Property Tax Deduction Calculator

Written byOleh Soloninupdated 5 October 2026

Property price

Mortgage interest paid

Annual gross income

Maternity capital, subsidies and employer money

This part of the price is excluded from the deduction.

Advanced options

Purchase deduction already claimed

The deduction (not the refund) claimed earlier on another home; the rest of the 2 million carries over.

Purchase cap

Interest cap

Result

Base from the purchase2,000,000.00 ₽
Refund on the purchase260,000.00 ₽
Base from interest1,800,000.00 ₽
Refund on interest234,000.00 ₽
Total refund494,000.00 ₽
Income tax per year156,000.00 ₽
Refund for the first year156,000.00 ₽
Time to claim it all4 years

A 2 million base for the home, 3 million for mortgage interest

How much income tax comes back for buying a home and for mortgage interest paid, and how many years it will take to collect at your income.

The purchase deduction is capped at a base of two million roubles, so at the 13 percent rate the most that comes back is 260,000; income above 2.4 million a year was taxed at higher rates, and the refund grows with them. A flat costing eight million still gives a two-million base — but any unused part of the allowance can be carried to a future purchase.

Mortgage interest is a separate allowance with a three-million expense cap; at 13 percent that returns up to 390,000, and more when the deduction reduces income taxed at higher rates. This one cannot be carried across properties: it is granted once in a lifetime and for a single property — though interest on a loan that refinanced the original mortgage counts too.

How to use

Enter the purchase price of the home and the mortgage interest paid so far.
Enter your annual income before tax — that is what limits how fast the refund arrives.
Enter any subsidies, maternity capital or employer money used, and any deduction already claimed on an earlier purchase.
Read the refund for the purchase, the refund for the interest and how many years it will take to receive it all.

Two ceilings, two refunds

The purchase deduction is capped at 2,000,000 of price, so a home costing 6,500,000 yields the same refund as one costing 2,000,000: 260,000, which is 13 percent of the cap on income taxed at 13 percent. Mortgage interest carries a separate cap of 3,000,000, worth up to 390,000 more.

The refund is limited each year by the tax actually withheld from your pay. On an income of 1,200,000 that is 156,000 a year, so a total refund of 494,000 arrives across four years rather than at once. The remainder carries forward indefinitely.

Annual income of 1,200,000 ₽ gives 156,000 ₽ of tax a year, so the refund takes four years. Worked out with this calculator.
Element	Base	Refund
Purchase price of 6,500,000 ₽	2,000,000 ₽ (capped)	260,000 ₽
Mortgage interest of 1,800,000 ₽	1,800,000 ₽	234,000 ₽
Total	—	494,000 ₽

What reduces the deduction

Money that was not yours does not count. Maternity capital, state subsidies and employer contributions are subtracted from the price before the deduction is worked out, because no tax was paid on them in the first place.

The purchase deduction is available once in a lifetime, though its unused part can be carried to a later purchase. The interest deduction is not: it attaches to a single property, so using it on a small mortgage forfeits the rest. Interest on a refinancing loan for that property still counts.

What this calculator shows

The refund from the purchase and from interest, and the combined total
Your annual income tax — the ceiling on what can come back in one year
How many years of filing it will take to collect the whole amount

What to keep in mind

The refund follows the Russian income tax scale in force since 2025: above 2.4 million roubles the deduction comes off the higher bands first, so 2 million returns 272,000 on an income of 3 million. Maternity capital and subsidies are excluded from the expense.
Only interest actually paid counts, not the total interest scheduled over the life of the loan.

Where the numbers come from

Checked against Article 220 of the Russian Tax Code (property deductions) · verified July 2026.

FAQs

Can I still claim on a flat bought years ago?

Yes, the right itself does not expire. But tax can only be reclaimed for the last three years, so a 2026 filing covers 2023 to 2025.

How does it work for a married couple?

Each spouse claims their own two-million allowance on jointly owned property. A four-million flat can return 520,000 rather than 260,000, provided both have taxable income.

Through the employer or through a tax return?

Through the employer the benefit arrives immediately as tax simply stops being withheld. Through a return you wait until the following year but receive it as one payment.

Does buying from a relative qualify?

No. Transactions between spouses, parents, children and siblings give no right to the deduction, even when money genuinely changed hands.

What is the refund on a 6.5 million home with 1.8 million of interest?

494,000 ₽ in total: 260,000 ₽ on the purchase, capped at a base of 2,000,000 ₽, and 234,000 ₽ on the interest. On an income of 1,200,000 ₽ it arrives over four years.

Why does a more expensive home not give a bigger refund?

Because the base is capped at 2,000,000 ₽. A home at 6,500,000 ₽ and one at 2,000,000 ₽ produce the same 260,000 ₽; only the mortgage interest, capped separately at 3,000,000 ₽, can add to it.

Worked example

A 6.5 million flat bought with a mortgage

Input: 6,500,000 ₽ price, 1,800,000 ₽ interest paid, 1,200,000 ₽ annual income

Output: 260,000 ₽ on the purchase, 234,000 ₽ on interest, 494,000 ₽ over four years

Note: Only 156,000 of tax is paid per year, so the refund spreads across four filings. Claiming the interest part later is usually the sensible order.

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Property Tax Deduction Calculator

Result

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