Denver Home Loan Tax Benefits Calculator. Buying a home can result in a big tax break every year, among other benefits. In terms of investments, purchasing a home is probably the biggest one you will ever make. Moreover, it can be the wisest, due partly to a number of tax advantages the government has instituted to encourage homeownership. These benefits can help reduce the cost of buying and owning a home and leave you with more money when it's time to sell. The Denver Home Loan Tax Benefits Calculator although designed for Colorado it will work for any states in the USA. It is very versatile as it will give you a Financial Analysis and printout a PDF file that you can print or save to your computer for future use.