Real Estate Transfer Tax Calculator
State and local transfer tax from sale price.
Legal Disclaimer
This calculator provides general estimates only and does not constitute legal advice. Laws, regulations, and court procedures vary significantly by jurisdiction. Consult a licensed attorney in your area for advice specific to your situation.
How to Use This Calculator
- Enter Sale Price — the full agreed purchase price before any adjustments.
- Input State Rate, County Rate, and City Rate per $500 of sale price from your jurisdiction's schedule.
- Set Mansion Tax Threshold and Mansion Surcharge % if your state imposes a luxury surcharge (common in NY, NJ).
- Enter Exemption Amount if you qualify for a first-time buyer or other statutory exemption.
- Review Total Transfer Tax and Effective Rate to include in seller or buyer closing cost estimates.
- Check whether the buyer or seller pays transfer tax in your state — conventions vary by market.
How the result changes with Sale Price ($)
| Sale Price ($) | Total Transfer Tax |
|---|---|
| 10,000,000 | $115,000.00 |
| 35,000,000 | $427,500.00 |
| 65,000,000 | $802,500.00 |
| 90,000,000 | $1,115,000.00 |
What each input means
- Sale Price ($)
- Total agreed-upon sale price of the property.
- State Rate (per $500)
- State documentary stamp or transfer tax per $500 of sale price.
- County Rate (per $500)
- County transfer tax per $500 of sale price.
- City Rate (per $500)
- City transfer tax per $500 (0 if none).
- Mansion Tax Threshold ($)
- Sale price above which the mansion-tax surcharge applies.
- Mansion Surcharge (%)
- Surcharge percentage on the amount above the mansion threshold.
- Exemption Amount ($)
- First-time buyer or other statutory exemption amount.
What each result means
- Total Transfer Tax
- Combined state, county, city, and mansion taxes.
- Effective Tax Rate (%)
- Total tax as a percentage of the sale price.
- State Transfer Tax
- State-level documentary stamp or transfer tax.
- County Transfer Tax
- County-level transfer tax.
- City Transfer Tax
- City-level transfer tax.
- Mansion Tax Surcharge
- Additional tax on the amount above the mansion threshold.
- Taxable Amount
- Sale price minus any exemptions.
- Tax per $1,000 of Price
- Transfer tax cost per $1,000 of sale price.
- Seller Net After Tax
- Sale price minus total transfer taxes.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersSale Price ($) = 400000, State Rate (per $500) = 0.7, County Rate (per $500) = 0.55, City Rate (per $500) = 0 = 7 input(s) provided
- Calculate Total Transfer TaxTotal Transfer Tax = r(totalTransferTax)1000 = $1,000
- Calculate Effective Tax RateEffective Tax Rate = r(effectiveRate)0.25 = 0.25%
- Calculate State Transfer TaxState Transfer Tax = r(stateTax)560 = $560
Engine last updated .
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