Instant calculation of Florida's nonrecurring intangible tax on any new mortgage. $0.002 per $1 of loan principal. All 67 Florida counties. Updated for 2026.
Intangible: $400,000 × 0.002 = $800 · Doc stamp: $400,000 ÷ 100 × $0.35 = $1,400 · Combined: $5.50 per $1,000 borrowed
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The Florida nonrecurring intangible tax is a state tax on new mortgage liens recorded against Florida real estate. It is governed by Florida Statute Chapter 199 and is administered by the Florida Department of Revenue. The tax rate is $0.002 per $1.00 ($2.00 per $1,000) of the principal amount of the new mortgage. It is "nonrecurring" because it is paid only one time — at the moment the mortgage is recorded — not annually or on each payment. The borrower pays this tax at closing.
Atlantic Title Firm handles Florida closings every day. We calculate the intangible tax, collect it from the buyer via the settlement statement, and remit it to the county clerk with the mortgage at recording. The calculator above uses the exact statutory rate we apply on real closings.
The calculation is straightforward: multiply the principal balance of the new mortgage by 0.002. On a $400,000 mortgage, the intangible tax is $400,000 × 0.002 = $800. On a $250,000 mortgage, it is $500. On a $750,000 mortgage, it is $1,500. The tax is applied to the face amount of the mortgage (the principal) — not the purchase price, not the loan-to-value ratio, not the appraised value. If the buyer is financing a $500,000 home with a $400,000 mortgage, the intangible tax is calculated on $400,000, not on $500,000.
Florida buyers who finance their purchase pay two separate Florida-specific mortgage taxes at closing: the nonrecurring intangible tax on the mortgage ($0.002 per $1) and the doc stamp on the promissory note ($0.35 per $100, which is $0.0035 per $1). Combined, these add up to $0.0055 per $1 borrowed — or about $5.50 per $1,000 borrowed. A buyer financing $400,000 pays $800 + $1,400 = $2,200 in Florida-specific mortgage taxes alone, before any title work, recording, or lender fees. This is one of the largest single line items on a buyer's settlement statement and is a unique aspect of Florida closings that catches many out-of-state buyers off guard.
When a Florida property owner refinances, a new mortgage is typically recorded in place of the old mortgage. The new mortgage triggers the intangible tax on its full principal amount, even though the borrower already paid intangible tax on the original purchase mortgage. On a $300,000 refinance, the borrower will pay another $600 of intangible tax to the county clerk at recording. This is a recurring out-of-pocket cost on every Florida refinance that many homeowners forget when comparing refinance offers.
Exception: If the borrower refinances with the same lender and the lender chooses to modify the existing mortgage rather than record a new mortgage and satisfy the old one, the intangible tax does not apply — only the increased principal amount (if any) is taxed. This is rare and depends on the lender's willingness to use a modification structure rather than a standard refinance. Most large lenders prefer the cleaner new-mortgage approach despite the tax cost.
The intangible tax is paid at the time the new mortgage is recorded in the county clerk's official records — meaning it is collected by the closing agent at closing, included in the buyer's cash-to-close, and forwarded to the county clerk with the mortgage. If the intangible tax is miscalculated or underpaid, the county clerk will reject the mortgage for recording — meaning the lien is not perfected and the closing is not legally complete until the correction is made. Our team verifies the calculation against the executed mortgage face amount on every transaction we close.
$0.002 per $1 of new mortgage principal — equivalent to $2.00 per $1,000 or 0.2% of the loan amount. Uniform statewide.
The borrower (buyer) pays it on any new mortgage. Collected by the closing agent at closing and remitted to the county clerk along with the recorded mortgage.
Yes. A new mortgage triggers a new intangible tax on its full principal amount. The exception is when the same lender modifies the existing mortgage rather than recording a new one — rare in practice.
Multiply the new mortgage principal by 0.002. A $400,000 mortgage = $800 intangible tax. A $750,000 mortgage = $1,500. Use the calculator at the top of this page for any amount.
Doc stamps on the note are a tax on the promissory note ($0.35/$100). Intangible tax is on the mortgage instrument that creates the lien ($0.002/$1). Both are paid by the borrower. Combined cost: about $5.50 per $1,000 borrowed.
Generally added to cost basis on a purchase. On a refinance, may be amortized over the life of the new loan. Consult your tax professional for your specific situation.
We handle Florida intangible tax, doc stamps, recording, title search, title insurance, and settlement for every closing — statewide, transparent flat fees.