Title Insurance Calculator: I’m Selling

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Sale Price: $
Owners Premium: $
Estimated Closing Date (must be filled in):  
 
Settlement Fee: $
Abstract / Title Search: $
Municipal Lien Search (estimated outside vendor): $

Total Premium and Fees:

 $

Sellers Net Proceeds Calculator
Sales Price: $
Total Premium and Fees: $
Real Estate Commission Percentage:

Total Real Estate Commission:
Doc stamp tax on deed (add Surtax if in Dade)*: $
Other/HOA Fees/Etc. $
Seller Contribution (if applicable): $
Home Protection Plan (if applicable): $

Total Settlement Charges:

 $

Payoffs
First Mortgage Loan: $
Second Mortgage Loan or Equity Line: $
Other: $

Total Payoffs

 $
Total Real Estate Taxes (Prior Year): $
Daily Tax Rate: $
Estimated Starting Date: (mm/dd/yyyy )
Estimated Tax Accrual: $

Total Deduction From Sale Price:

 $

Net Proceeds From Sale:

 $
* Documentary stamp tax on Deeds (Seller Expense) (this is not a recording fee). In all Florida counties except Miami-Dade, the tax rate imposed on Deeds (e.g., warranty, special warranty, quit claim, trustee's deed, life estate deed, and even transfers of property between spouses) are subject to tax is $0.70 on each $100.00 or portion thereof of the total consideration. But in Miami-Dade County the tax rate is $0.60 cents on each $100 or portion thereof. Miami-Dade County also has a surtax of $0.45 cents on each $100 or portion thereof however single-family dwellings are exempt from the surtax. For example, a Broward County property that sells for $180,000 would = $1,260.00 in documentary stamp taxes (1800 is the number of taxable units representing each $100 or portion thereof of the consideration of $180,000 multiplied by (x) $0.70 = $1,260.00). See, Fla. Stat. §201.02(1)(a), §201.031

** Recording Fee (Buyer Expense) $10.00 for the First (1st) Page plus $8.50 for each additional page. See, Fla. Stat. §28.24(12)(a,b,d,e), §24.222(3)(a). Additional $4.50 for electronic submission fee.

*** Intangible tax on promissory note (Buyer Expense) of $0.002 per one dollar $1.00 of notes secured by a mortgage. For example on $180,000.00 the intangible tax = $360.00. See, Fla. Stat. §199.133.

**** Documentary stamp tax on Mortgages (Buyer Expense), are taxed based on the full amount of the indebtedness regardless of whether it is contingent or absolute, at the rate of tax is $0.35 cents per $100 or portion thereof. There is no cap on the amount of tax due. See, Fla. Stat. §201.08(1)(b)

***** Documentary stamp tax on Promissory notes (Buyer Expense) are taxed at the rate of $0.35 cents per $100 or portion thereof; which is capped at $2,450. See, Fla. Stat. §201.08(1)(a)

Limitation of Liability for On-Line Calculator
The fees produced herein are for informational purposes only based on general circumstances and are provided as-is with all warranties, express and implied, being expressly disclaimed (including but not limited to the disclaimer of any implied warranties of merchantability and fitness for a particular purpose). The quote herein may contain errors, inaccuracies or other limitations based on real life situations and in no event will FTIC be liable for indirect, special, incidental or consequential damages incurred. Please check directly with FTIC for a personalized quote.