Hi @RaifH
Thanks for the information.
I am confused when you say "To use the interest rate method, you must have owned the home all year long and you paid monthly. "
Here's the text from Pub 936 and there is NO mention of needing to own home all year long. In fact this method is more meaningful for cases when people don't have mortgage for all year long. For all year long mortgages, simple method of averaging start and end of year values works just fine.
According to me, "At all times" in the text below refers to mortgage secured by qualified home 100% of the times, not 100% of the year.
Actual text from Pub 936......
Interest paid divided by interest rate method :
You can use this method if at all times in 2023 the mortgage was secured by your qualified home and the interest was paid at least monthly
