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Is Coop mortgage interest deductible if I also have a personal $1m mortgage?

I am looking to buy a New York City coop to be my primary residence. I am subject to AMT so I cannot deduct the RE tax element of the Coop common charges but my question is whether I am able to deduct the mortgage interest component of the CC against my taxable income. I know that normally the coop mortgage interest is deductible in addition to my personal mortgage interest but I believe I can only deduct interest on a mortgage up to $1m. In my case my personal mortgage will be $995k so my question is whether the coop interest will also be deductible or am I maxed out on interest deductibles?
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February 26 2013 - New York
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I know this is not the answer you want but speak wth a Certified Public accountant.
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February 28 2013
 
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