|
MORTGAGE RECORDING TAX
Bronx County, Queens County, Richmond County,
Kings
County, & New York County
|
Residential: |
|
Under $500,000 |
2.05%
(Lender pays .25% & Borrower pays 1.80%) |
|
$500,001 and Over |
2.175%
(Lender pays .25% & Borrower pays 1.925%) |
|
Commercial: |
Under $500,000 |
2.05%
(Borrower pays full) |
$500,001 and Over |
2.80%
(Borrower pays full) |
Nassau County, Suffolk County, Dutchess County,
Orange County, & Putnam County
|
Residential: |
|
|
1.05%
(Lender pays .25% & Borrower pays .80%) |
Westchester County & Rockland County
|
Residential: |
|
|
1.30%
(Lender pays .25% & Borrower pays 1.05%) |
|
City of Yonkers |
1.80%
(Lender pays .25% & Borrower pays 1.55%) |
Note 1: (for all counties) 1-2 Family Dwellings - Deduct $30 for $10,000 more.
Note 2: (for all counties other than the 5 counties in NYC) Commercial rate is the same as residential, but borrower pays in full.
|