Deductions & credits

Yes, the ending balance is the balance at the end of their reporting period. Go through the interview again, and when you get to a similar page looking like this below, either in online or software version, answer yes. Under the amount to buy, build, or improve, that can be your ending balance of the amount you financed to purchase the home, if you took out extra and used for other things, that particular money cant be deducted. But, if your loan before this was used exclusively to buy, build, or improve your property, and you had and ending balance with your other lender, that is your starting point for the qualified amount, or your ending balance with your other lender if all was qualified mortgage interest before can still be used; just not the amount spent on other than your house like furniture.