Zakat and Mortgages
Mortgages are long-term debts. Scholars differ on whether you can deduct them from your zakatable wealth.
If you have a mortgage, scholars have different views on whether you can deduct it from your Zakat. The safest approach is to not deduct it or to deduct only the next year's payments.
The Scholarly Debate
No consensus on mortgages.
Some scholars say you can deduct the full outstanding mortgage balance from your zakatable wealth. Others say you cannot deduct it at all because it is a long-term debt tied to an appreciating asset. A middle position is to deduct only the payments due in the next 12 months.
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Conflicting Views