Your deduction should not be reduced just because you refinanced. You should get the same deduction as you would holding the original loan all year. Did you take cash out with the refinance? Both 1098's should have the same origination date. When entering the 1098's, pay close attention to all the questions being asked. You need to specify that the first 1098 'was paid off or refinanced in 2024' and that it is not the latest 1098. For the second 1098, check the box that says 'this loan is a refinance of a previous loan' and that it is the latest 1098.
