Calculating Mortgage Tax

Mortgage Taxes Explained

Mortgage tax is calculated by dividing the amount of the mortgage by $100 (or part thereof), then multiplying that figure by a rate determined by the term of the mortgage, plus a 5.00 Certification Fee.

Mortgage Tax Rate Table

Mortgage Term: Tax Rate per $100 (or part)
is 5 years or more .10
is 4 years and less than 5 years .08
is 3 years and less than 4 years .06
is 2 years and less than 3 years .04
is less than 2 years .02

Mortgage Affidavit

Make checks payable to the County Treasurer.