On a whim I visited the ACA website and put in the following data, location, father, mother and two kids, ages, non smokers, and an income of $55,000 and then $51,500. The difference is an income with and without $100,000 mortgage at 3.5%.
The ACA subsidy is increased $528 with the mortgage deduction,
---in the example I put on the website.
That is the same as reducing your 3.5% down to less than 3%.
Just something additional to throw in the mix.
Kinda regretting not jumping on the ACA gravy train.
If Hillary is elected in Nov, I'm in.
Further info; the ACA is figured an Modified Adjusted Gross Income.
If you know of a good review of how that is calculated please post it.
Even a list of what is and is not included in MAGI would be helpful.
Thanks