NYS Mortgage Tax Rates
| County | Tax Rate | Zone |
|---|---|---|
| Albany | 1.00% | 2 |
| Allegany | 1.00% | 1 |
| Bronx | *** | 2 |
| Broome | 1.00% | 1 |
| Cattaraugus | 1.00% | 1 |
| Cayuga | 1.00% | 1 |
| Chautaugua | 1.00% | 1 |
| Chemung | 0.75% | 1 |
| Chenango | 0.75% | 1 |
| Clinton | 1.00% | 1 |
| Columbia | 1.25% * | 2 |
| Cortlandt | 1.00% | 1 |
| Delaware | 1.00% | 1 |
| Dutchess | 1.30% | 2 |
| Erie | 1.00% | 1 |
| Essex | 1.00% | 1 |
| Franklin | 1.00% | 1 |
| Fulton | 1.00% | 1 |
| Genesee | 1.25% | 1 |
| Greene | 0.75% | 2 |
| Hamilton | 0.75% | 1 |
| Herkimer | 0.75% | 1 |
| Jefferson | 0.75% | 1 |
| Kings | *** | 2 |
| Lewis | 1.00% * | 1 |
| Livingston | 1.00% | 1 |
| Madison | 0.75% | 1 |
| Monroe | 1.00% | 1 |
| Montgomery | 0.75% | 1 |
| Nassau | 1.05% | 2 |
| New York | *** | 2 |
| Niagara | 1.00% | 1 |
| Oneida | 1.00% | 1 |
| Onondaga | 1.00% | 1 |
| Ontario | 0.75% | 1 |
| Orange | 1.05% | 2 |
| Orleans | 1.00% | 1 |
| Oswego | 1.00% | 1 |
| Otsego | 0.75% | 1 |
| Putnam | 1.05% | 2 |
| Queens | *** | 2 |
| Rensselaer | 1.25% | 2 |
| Richmond | *** | 2 |
| Rockland | 1.30% | 2 |
| Saratoga | 1.00% | 1 |
| Schenectady | 1.00% | 1 |
| Schoharie | 0.75% | 1 |
| Schuyler | 1.00% | 1 |
| Seneca | 1.00% | 1 |
| St. Lawrence | 0.75% | 1 |
| Steuben | 0.75% | 1 |
| Suffolk | 1.05% | 2 |
| Sullivan | 1.00% * | 2 |
| Tioga | 0.75% | 1 |
| Tompkins | 0.75% | 1 |
| Ulster | 0.75% | 2 |
| Warren | 1.00% | 1 |
| Washington | 1.00% | 1 |
| Wayne | 1.00% | 1 |
| Westchester | 1.30% ** | 2 |
| Wyoming | 1.00% | 1 |
| Yates | 0.75% | 1 |
* = No $30 Exemption
** = City Of Yonkers: 1.80%
*** = NYC (Manhattan, Bronx, Kings, Queens, Richmond) - (1) 2.05% for all Mortgages less than $500,000.00, minus $30 for 1 or 2 Family Dwellings. (2) 2.175% for all Mortgages of $500,000 or more, where the premises is a 1, 2 or 3 Family Residence or Residential Condominium, minus $30 for 1 or 2 Family Dwellings. (3) 2.80% for all Mortgages of $500,000 or more, for all other types of property.
NOTES
0.25% of the Mortgage Tax Rates Listed Above is to be paid by the Lender, unless:
- The Lender is a natural person
- The Premises is greater than a 6 family dwelling
- The Lender is a Federal Bank
If the Premises is greater than a 6 family dwelling, then the Borrower pays the Lender's 0.25% of the Mortgage Tax Rate;
However, if the premises is greater than a 6 family dwelling and the Lender is a natural person, then the 0.25% of the Mortgage Tax Rate is NOT paid at all.
If the Lender is a Federal Bank, the Borrower pays the 0.25% of the Mortgage Tax Rate.
Mortgages $10,000 or less for 1-2 Family Dwellings: the applicable Mortgage Tax Rate is reduced by 0.3% with NO $30 deduction.
$30 Exemption: For all Counties for which the Mortgage Tax is 1.00% or more, then the Borrower is entitled to a $30 Exemption deducted from the Borrower's portion of the Mortgage Tax.