Housing Loan Deduction (Japan)
Simulate housing loan tax deduction amounts in Japan based on loan details, move-in year, and income.
First Year Deduction
Total Deduction
Deduction Rate
Income Tax Reduction (1st year)
Resident Tax Reduction (1st year)
Yearly Deduction Table
| Year | Loan Balance | Deduction |
|---|
* This is an estimate. Actual deductions depend on detailed tax calculations and housing type. Consult your tax advisor.
About Housing Loan Deduction (Japan)
Japan's housing loan deduction (jutaku loan koujo) allows homeowners to deduct a portion of their outstanding mortgage balance from income and resident taxes. The deduction rate and period depend on the move-in year.
Key Points
- For move-in from 2022: 0.7% of year-end balance (was 1.0% before 2022)
- Maximum borrowing limit varies by year and housing type
- Deduction period: 10 or 13 years