Home New York closing costs NYC Mortgage Recording Tax Calculator
Calculator · New York
NYC Mortgage Recording Tax Calculator
New York City has the highest mortgage recording tax in the state, and the rate steps at $500,000. Enter the loan and the property type and see the exact tax before you sign the commitment.
NYC mortgage recording tax rates
| Borough (county) | Under $500,000 | $500,000+ (1–3 family, condo) | $500,000+ (other property) |
|---|---|---|---|
| Bronx | $2.05 per $100 | $2.175 per $100 | $2.80 per $100 |
| Brooklyn (Kings) | $2.05 per $100 | $2.175 per $100 | $2.80 per $100 |
| Manhattan (New York) | $2.05 per $100 | $2.175 per $100 | $2.80 per $100 |
| Queens | $2.05 per $100 | $2.175 per $100 | $2.80 per $100 |
| Staten Island (Richmond) | $2.05 per $100 | $2.175 per $100 | $2.80 per $100 |
Figures are drawn from the same rate book the calculator runs on.
Questions
Frequently asked
What is the mortgage recording tax in NYC?
For loans under $500,000 the combined rate is $2.05 per $100. At $500,000 and up it is $2.175 per $100 for 1–3 family homes and residential condos and $2.80 per $100 for other property.
Is the rate the same in every borough?
Yes. All five boroughs share the same New York City rates.
