
How the MCC Works
The Mortgage Credit Certificate is a federal tax credit—not just a deduction. It reduces your federal income tax liability dollar-for-dollar.
Currently, the Texas MCC provides a credit equal to 15% of the annual mortgage interest you pay, capped at $2,000 per year.
You can still claim the remaining 85% of your mortgage interest as a standard itemized deduction.
Disclaimer: This calculator provides an estimate for educational purposes only. Garcia Vet Homes does not provide tax advice. Consult a licensed CPA for specific tax implications.
Official TSAHC/MCC Contact & Application Info
For direct applications and official information regarding the Texas Mortgage Credit Certificate (MCC):
Required Documents for MCC:
Government ID, Last 2 Years W-2s, Last 30 Days Pay Stubs, Last 60 Days Bank Statements, Tax Returns, and Completion of an Approved Homebuyer Education Course.