Are home loan installments deducted when calculating zakat on money?

The majority of scholars are of the view that debt negates Zakat for the equivalent amount of hidden wealth. So, if a year passes on the saved money, the house installments are deducted from it. If a nisab (minimum threshold) remains after that, Zakat becomes obligatory; otherwise, it does not. If there are other funds exceeding the essential needs, they can be used to pay off the installments to purify the entire saved balance with Zakat.