Florida intangible tax calculator
The answer up front: Florida charges a one-time nonrecurring intangible tax of 2 mills — $2 per $1,000 — on the amount of any mortgage recorded against Florida real property (Fla. Stat. §199.133). On a $300,000 loan that's $600.00, and the same recording also owes $1,050.00 in mortgage documentary stamps (§201.08) — $1,650.00 together.
How the two mortgage taxes differ
- Intangible tax (§199.133): 2 mills on the exact amount secured — no rounding step. Cash buyers never owe it; there's no mortgage to record.
- Mortgage doc stamps (§201.08): 35 cents per $100 of the note, with the amount rounded UP to the next $100 first — the same statutory rounding as deed stamps.
Mortgage recording taxes by loan amount
Both taxes are charged on the loan amount, so they scale straight with how much you borrow. Common amounts:
| Mortgage amount | Intangible tax | Note doc stamps | Total recording taxes |
|---|---|---|---|
| $150,000 | $300.00 | $525.00 | $825.00 |
| $250,000 | $500.00 | $875.00 | $1,375.00 |
| $300,000 | $600.00 | $1,050.00 | $1,650.00 |
| $400,000 | $800.00 | $1,400.00 | $2,200.00 |
| $500,000 | $1,000.00 | $1,750.00 | $2,750.00 |
The combined rate works out to about $5.50 per $1,000 borrowed — roughly $1,650 on a $300,000 loan — on top of the clerk's flat per-page recording fee.
Refinances, and what "nonrecurring" means
The word nonrecurring is the key: Florida once levied an annual (recurring) intangible tax on the value of intangible assets, but that yearly tax was repealed in 2007. What remains is this one-time charge, owed once when a mortgage is recorded. A refinance records a new mortgage, so it generally owes the intangible tax again on the new loan amount — a real cost of refinancing that a rate-only comparison misses. Certain modifications, assumptions, and future-advance clauses are treated differently under the statute and department rules, and only the new money may be taxed when an existing recorded mortgage is modified rather than replaced; the closing agent computes the exact figure for your file.
What is and isn't taxed
- Only mortgages on Florida real property. The tax attaches to the recorded lien, so an unsecured note or a loan secured by out-of-state property owes nothing here.
- Cash purchases owe neither tax — with no mortgage recorded, there is no note to stamp and no lien to tax. The deed still owes its own documentary stamp tax.
- Government and certain agency mortgages can be exempt; the settlement agent applies any exemption at recording.
Buying rather than refinancing? The deed side has its own transfer-tax calculator, the clerk's per-page charge is in the recording fee calculator, and the closing cost worksheet composes all of it.
Rates from the cited statutes; the closing agent's figures control. Informational only — not tax advice.
Quick answers
What is the Florida intangible tax on a mortgage?
A one-time (nonrecurring) state tax of 2 mills — $2 per $1,000 — on the amount of a mortgage recorded against Florida real property (Fla. Stat. §199.133). A $300,000 mortgage owes $600, due when the mortgage records.
Who pays the intangible tax?
Customarily the borrower — it's part of the buyer's or refinancer's closing costs, collected by the closing agent and remitted with the recording.
Is the intangible tax the same as mortgage doc stamps?
No — they stack. The same recorded mortgage also owes documentary stamp tax on the note at 35 cents per $100 (§201.08). Together they run $5.50 per $1,000 borrowed — $1,650 on a $300,000 loan.
Does a refinance owe the intangible tax again?
Generally a newly recorded mortgage owes the tax on the amount it secures; some modifications and transfers are treated differently. The closing agent computes the exact figure for your file — treat this page as the planning number.
Data verified as of August 2026.