Skip to main content
Calcimator

Real Estate Transfer Tax Calculator

State and local transfer tax from sale price.

DEGRAD
0
0
How to Use This Calculator
  1. Enter Sale Price — the full agreed purchase price before any adjustments.
  2. Input State Rate, County Rate, and City Rate per $500 of sale price from your jurisdiction's schedule.
  3. Set Mansion Tax Threshold and Mansion Surcharge % if your state imposes a luxury surcharge (common in NY, NJ).
  4. Enter Exemption Amount if you qualify for a first-time buyer or other statutory exemption.
  5. Review Total Transfer Tax and Effective Rate to include in seller or buyer closing cost estimates.
  6. 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

  1. Identify Input Parameters
    4 parameters
    Sale Price ($) = 400000, State Rate (per $500) = 0.7, County Rate (per $500) = 0.55, City Rate (per $500) = 0 = 7 input(s) provided
  2. Calculate Total Transfer Tax
    Total Transfer Tax = r(totalTransferTax)
    1000 = $1,000
  3. Calculate Effective Tax Rate
    Effective Tax Rate = r(effectiveRate)
    0.25 = 0.25%
  4. Calculate State Transfer Tax
    State Transfer Tax = r(stateTax)
    560 = $560

Engine last updated .

The questions that sit next to this one — chosen by subject, including calculators filed under a different category.

More in Real Estate & Property.